AERO

Alert

Spread before costs (cost unknown: a leg has no order-book sample)−0.239%

7d average—if it closes, per $10,000$24funding while held, a day−$8.42

Long on Variational Omni Short on Deribit

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni AERO	0.6862	0.0093	pay 0.0046% / 4h	2h 23m	$1.8M	$1.6M	—
Short	Deribit AERO_USDC-PERPETUAL	0.6846	−0.0188	pay 0.0023% / 1h	23m 19s	$54K	$11K	10x

Price spread history

latest

Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Position, each leg$Hold forhoursFee Variational OmnibpFee DeribitbpOrdersClose when spread is

Spread captured: −$23.87
Funding while held: −$8.42
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$39.28
Spread needed to break even: 0.070%

Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Deribit: no order-book sample. Net counts fees only.

Cost of waiting

funding view

Funding /8h: −0.0281%
Per $10,000 a day: −$8.42
Average in range /8h: —

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 Variational Omni RFQ quote, 2 min ago	5.10 bp	doesn't fit	31.4 bp −$314	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: 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 price on every exchange

against the cheapest. Click to use as the short leg.

AERO on 23 venues

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Injective AERO/USDC PERP	−1.113%	+0.0033%	1h	$4	$47K	5.5x	as long as short
01 Exchange AEROUSD	−0.358%	−0.0336%	1h	$207	$101	3x	as long as short
Bitget AEROUSDT	−0.297%	+0.0100%	4h	$4.0M	$2.1M	75x	as long as short
Reya AERORUSDPERP	−0.296%	+0.0237%	1h	$15K	—	15x	as long as short
Bybit AEROUSDT	−0.282%	+0.0100%	4h	$21.9M	$19.3M	25x	as long as short
BingX AERO-USDT	−0.282%	+0.0100%	4h	—	$1.7M	—	as long as short
Extended AERO-USD	−0.269%	+0.0104%	1h	$195K	$1.3M	10x	as long as short
OKX AERO-USDT-SWAP	−0.268%	+0.0100%	4h	$2.3M	$5.7M	20x	as long as short
MEXC AERO_USDT	−0.268%	+0.0100%	4h	$8.1M	$1.6M	100x	as long as short
KuCoin AEROUSDTM	−0.268%	+0.0100%	4h	$2.2M	$713K	50x	as long as short

Show all 23 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
BloFin AERO-USDT	−0.268%	+0.0340%	4h	$935K	$706K	25x	as long as short
Binance AEROUSDT	−0.259%	+0.0100%	4h	$25.6M	$23.4M	75x	as long as short
Deribit AERO_USDC-PERPETUALshort	−0.239%	−0.0188%	1h	$54K	$11K	10x
Aevo AERO-PERP	−0.221%	+0.0104%	1h	$46K	—	3x	as long as short
Hyperliquid AERO	−0.215%	+0.0100%	1h	$23.3M	$5.7M	3x	as long as short
Gate AERO_USDT	−0.210%	+0.0090%	4h	$1.6M	$527K	75x	as long as short
Aster AEROUSDT	−0.194%	+0.0100%	4h	$34K	$92K	10x	as long as short
Backpack AERO_USDC_PERP	−0.186%	+0.0100%	1h	$101K	$304K	15x	as long as short
RISEx AERO/USDC	−0.183%	+0.0359%	1h	$201K	$400K	3x	as long as short
GMX AERO/USD [ETH-USDC]	−0.169%	L +0.0502% / S −0.0230%	1h	$90K	—	100x	as long as short
Lighter AERO	−0.057%	+0.0176%	1h	$1.3M	$522K	3x	as long as short
Coinbase International AERO-PERP-INTX	−0.020%	+0.1680%	1h	$92K	$19K	25x	as long as short
Variational Omni AEROlong	0.000%	+0.0093%	4h	$1.8M	$1.6M	—