Funding you earn now, next payment 08:00 UTC+0.0465%/8h= +50.9% APRnext payment +$4.65 per $10,000 · paid last 24h +0.001%
Price spread now: OKX against Bitget−0.027%7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$570.572% of the position
Funding, last 7 days+0.155%+$16 on $10k
+Price spread, last 7 days+0.048%+$5 · spread now −0.027%, 7d avg +0.018%
=Funding pays, the price is against you. OKX is 0.046% cheaper against Bitget than usual: you would sell low and buy high (spread −0.027% now, against its 7-day average of +0.018%). If the spread goes back, that is −$5 on $10k: about 8 hours of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.155% in total) that is about 2.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.155% in total (about 8.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.65 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 | 109.78 | −0.0138 | get 0.0138% / 8h | 3h 22m | $2.7M | $3.0M | 20x |
| Short | OKX AAOI-USDT-SWAP | 109.75 | 0.0327 | get 0.0327% / 8h | 3h 22m | $4.8M | $19.6M | 20x |
Bitget AAOIUSDT
OKX AAOI-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $97.68
- Price spread: −0.027% → +0.018%
- −$4.56
- Slippage, 4 orders
- −$35.24
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $35.88
- Costs to cover
- 0.572%
- Break-even
- 4.4 days
Slippage from Bitget: live order book, just now; OKX: live order book, 1 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, just now | 3.19 bp | 20.8 bp −$21 | 43.3 bp −$433 | 104.4 bp −$10.4K | doesn't fit |
| Sell OKX live order book, 1 min ago | 0.46 bp | 10.6 bp −$11 | 40.5 bp −$405 | 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 | −0.0138% | 8h | 109.78 | long leg | $2.7M | $3.0M | 20x | |
| BloFin AAOI-USDT | −0.0002% | 8h | 109.64 | −0.128% | $267K | $63K | 20x | as long as short |
| Aster AAOIUSDT | 0.0000% | 8h | 109.50 | −0.255% | $40K | $37K | 20x | as long as short |
| Extended AAOI-USD | 0.0000% | 1h | 109.51 | −0.247% | $14K | $214K | 10x | as long as short |
| Binance AAOIUSDT | 0.0000% | 8h | 109.55 | −0.214% | $14.9M | $42.6M | 20x | as long as short |
| Gate AAOI_USDT | 0.0000% | 8h | 109.63 | −0.137% | $3.9M | $13.1M | 50x | as long as short |
| Variational Omni AAOI | 0.0000% | 8h | 109.89 | +0.100% | $151K | $131K | — | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 109.56 | −0.200% | $924 | $1.2M | 10x | as long as short |
| HTX AAOI-USDT | 0.0000% | 8h | 109.51 | −0.246% | $24K | $44K | 20x | as long as short |
| Lighter AAOI | +0.0032% | 1h | 109.60 | −0.164% | — | — | 10x | as long as short |
BloFin AAOI-USDT
Aster AAOIUSDT
Extended AAOI-USD
Binance AAOIUSDT
Gate AAOI_USDT
Variational Omni AAOI
SunX AAOI-USDT
HTX AAOI-USDT
Lighter AAOIShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT AAOI_USDT_Perp | +0.0035% | 8h | 109.62 | −0.142% | $875 | $108K | 10x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 109.61 | −0.155% | $1K | $109K | 20x | as long as short |
| QFEX AAOI-USD | +0.0076% | 1h | 109.55 | −0.210% | $1.1M | $2.0M | 10x | as long as short |
| KuCoin AAOIUSDTM | +0.0100% | 8h | 109.59 | −0.173% | $459K | $188K | 20x | as long as short |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 109.54 | −0.219% | $2K | $13K | 10x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 109.52 | −0.236% | — | — | 10x | as long as short |
| edgeX AAOIUSDC | +0.0108% | 4h | 110.18 | +0.360% | $13K | $263K | 10x | as long as short |
| Bybit AAOIUSDT | +0.0122% | 8h | 109.66 | −0.109% | $1.8M | $2.7M | 25x | as long as short |
| OKX AAOI-USDT-SWAPshort | +0.0327% | 8h | 109.75 | −0.027% | $4.8M | $19.6M | 20x | |
| tradeXYZ xyz:AAOI | +0.0355% | 1h | 109.60 | −0.164% | $2.0M | $1.4M | 10x | as long as short |
| Paragon para:AAOI | +0.0443% | 1h | 109.41 | −0.340% | $231K | $719K | 10x | as long as short |
GRVT AAOI_USDT_Perp
Popdex AAOIUSDT
QFEX AAOI-USD
KuCoin AAOIUSDTM
Orderly PERP_AAOI_USDC_mythos
Aevo AAOI-PERP
edgeX AAOIUSDC
Bybit AAOIUSDT
tradeXYZ xyz:AAOI
Paragon para:AAOI