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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0313%/8h= −34.3% APRnext payment $0.39 per $10,000 · paid last 24h +0.739%
Price spread now: Coinbase International against Injective+0.174%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 7 days+4.461%+$446 on $10k
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 0.174% dearer against Injective than usual: you sell high and buy low (spread +0.174% now, against zero (this spread has no 7-day history yet)): +$17 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 44 hours. Mind the row above: over the last 7 days funding on this pair paid +4.461%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective AERO/USDC PERP0.69020.0033pay 0.0004% / 1h26m 29s$4$209K5.5x
ShortCoinbase International AERO-PERP-INTX0.6914−0.0280pay 0.0035% / 1h26m 29s$88K$39K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Injective. 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
−$65.8
Price spread: +0.174% → 0.000%
$17.39
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$58.43
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Injective: 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 Injective no order-book sample
Sell Coinbase International no order-book sample
Injective 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−0.0280%1h0.6914+0.174%$88K$39K25x
Injective AERO/USDC PERPlong+0.0033%1h0.6902long leg$4$209K5.5x
Aster AEROUSDT+0.0100%4h0.6897−0.070%$42K$127K10xas long as short
Binance AEROUSDT+0.0100%4h0.6892−0.145%$25.9M$24.9M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6894−0.116%$22.6M$17.9M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6898−0.058%$2.3M$5.7M20xas long as short
Gate AERO_USDT+0.0100%4h0.6895−0.101%$1.6M$468K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6893−0.130%$8.5M$1.4M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6898−0.058%$2.0M$1.1M50xas long as short
Bitget AEROUSDT+0.0100%4h0.6894−0.116%$4.0M$1.9M75xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX AERO-USDT+0.0100%4h0.6896−0.087%$1.8Mas long as short
Variational Omni AERO+0.0100%4h0.6899−0.045%$2.0M$1.2Mas long as short
Extended AERO-USD+0.0104%1h0.6892−0.152%$209K$1.4M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6905+0.046%$46K3xas long as short
Deribit AERO_USDC-PERPETUAL+0.0185%1h0.6907+0.072%$55K$11K10xas long as short
Reya AERORUSDPERP+0.0228%1h0.6902−0.002%$19K$4K15xas long as short
BloFin AERO-USDT+0.0340%4h0.6899−0.043%$949K$558K25xas long as short
RISEx AERO/USDC+0.0503%1h0.6893−0.125%$199K$570K3xas long as short
GMX AERO/USD [ETH-USDC]L +0.0519% / S −0.0255%1h0.6906+0.058%$90K100xas long as short
01 Exchange AEROUSD+0.0712%1h0.6899−0.038%$187$1013xas long as short
Backpack AERO_USDC_PERP+0.0760%1h0.6910+0.120%$96K$262K15xas long as short
Hyperliquid AERO+0.0869%1h0.6903+0.009%$22.7M$5.4M3xas long as short
Lighter AERO+0.1456%1h0.6915+0.187%$1.3M$386K3xas long as short