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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0794%/8h= −87.0% APRnext payment $0.99 per $10,000 · paid last 24h −0.028%
Price spread now: Aevo against Hyperliquid−0.527%54s7-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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and Aevo is 0.527% cheaper against Hyperliquid than usual: you would sell low and buy high (−$53 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid AERO0.70520.0898pay 0.0112% / 1h10m 34s$23.8M$5.0M3x
ShortAevo AERO-PERP0.70150.0104get 0.0013% / 1h10m 34s$47K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Hyperliquid. 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
−$166.82
Price spread: −0.527% → 0.000%
−$52.74
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$244.56
Costs to cover
0.250%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 2 min ago; Aevo: 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 Hyperliquid live order book, 2 min ago1.35 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Aevo no order-book sample
Aevo: 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
Injective AERO/USDC PERP+0.0033%1h0.6902−2.124%$4$209K5.5xas long as short
Deribit AERO_USDC-PERPETUAL+0.0035%1h0.7017−0.493%$56K$11K10xas long as short
Aster AEROUSDT+0.0100%4h0.7031−0.295%$42K$113K10xas long as short
Binance AEROUSDT+0.0100%4h0.7042−0.139%$26.8M$25.9M75xas long as short
Bybit AEROUSDT+0.0100%4h0.7033−0.267%$22.8M$20.2M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.7040−0.167%$2.4M$6.8M20xas long as short
Gate AERO_USDT+0.0100%4h0.7034−0.252%$1.6M$502K75xas long as short
MEXC AERO_USDT+0.0100%4h0.7040−0.167%$8.4M$1.7M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.7031−0.295%$2.2M$934K50xas long as short
Bitget AEROUSDT+0.0100%4h0.7033−0.267%$4.2M$2.1M75xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX AERO-USDT+0.0100%4h0.7038−0.196%$1.8Mas long as short
Variational Omni AERO+0.0100%4h0.7016−0.503%$2.0M$1.7Mas long as short
Extended AERO-USD+0.0104%1h0.7030−0.303%$218K$2.0M10xas long as short
Aevo AERO-PERPshort+0.0104%1h0.7015−0.527%$47K3x
Reya AERORUSDPERP+0.0228%1h0.7038−0.190%$20K$4K15xas long as short
BloFin AERO-USDT+0.0340%4h0.7007−0.635%$949K$701K25xas long as short
01 Exchange AEROUSD+0.0464%1h0.7050−0.026%$191$1113xas long as short
GMX AERO/USD [ETH-USDC]L +0.0513% / S −0.0240%1h0.7015−0.528%$92K100xas long as short
RISEx AERO/USDC+0.0687%1h0.7037−0.211%$234K$400K3xas long as short
Hyperliquid AEROlong+0.0898%1h0.7052long leg$23.8M$5.0M3x
Backpack AERO_USDC_PERP+0.1411%1h0.7030−0.305%$135K$293K15xas long as short
Lighter AERO+0.1656%1h0.7051−0.013%$1.3M$464K3xas long as short
Coinbase International AERO-PERP-INTX+0.3896%1h0.7002−0.706%$92K$36K25xas long as short