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

AERO

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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0048%/8h= −5.2% APRpaid last 24h −0.028%
Price spread now: Injective against Variational Omni+0.012%61s7-day average +0.839% · 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 3 days (all we have)−0.066%−$7 on $10k
Price spread, last 3 days (all we have)−5.257%−$526 · spread now +0.012%, 7d avg +0.839%
Together, before fees−5.322%+ Points / potential airdropVariational Omni: Active · farm board−$532 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Injective is 0.827% cheaper against Variational Omni than usual: you would sell low and buy high (−$83 if the spread goes back to its 7-day average of +0.839%). Swap the legs. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni AERO0.69010.0100pay 0.0050% / 4h2h 12m$1.9M$1.7M
ShortInjective AERO/USDC PERP0.69020.0052get 0.0007% / 1h12m 10s$4$209K5.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Variational Omni. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$9.99
Price spread: +0.012% → +0.839%
−$82.69
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$92.7
Costs to cover
0.000%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Injective: 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 Variational Omni RFQ quote, 2 min ago4.35 bpdoesn't fit39.2 bp −$392doesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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
Deribit AERO_USDC-PERPETUAL−0.0477%1h0.6872−0.423%$55K$11K10xas long as short
Injective AERO/USDC PERPshort+0.0052%1h0.6902+0.012%$4$209K5.5x
Hyperliquid AERO+0.0100%1h0.6880−0.310%$23.1M$5.7M3xas long as short
Aster AEROUSDT+0.0100%4h0.6881−0.294%$38K$108K10xas long as short
Binance AEROUSDT+0.0100%4h0.6873−0.408%$25.4M$25.7M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6875−0.379%$21.9M$20.5M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6875−0.379%$2.3M$6.8M20xas long as short
Gate AERO_USDT+0.0100%4h0.6884−0.249%$1.6M$563K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6873−0.408%$8.1M$1.6M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6886−0.220%$2.2M$839K50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AEROUSDT+0.0100%4h0.6869−0.466%$4.1M$2.2M75xas long as short
BingX AERO-USDT+0.0100%4h0.6881−0.293%$1.8Mas long as short
Variational Omni AEROlong+0.0100%4h0.6901long leg$1.9M$1.7M
Extended AERO-USD+0.0104%1h0.6871−0.439%$201K$1.3M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6874−0.398%$46K3xas long as short
Reya AERORUSDPERP+0.0228%1h0.6872−0.424%$19K$4K15xas long as short
01 Exchange AEROUSD+0.0296%1h0.6876−0.366%$186$1153xas long as short
BloFin AERO-USDT+0.0340%4h0.6906+0.070%$914K$695K25xas long as short
Backpack AERO_USDC_PERP+0.0459%1h0.6880−0.308%$102K$313K15xas long as short
GMX AERO/USD [ETH-USDC]L +0.0502% / S −0.0229%1h0.6874−0.398%$91K100xas long as short
RISEx AERO/USDC+0.0530%1h0.6877−0.345%$225K$376K3xas long as short
Lighter AERO+0.0904%1h0.6891−0.148%$1.3M$495K3xas long as short
Coinbase International AERO-PERP-INTX+0.1488%1h0.7004+1.490%$93K$26K25xas long as short