Funding arb · Price arb /

AERO

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0780%/8h= −85.4% APRpaid last 24h −0.047%

Price spread now: Aster against 01 Exchange+0.027%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on 01 Exchange Short on Aster

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. Aster is 0.027% dearer against 01 Exchange than usual: you sell high and buy low (spread +0.027% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 3 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange AEROUSD	0.7121	0.0880	pay 0.0110% / 1h	2m 32s	$193	$101	3x
Short	Aster AEROUSDT	0.7123	0.0100	get 0.0050% / 4h	3h 02m	$43K	$126K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against 01 Exchange. 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 01 ExchangebpFee AsterbpOrdersPrice spread, now +0.027%Rate

Funding earned: −$163.8
Price spread: +0.027% → 0.000%: $2.66
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Aster: 4 bp × 2 orders: −$8
Net: −$176.14
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: 01 Exchange: no order-book sample; Aster: live order book, 28 min ago. Net counts fees only.

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 01 Exchange no order-book sample	—	—	—	—	—
Sell Aster live order book, 28 min ago	5.07 bp	17.5 bp −$17	doesn't fit	doesn't fit	doesn't fit

01 Exchange: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International AERO-PERP-INTX	−0.0280%	1h	0.7623	+7.051%	$96K	$43K	25x	as long as short
Injective AERO/USDC PERP	+0.0033%	1h	0.6902	−3.074%	$4	$209K	5.5x	as long as short
Aster AEROUSDTshort	+0.0100%	4h	0.7123	+0.027%	$43K	$126K	10x
Binance AEROUSDT	+0.0100%	4h	0.7115	−0.083%	$27.0M	$25.9M	75x	as long as short
Bybit AEROUSDT	+0.0100%	4h	0.7108	−0.181%	$23.7M	$19.3M	25x	as long as short
OKX AERO-USDT-SWAP	+0.0100%	4h	0.7111	−0.139%	$2.4M	$5.7M	20x	as long as short
Gate AERO_USDT	+0.0100%	4h	0.7117	−0.055%	$1.7M	$508K	75x	as long as short
MEXC AERO_USDT	+0.0100%	4h	0.7121	+0.001%	$8.7M	$1.5M	100x	as long as short
KuCoin AEROUSDTM	+0.0100%	4h	0.7121	+0.001%	$2.0M	$1.2M	50x	as long as short
Bitget AEROUSDT	+0.0100%	4h	0.7110	−0.153%	$4.2M	$1.9M	75x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX AERO-USDT	+0.0100%	4h	0.7114	−0.097%	—	$1.8M	—	as long as short
Variational Omni AERO	+0.0100%	4h	0.7126	+0.076%	$2.0M	$1.1M	—	as long as short
Extended AERO-USD	+0.0104%	1h	0.7113	−0.106%	$216K	$1.4M	10x	as long as short
Aevo AERO-PERP	+0.0104%	1h	0.7145	+0.338%	$48K	—	3x	as long as short
Reya AERORUSDPERP	+0.0228%	1h	0.7139	+0.252%	$20K	$4K	15x	as long as short
BloFin AERO-USDT	+0.0340%	4h	0.7128	+0.100%	$975K	$582K	25x	as long as short
RISEx AERO/USDC	+0.0503%	1h	0.7132	+0.161%	$235K	$600K	3x	as long as short
GMX AERO/USD [ETH-USDC]	L +0.0522% / S −0.0251%	1h	0.7129	+0.109%	$92K	—	100x	as long as short
Deribit AERO_USDC-PERPETUAL	+0.0730%	1h	0.7150	+0.409%	$57K	$684	10x	as long as short
01 Exchange AEROUSDlong	+0.0880%	1h	0.7121	long leg	$193	$101	3x
Backpack AERO_USDC_PERP	+0.0884%	1h	0.7138	+0.246%	$102K	$249K	15x	as long as short
Hyperliquid AERO	+0.1252%	1h	0.7136	+0.209%	$23.5M	$6.1M	3x	as long as short
Lighter AERO	+0.1664%	1h	0.7140	+0.267%	$1.3M	$410K	3x	as long as short