Settings8H · net · $10k
Funding arb · Price arb /

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0636%/8h= −69.6% APRnext payment $0.80 per $10,000 · paid last 24h −0.439%
Price spread now: Hyperliquid against Coinbase International−0.163%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−4.143%−$414 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Hyperliquid is 0.163% cheaper against Coinbase International than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International AERO-PERP-INTX0.68870.0736pay 0.0092% / 1h30m 40s$91K$32K25x
ShortHyperliquid AERO0.68760.0100get 0.0013% / 1h30m 40s$23.1M$5.7M3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Coinbase International. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$133.56
Price spread: −0.163% → 0.000%
−$16.26
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$168.82
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Coinbase International: no order-book sample; Hyperliquid: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International no order-book sample
Sell Hyperliquid live order book, 2 min ago0.80 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Coinbase International: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

AERO on 23 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit AERO_USDC-PERPETUAL−0.0187%1h0.6865−0.319%$54K$11K10xas long as short
Hyperliquid AEROshort+0.0100%1h0.6876−0.163%$23.1M$5.7M3x
Aster AEROUSDT+0.0100%4h0.6873−0.205%$39K$110K10xas long as short
Binance AEROUSDT+0.0100%4h0.6869−0.261%$25.4M$25.6M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6869−0.261%$21.9M$20.7M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6870−0.247%$2.3M$6.8M20xas long as short
Gate AERO_USDT+0.0100%4h0.6874−0.189%$1.6M$532K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6871−0.232%$8.1M$1.7M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6874−0.189%$2.1M$906K50xas long as short
Bitget AEROUSDT+0.0100%4h0.6872−0.218%$4.1M$2.2M75xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX AERO-USDT+0.0100%4h0.6871−0.232%$1.8Mas long as short
Variational Omni AERO+0.0100%4h0.6887−0.004%$1.9M$1.6Mas long as short
Extended AERO-USD+0.0104%1h0.6870−0.253%$201K$1.3M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6882−0.073%$46K3xas long as short
Injective AERO/USDC PERP+0.0175%1h0.6902+0.218%$4$209K5.5xas long as short
01 Exchange AEROUSD+0.0224%1h0.6875−0.174%$186$1153xas long as short
Reya AERORUSDPERP+0.0228%1h0.6869−0.259%$19K$4K15xas long as short
BloFin AERO-USDT+0.0340%4h0.6872−0.218%$911K$700K25xas long as short
Backpack AERO_USDC_PERP+0.0453%1h0.6879−0.115%$102K$314K15xas long as short
GMX AERO/USD [ETH-USDC]L +0.0501% / S −0.0223%1h0.6869−0.257%$92K100xas long as short
RISEx AERO/USDC+0.0676%1h0.6875−0.177%$213K$371K3xas long as short
Coinbase International AERO-PERP-INTXlong+0.0736%1h0.6887long leg$91K$32K25x
Lighter AERO+0.0920%1h0.6886−0.016%$1.3M$464K3xas long as short