AERO arbitrage between Coinbase and HyperLiquid: we compare the price of AERO on Coinbase (spot) and HyperLiquid (futures) in real time — the executable spread (buy at the ask, sell at the bid), basis, volume and deposit/withdrawal status. You can see whether the gap holds or is a one-second blip you would never get into.

About Aerodrome Finance

Aerodrome Finance is a next-generation AMM designed to serve as Base's central liquidity hub, combining a powerful liquidity incentive engine, vote-lock governance model, and friendly user experience. Aerodrome inherits the latest features from Velodrome V2.

Decentralized Exchange (DEX), Exchange-based Tokens, Decentralized Finance (DeFi), Automated Market Maker (AMM)

AERO: Coinbase — deposit open, withdrawal open.

Open interest in AERO right now — $38.4M: Binance $13.9M, Bybit $9.2M, HyperLiquid $8.8M, Bitget $2.0M, KuCoin $1.6M. See OI AERO.

News about AERO

About AERO arbitrage

How do I read the AERO spread?

The spread is how many percent higher AERO trades on one exchange than on the other. We measure it at tradeable prices (ask/bid) net of fees; “net” is closer to what you actually keep.

Is this arbitrage worth taking?

Look past the spread: check volume, order-book depth and the deposit/withdrawal status on Coinbase and HyperLiquid. If deposits or withdrawals are shut, or the book is thin, the spread exists on paper but you cannot trade into it.

How do I get AERO alerts?

Build a rule in the the builder with the spread threshold you want — the notification arrives as a Telegram direct message within seconds.