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+0.0221%/8h= +24.2% APRnext payment +$0.28 per $10,000 · paid last 24h +0.065%
Price spread now: GMX against Injective−0.388%57s7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. GMX is 0.388% cheaper against Injective than usual: you would sell low and buy high (spread −0.388% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$39 on $10k: about 5.8 days of funding at the current rate (+$7 a day). The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective AERO/USDC PERP0.69020.0033pay 0.0004% / 1h8m 04s$4$209K5.5x
ShortGMX AERO/USD [ETH-USDC]0.6875L +0.0518% / S −0.0255%get 0.0032% / 1h8m 04s$90K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$46.46
Price spread: −0.388% → 0.000%
−$38.79
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee GMX: 6 bp × 2 orders
−$12
Net
−$4.35
Costs to cover
0.120%
Break-even
7.7 days
Slippage unknown: Injective: no order-book sample; GMX: 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 GMX no order-book sample
Injective and GMX: 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-INTX−0.0360%1h0.6889−0.188%$88K$38K25xas long as short
Injective AERO/USDC PERPlong+0.0033%1h0.6902long leg$4$209K5.5x
Aster AEROUSDT+0.0100%4h0.6880−0.323%$42K$127K10xas long as short
Binance AEROUSDT+0.0100%4h0.6877−0.362%$25.9M$25.1M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6876−0.377%$22.4M$18.0M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6883−0.275%$2.3M$5.9M20xas long as short
Gate AERO_USDT+0.0100%4h0.6876−0.377%$1.6M$481K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6878−0.348%$8.4M$1.4M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6878−0.348%$2.0M$1.1M50xas long as short
Bitget AEROUSDT+0.0100%4h0.6875−0.391%$4.0M$1.9M75xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX AERO-USDT+0.0100%4h0.6878−0.348%$1.8Mas long as short
Variational Omni AERO+0.0100%4h0.6877−0.367%$2.0M$1.2Mas long as short
Extended AERO-USD+0.0104%1h0.6875−0.385%$204K$1.4M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6878−0.340%$46K3xas long as short
Deribit AERO_USDC-PERPETUAL+0.0186%1h0.6878−0.348%$55K$11K10xas long as short
Hyperliquid AERO+0.0221%1h0.6886−0.227%$22.7M$5.3M3xas long as short
Reya AERORUSDPERP+0.0228%1h0.6877−0.363%$19K$4K15xas long as short
BloFin AERO-USDT+0.0340%4h0.6880−0.319%$939K$575K25xas long as short
RISEx AERO/USDC+0.0416%1h0.6881−0.300%$206K$541K3xas long as short
01 Exchange AEROUSD+0.0464%1h0.6886−0.232%$187$1013xas long as short
GMX AERO/USD [ETH-USDC]shortL +0.0518% / S −0.0255%1h0.6875−0.388%$90K100x
Backpack AERO_USDC_PERP+0.0648%1h0.6883−0.277%$92K$261K15xas long as short
Lighter AERO+0.0848%1h0.6891−0.158%$1.3M$395K3xas long as short