Funding you earn now, next payment 08:00 UTC−0.1434%/8h= −157.0% APRnext payment −$14.34 per $10,000 · paid last 24h −0.005%
Price spread now: Bitget against Binance+0.109%7-day average −0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$610.613% of the position
Funding, last 7 days−0.017%−$2 on $10k
+Price spread, last 7 days−0.117%−$12 · spread now +0.109%, 7d avg −0.035%
=The price spread pays, funding is against you. Bitget is 0.145% dearer against Binance than usual: you sell high and buy low (spread +0.109% now, against its 7-day average of −0.035%): +$14 on $10k if it goes back. Holding the pair costs −$43 a day in funding at the current rate, which eats that in about 8 hours. At the pace of the last 7 days (−0.017% in total) that is about 2 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.017% in total (about -0.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$14.34 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance AAOIUSDT | 107.96 | 0.0027 | pay 0.0027% / 8h | 38m 06s | $14.8M | $45.3M | 20x |
| Short | Bitget AAOIUSDT | 108.08 | −0.1407 | pay 0.1407% / 8h | 38m 06s | $3.2M | $3.9M | 20x |
Binance AAOIUSDT
Bitget AAOIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. 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
- −$301.08
- Price spread: +0.109% → −0.035%
- $14.47
- Slippage, 4 orders
- −$39.31
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$347.92
- Costs to cover
- 0.613%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 min ago; Bitget: live order book, 5 min ago.
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 Binance live order book, 4 min ago | 1.39 bp | 9.6 bp −$10 | 21.8 bp −$218 | 85.6 bp −$8,557 | doesn't fit |
| Sell Bitget live order book, 5 min ago | 2.31 bp | 20.7 bp −$21 | 46.5 bp −$465 | 116.7 bp −$11.7K | doesn't fit |
AAOI on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget AAOIUSDTshort | −0.1407% | 8h | 108.08 | +0.109% | $3.2M | $3.9M | 20x | |
| Aster AAOIUSDT | 0.0000% | 8h | 107.97 | +0.003% | $40K | $37K | 20x | as long as short |
| Gate AAOI_USDT | 0.0000% | 8h | 107.96 | −0.002% | $3.7M | $12.9M | 50x | as long as short |
| Variational Omni AAOI | 0.0000% | 8h | 108.03 | +0.067% | $116K | $159K | — | as long as short |
| GRVT AAOI_USDT_Perp | 0.0000% | 8h | 107.70 | −0.247% | $888 | $115K | 10x | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 107.97 | +0.007% | $1K | $1.2M | 10x | as long as short |
| HTX AAOI-USDT | 0.0000% | 8h | 107.83 | −0.122% | $23K | $48K | 20x | as long as short |
| Bybit AAOIUSDT | +0.0011% | 8h | 107.97 | +0.007% | $1.7M | $2.8M | 25x | as long as short |
| BloFin AAOI-USDT | +0.0015% | 8h | 107.94 | −0.020% | $277K | $66K | 20x | as long as short |
| Extended AAOI-USD | +0.0024% | 1h | 107.94 | −0.022% | $14K | $227K | 10x | as long as short |
Aster AAOIUSDT
Gate AAOI_USDT
Variational Omni AAOI
GRVT AAOI_USDT_Perp
SunX AAOI-USDT
HTX AAOI-USDT
Bybit AAOIUSDT
BloFin AAOI-USDT
Extended AAOI-USDShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance AAOIUSDTlong | +0.0027% | 8h | 107.96 | long leg | $14.8M | $45.3M | 20x | |
| Lighter AAOI | +0.0032% | 1h | 107.98 | +0.017% | — | — | 10x | as long as short |
| QFEX AAOI-USD | +0.0034% | 1h | 107.94 | −0.020% | $1.1M | $1.8M | 10x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 107.97 | +0.007% | $966 | $108K | 20x | as long as short |
| KuCoin AAOIUSDTM | +0.0100% | 8h | 107.93 | −0.030% | $450K | $208K | 20x | as long as short |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 107.97 | +0.007% | $1K | $13K | 10x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 107.95 | −0.009% | — | — | 10x | as long as short |
| Paragon para:AAOI | +0.0118% | 1h | 107.89 | −0.066% | $226K | $721K | 10x | as long as short |
| tradeXYZ xyz:AAOI | +0.0125% | 1h | 107.90 | −0.057% | $1.9M | $1.5M | 10x | as long as short |
| OKX AAOI-USDT-SWAP | +0.0437% | 8h | 108.03 | +0.063% | $5.0M | $20.6M | 20x | as long as short |
| edgeX AAOIUSDC | +0.0997% | 4h | 108.03 | +0.059% | $13K | $264K | 10x | as long as short |
Lighter AAOI
QFEX AAOI-USD
Popdex AAOIUSDT
KuCoin AAOIUSDTM
Orderly PERP_AAOI_USDC_mythos
Aevo AAOI-PERP
Paragon para:AAOI
tradeXYZ xyz:AAOI
OKX AAOI-USDT-SWAP
edgeX AAOIUSDC