Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.025%
Price spread now: KuCoin against Binance−0.046%7-day average −0.101% · you buy dearer than you sell
Net, funding: paid 7d − costs−$993as in the Funding arb table
Net, price: spread back to 7d avg − costs−$968as in the Price arb table
costs, in and out, $10k−$9749.737% of the position
Funding, last 7 days−0.194%−$19 on $10k
+Price spread, last 4 days (all we have)−0.925%−$92 · spread now −0.046%, 7d avg −0.101%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.055% dearer against Binance than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.101%. Mind the row above: over the last 7 days funding on this pair cost −0.194%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance AAOIUSDT | 107.84 | 0 | get 0.0000% / 8h | 2m 59s | $14.8M | $45.4M | 20x |
| Short | KuCoin AAOIUSDTM | 107.79 | 0.0100 | get 0.0100% / 8h | 2m 59s | $443K | $225K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21
- Price spread: −0.046% → −0.101%
- $5.51
- Slippage, 4 orders
- −$951.75
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$947.24
- Costs to cover
- 9.737%
- Break-even
- 322.7 days
Slippage from Binance: live order book, 9 min ago; KuCoin: live order book, 30 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, 9 min ago | 1.86 bp | 10.1 bp −$10 | 26.7 bp −$267 | 95.0 bp −$9,504 | doesn't fit |
| Sell KuCoin live order book, 30 min ago | 7.89 bp | 461.9 bp −$462 | doesn't fit | 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 | −0.1251% | 8h | 107.99 | +0.139% | $3.2M | $3.9M | 20x | as long as short |
| Aster AAOIUSDT | 0.0000% | 8h | 107.83 | −0.011% | $40K | $37K | 20x | as long as short |
| Extended AAOI-USD | 0.0000% | 1h | 107.83 | −0.007% | $17K | $230K | 10x | as long as short |
| Binance AAOIUSDTlong | 0.0000% | 8h | 107.84 | long leg | $14.8M | $45.4M | 20x | |
| Bybit AAOIUSDT | 0.0000% | 8h | 107.82 | −0.019% | $1.7M | $2.8M | 25x | as long as short |
| Gate AAOI_USDT | 0.0000% | 8h | 107.86 | +0.019% | $3.7M | $13.0M | 50x | as long as short |
| Variational Omni AAOI | 0.0000% | 8h | 107.72 | −0.111% | $115K | $153K | — | as long as short |
| GRVT AAOI_USDT_Perp | 0.0000% | 8h | 107.79 | −0.046% | $679 | $113K | 10x | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 107.87 | +0.028% | $1K | $1.2M | 10x | as long as short |
| HTX AAOI-USDT | 0.0000% | 8h | 107.74 | −0.093% | $23K | $47K | 20x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin AAOI-USDT | +0.0013% | 8h | 107.93 | +0.083% | $279K | $66K | 20x | as long as short |
| Lighter AAOI | +0.0032% | 1h | 107.83 | −0.009% | — | — | 10x | as long as short |
| QFEX AAOI-USD | +0.0034% | 1h | 107.82 | −0.019% | $1.1M | $1.8M | 10x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 107.91 | +0.065% | $976 | $108K | 20x | as long as short |
| tradeXYZ xyz:AAOI | +0.0060% | 1h | 107.82 | −0.019% | $1.9M | $1.5M | 10x | as long as short |
| Paragon para:AAOI | +0.0087% | 1h | 107.69 | −0.143% | $226K | $721K | 10x | as long as short |
| KuCoin AAOIUSDTMshort | +0.0100% | 8h | 107.79 | −0.046% | $443K | $225K | 20x | |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 107.81 | −0.028% | $1K | $13K | 10x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 107.82 | −0.017% | — | — | 10x | as long as short |
| OKX AAOI-USDT-SWAP | +0.0381% | 8h | 107.86 | +0.019% | $5.0M | $20.5M | 20x | as long as short |
| edgeX AAOIUSDC | +0.0805% | 4h | 107.73 | −0.105% | $12K | $264K | 10x | as long as short |
Binance AAOIUSDT
KuCoin AAOIUSDTM
Bitget AAOIUSDT
Aster AAOIUSDT
Extended AAOI-USD
Bybit AAOIUSDT
Gate AAOI_USDT
Variational Omni AAOI
GRVT AAOI_USDT_Perp
SunX AAOI-USDT
HTX AAOI-USDT
BloFin AAOI-USDT
Lighter AAOI
Popdex AAOIUSDT
tradeXYZ xyz:AAOI
Paragon para:AAOI
OKX AAOI-USDT-SWAP
edgeX AAOIUSDC