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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0771%/8h= +84.4% APRpaid last 24h +0.035%
Price spread now: Hyperliquid against KuCoin+0.126%7-day average +0.077% · 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+0.265%+$27 on $10k
Price spread, last 7 days+0.002%$0 · spread now +0.126%, 7d avg +0.077%
Together, before fees+0.267%+ Points / potential airdropHyperliquid: Season 2 · farm board+$27 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and Hyperliquid is 0.049% dearer against KuCoin than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.077%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.265% in total (about 13.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin AEROUSDTM0.69020.0100pay 0.0050% / 4h3h 26m$2.0M$1.1M50x
ShortHyperliquid AERO0.69110.0871get 0.0109% / 1h26m 35s$22.8M$5.4M3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
$161.91
Price spread: +0.126% → +0.077%
$4.87
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$145.78
Costs to cover
0.210%
Break-even
0.7 days
Slippage unknown: KuCoin: live order book, 10 min ago; Hyperliquid: live order book, 6 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 KuCoin live order book, 10 min ago3.60 bp41.2 bp −$41348.4 bp −$3,484doesn't fitdoesn't fit
Sell Hyperliquid live order book, 6 min ago1.30 bpdoesn't fitdoesn't fitdoesn'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
Coinbase International AERO-PERP-INTX−0.0280%1h0.6914+0.174%$88K$39K25xas long as short
Injective AERO/USDC PERP+0.0033%1h0.69020.000%$4$209K5.5xas long as short
Aster AEROUSDT+0.0100%4h0.6909+0.098%$42K$127K10xas long as short
Binance AEROUSDT+0.0100%4h0.6905+0.037%$26.0M$24.9M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6896−0.087%$22.6M$17.9M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6899−0.043%$2.3M$5.7M20xas long as short
Gate AERO_USDT+0.0100%4h0.6898−0.058%$1.6M$468K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6895−0.101%$8.5M$1.4M100xas long as short
KuCoin AEROUSDTMlong+0.0100%4h0.6902long leg$2.0M$1.1M50x
Bitget AEROUSDT+0.0100%4h0.6895−0.101%$4.1M$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 AEROshort+0.0871%1h0.6911+0.126%$22.8M$5.4M3x
Lighter AERO+0.1456%1h0.6915+0.187%$1.3M$386K3xas long as short