Settings8H · net · $10k
Funding arb · Price arb /

AAOI

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.025%+$2 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget AAOIUSDT108.05−0.1526get 0.1526% / 8h1h 28m$3.0M$3.7M20x
ShortKuCoin AAOIUSDTM107.890.0100get 0.0100% / 8h1h 28m$453K$202K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 4 min ago1.86 bp20.3 bp −$2042.8 bp −$428116.3 bp −$11.6Kdoesn't fit
Sell KuCoin live order book, 15 min ago7.89 bp492.0 bp −$492doesn't fitdoesn't fitdoesn't fit

AAOI on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AAOIUSDTlong−0.1526%8h108.05long leg$3.0M$3.7M20x
Aster AAOIUSDT0.0000%8h108.31+0.243%$40K$37K20xas long as short
Gate AAOI_USDT0.0000%8h107.95−0.093%$3.7M$13.1M50xas long as short
Variational Omni AAOI0.0000%8h107.70−0.327%$148K$127Kas long as short
SunX AAOI-USDT0.0000%8h107.91−0.130%$932$1.2M10xas long as short
HTX AAOI-USDT0.0000%8h108.06+0.009%$24K$47K20xas long as short
GRVT AAOI_USDT_Perp+0.0015%8h107.68−0.342%$884$114K10xas long as short
Extended AAOI-USD+0.0016%1h107.96−0.079%$15K$226K10xas long as short
Binance AAOIUSDT+0.0017%8h107.99−0.059%$14.7M$44.9M20xas long as short
BloFin AAOI-USDT+0.0022%8h107.93−0.111%$279K$64K20xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter AAOI+0.0032%1h107.91−0.130%10xas long as short
QFEX AAOI-USD+0.0041%1h107.97−0.074%$1.1M$1.9M10xas long as short
Popdex AAOIUSDT+0.0048%1h107.98−0.065%$586$110K20xas long as short
Bybit AAOIUSDT+0.0051%8h107.95−0.093%$1.7M$2.8M25xas long as short
KuCoin AAOIUSDTMshort+0.0100%8h107.89−0.148%$453K$202K20x
Orderly PERP_AAOI_USDC_mythos+0.0100%8h107.96−0.083%$1K$13K10xas long as short
Aevo AAOI-PERP+0.0104%1h107.97−0.075%10xas long as short
edgeX AAOIUSDC+0.0153%4h107.70−0.322%$13K$265K10xas long as short
Paragon para:AAOI+0.0304%1h107.84−0.194%$226K$721K10xas long as short
tradeXYZ xyz:AAOI+0.0305%1h107.90−0.139%$2.0M$1.4M10xas long as short
OKX AAOI-USDT-SWAP+0.0433%8h108.04−0.009%$5.0M$20.5M20xas long as short