Funding arb · Price arb /

AERO

all AERO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0463%/8h= −50.6% APRpaid last 24h −0.073%

Price spread now: BingX against RISEx+0.061%7-day average −0.020% · 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−$30as in the Price arb table

costs, in and out, $10k−$390.386% of the position

Long on RISEx Short on BingX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.445%−$44 on $10k

Price spread, last 4 days (all we have)−0.177%−$18 · spread now +0.061%, 7d avg −0.020%

Together, before fees−0.622%−$62 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BingX is 0.081% dearer against RISEx than usual: you sell high and buy low (spread +0.061% now, against its 7-day average of −0.020%): +$8 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 14 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx AERO/USDC	0.7041	0.0563	pay 0.0070% / 1h	44m 19s	$254K	$386K	3x
Short	BingX AERO-USDT	0.7045	0.0100	get 0.0050% / 4h	44m 19s	—	$1.8M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against RISEx. 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 RISExbpFee BingXbpOrdersPrice spread, now +0.061%Rate

Funding earned: −$97.13
Price spread: +0.061% → −0.020%: $8.09
Slippage, 4 orders: −$22.56
Fee RISEx: 3 bp × 2 orders: −$6
Fee BingX: 5 bp × 2 orders: −$10
Net: −$127.6
Costs to cover: 0.386%
Break-even: never at this rate

Slippage from RISEx: live order book, 34 min ago; BingX: live order book, 3 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 RISEx live order book, 34 min ago	0.65 bp	4.1 bp −$4	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 3 min ago	2.86 bp	17.0 bp −$17	33.2 bp −$332	172.6 bp −$17.3K	700.5 bp −$350.3K

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	−1.970%	$4	$209K	5.5x	as long as short
Aster AEROUSDT	+0.0100%	4h	0.7045	+0.061%	$40K	$112K	10x	as long as short
Binance AEROUSDT	+0.0100%	4h	0.7051	+0.147%	$26.4M	$26.0M	75x	as long as short
Bybit AEROUSDT	+0.0100%	4h	0.7052	+0.161%	$22.6M	$21.3M	25x	as long as short
OKX AERO-USDT-SWAP	+0.0100%	4h	0.7055	+0.203%	$2.3M	$7.0M	20x	as long as short
Gate AERO_USDT	+0.0100%	4h	0.7043	+0.033%	$1.6M	$528K	75x	as long as short
MEXC AERO_USDT	+0.0100%	4h	0.7047	+0.090%	$8.4M	$1.7M	100x	as long as short
KuCoin AEROUSDTM	+0.0100%	4h	0.7045	+0.061%	$2.2M	$923K	50x	as long as short
Bitget AEROUSDT	+0.0100%	4h	0.7047	+0.090%	$4.1M	$2.2M	75x	as long as short
BingX AERO-USDTshort	+0.0100%	4h	0.7045	+0.061%	—	$1.8M	—

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni AERO	+0.0100%	4h	0.7005	−0.512%	$2.0M	$1.7M	—	as long as short
Extended AERO-USD	+0.0104%	1h	0.7050	+0.132%	$218K	$1.3M	10x	as long as short
Aevo AERO-PERP	+0.0104%	1h	0.7046	+0.081%	$47K	—	3x	as long as short
Deribit AERO_USDC-PERPETUAL	+0.0176%	1h	0.7050	+0.132%	$56K	$11K	10x	as long as short
Reya AERORUSDPERP	+0.0228%	1h	0.7048	+0.102%	$20K	$4K	15x	as long as short
BloFin AERO-USDT	+0.0340%	4h	0.7027	−0.194%	$930K	$722K	25x	as long as short
GMX AERO/USD [ETH-USDC]	L +0.0512% / S −0.0250%	1h	0.7043	+0.027%	$91K	—	100x	as long as short
Coinbase International AERO-PERP-INTX	+0.0520%	1h	0.6611	−6.103%	$88K	$31K	25x	as long as short
RISEx AERO/USDClong	+0.0563%	1h	0.7041	long leg	$254K	$386K	3x
Hyperliquid AERO	+0.0623%	1h	0.7056	+0.216%	$23.7M	$5.4M	3x	as long as short
01 Exchange AEROUSD	+0.0792%	1h	0.7048	+0.101%	$191	$111	3x	as long as short
Backpack AERO_USDC_PERP	+0.1120%	1h	0.7041	0.000%	$104K	$315K	15x	as long as short
Lighter AERO	+0.1896%	1h	0.7066	+0.361%	$1.3M	$459K	3x	as long as short