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−0.0401%/8h= −43.9% APRpaid last 24h −0.122%
Price spread now: Bitget against GMX−0.079%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Bitget is 0.079% cheaper against GMX than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX AERO/USD [ETH-USDC]0.6872L +0.0501% / S −0.0223%pay 0.0063% / 1h7m 45s$92K100x
ShortBitget AEROUSDT0.68670.0100get 0.0050% / 4h2h 07m$4.1M$2.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against GMX. 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
−$84.28
Price spread: −0.079% → 0.000%
−$7.92
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$116.19
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Bitget: live order book, 10 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 GMX no order-book sample
Sell Bitget live order book, 10 min ago3.62 bp15.6 bp −$1648.1 bp −$481doesn't fitdoesn't fit
GMX: 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−0.0477%1h0.6871−0.021%$55K$11K10xas long as short
Injective AERO/USDC PERP+0.0052%1h0.6902+0.430%$4$209K5.5xas long as short
Hyperliquid AERO+0.0100%1h0.6875+0.039%$23.1M$5.7M3xas long as short
Aster AEROUSDT+0.0100%4h0.6876+0.059%$38K$109K10xas long as short
Binance AEROUSDT+0.0100%4h0.6870−0.036%$25.4M$25.7M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6870−0.036%$21.9M$20.5M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6874+0.023%$2.3M$6.8M20xas long as short
Gate AERO_USDT+0.0100%4h0.6873+0.008%$1.6M$563K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6872−0.006%$8.1M$1.6M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6870−0.036%$2.2M$839K50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AEROUSDTshort+0.0100%4h0.6867−0.079%$4.1M$2.2M75x
BingX AERO-USDT+0.0100%4h0.6871−0.021%$1.8Mas long as short
Variational Omni AERO+0.0100%4h0.6875+0.042%$1.9M$1.7Mas long as short
Extended AERO-USD+0.0104%1h0.6869−0.053%$201K$1.3M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6873+0.001%$46K3xas long as short
Reya AERORUSDPERP+0.0228%1h0.6871−0.021%$19K$4K15xas long as short
01 Exchange AEROUSD+0.0288%1h0.6876+0.056%$186$1153xas long as short
BloFin AERO-USDT+0.0340%4h0.6873+0.008%$915K$692K25xas long as short
Backpack AERO_USDC_PERP+0.0437%1h0.6879+0.097%$102K$313K15xas long as short
GMX AERO/USD [ETH-USDC]longL +0.0501% / S −0.0223%1h0.6872long leg$92K100x
RISEx AERO/USDC+0.0530%1h0.6875+0.043%$215K$381K3xas long as short
Lighter AERO+0.0896%1h0.6889+0.247%$1.3M$495K3xas long as short
Coinbase International AERO-PERP-INTX+0.1488%1h0.6979+1.551%$93K$33K25xas long as short