Funding you earn now, next payment 08:00 UTC+0.0033%/8h= +3.7% APRpaid last 24h +0.003%
Price spread now: QFEX against Binance−0.009%7-day average −0.086% · 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−$32as in the Price arb table
costs, in and out, $10k−$390.394% of the position
Funding, last 4 days (all we have)−0.123%−$12 on $10k
+Price spread, last 7 days−0.038%−$4 · spread now −0.009%, 7d avg −0.086%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and QFEX is 0.078% dearer against Binance than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.086%. Mind the row above: over the last 4 days funding on this pair cost −0.123%, 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 | 107.83 | 0.0001 | pay 0.0001% / 8h | 14m 11s | $14.8M | $45.4M | 20x |
| Short | QFEX AAOI-USD | 107.82 | 0.0034 | get 0.0004% / 1h | 14m 11s | $1.1M | $1.8M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- $7
- Price spread: −0.009% → −0.086%
- $7.78
- Slippage, 4 orders
- −$19.37
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$24.59
- Costs to cover
- 0.394%
- Break-even
- 31.6 days
Slippage from Binance: live order book, 13 min ago; QFEX: live order book, 3 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, 13 min ago | 0.46 bp | 9.3 bp −$9 | 30.8 bp −$308 | 121.7 bp −$12.2K | doesn't fit |
| Sell QFEX live order book, 3 min ago | 1.86 bp | 9.5 bp −$10 | 13.3 bp −$133 | 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 | −0.1309% | 8h | 107.95 | +0.112% | $3.2M | $3.9M | 20x | as long as short |
| Aster AAOIUSDT | 0.0000% | 8h | 107.91 | +0.075% | $40K | $37K | 20x | as long as short |
| Extended AAOI-USD | 0.0000% | 1h | 107.81 | −0.017% | $17K | $230K | 10x | as long as short |
| Bybit AAOIUSDT | 0.0000% | 8h | 107.83 | +0.001% | $1.7M | $2.8M | 25x | as long as short |
| Gate AAOI_USDT | 0.0000% | 8h | 107.83 | +0.001% | $3.7M | $13.0M | 50x | as long as short |
| Variational Omni AAOI | 0.0000% | 8h | 107.73 | −0.094% | $115K | $153K | — | as long as short |
| GRVT AAOI_USDT_Perp | 0.0000% | 8h | 107.68 | −0.134% | $818 | $114K | 10x | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 107.78 | −0.046% | $1K | $1.2M | 10x | as long as short |
| HTX AAOI-USDT | 0.0000% | 8h | 107.96 | +0.121% | $23K | $47K | 20x | as long as short |
| Binance AAOIUSDTlong | +0.0001% | 8h | 107.83 | long leg | $14.8M | $45.4M | 20x |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin AAOI-USDT | +0.0026% | 8h | 107.75 | −0.073% | $279K | $66K | 20x | as long as short |
| Lighter AAOI | +0.0032% | 1h | 107.79 | −0.036% | — | — | 10x | as long as short |
| QFEX AAOI-USDshort | +0.0034% | 1h | 107.82 | −0.009% | $1.1M | $1.8M | 10x | |
| Popdex AAOIUSDT | +0.0048% | 1h | 107.84 | +0.010% | $944 | $108K | 20x | as long as short |
| tradeXYZ xyz:AAOI | +0.0083% | 1h | 107.80 | −0.027% | $1.9M | $1.5M | 10x | as long as short |
| KuCoin AAOIUSDTM | +0.0100% | 8h | 107.76 | −0.064% | $443K | $217K | 20x | as long as short |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 107.83 | +0.001% | $1K | $13K | 10x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 107.82 | −0.008% | — | — | 10x | as long as short |
| Paragon para:AAOI | +0.0126% | 1h | 107.78 | −0.050% | $226K | $721K | 10x | as long as short |
| OKX AAOI-USDT-SWAP | +0.0397% | 8h | 107.88 | +0.047% | $5.0M | $20.6M | 20x | as long as short |
| edgeX AAOIUSDC | +0.0685% | 4h | 107.74 | −0.081% | $12K | $265K | 10x | as long as short |
Binance AAOIUSDT
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
KuCoin AAOIUSDTM
Paragon para:AAOI
OKX AAOI-USDT-SWAP
edgeX AAOIUSDC