Funding you earn now, next payment 12:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h —
Price spread now: Bybit against Extended+0.036%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Bybit is 0.036% dearer against Extended than usual: you sell high and buy low (spread +0.036% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended AAL-USD | 13.915 | 0.0040 | pay 0.0005% / 1h | 51m 48s | — | — | 5x |
| Short | Bybit AALUSDT | 13.920 | 0 | get 0.0000% / 8h | 4h 51m | $50K | $44K | 25x |
Extended AAL-USD
Bybit AALUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Extended. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$8.4
- Price spread: +0.036% → 0.000%
- $3.59
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$20.81
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Extended: no order-book sample; Bybit: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Extended no order-book sample | — | — | — | — | — |
| Sell Bybit no order-book sample | — | — | — | — | — |
Extended and Bybit: 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.
AAL on 5 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit AALUSDTshort | 0.0000% | 8h | 13.920 | +0.036% | $50K | $44K | 25x | |
| Gate AAL_USDT | 0.0000% | 8h | 13.926 | +0.079% | $69K | $4K | 20x | as long as short |
| Bitget AALUSDT | 0.0000% | 8h | 13.923 | +0.057% | $239K | $81K | 20x | as long as short |
| HTX AAL-USDT | 0.0000% | 8h | 13.920 | +0.036% | $5K | $40K | 10x | as long as short |
| Extended AAL-USDlong | +0.0040% | 1h | 13.915 | long leg | — | — | 5x |
Gate AAL_USDT
Bitget AALUSDT
HTX AAL-USDT