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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0754%/8h= −82.6% APRpaid last 24h 0.000%
Price spread now: BloFin against Hyperliquid+0.052%67s7-day average −0.117% · 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 7 days−0.135%−$13 on $10k
Price spread, last 4 days (all we have)+0.012%+$1 · spread now +0.052%, 7d avg −0.117%
Together, before fees−0.123%+ Points / potential airdropHyperliquid: Season 2 · farm board−$12 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BloFin is 0.169% dearer against Hyperliquid than usual: you sell high and buy low (spread +0.052% now, against its 7-day average of −0.117%): +$17 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 18 hours. At the pace of the last 7 days (−0.135% in total) that is about 8.8 days. The two prices were read 67 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.135% in total (about -7.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid AERO0.69810.0554pay 0.0069% / 1h50m 03s$23.1M$5.9M3x
ShortBloFin AERO-USDT0.6985−0.0200pay 0.0100% / 4h50m 03s$974K$638K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$158.38
Price spread: +0.052% → −0.117%
$16.86
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$162.52
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 6 min ago; BloFin: live order book, 55 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 Hyperliquid live order book, 6 min ago0.36 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 55 min ago1.41 bp7.4 bp −$715.0 bp −$15095.9 bp −$9,594doesn't fit

AERO on 23 exchanges

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-INTX−0.1456%1h0.6993+0.166%$87K$40K25xas long as short
BloFin AERO-USDTshort−0.0200%4h0.6985+0.052%$974K$638K25x
Injective AERO/USDC PERP+0.0033%1h0.6902−1.137%$4$209K5.5xas long as short
Deribit AERO_USDC-PERPETUAL+0.0036%1h0.6983+0.023%$55K10xas long as short
Aster AEROUSDT+0.0100%4h0.6973−0.115%$42K$105K10xas long as short
Binance AEROUSDT+0.0100%4h0.6974−0.108%$26.5M$25.2M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6970−0.163%$22.9M$17.9M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6972−0.135%$2.4M$5.5M20xas long as short
Gate AERO_USDT+0.0100%4h0.6969−0.178%$1.6M$471K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6969−0.178%$8.5M$1.4M100xas long as short
Show all 23 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin AEROUSDTM+0.0100%4h0.6973−0.120%$1.9M$1.3M50xas long as short
Bitget AEROUSDT+0.0100%4h0.6968−0.192%$4.1M$2.0M75xas long as short
BingX AERO-USDT+0.0100%4h0.6972−0.135%$1.8Mas long as short
Variational Omni AERO+0.0100%4h0.6980−0.025%$1.9M$865Kas long as short
Extended AERO-USD+0.0104%1h0.6964−0.244%$221K$1.4M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6980−0.022%$47K3xas long as short
Reya AERORUSDPERP+0.0228%1h0.6991+0.140%$20K$4K15xas long as short
GMX AERO/USD [ETH-USDC]L +0.0514% / S −0.0235%1h0.6991+0.134%$92K100xas long as short
RISEx AERO/USDC+0.0517%1h0.6985+0.050%$215K$596K3xas long as short
01 Exchange AEROUSD+0.0552%1h0.6996+0.205%$190$1013xas long as short
Hyperliquid AEROlong+0.0554%1h0.6981long leg$23.1M$5.9M3x
Backpack AERO_USDC_PERP+0.0594%1h0.6976−0.074%$96K$245K15xas long as short
Lighter AERO+0.0808%1h0.6988+0.099%$1.3M$393K3xas long as short