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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against KuCoin+0.197%7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$187as in the Funding arb table
Net, price: spread back to 7d avg − costs−$169as in the Price arb table
costs, in and out, $10k−$1901.899% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.033%+$3 on $10k
Price spread, last 7 days−0.148%−$15 · spread now +0.197%, 7d avg −0.013%
Together, before fees−0.115%−$12 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: OKX is 0.209% dearer against KuCoin than usual: you sell high and buy low, +$21 on $10k if it goes back to its 7-day average of −0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin AEROUSDTM0.71130.0100pay 0.0050% / 4h2h 57m$2.0M$1.2M50x
ShortOKX AERO-USDT-SWAP0.71270.0100get 0.0050% / 4h2h 57m$2.4M$5.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: +0.197% → −0.013%
$20.93
Slippage, 4 orders
−$167.9
Fee KuCoin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$168.97
Costs to cover
1.899%
Break-even
never at this rate
Slippage from KuCoin: live order book, 9 min ago; OKX: live order book, 5 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, 9 min ago4.91 bp54.5 bp −$54767.6 bp −$7,676doesn't fitdoesn't fit
Sell OKX live order book, 5 min ago2.11 bp16.6 bp −$1755.3 bp −$553doesn'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%1h0.6902−2.966%$4$209K5.5xas long as short
Aster AEROUSDT+0.0100%4h0.7123+0.147%$43K$120K10xas long as short
Binance AEROUSDT+0.0100%4h0.7122+0.127%$27.1M$26.0M75xas long as short
Bybit AEROUSDT+0.0100%4h0.7119+0.084%$23.6M$19.4M25xas long as short
OKX AERO-USDT-SWAPshort+0.0100%4h0.7127+0.197%$2.4M$5.8M20x
Gate AERO_USDT+0.0100%4h0.7118+0.070%$1.7M$470K75xas long as short
MEXC AERO_USDT+0.0100%4h0.7127+0.197%$8.7M$1.4M100xas long as short
KuCoin AEROUSDTMlong+0.0100%4h0.7113long leg$2.0M$1.2M50x
Bitget AEROUSDT+0.0100%4h0.7121+0.112%$4.2M$2.0M75xas long as short
BingX AERO-USDT+0.0100%4h0.7125+0.169%$1.8Mas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni AERO+0.0100%4h0.7089−0.335%$2.0M$1.1Mas long as short
Extended AERO-USD+0.0104%1h0.7123+0.141%$216K$1.4M10xas long as short
Aevo AERO-PERP+0.0104%1h0.7113−0.005%$48K3xas long as short
Reya AERORUSDPERP+0.0228%1h0.7117+0.055%$20K$4K15xas long as short
BloFin AERO-USDT+0.0340%4h0.7109−0.056%$980K$591K25xas long as short
GMX AERO/USD [ETH-USDC]L +0.0515% / S −0.0239%1h0.7098−0.206%$92K100xas long as short
Backpack AERO_USDC_PERP+0.0665%1h0.7127+0.191%$104K$249K15xas long as short
RISEx AERO/USDC+0.0706%1h0.7110−0.036%$234K$596K3xas long as short
Deribit AERO_USDC-PERPETUAL+0.0733%1h0.7126+0.183%$57K$68410xas long as short
01 Exchange AEROUSD+0.0952%1h0.7124+0.156%$193$1013xas long as short
Hyperliquid AERO+0.1431%1h0.7139+0.366%$23.5M$6.1M3xas long as short
Lighter AERO+0.1864%1h0.7142+0.403%$1.3M$396K3xas long as short
Coinbase International AERO-PERP-INTX+0.3888%1h0.6700−5.806%$85K$38K25xas long as short