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: Bybit against Extended−0.011%7-day average +0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$600.603% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.039%−$4 on $10k
Price spread, last 7 days+0.181%+$18 · spread now −0.011%, 7d avg +0.060%
Together, before fees+0.142%+ Points / potential airdropExtended: Active · farm board+$14 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: Bybit is 0.070% cheaper against Extended than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.060%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended AERO-USD0.69100.0104pay 0.0013% / 1h11m 41s$210K$2.0M10x
ShortBybit AEROUSDT0.69090.0100get 0.0050% / 4h1h 11m$22.5M$18.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: −0.011% → +0.060%
−$7.02
Slippage, 4 orders
−$44.29
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$68.14
Costs to cover
0.603%
Break-even
never at this rate
Slippage from Extended: live order book, 2 min ago; Bybit: live order book, 2 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, 2 min ago2.32 bp18.0 bp −$18158.5 bp −$1,585doesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago0.72 bp13.3 bp −$1331.0 bp −$310doesn't fitdoesn't fit

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
Injective AERO/USDC PERP+0.0033%1h0.6902−0.112%$4$209K5.5xas long as short
Aster AEROUSDT+0.0100%4h0.6922+0.174%$39K$116K10xas long as short
Binance AEROUSDT+0.0100%4h0.6915+0.074%$26.2M$24.8M75xas long as short
Bybit AEROUSDTshort+0.0100%4h0.6909−0.011%$22.5M$18.4M25x
OKX AERO-USDT-SWAP+0.0100%4h0.6915+0.076%$2.3M$5.9M20xas long as short
Gate AERO_USDT+0.0100%4h0.6913+0.047%$1.6M$487K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6913+0.047%$8.3M$1.6M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6918+0.120%$2.1M$931K50xas long as short
Bitget AEROUSDT+0.0100%4h0.6911+0.018%$4.1M$1.9M75xas long as short
BingX AERO-USDT+0.0100%4h0.6915+0.076%$1.7Mas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni AERO+0.0100%4h0.6926+0.230%$2.0M$1.3Mas long as short
Extended AERO-USDlong+0.0104%1h0.6910long leg$210K$2.0M10x
Aevo AERO-PERP+0.0104%1h0.6910+0.003%$46K3xas long as short
Deribit AERO_USDC-PERPETUAL+0.0184%1h0.6913+0.047%$55K$11K10xas long as short
Reya AERORUSDPERP+0.0228%1h0.6911+0.022%$19K$4K15xas long as short
BloFin AERO-USDT+0.0340%4h0.6911+0.018%$899K$612K25xas long as short
Hyperliquid AERO+0.0389%1h0.6919+0.138%$23.3M$5.1M3xas long as short
01 Exchange AEROUSD+0.0488%1h0.6920+0.147%$188$1013xas long as short
GMX AERO/USD [ETH-USDC]L +0.0506% / S −0.0237%1h0.6909−0.016%$90K100xas long as short
RISEx AERO/USDC+0.0540%1h0.6915+0.075%$231K$415K3xas long as short
Backpack AERO_USDC_PERP+0.1050%1h0.6918+0.124%$113K$292K15xas long as short
Lighter AERO+0.1328%1h0.6929+0.279%$1.3M$502K3xas long as short
Coinbase International AERO-PERP-INTX+1.0840%1h0.6937+0.395%$91K$36K25xas long as short