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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against KuCoin−0.256%7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$138as in the Price arb table
costs, in and out, $10k−$1171.174% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.064%+$6 on $10k
Price spread, last 7 days+0.259%+$26 · spread now −0.256%, 7d avg −0.050%
Together, before fees+0.323%+$32 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: Bitget is 0.205% cheaper against KuCoin than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of −0.050%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin AEROUSDTM0.70410.0100pay 0.0050% / 4h3h 03m$2.2M$933K50x
ShortBitget AEROUSDT0.70230.0100get 0.0050% / 4h3h 03m$4.1M$2.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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
Price spread: −0.256% → −0.050%
−$20.54
Slippage, 4 orders
−$93.41
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$137.95
Costs to cover
1.174%
Break-even
never at this rate
Slippage from KuCoin: live order book, 3 min ago; Bitget: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 3 min ago7.81 bp45.9 bp −$46368.6 bp −$3,686doesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago4.27 bp16.1 bp −$1640.5 bp −$405doesn'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
Injective AERO/USDC PERP+0.0033%1h0.6902−1.974%$4$209K5.5xas long as short
Aster AEROUSDT+0.0100%4h0.7037−0.061%$43K$113K10xas long as short
Binance AEROUSDT+0.0100%4h0.7015−0.369%$26.7M$25.8M75xas long as short
Bybit AEROUSDT+0.0100%4h0.7013−0.398%$22.7M$20.1M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.7016−0.355%$2.3M$6.8M20xas long as short
Gate AERO_USDT+0.0100%4h0.7023−0.256%$1.6M$504K75xas long as short
MEXC AERO_USDT+0.0100%4h0.7021−0.284%$8.4M$1.7M100xas long as short
KuCoin AEROUSDTMlong+0.0100%4h0.7041long leg$2.2M$933K50x
Bitget AEROUSDTshort+0.0100%4h0.7023−0.256%$4.1M$2.0M75x
BingX AERO-USDT+0.0100%4h0.7017−0.341%$1.8Mas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni AERO+0.0100%4h0.7023−0.253%$2.0M$1.7Mas long as short
Extended AERO-USD+0.0104%1h0.7024−0.245%$223K$2.0M10xas long as short
Aevo AERO-PERP+0.0104%1h0.7036−0.066%$47K3xas long as short
Deribit AERO_USDC-PERPETUAL+0.0176%1h0.7040−0.014%$56K$11K10xas long as short
Reya AERORUSDPERP+0.0228%1h0.7039−0.035%$20K$4K15xas long as short
BloFin AERO-USDT+0.0340%4h0.7032−0.128%$954K$684K25xas long as short
01 Exchange AEROUSD+0.0488%1h0.7054+0.185%$191$1113xas long as short
GMX AERO/USD [ETH-USDC]L +0.0514% / S −0.0240%1h0.7036−0.075%$92K100xas long as short
RISEx AERO/USDC+0.0687%1h0.7043+0.032%$236K$398K3xas long as short
Hyperliquid AERO+0.0937%1h0.7049+0.116%$23.9M$4.8M3xas long as short
Backpack AERO_USDC_PERP+0.1412%1h0.7046+0.067%$136K$279K15xas long as short
Lighter AERO+0.1696%1h0.7050+0.128%$1.3M$484K3xas long as short
Coinbase International AERO-PERP-INTX+0.3896%1h0.7018−0.327%$92K$36K25xas long as short