Funding you earn now, next payment 00:00 UTC+0.0048%/8h= +5.3% APRpaid last 24h −0.021%
Price spread now: Popdex against Binance−0.009%7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$750.745% of the position
Funding, last 3 days (all we have)−0.094%−$9 on $10k
+Price spread, last 2 days (all we have)+0.009%+$1 · spread now −0.009%, 7d avg +0.013%
=Funding pays, the price is against you. Popdex is 0.022% cheaper against Binance than usual: you would sell low and buy high (spread −0.009% now, against its 7-day average of +0.013%). If the spread goes back, that is −$2 on $10k: about 37 hours of funding at the current rate (+$1 a day). Mind the row above: over the last 3 days funding on this pair cost −0.094%, 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 | 111.57 | 0 | get 0.0000% / 8h | 17m 57s | $15.3M | $43.6M | 20x |
| Short | Popdex AAOIUSDT | 111.56 | 0.0048 | get 0.0006% / 1h | 17m 57s | $1K | $110K | 20x |
Binance AAOIUSDT
Popdex AAOIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex 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
- $10.08
- Price spread: −0.009% → +0.013%
- −$2.24
- Slippage, 4 orders
- −$58.11
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- −$66.67
- Costs to cover
- 0.745%
- Break-even
- 53.3 days
Slippage from Binance: live order book, 9 min ago; Popdex: live order book, 61 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 | 0.45 bp | 9.9 bp −$10 | 37.6 bp −$376 | 96.0 bp −$9,599 | doesn't fit |
| Sell Popdex live order book, 61 min ago | 1.36 bp | 25.4 bp −$25 | 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX AAOI-USD | −0.0011% | 1h | 111.53 | −0.036% | $1.1M | $2.6M | 10x | as long as short |
| Aster AAOIUSDT | 0.0000% | 8h | 111.52 | −0.048% | $41K | $37K | 20x | as long as short |
| Extended AAOI-USD | 0.0000% | 1h | 111.55 | −0.015% | $17K | $209K | 10x | as long as short |
| Binance AAOIUSDTlong | 0.0000% | 8h | 111.57 | long leg | $15.3M | $43.6M | 20x | |
| Bybit AAOIUSDT | 0.0000% | 8h | 111.64 | +0.063% | $1.8M | $2.8M | 25x | as long as short |
| OKX AAOI-USDT-SWAP | 0.0000% | 8h | 111.64 | +0.063% | $4.3M | $19.4M | 20x | as long as short |
| Gate AAOI_USDT | 0.0000% | 8h | 111.60 | +0.027% | $4.2M | $30.8M | 50x | as long as short |
| Bitget AAOIUSDT | 0.0000% | 8h | 111.60 | +0.027% | $2.8M | $3.2M | 20x | as long as short |
| Variational Omni AAOI | 0.0000% | 8h | 111.43 | −0.126% | $153K | $167K | — | as long as short |
| GRVT AAOI_USDT_Perp | 0.0000% | 8h | 111.49 | −0.072% | $641 | $107K | 10x | as long as short |
QFEX AAOI-USD
Aster AAOIUSDT
Extended AAOI-USD
Bybit AAOIUSDT
OKX AAOI-USDT-SWAP
Gate AAOI_USDT
Bitget AAOIUSDT
Variational Omni AAOI
GRVT AAOI_USDT_PerpShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX AAOI-USDT | 0.0000% | 8h | 111.52 | −0.045% | $979 | $1.3M | 10x | as long as short |
| HTX AAOI-USDT | 0.0000% | 8h | 111.50 | −0.063% | $24K | $38K | 20x | as long as short |
| BloFin AAOI-USDT | +0.0029% | 8h | 111.49 | −0.072% | $244K | $68K | 20x | as long as short |
| Lighter AAOI | +0.0032% | 1h | 111.56 | −0.009% | — | — | 10x | as long as short |
| Popdex AAOIUSDTshort | +0.0048% | 1h | 111.56 | −0.009% | $1K | $110K | 20x | |
| tradeXYZ xyz:AAOI | +0.0050% | 1h | 111.60 | +0.027% | $2.0M | $1.4M | 10x | as long as short |
| Paragon para:AAOI | +0.0060% | 1h | 111.50 | −0.064% | $278K | $697K | 10x | as long as short |
| edgeX AAOIUSDC | +0.0082% | 4h | 111.46 | −0.096% | $13K | $263K | 10x | as long as short |
| KuCoin AAOIUSDTM | +0.0100% | 8h | 111.56 | −0.009% | $467K | $185K | 20x | as long as short |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 111.52 | −0.045% | $2K | $13K | 10x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 111.54 | −0.028% | — | — | 10x | as long as short |
SunX AAOI-USDT
HTX AAOI-USDT
BloFin AAOI-USDT
Lighter AAOI
tradeXYZ xyz:AAOI
Paragon para:AAOI
edgeX AAOIUSDC
KuCoin AAOIUSDTM
Orderly PERP_AAOI_USDC_mythos
Aevo AAOI-PERP