Funding you earn now, next payment 08:00 UTC+0.0005%/8h= +0.5% APRnext payment +$0.05 per $10,000 · paid last 24h −0.005%
Price spread now: Bybit against Binance+0.019%7-day average −0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$640.644% of the position
Funding, last 7 days−0.069%−$7 on $10k
+Price spread, last 7 days−0.039%−$4 · spread now +0.019%, 7d avg −0.031%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.049% dearer against Binance than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.031%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance AAOIUSDT | 107.95 | 0.0026 | pay 0.0026% / 8h | 1h 06m | $14.8M | $45.0M | 20x |
| Short | Bybit AAOIUSDT | 107.97 | 0.0031 | get 0.0031% / 8h | 1h 06m | $1.7M | $2.8M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0.98
- Price spread: +0.019% → −0.031%
- $4.93
- Slippage, 4 orders
- −$43.43
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$58.52
- Costs to cover
- 0.644%
- Break-even
- 424.7 days
Slippage from Binance: live order book, 6 min ago; Bybit: live order book, 1 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, 6 min ago | 1.39 bp | 10.0 bp −$10 | 36.7 bp −$367 | 112.0 bp −$11.2K | doesn't fit |
| Sell Bybit live order book, 1 min ago | 1.85 bp | 32.5 bp −$32 | 99.0 bp −$990 | doesn't fit | 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 AAOIUSDT | −0.1442% | 8h | 108.05 | +0.093% | $3.1M | $3.8M | 20x | as long as short |
| Aster AAOIUSDT | 0.0000% | 8h | 108.35 | +0.372% | $40K | $37K | 20x | as long as short |
| Gate AAOI_USDT | 0.0000% | 8h | 107.95 | 0.000% | $3.7M | $13.1M | 50x | as long as short |
| Variational Omni AAOI | 0.0000% | 8h | 107.93 | −0.018% | $148K | $127K | — | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 107.96 | +0.009% | $1K | $1.2M | 10x | as long as short |
| HTX AAOI-USDT | 0.0000% | 8h | 107.99 | +0.037% | $24K | $47K | 20x | as long as short |
| GRVT AAOI_USDT_Perp | +0.0009% | 8h | 107.93 | −0.019% | $525 | $115K | 10x | as long as short |
| Extended AAOI-USD | +0.0024% | 1h | 107.92 | −0.028% | $14K | $232K | 10x | as long as short |
| Binance AAOIUSDTlong | +0.0026% | 8h | 107.95 | long leg | $14.8M | $45.0M | 20x | |
| BloFin AAOI-USDT | +0.0027% | 8h | 107.90 | −0.046% | $277K | $64K | 20x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit AAOIUSDTshort | +0.0031% | 8h | 107.97 | +0.019% | $1.7M | $2.8M | 25x | |
| Lighter AAOI | +0.0032% | 1h | 107.89 | −0.056% | — | — | 10x | as long as short |
| QFEX AAOI-USD | +0.0041% | 1h | 107.90 | −0.046% | $1.1M | $1.8M | 10x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 107.96 | +0.009% | $729 | $109K | 20x | as long as short |
| KuCoin AAOIUSDTM | +0.0100% | 8h | 107.90 | −0.046% | $453K | $204K | 20x | as long as short |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 107.93 | −0.019% | $1K | $13K | 10x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 107.92 | −0.026% | — | — | 10x | as long as short |
| tradeXYZ xyz:AAOI | +0.0195% | 1h | 107.88 | −0.065% | $1.9M | $1.5M | 10x | as long as short |
| edgeX AAOIUSDC | +0.0247% | 4h | 107.94 | −0.005% | $13K | $264K | 10x | as long as short |
| Paragon para:AAOI | +0.0277% | 1h | 107.80 | −0.139% | $226K | $721K | 10x | as long as short |
| OKX AAOI-USDT-SWAP | +0.0442% | 8h | 108.00 | +0.046% | $4.9M | $20.5M | 20x | as long as short |
Binance AAOIUSDT
Bybit AAOIUSDT
Bitget AAOIUSDT
Aster AAOIUSDT
Gate AAOI_USDT
Variational Omni AAOI
SunX AAOI-USDT
HTX AAOI-USDT
GRVT AAOI_USDT_Perp
Extended AAOI-USD
BloFin AAOI-USDT
Lighter AAOI
Popdex AAOIUSDT
KuCoin AAOIUSDTM
tradeXYZ xyz:AAOI
edgeX AAOIUSDC
Paragon para:AAOI
OKX AAOI-USDT-SWAP