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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Binance against Extended−0.045%7-day average +0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$590.589% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.006%−$1 on $10k
Price spread, last 4 days (all we have)+0.132%+$13 · spread now −0.045%, 7d avg +0.053%
Together, before fees+0.126%+ Points / potential airdropExtended: Active · farm board+$13 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.098% cheaper against Extended than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.053%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended AERO-USD0.69110.0104pay 0.0013% / 1h58m 44s$205K$2.0M10x
ShortBinance AEROUSDT0.69080.0100get 0.0050% / 4h1h 58m$26.2M$25.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Extended. 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
−$0.84
Price spread: −0.045% → +0.053%
−$9.8
Slippage, 4 orders
−$43.95
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Binance: 5 bp × 2 orders
−$10
Net
−$69.58
Costs to cover
0.589%
Break-even
never at this rate
Slippage from Extended: live order book, 5 min ago; Binance: live order book, 12 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 5 min ago2.25 bp15.2 bp −$15131.3 bp −$1,313doesn't fitdoesn't fit
Sell Binance live order book, 12 min ago0.73 bp11.6 bp −$1226.2 bp −$262237.6 bp −$23.8Kdoesn't fit

AERO on 22 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
Injective AERO/USDC PERP+0.0033%1h0.6902−0.132%$4$209K5.5xas long as short
Deribit AERO_USDC-PERPETUAL+0.0040%1h0.6904−0.103%$55K$11K10xas long as short
Aster AEROUSDT+0.0100%4h0.6910−0.014%$40K$117K10xas long as short
Binance AEROUSDTshort+0.0100%4h0.6908−0.045%$26.2M$25.5M75x
Bybit AEROUSDT+0.0100%4h0.6905−0.089%$22.5M$19.0M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6908−0.045%$2.3M$6.6M20xas long as short
Gate AERO_USDT+0.0100%4h0.6908−0.045%$1.6M$477K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6914+0.042%$8.2M$1.6M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6915+0.056%$2.1M$939K50xas long as short
Bitget AEROUSDT+0.0100%4h0.6909−0.031%$4.1M$2.0M75xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX AERO-USDT+0.0100%4h0.6910−0.016%$1.7Mas long as short
Variational Omni AERO+0.0100%4h0.6901−0.142%$2.0M$1.3Mas long as short
Extended AERO-USDlong+0.0104%1h0.6911long leg$205K$2.0M10x
Aevo AERO-PERP+0.0104%1h0.6901−0.144%$46K3xas long as short
Reya AERORUSDPERP+0.0228%1h0.6897−0.211%$19K$4K15xas long as short
GMX AERO/USD [ETH-USDC]L +0.0505% / S −0.0237%1h0.6896−0.226%$90K100xas long as short
01 Exchange AEROUSD+0.0520%1h0.6913+0.029%$187$1013xas long as short
RISEx AERO/USDC+0.0540%1h0.6909−0.034%$212K$405K3xas long as short
Hyperliquid AERO+0.0808%1h0.6918+0.107%$23.2M$5.3M3xas long as short
Backpack AERO_USDC_PERP+0.1222%1h0.6919+0.114%$118K$283K15xas long as short
Lighter AERO+0.1296%1h0.6927+0.228%$1.3M$491K3xas long as short
Coinbase International AERO-PERP-INTX+1.0840%1h0.6925+0.201%$91K$36K25xas long as short