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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0026%/8h= +2.9% APRnext payment +$0.03 per $10,000 · paid last 24h −0.002%
Price spread now: GMX against Reya−0.057%7-day average · you buy dearer than you sell
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Funding pays, the price is against you. GMX is 0.057% cheaper against Reya than usual: you would sell low and buy high (spread −0.057% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 7.2 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya AERORUSDPERP0.68810.0228pay 0.0029% / 1h10m 39s$19K$4K15x
ShortGMX AERO/USD [ETH-USDC]0.6877L +0.0518% / S −0.0255%get 0.0032% / 1h10m 39s$90K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Reya. 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
$5.54
Price spread: −0.057% → 0.000%
−$5.73
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee GMX: 6 bp × 2 orders
−$12
Net
−$18.2
Costs to cover
0.180%
Break-even
30.0 days
Slippage unknown: Reya: no order-book sample; GMX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Reya no order-book sample
Sell GMX no order-book sample
Reya and GMX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International AERO-PERP-INTX−0.0360%1h0.6893+0.169%$88K$38K25xas long as short
Injective AERO/USDC PERP+0.0033%1h0.6902+0.300%$4$209K5.5xas long as short
Deribit AERO_USDC-PERPETUAL+0.0041%1h0.6879−0.034%$55K$11K10xas long as short
Aster AEROUSDT+0.0100%4h0.6884+0.034%$42K$127K10xas long as short
Binance AEROUSDT+0.0100%4h0.6881−0.005%$25.9M$25.1M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6878−0.049%$22.4M$18.0M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6887+0.082%$2.3M$5.9M20xas long as short
Gate AERO_USDT+0.0100%4h0.6878−0.049%$1.6M$481K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6880−0.020%$8.4M$1.4M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6885+0.053%$2.0M$1.1M50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AEROUSDT+0.0100%4h0.6880−0.020%$4.0M$1.9M75xas long as short
BingX AERO-USDT+0.0100%4h0.6877−0.063%$1.8Mas long as short
Variational Omni AERO+0.0100%4h0.6877−0.069%$2.0M$1.2Mas long as short
Extended AERO-USD+0.0104%1h0.6878−0.044%$204K$1.4M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6877−0.066%$46K3xas long as short
Hyperliquid AERO+0.0208%1h0.6886+0.065%$22.7M$5.4M3xas long as short
Reya AERORUSDPERPlong+0.0228%1h0.6881long leg$19K$4K15x
BloFin AERO-USDT+0.0340%4h0.6885+0.053%$938K$576K25xas long as short
RISEx AERO/USDC+0.0416%1h0.6883+0.025%$207K$541K3xas long as short
01 Exchange AEROUSD+0.0472%1h0.6888+0.101%$187$1013xas long as short
GMX AERO/USD [ETH-USDC]shortL +0.0518% / S −0.0255%1h0.6877−0.057%$90K100x
Backpack AERO_USDC_PERP+0.0649%1h0.6886+0.063%$93K$260K15xas long as short
Lighter AERO+0.0848%1h0.6895+0.200%$1.3M$395K3xas long as short