Funding arb · Price arb /

AERO

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.3796%/8h= +415.7% APRpaid last 24h +0.512%

Price spread now: Coinbase International against OKX+0.085%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on OKX Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+4.338%+$434 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$114 a day on $10k at the current rate, and Coinbase International is 0.085% dearer against OKX than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX AERO-USDT-SWAP	0.7041	0.0100	pay 0.0050% / 4h	3h 05m	$2.4M	$6.8M	20x
Short	Coinbase International AERO-PERP-INTX	0.7047	0.3896	get 0.0487% / 1h	5m 18s	$93K	$36K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against OKX. 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 OKXbpFee Coinbase InternationalbpOrdersPrice spread, now +0.085%Rate

Funding earned: $797.16
Price spread: +0.085% → 0.000%: $8.52
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $785.68
Costs to cover: 0.200%
Break-even: 0.1 days

Slippage unknown: OKX: live order book, 3 min ago; Coinbase International: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy OKX live order book, 3 min ago	1.42 bp	17.3 bp −$17	40.5 bp −$405	doesn't fit	doesn't fit
Sell Coinbase International no order-book sample	—	—	—	—	—

Coinbase International: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective AERO/USDC PERP	+0.0033%	1h	0.6902	−1.974%	$4	$209K	5.5x	as long as short
Aster AEROUSDT	+0.0100%	4h	0.7034	−0.103%	$43K	$113K	10x	as long as short
Binance AEROUSDT	+0.0100%	4h	0.7041	0.000%	$26.8M	$25.8M	75x	as long as short
Bybit AEROUSDT	+0.0100%	4h	0.7033	−0.114%	$22.8M	$20.1M	25x	as long as short
OKX AERO-USDT-SWAPlong	+0.0100%	4h	0.7041	long leg	$2.4M	$6.8M	20x
Gate AERO_USDT	+0.0100%	4h	0.7035	−0.085%	$1.6M	$504K	75x	as long as short
MEXC AERO_USDT	+0.0100%	4h	0.7041	0.000%	$8.4M	$1.7M	100x	as long as short
KuCoin AEROUSDTM	+0.0100%	4h	0.7036	−0.071%	$2.2M	$933K	50x	as long as short
Bitget AEROUSDT	+0.0100%	4h	0.7037	−0.057%	$4.2M	$2.0M	75x	as long as short
BingX AERO-USDT	+0.0100%	4h	0.7037	−0.057%	—	$1.8M	—	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni AERO	+0.0100%	4h	0.7023	−0.253%	$2.0M	$1.7M	—	as long as short
Extended AERO-USD	+0.0104%	1h	0.7038	−0.046%	$222K	$2.0M	10x	as long as short
Aevo AERO-PERP	+0.0104%	1h	0.7033	−0.116%	$47K	—	3x	as long as short
Reya AERORUSDPERP	+0.0228%	1h	0.7037	−0.051%	$20K	$4K	15x	as long as short
Deribit AERO_USDC-PERPETUAL	+0.0319%	1h	0.7040	−0.014%	$56K	$11K	10x	as long as short
BloFin AERO-USDT	+0.0340%	4h	0.7032	−0.128%	$952K	$694K	25x	as long as short
01 Exchange AEROUSD	+0.0480%	1h	0.7046	+0.077%	$191	$111	3x	as long as short
GMX AERO/USD [ETH-USDC]	L +0.0514% / S −0.0240%	1h	0.7034	−0.100%	$92K	—	100x	as long as short
RISEx AERO/USDC	+0.0687%	1h	0.7038	−0.040%	$235K	$400K	3x	as long as short
Hyperliquid AERO	+0.0932%	1h	0.7053	+0.166%	$23.9M	$4.8M	3x	as long as short
Backpack AERO_USDC_PERP	+0.1413%	1h	0.7046	+0.065%	$136K	$286K	15x	as long as short
Lighter AERO	+0.1688%	1h	0.7051	+0.148%	$1.3M	$476K	3x	as long as short
Coinbase International AERO-PERP-INTXshort	+0.3896%	1h	0.7047	+0.085%	$93K	$36K	25x