Funding you earn now, next payment 16:00 UTC+0.1336%/8h= +146.3% APRnext payment +$13.36 per $10,000 · paid last 24h +0.128%
Price spread now: Binance against Bitget+0.012%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$580.583% of the position
Funding, last 7 days+0.112%+$11 on $10k
+Price spread, last 7 days−0.001%$0 · spread now +0.012%, 7d avg +0.036%
=Funding pays, the price is against you. Binance is 0.024% cheaper against Bitget than usual: you would sell low and buy high (spread +0.012% now, against its 7-day average of +0.036%). If the spread goes back, that is −$2 on $10k: about 1 hour of funding at the current rate (+$40 a day). At the pace of the last 7 days (+0.112% in total) that is about 36 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.112% in total (about 5.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$13.36 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 | Bitget AAOIUSDT | 107.15 | −0.1336 | get 0.1336% / 8h | 7h 48m | $3.2M | $4.0M | 20x |
| Short | Binance AAOIUSDT | 107.16 | 0 | get 0.0000% / 8h | 7h 48m | $14.7M | $46.8M | 20x |
Bitget AAOIUSDT
Binance AAOIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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
- $280.56
- Price spread: +0.012% → +0.036%
- −$2.4
- Slippage, 4 orders
- −$36.27
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $219.89
- Costs to cover
- 0.583%
- Break-even
- 1.5 days
Slippage from Bitget: live order book, 5 min ago; Binance: live order book, 9 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 Bitget live order book, 5 min ago | 2.33 bp | 9.3 bp −$9 | 31.3 bp −$313 | 130.1 bp −$13.0K | doesn't fit |
| Sell Binance live order book, 9 min ago | 2.32 bp | 10.8 bp −$11 | 36.6 bp −$366 | 136.3 bp −$13.6K | 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 AAOIUSDTlong | −0.1336% | 8h | 107.15 | long leg | $3.2M | $4.0M | 20x | |
| GRVT AAOI_USDT_Perp | −0.0353% | 8h | 106.89 | −0.242% | $847 | $113K | 10x | as long as short |
| Aster AAOIUSDT | 0.0000% | 8h | 107.23 | +0.077% | $40K | $43K | 20x | as long as short |
| Extended AAOI-USD | 0.0000% | 1h | 107.13 | −0.019% | $17K | $228K | 10x | as long as short |
| Binance AAOIUSDTshort | 0.0000% | 8h | 107.16 | +0.012% | $14.7M | $46.8M | 20x | |
| Bybit AAOIUSDT | 0.0000% | 8h | 107.19 | +0.037% | $1.7M | $2.8M | 25x | as long as short |
| Gate AAOI_USDT | 0.0000% | 8h | 107.15 | 0.000% | $3.7M | $12.6M | 50x | as long as short |
| Variational Omni AAOI | 0.0000% | 8h | 107.31 | +0.151% | $115K | $153K | — | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 107.20 | +0.047% | $1K | $1.2M | 10x | as long as short |
| HTX AAOI-USDT | 0.0000% | 8h | 106.63 | −0.485% | $23K | $47K | 20x | as long as short |
GRVT AAOI_USDT_Perp
Aster AAOIUSDT
Extended AAOI-USD
Bybit AAOIUSDT
Gate AAOI_USDT
Variational Omni AAOI
SunX AAOI-USDT
HTX AAOI-USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin AAOI-USDT | +0.0023% | 8h | 106.99 | −0.149% | $279K | $66K | 20x | as long as short |
| Lighter AAOI | +0.0032% | 1h | 107.13 | −0.019% | — | — | 10x | as long as short |
| QFEX AAOI-USD | +0.0045% | 1h | 107.15 | 0.000% | $1.1M | $1.8M | 10x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 107.12 | −0.028% | $1K | $109K | 20x | as long as short |
| tradeXYZ xyz:AAOI | +0.0050% | 1h | 107.12 | −0.028% | $1.9M | $1.6M | 10x | as long as short |
| KuCoin AAOIUSDTM | +0.0100% | 8h | 107.13 | −0.019% | $440K | $239K | 20x | as long as short |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 107.17 | +0.019% | $1K | $14K | 10x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 107.14 | −0.014% | — | — | 10x | as long as short |
| edgeX AAOIUSDC | +0.0137% | 4h | 106.83 | −0.299% | $12K | $264K | 10x | as long as short |
| Paragon para:AAOI | +0.0247% | 1h | 107.09 | −0.052% | $224K | $722K | 10x | as long as short |
| OKX AAOI-USDT-SWAP | +0.0364% | 8h | 107.23 | +0.075% | $5.0M | $20.6M | 20x | as long as short |
BloFin AAOI-USDT
Lighter AAOI
QFEX AAOI-USD
Popdex AAOIUSDT
tradeXYZ xyz:AAOI
KuCoin AAOIUSDTM
Orderly PERP_AAOI_USDC_mythos
Aevo AAOI-PERP
edgeX AAOIUSDC
Paragon para:AAOI
OKX AAOI-USDT-SWAP