Funding you earn now, next payment 08:00 UTC+0.1626%/8h= +178.0% APRnext payment +$16.26 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Bitget−0.148%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$962as in the Funding arb table
Net, price: spread back to 7d avg − costs−$956as in the Price arb table
costs, in and out, $10k−$9459.445% of the position
Funding, last 7 days−0.177%−$18 on $10k
+Price spread, last 4 days (all we have)+0.202%+$20 · spread now −0.148%, 7d avg −0.035%
=Funding pays, the price is against you. KuCoin is 0.113% cheaper against Bitget than usual: you would sell low and buy high (spread −0.148% now, against its 7-day average of −0.035%). If the spread goes back, that is −$11 on $10k: about 6 hours of funding at the current rate (+$49 a day). Mind the row above: over the last 7 days funding on this pair cost −0.177%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.177% in total (about -9.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$16.26 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 | 108.05 | −0.1526 | get 0.1526% / 8h | 1h 28m | $3.0M | $3.7M | 20x |
| Short | KuCoin AAOIUSDTM | 107.89 | 0.0100 | get 0.0100% / 8h | 1h 28m | $453K | $202K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $341.46
- Price spread: −0.148% → −0.035%
- −$11.32
- Slippage, 4 orders
- −$920.54
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$614.4
- Costs to cover
- 9.445%
- Break-even
- 19.6 days
Slippage from Bitget: live order book, 4 min ago; KuCoin: live order book, 15 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, 4 min ago | 1.86 bp | 20.3 bp −$20 | 42.8 bp −$428 | 116.3 bp −$11.6K | doesn't fit |
| Sell KuCoin live order book, 15 min ago | 7.89 bp | 492.0 bp −$492 | 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 AAOIUSDTlong | −0.1526% | 8h | 108.05 | long leg | $3.0M | $3.7M | 20x | |
| Aster AAOIUSDT | 0.0000% | 8h | 108.31 | +0.243% | $40K | $37K | 20x | as long as short |
| Gate AAOI_USDT | 0.0000% | 8h | 107.95 | −0.093% | $3.7M | $13.1M | 50x | as long as short |
| Variational Omni AAOI | 0.0000% | 8h | 107.70 | −0.327% | $148K | $127K | — | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 107.91 | −0.130% | $932 | $1.2M | 10x | as long as short |
| HTX AAOI-USDT | 0.0000% | 8h | 108.06 | +0.009% | $24K | $47K | 20x | as long as short |
| GRVT AAOI_USDT_Perp | +0.0015% | 8h | 107.68 | −0.342% | $884 | $114K | 10x | as long as short |
| Extended AAOI-USD | +0.0016% | 1h | 107.96 | −0.079% | $15K | $226K | 10x | as long as short |
| Binance AAOIUSDT | +0.0017% | 8h | 107.99 | −0.059% | $14.7M | $44.9M | 20x | as long as short |
| BloFin AAOI-USDT | +0.0022% | 8h | 107.93 | −0.111% | $279K | $64K | 20x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter AAOI | +0.0032% | 1h | 107.91 | −0.130% | — | — | 10x | as long as short |
| QFEX AAOI-USD | +0.0041% | 1h | 107.97 | −0.074% | $1.1M | $1.9M | 10x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 107.98 | −0.065% | $586 | $110K | 20x | as long as short |
| Bybit AAOIUSDT | +0.0051% | 8h | 107.95 | −0.093% | $1.7M | $2.8M | 25x | as long as short |
| KuCoin AAOIUSDTMshort | +0.0100% | 8h | 107.89 | −0.148% | $453K | $202K | 20x | |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 107.96 | −0.083% | $1K | $13K | 10x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 107.97 | −0.075% | — | — | 10x | as long as short |
| edgeX AAOIUSDC | +0.0153% | 4h | 107.70 | −0.322% | $13K | $265K | 10x | as long as short |
| Paragon para:AAOI | +0.0304% | 1h | 107.84 | −0.194% | $226K | $721K | 10x | as long as short |
| tradeXYZ xyz:AAOI | +0.0305% | 1h | 107.90 | −0.139% | $2.0M | $1.4M | 10x | as long as short |
| OKX AAOI-USDT-SWAP | +0.0433% | 8h | 108.04 | −0.009% | $5.0M | $20.5M | 20x | as long as short |
Bitget AAOIUSDT
KuCoin AAOIUSDTM
Aster AAOIUSDT
Gate AAOI_USDT
Variational Omni AAOI
SunX AAOI-USDT
HTX AAOI-USDT
GRVT AAOI_USDT_Perp
Extended AAOI-USD
Binance AAOIUSDT
BloFin AAOI-USDT
Lighter AAOI
Popdex AAOIUSDT
Bybit AAOIUSDT
edgeX AAOIUSDC
Paragon para:AAOI
tradeXYZ xyz:AAOI
OKX AAOI-USDT-SWAP