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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h −0.023%
Price spread now: Extended against Hyperliquid−0.072%7-day average −0.145% · 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 7 days−0.226%−$23 on $10k
Price spread, last 4 days (all we have)−0.106%−$11 · spread now −0.072%, 7d avg −0.145%
Together, before fees−0.332%+ Points / potential airdropHyperliquid: Season 2 · Extended: Active · farm board−$33 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.073% dearer against Hyperliquid than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.145%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid AERO0.68770.0100pay 0.0013% / 1h30m 09s$23.1M$5.7M3x
ShortExtended AERO-USD0.68720.0104get 0.0013% / 1h30m 09s$201K$1.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: −0.072% → −0.145%
$7.32
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$5.84
Costs to cover
0.140%
Break-even
55.6 days
Slippage unknown: Hyperliquid: live order book, 3 min ago; Extended: live order book, 3 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, 3 min ago0.80 bp10.1 bp −$10doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 3 min ago3.05 bp17.4 bp −$17107.7 bp −$1,077doesn't fitdoesn't fit

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−0.0041%1h0.6872−0.073%$55K$11K10xas long as short
Hyperliquid AEROlong+0.0100%1h0.6877long leg$23.1M$5.7M3x
Aster AEROUSDT+0.0100%4h0.6872−0.070%$39K$110K10xas long as short
Binance AEROUSDT+0.0100%4h0.6872−0.073%$25.4M$25.6M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6871−0.087%$21.9M$20.7M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6876−0.015%$2.3M$6.9M20xas long as short
Gate AERO_USDT+0.0100%4h0.6870−0.102%$1.6M$532K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6871−0.087%$8.1M$1.7M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6871−0.087%$2.1M$906K50xas long as short
Bitget AEROUSDT+0.0100%4h0.6873−0.058%$4.1M$2.2M75xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX AERO-USDT+0.0100%4h0.6871−0.087%$1.8Mas long as short
Variational Omni AERO+0.0100%4h0.6869−0.114%$1.9M$1.6Mas long as short
Extended AERO-USDshort+0.0104%1h0.6872−0.072%$201K$1.3M10x
Aevo AERO-PERP+0.0104%1h0.6873−0.065%$46K3xas long as short
Injective AERO/USDC PERP+0.0175%1h0.6902+0.364%$4$209K5.5xas long as short
01 Exchange AEROUSD+0.0224%1h0.6874−0.047%$186$1153xas long as short
Reya AERORUSDPERP+0.0228%1h0.6870−0.096%$19K$4K15xas long as short
BloFin AERO-USDT+0.0340%4h0.6872−0.073%$911K$700K25xas long as short
Backpack AERO_USDC_PERP+0.0455%1h0.6880+0.049%$102K$314K15xas long as short
GMX AERO/USD [ETH-USDC]L +0.0502% / S −0.0223%1h0.6873−0.058%$92K100xas long as short
RISEx AERO/USDC+0.0676%1h0.6874−0.046%$213K$371K3xas long as short
Coinbase International AERO-PERP-INTX+0.0736%1h0.6885+0.116%$91K$32K25xas long as short
Lighter AERO+0.0928%1h0.6890+0.192%$1.3M$464K3xas long as short