Spread before costs (cost unknown: a leg has no order-book sample)+0.109%
7d average—if it closes, per $10,000$11funding while held, a day+$13.03
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit AERO_USDC-PERPETUAL | 0.6779 | −0.0192 | get 0.0024% / 1h | 37m 39s | $54K | $11K | 10x |
| Short | Backpack AERO_USDC_PERP | 0.6786 | 0.0242 | get 0.0030% / 1h | 37m 39s | $103K | $319K | 15x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $10.92
- Funding while held
- $13.03
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- $6.94
- Spread needed to break even
- 0.170%
Slippage unknown: Deribit: no order-book sample; Backpack: live order book, 38 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0434%
- Per $10,000 a day
- +$13.03
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Deribit no order-book sample | — | — | — | — | — |
| Sell Backpack live order book, 38 min ago | 0.07 bp | 5.3 bp −$5 | doesn't fit | doesn't fit | doesn't fit |
Deribit: 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 price on every exchange
against the cheapest. Click to use as the short leg.AERO on 23 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate AERO_USDT | −0.030% | +0.0100% | 4h | $1.5M | $565K | 75x | as long as short |
| Reya AERORUSDPERP | −0.027% | +0.0233% | 1h | $15K | — | 15x | as long as short |
| Extended AERO-USD | −0.017% | +0.0104% | 1h | $194K | $1.3M | 10x | as long as short |
| BingX AERO-USDT | −0.015% | +0.0100% | 4h | — | $1.8M | — | as long as short |
| Binance AEROUSDT | 0.000% | +0.0100% | 4h | $25.1M | $24.8M | 75x | as long as short |
| Deribit AERO_USDC-PERPETUALlong | 0.000% | −0.0192% | 1h | $54K | $11K | 10x | |
| 01 Exchange AEROUSD | +0.006% | −0.0104% | 1h | $184 | $122 | 3x | as long as short |
| OKX AERO-USDT-SWAP | +0.015% | +0.0100% | 4h | $2.2M | $6.5M | 20x | as long as short |
| MEXC AERO_USDT | +0.015% | +0.0100% | 4h | $7.9M | $1.6M | 100x | as long as short |
| Bitget AEROUSDT | +0.015% | +0.0100% | 4h | $4.1M | $2.3M | 75x | as long as short |
Show all 23 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aevo AERO-PERP | +0.015% | +0.0104% | 1h | $46K | — | 3x | as long as short |
| KuCoin AEROUSDTM | +0.030% | +0.0100% | 4h | $2.3M | $813K | 50x | as long as short |
| GMX AERO/USD [ETH-USDC] | +0.049% | L +0.0499% / S −0.0230% | 1h | $89K | — | 100x | as long as short |
| Bybit AEROUSDT | +0.059% | +0.0100% | 4h | $21.8M | $20.1M | 25x | as long as short |
| Aster AEROUSDT | +0.084% | +0.0100% | 4h | $40K | $110K | 10x | as long as short |
| Hyperliquid AERO | +0.093% | +0.0100% | 1h | $23.0M | $5.7M | 3x | as long as short |
| Injective AERO/USDC PERP | +0.103% | +0.0033% | 1h | $4 | $47K | 5.5x | as long as short |
| Backpack AERO_USDC_PERPshort | +0.109% | +0.0242% | 1h | $103K | $319K | 15x | |
| RISEx AERO/USDC | +0.114% | +0.0257% | 1h | $204K | $409K | 3x | as long as short |
| BloFin AERO-USDT | +0.251% | +0.0340% | 4h | $909K | $722K | 25x | as long as short |
| Lighter AERO | +0.276% | +0.0160% | 1h | $1.2M | $519K | 3x | as long as short |
| Variational Omni AERO | +0.277% | +0.0090% | 4h | $1.8M | $1.8M | — | as long as short |
| Coinbase International AERO-PERP-INTX | +0.457% | +0.2608% | 1h | $91K | $19K | 25x | as long as short |
Deribit AERO_USDC-PERPETUAL
Backpack AERO_USDC_PERP
Gate
Extended
BingX
Binance
OKX
MEXC
Bitget
KuCoin
GMX
Bybit
Aster
Hyperliquid
Injective
RISEx
BloFin
Lighter
Variational Omni
Coinbase International