AERO

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0701%/8h= −76.7% APRnext payment −$0.88 per $10,000 · paid last 24h −0.078%

Price spread now: Deribit against Hyperliquid+0.028%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Hyperliquid Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

The price spread pays, funding is against you. Deribit is 0.028% dearer against Hyperliquid than usual: you sell high and buy low (spread +0.028% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 3 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid AERO	0.7117	0.1013	pay 0.0127% / 1h	20m 47s	$23.4M	$6.0M	3x
Short	Deribit AERO_USDC-PERPETUAL	0.7119	0.0312	get 0.0039% / 1h	20m 47s	$57K	$684	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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

Position, each leg$Hold fordaysFee HyperliquidbpFee DeribitbpOrdersPrice spread, now +0.028%Rate

Funding earned: −$147.11
Price spread: +0.028% → 0.000%: $2.81
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$160.3
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Hyperliquid: live order book, 5 min ago; Deribit: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Hyperliquid live order book, 5 min ago	1.13 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective AERO/USDC PERP	+0.0033%	1h	0.6902	−3.021%	$4	$209K	5.5x	as long as short
Aster AEROUSDT	+0.0100%	4h	0.7115	−0.033%	$43K	$110K	10x	as long as short
Binance AEROUSDT	+0.0100%	4h	0.7115	−0.028%	$27.1M	$26.0M	75x	as long as short
Bybit AEROUSDT	+0.0100%	4h	0.7116	−0.014%	$23.7M	$18.6M	25x	as long as short
OKX AERO-USDT-SWAP	+0.0100%	4h	0.7116	−0.014%	$2.4M	$5.7M	20x	as long as short
Gate AERO_USDT	+0.0100%	4h	0.7113	−0.056%	$1.7M	$484K	75x	as long as short
MEXC AERO_USDT	+0.0100%	4h	0.7113	−0.056%	$8.6M	$1.4M	100x	as long as short
KuCoin AEROUSDTM	+0.0100%	4h	0.7119	+0.028%	$2.2M	$1.2M	50x	as long as short
Bitget AEROUSDT	+0.0100%	4h	0.7109	−0.112%	$4.2M	$2.0M	75x	as long as short
BingX AERO-USDT	+0.0100%	4h	0.7116	−0.014%	—	$1.8M	—	as long as short

Show all 23 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni AERO	+0.0100%	4h	0.7117	+0.001%	$2.0M	$940K	—	as long as short
Extended AERO-USD	+0.0104%	1h	0.7113	−0.055%	$216K	$1.4M	10x	as long as short
Aevo AERO-PERP	+0.0104%	1h	0.7114	−0.042%	$48K	—	3x	as long as short
Reya AERORUSDPERP	+0.0228%	1h	0.7124	+0.095%	$20K	$4K	15x	as long as short
Deribit AERO_USDC-PERPETUALshort	+0.0312%	1h	0.7119	+0.028%	$57K	$684	10x
BloFin AERO-USDT	+0.0340%	4h	0.7123	+0.084%	$990K	$597K	25x	as long as short
GMX AERO/USD [ETH-USDC]	L +0.0517% / S −0.0233%	1h	0.7114	−0.043%	$94K	—	100x	as long as short
Backpack AERO_USDC_PERP	+0.0613%	1h	0.7116	−0.013%	$103K	$240K	15x	as long as short
RISEx AERO/USDC	+0.0706%	1h	0.7122	+0.067%	$216K	$586K	3x	as long as short
01 Exchange AEROUSD	+0.0712%	1h	0.7115	−0.032%	$193	$101	3x	as long as short
Hyperliquid AEROlong	+0.1013%	1h	0.7117	long leg	$23.4M	$6.0M	3x
Lighter AERO	+0.1400%	1h	0.7128	+0.157%	$1.3M	$397K	3x	as long as short
Coinbase International AERO-PERP-INTX	+0.3888%	1h	0.7099	−0.253%	$89K	$40K	25x	as long as short