Funding arb · Price arb /

AERO

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0417%/8h= +45.7% APRpaid last 24h +0.103%

Price spread now: RISEx against MEXC+0.064%7-day average +0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$22as in the Price arb table

costs, in and out, $10k−$270.274% of the position

Long on MEXC Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.515%+$51 on $10k

Price spread, last 4 days (all we have)+0.009%+$1 · spread now +0.064%, 7d avg +0.007%

Together, before fees+0.524%+$52 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and RISEx is 0.057% dearer against MEXC than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.007%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC AERO_USDT	0.6893	0.0100	pay 0.0050% / 4h	4m 38s	$8.6M	$1.5M	100x
Short	RISEx AERO/USDC	0.6897	0.0517	get 0.0065% / 1h	4m 38s	$210K	$592K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against MEXC. 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 MEXCbpFee RISExbpOrdersPrice spread, now +0.064%Rate

Funding earned: $87.66
Price spread: +0.064% → +0.007%: $5.72
Slippage, 4 orders: −$13.41
Fee MEXC: 4 bp × 2 orders: −$8
Fee RISEx: 3 bp × 2 orders: −$6
Net: $65.97
Costs to cover: 0.274%
Break-even: 1.7 days

Slippage from MEXC: live order book, 1 min ago; RISEx: live order book, 37 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 MEXC live order book, 1 min ago	0.72 bp	8.5 bp −$9	13.5 bp −$135	87.8 bp −$8,779	doesn't fit
Sell RISEx live order book, 37 min ago	1.15 bp	5.2 bp −$5	doesn't fit	doesn't fit	doesn't fit

AERO on 23 exchanges

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	−0.1456%	1h	0.6914	+0.305%	$85K	$41K	25x	as long as short
BloFin AERO-USDT	−0.0200%	4h	0.6903	+0.145%	$965K	$605K	25x	as long as short
Deribit AERO_USDC-PERPETUAL	0.0000%	1h	0.6900	+0.102%	$55K	—	10x	as long as short
Injective AERO/USDC PERP	+0.0033%	1h	0.6902	+0.131%	$4	$209K	5.5x	as long as short
Aster AEROUSDT	+0.0100%	4h	0.6900	+0.102%	$42K	$104K	10x	as long as short
Binance AEROUSDT	+0.0100%	4h	0.6899	+0.087%	$26.1M	$24.5M	75x	as long as short
Bybit AEROUSDT	+0.0100%	4h	0.6892	−0.015%	$23.2M	$17.8M	25x	as long as short
OKX AERO-USDT-SWAP	+0.0100%	4h	0.6897	+0.058%	$2.3M	$5.4M	20x	as long as short
Gate AERO_USDT	+0.0100%	4h	0.6889	−0.058%	$1.6M	$488K	75x	as long as short
MEXC AERO_USDTlong	+0.0100%	4h	0.6893	long leg	$8.6M	$1.5M	100x

Show all 23 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin AEROUSDTM	+0.0100%	4h	0.6893	0.000%	$1.8M	$1.2M	50x	as long as short
Bitget AEROUSDT	+0.0100%	4h	0.6892	−0.015%	$4.1M	$1.9M	75x	as long as short
BingX AERO-USDT	+0.0100%	4h	0.6895	+0.029%	—	$1.8M	—	as long as short
Variational Omni AERO	+0.0100%	4h	0.6906	+0.182%	$1.9M	$867K	—	as long as short
Extended AERO-USD	+0.0104%	1h	0.6895	+0.028%	$217K	$1.6M	10x	as long as short
Aevo AERO-PERP	+0.0104%	1h	0.6898	+0.067%	$46K	—	3x	as long as short
Reya AERORUSDPERP	+0.0228%	1h	0.6899	+0.091%	$19K	$4K	15x	as long as short
Backpack AERO_USDC_PERP	+0.0477%	1h	0.6902	+0.128%	$95K	$245K	15x	as long as short
RISEx AERO/USDCshort	+0.0517%	1h	0.6897	+0.064%	$210K	$592K	3x
01 Exchange AEROUSD	+0.0528%	1h	0.6905	+0.171%	$187	$42	3x	as long as short
GMX AERO/USD [ETH-USDC]	L +0.0529% / S −0.0264%	1h	0.6900	+0.098%	$92K	—	100x	as long as short
Hyperliquid AERO	+0.0683%	1h	0.6908	+0.215%	$22.9M	$5.4M	3x	as long as short
Lighter AERO	+0.0912%	1h	0.6909	+0.238%	$1.3M	$402K	3x	as long as short