Funding you earn now, next payment 09:00 UTC+0.0345%/8h= +37.8% APRnext payment +$0.43 per $10,000 · paid last 24h +0.072%
Price spread now: Hyperliquid against Deribit+0.217%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Hyperliquid is 0.217% dearer against Deribit than usual: you sell high and buy low: +$22 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit AERO_USDC-PERPETUAL | 0.6911 | 0.0474 | pay 0.0059% / 1h | 50m 18s | $55K | $11K | 10x |
| Short | Hyperliquid AERO | 0.6926 | 0.0819 | get 0.0102% / 1h | 50m 18s | $22.8M | $5.4M | 3x |
Deribit AERO_USDC-PERPETUAL
Hyperliquid AEROFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Deribit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $72.51
- Price spread: +0.217% → 0.000%
- $21.7
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $78.21
- Costs to cover
- 0.160%
- Break-even
- from the start
Slippage unknown: Deribit: no order-book sample; Hyperliquid: live order book, 3 min ago. Net counts fees only.
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 Hyperliquid live order book, 3 min ago | 2.17 bp | doesn't fit | 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 on 23 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International AERO-PERP-INTX | −0.0280% | 1h | 0.6927 | +0.232% | $88K | $39K | 25x | as long as short |
| Injective AERO/USDC PERP | +0.0033% | 1h | 0.6902 | −0.130% | $4 | $209K | 5.5x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.6908 | −0.043% | $42K | $127K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.6914 | +0.043% | $26.0M | $25.0M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6909 | −0.029% | $22.6M | $17.9M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6915 | +0.058% | $2.3M | $5.8M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.6909 | −0.029% | $1.6M | $463K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6913 | +0.029% | $8.5M | $1.4M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6918 | +0.101% | $2.0M | $1.1M | 50x | as long as short |
| Bitget AEROUSDT | +0.0100% | 4h | 0.6910 | −0.014% | $4.0M | $1.9M | 75x | as long as short |
Coinbase International AERO-PERP-INTX
Injective AERO/USDC PERP
Aster AEROUSDT
Binance AEROUSDT
Bybit AEROUSDT
OKX AERO-USDT-SWAP
Gate AERO_USDT
MEXC AERO_USDT
KuCoin AEROUSDTM
Bitget AEROUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX AERO-USDT | +0.0100% | 4h | 0.6913 | +0.029% | — | $1.8M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6911 | +0.005% | $2.0M | $1.2M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6909 | −0.026% | $208K | $1.4M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6907 | −0.058% | $46K | — | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6911 | +0.002% | $19K | $4K | 15x | as long as short |
| BloFin AERO-USDT | +0.0340% | 4h | 0.6903 | −0.116% | $943K | $577K | 25x | as long as short |
| Deribit AERO_USDC-PERPETUALlong | +0.0474% | 1h | 0.6911 | long leg | $55K | $11K | 10x | |
| RISEx AERO/USDC | +0.0503% | 1h | 0.6916 | +0.079% | $209K | $552K | 3x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0519% / S −0.0255% | 1h | 0.6905 | −0.081% | $90K | — | 100x | as long as short |
| 01 Exchange AEROUSD | +0.0600% | 1h | 0.6931 | +0.294% | $188 | $101 | 3x | as long as short |
| Backpack AERO_USDC_PERP | +0.0744% | 1h | 0.6919 | +0.122% | $96K | $262K | 15x | as long as short |
| Hyperliquid AEROshort | +0.0819% | 1h | 0.6926 | +0.217% | $22.8M | $5.4M | 3x | |
| Lighter AERO | +0.1448% | 1h | 0.6924 | +0.184% | $1.3M | $386K | 3x | as long as short |
BingX AERO-USDT
Variational Omni AERO
Extended AERO-USD
Aevo AERO-PERP
Reya AERORUSDPERP
BloFin AERO-USDT
RISEx AERO/USDC
GMX AERO/USD [ETH-USDC]
01 Exchange AEROUSD
Backpack AERO_USDC_PERP
Lighter AERO