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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.026%
Price spread now: Injective against KuCoin−2.183%85s7-day average +0.807% · 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−0.072%−$7 on $10k
Price spread, last 3 days (all we have)−1.942%−$194 · spread now −2.183%, 7d avg +0.807%
Together, before fees−2.014%−$201 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 2.989% cheaper against KuCoin than usual: you would sell low and buy high (−$299 if the spread goes back to its 7-day average of +0.807%). Swap the legs. The two prices were read 85 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin AEROUSDTM0.70560.0100pay 0.0050% / 4h41m 54s$2.2M$928K50x
ShortInjective AERO/USDC PERP0.69020.0033get 0.0004% / 1h41m 54s$4$209K5.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$14
Price spread: −2.183% → +0.807%
−$298.91
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$324.93
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 5 min ago; Injective: 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 KuCoin live order book, 5 min ago6.41 bp42.2 bp −$42343.3 bp −$3,433doesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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
Deribit AERO_USDC-PERPETUAL0.0000%1h0.7033−0.326%$56K$11K10xas long as short
Injective AERO/USDC PERPshort+0.0033%1h0.6902−2.183%$4$209K5.5x
Aster AEROUSDT+0.0100%4h0.7068+0.169%$40K$112K10xas long as short
Binance AEROUSDT+0.0100%4h0.7067+0.156%$26.5M$26.1M75xas long as short
Bybit AEROUSDT+0.0100%4h0.7064+0.113%$22.9M$21.5M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.7064+0.113%$2.3M$7.0M20xas long as short
Gate AERO_USDT+0.0100%4h0.7055−0.014%$1.6M$532K75xas long as short
MEXC AERO_USDT+0.0100%4h0.7063+0.099%$8.4M$1.7M100xas long as short
KuCoin AEROUSDTMlong+0.0100%4h0.7056long leg$2.2M$928K50x
Bitget AEROUSDT+0.0100%4h0.7057+0.014%$4.1M$2.2M75xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX AERO-USDT+0.0100%4h0.7060+0.057%$1.8Mas long as short
Variational Omni AERO+0.0100%4h0.7005−0.728%$2.0M$1.7Mas long as short
Extended AERO-USD+0.0104%1h0.7060+0.053%$218K$1.3M10xas long as short
Aevo AERO-PERP+0.0104%1h0.7032−0.343%$47K3xas long as short
Reya AERORUSDPERP+0.0228%1h0.7044−0.168%$20K$4K15xas long as short
BloFin AERO-USDT+0.0340%4h0.7044−0.170%$934K$724K25xas long as short
GMX AERO/USD [ETH-USDC]L +0.0513% / S −0.0250%1h0.7025−0.442%$91K100xas long as short
Coinbase International AERO-PERP-INTX+0.0520%1h0.7528+6.689%$100K$35K25xas long as short
RISEx AERO/USDC+0.0563%1h0.7048−0.109%$255K$386K3xas long as short
Hyperliquid AERO+0.0648%1h0.7070+0.194%$23.8M$5.4M3xas long as short
01 Exchange AEROUSD+0.0776%1h0.7053−0.044%$191$1113xas long as short
Backpack AERO_USDC_PERP+0.1121%1h0.7064+0.108%$104K$315K15xas long as short
Lighter AERO+0.1960%1h0.7061+0.067%$1.3M$459K3xas long as short