Funding you earn now, next payment 00:00 UTC+0.0023%/8h= +2.5% APRnext payment +$0.23 per $10,000 · paid last 24h +0.006%
Price spread now: Binance against BloFin+0.099%71s7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$390.389% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 2 days (all we have)−0.125%−$12 · spread now +0.099%, 7d avg +0.011%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.088% dearer against BloFin than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.011%. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin AAOI-USDT | 110.58 | −0.0023 | get 0.0023% / 8h | 1h 03m | $242K | $68K | 20x |
| Short | Binance AAOIUSDT | 110.69 | 0 | get 0.0000% / 8h | 1h 03m | $15.2M | $43.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- $4.81
- Price spread: +0.099% → +0.011%
- $8.83
- Slippage, 4 orders
- −$16.94
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$25.3
- Costs to cover
- 0.389%
- Break-even
- 43.9 days
Slippage from BloFin: live order book, 7 min ago; Binance: live order book, 8 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 BloFin live order book, 7 min ago | 2.71 bp | 8.7 bp −$9 | 22.1 bp −$221 | 66.7 bp −$6,670 | doesn't fit |
| Sell Binance live order book, 8 min ago | 0.90 bp | 10.8 bp −$11 | 34.1 bp −$341 | 117.3 bp −$11.7K | 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX AAOI-USD | −0.0034% | 1h | 110.64 | +0.054% | $1.1M | $2.6M | 10x | as long as short |
| BloFin AAOI-USDTlong | −0.0023% | 8h | 110.58 | long leg | $242K | $68K | 20x | |
| Aster AAOIUSDT | 0.0000% | 8h | 110.56 | −0.019% | $41K | $37K | 20x | as long as short |
| Extended AAOI-USD | 0.0000% | 1h | 110.67 | +0.080% | $17K | $209K | 10x | as long as short |
| Binance AAOIUSDTshort | 0.0000% | 8h | 110.69 | +0.099% | $15.2M | $43.4M | 20x | |
| Bybit AAOIUSDT | 0.0000% | 8h | 110.75 | +0.154% | $1.9M | $2.8M | 25x | as long as short |
| OKX AAOI-USDT-SWAP | 0.0000% | 8h | 110.72 | +0.127% | $4.3M | $19.0M | 20x | as long as short |
| Gate AAOI_USDT | 0.0000% | 8h | 110.72 | +0.127% | $4.1M | $30.9M | 50x | as long as short |
| Bitget AAOIUSDT | 0.0000% | 8h | 110.74 | +0.145% | $2.8M | $3.1M | 20x | as long as short |
| Variational Omni AAOI | 0.0000% | 8h | 110.60 | +0.018% | $152K | $167K | — | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT AAOI_USDT_Perp | 0.0000% | 8h | 110.60 | +0.018% | $956 | $112K | 10x | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 110.57 | −0.009% | $967 | $1.3M | 10x | as long as short |
| HTX AAOI-USDT | 0.0000% | 8h | 110.74 | +0.145% | $24K | $37K | 20x | as long as short |
| Lighter AAOI | +0.0032% | 1h | 110.62 | +0.036% | — | — | 10x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 110.67 | +0.081% | $1K | $111K | 20x | as long as short |
| Paragon para:AAOI | +0.0060% | 1h | 110.72 | +0.124% | $277K | $696K | 10x | as long as short |
| tradeXYZ xyz:AAOI | +0.0072% | 1h | 110.66 | +0.072% | $2.2M | $1.3M | 10x | as long as short |
| KuCoin AAOIUSDTM | +0.0100% | 8h | 110.64 | +0.054% | $464K | $186K | 20x | as long as short |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 110.62 | +0.036% | $2K | $13K | 10x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 110.63 | +0.043% | — | — | 10x | as long as short |
| edgeX AAOIUSDC | +0.1000% | 4h | 110.59 | +0.013% | $13K | $263K | 10x | as long as short |
BloFin AAOI-USDT
Binance AAOIUSDT
Aster AAOIUSDT
Extended AAOI-USD
Bybit AAOIUSDT
OKX AAOI-USDT-SWAP
Gate AAOI_USDT
Bitget AAOIUSDT
Variational Omni AAOI
GRVT AAOI_USDT_Perp
SunX AAOI-USDT
HTX AAOI-USDT
Lighter AAOI
Popdex AAOIUSDT
Paragon para:AAOI
tradeXYZ xyz:AAOI
KuCoin AAOIUSDTM
edgeX AAOIUSDC