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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0222%/8h= +24.3% APRpaid last 24h +0.033%
Price spread now: Hyperliquid against OKX+0.089%7-day average +0.090% · you sell dearer than you buy
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+0.229%+$23 on $10k
Price spread, last 7 days−0.025%−$3 · spread now +0.089%, 7d avg +0.090%
Together, before fees+0.204%+ Points / potential airdropHyperliquid: Season 2 · farm board+$20 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.090%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX AERO-USDT-SWAP0.68520.0100pay 0.0050% / 4h1h 30m$2.3M$5.9M20x
ShortHyperliquid AERO0.68580.0322get 0.0040% / 1h30m 45s$22.6M$5.3M3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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

Funding earned
$46.68
Price spread: +0.089% → +0.090%
−$0.1
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$27.57
Costs to cover
0.190%
Break-even
2.9 days
Slippage unknown: OKX: live order book, 2 min ago; Hyperliquid: live order book, 2 min ago. 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 OKX live order book, 2 min ago1.46 bp16.1 bp −$1647.5 bp −$475doesn't fitdoesn't fit
Sell Hyperliquid live order book, 2 min ago1.24 bpdoesn't fitdoesn't fitdoesn'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
Coinbase International AERO-PERP-INTX−0.1896%1h0.7320+6.830%$94K$39K25xas long as short
Injective AERO/USDC PERP+0.0033%1h0.6902+0.730%$4$209K5.5xas long as short
Aster AEROUSDT+0.0100%4h0.6851−0.010%$42K$125K10xas long as short
Binance AEROUSDT+0.0100%4h0.6849−0.045%$25.8M$25.4M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6849−0.044%$22.3M$18.2M25xas long as short
OKX AERO-USDT-SWAPlong+0.0100%4h0.6852long leg$2.3M$5.9M20x
Gate AERO_USDT+0.0100%4h0.6846−0.088%$1.6M$475K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6850−0.029%$8.4M$1.4M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.68520.000%$2.0M$1.1M50xas long as short
Bitget AEROUSDT+0.0100%4h0.6846−0.088%$4.0M$1.9M75xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX AERO-USDT+0.0100%4h0.6851−0.015%$1.8Mas long as short
Variational Omni AERO+0.0100%4h0.6850−0.025%$2.0M$1.2Mas long as short
Extended AERO-USD+0.0104%1h0.6849−0.042%$202K$1.4M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6849−0.042%$46K3xas long as short
Reya AERORUSDPERP+0.0228%1h0.6850−0.023%$19K$4K15xas long as short
Hyperliquid AEROshort+0.0322%1h0.6858+0.089%$22.6M$5.3M3x
BloFin AERO-USDT+0.0340%4h0.6849−0.044%$936K$583K25xas long as short
01 Exchange AEROUSD+0.0392%1h0.6856+0.054%$186$1013xas long as short
Deribit AERO_USDC-PERPETUAL+0.0481%1h0.6849−0.044%$54K$11K10xas long as short
RISEx AERO/USDC+0.0491%1h0.6851−0.021%$197K$527K3xas long as short
GMX AERO/USD [ETH-USDC]L +0.0505% / S −0.0246%1h0.6848−0.054%$88K100xas long as short
Backpack AERO_USDC_PERP+0.0647%1h0.6856+0.060%$93K$260K15xas long as short
Lighter AERO+0.0896%1h0.6863+0.156%$1.3M$499K3xas long as short