Funding arb · Price arb /

AERO

all AERO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against KuCoin−0.146%7-day average −0.023% · you buy dearer than you sell

Net, funding: paid 7d − costs−$101as in the Funding arb table

Net, price: spread back to 7d avg − costs−$117as in the Price arb table

costs, in and out, $10k−$1051.049% of the position

Long on KuCoin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.035%+$4 on $10k

Price spread, last 7 days+0.100%+$10 · spread now −0.146%, 7d avg −0.023%

Together, before fees+0.136%+$14 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: MEXC is 0.123% cheaper against KuCoin than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.023%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin AEROUSDTM	0.6866	0.0100	pay 0.0050% / 4h	1h 40m	$2.0M	$1.1M	50x
Short	MEXC AERO_USDT	0.6856	0.0100	get 0.0050% / 4h	1h 40m	$8.4M	$1.4M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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

Position, each leg$Hold fordaysFee KuCoinbpFee MEXCbpOrdersPrice spread, now −0.146%Rate

Funding earned: $0
Price spread: −0.146% → −0.023%: −$12.29
Slippage, 4 orders: −$84.95
Fee KuCoin: 6 bp × 2 orders: −$12
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$117.24
Costs to cover: 1.049%
Break-even: never at this rate

Slippage from KuCoin: live order book, 6 min ago; MEXC: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 6 min ago	3.64 bp	32.7 bp −$33	353.5 bp −$3,535	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	0.73 bp	9.7 bp −$10	20.0 bp −$200	107.7 bp −$10.8K	doesn't fit

AERO on 23 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International AERO-PERP-INTX	−0.1896%	1h	0.6871	+0.073%	$89K	$37K	25x	as long as short
Injective AERO/USDC PERP	+0.0033%	1h	0.6902	+0.524%	$4	$209K	5.5x	as long as short
Aster AEROUSDT	+0.0100%	4h	0.6861	−0.077%	$42K	$125K	10x	as long as short
Binance AEROUSDT	+0.0100%	4h	0.6855	−0.166%	$25.9M	$25.3M	75x	as long as short
Bybit AEROUSDT	+0.0100%	4h	0.6849	−0.248%	$22.4M	$18.2M	25x	as long as short
OKX AERO-USDT-SWAP	+0.0100%	4h	0.6856	−0.146%	$2.3M	$5.9M	20x	as long as short
Gate AERO_USDT	+0.0100%	4h	0.6856	−0.146%	$1.6M	$472K	75x	as long as short
MEXC AERO_USDTshort	+0.0100%	4h	0.6856	−0.146%	$8.4M	$1.4M	100x
KuCoin AEROUSDTMlong	+0.0100%	4h	0.6866	long leg	$2.0M	$1.1M	50x
Bitget AEROUSDT	+0.0100%	4h	0.6857	−0.131%	$4.0M	$1.8M	75x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX AERO-USDT	+0.0100%	4h	0.6859	−0.102%	—	$1.8M	—	as long as short
Variational Omni AERO	+0.0100%	4h	0.6858	−0.112%	$2.0M	$1.2M	—	as long as short
Extended AERO-USD	+0.0104%	1h	0.6853	−0.186%	$203K	$1.4M	10x	as long as short
Aevo AERO-PERP	+0.0104%	1h	0.6849	−0.246%	$46K	—	3x	as long as short
Reya AERORUSDPERP	+0.0228%	1h	0.6852	−0.205%	$19K	$4K	15x	as long as short
Hyperliquid AERO	+0.0323%	1h	0.6863	−0.046%	$22.6M	$5.3M	3x	as long as short
BloFin AERO-USDT	+0.0340%	4h	0.6859	−0.102%	$937K	$596K	25x	as long as short
01 Exchange AEROUSD	+0.0440%	1h	0.6859	−0.105%	$186	$101	3x	as long as short
RISEx AERO/USDC	+0.0491%	1h	0.6854	−0.171%	$198K	$522K	3x	as long as short
GMX AERO/USD [ETH-USDC]	L +0.0506% / S −0.0246%	1h	0.6850	−0.236%	$88K	—	100x	as long as short
Deribit AERO_USDC-PERPETUAL	+0.0626%	1h	0.6858	−0.117%	$54K	$11K	10x	as long as short
Backpack AERO_USDC_PERP	+0.0698%	1h	0.6863	−0.041%	$94K	$260K	15x	as long as short
Lighter AERO	+0.0920%	1h	0.6871	+0.079%	$1.3M	$499K	3x	as long as short