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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.2402%/8h= −263.0% APRnext payment $3.00 per $10,000 · paid last 24h +0.609%
Price spread now: Coinbase International against GMX+0.243%7-day average · you sell dearer than you buy
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
The price spread pays, funding is against you. Coinbase International is 0.243% dearer against GMX than usual: you sell high and buy low (spread +0.243% now, against zero (this spread has no 7-day history yet)): +$24 on $10k if it goes back. Holding the pair costs −$72 a day in funding at the current rate, which eats that in about 8 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX AERO/USD [ETH-USDC]0.6858L +0.0506% / S −0.0246%pay 0.0063% / 1h46m 47s$88K100x
ShortCoinbase International AERO-PERP-INTX0.6875−0.1896pay 0.0237% / 1h46m 47s$89K$37K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
−$504.45
Price spread: +0.243% → 0.000%
$24.28
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$502.17
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: GMX: no order-book sample; Coinbase International: no order-book sample. 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 Coinbase International no order-book sample
GMX and Coinbase International: 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
Coinbase International AERO-PERP-INTXshort−0.1896%1h0.6875+0.243%$89K$37K25x
Injective AERO/USDC PERP+0.0033%1h0.6902+0.636%$4$209K5.5xas long as short
Aster AEROUSDT+0.0100%4h0.6867+0.126%$42K$125K10xas long as short
Binance AEROUSDT+0.0100%4h0.6864+0.084%$25.9M$25.3M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6864+0.082%$22.4M$18.2M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6863+0.068%$2.3M$5.9M20xas long as short
Gate AERO_USDT+0.0100%4h0.6866+0.112%$1.6M$471K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6863+0.068%$8.4M$1.4M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6869+0.155%$2.0M$1.1M50xas long as short
Bitget AEROUSDT+0.0100%4h0.6860+0.024%$4.0M$1.8M75xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX AERO-USDT+0.0100%4h0.6863+0.068%$1.8Mas long as short
Variational Omni AERO+0.0100%4h0.6865+0.102%$2.0M$1.2Mas long as short
Extended AERO-USD+0.0104%1h0.6859+0.011%$203K$1.4M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6867+0.121%$46K3xas long as short
Reya AERORUSDPERP+0.0228%1h0.6862+0.056%$19K$4K15xas long as short
Hyperliquid AERO+0.0326%1h0.6869+0.152%$22.7M$5.3M3xas long as short
BloFin AERO-USDT+0.0340%4h0.6867+0.126%$939K$595K25xas long as short
01 Exchange AEROUSD+0.0448%1h0.6872+0.199%$186$1013xas long as short
RISEx AERO/USDC+0.0491%1h0.6867+0.129%$197K$521K3xas long as short
GMX AERO/USD [ETH-USDC]longL +0.0506% / S −0.0246%1h0.6858long leg$88K100x
Backpack AERO_USDC_PERP+0.0719%1h0.6867+0.125%$94K$260K15xas long as short
Lighter AERO+0.1040%1h0.6878+0.292%$1.3M$499K3xas long as short
Deribit AERO_USDC-PERPETUAL+0.1063%1h0.6864+0.082%$54K$11K10xas long as short