Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.017%
Price spread now: Binance against Bybit−0.073%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$690.693% of the position
Funding, last 7 days+0.071%+$7 on $10k
+Price spread, last 2 days (all we have)+0.039%+$4 · spread now −0.073%, 7d avg −0.019%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.054% cheaper against Bybit than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.019%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit AAOIUSDT | 110.11 | 0 | get 0.0000% / 8h | 2h 01m | $1.9M | $2.8M | 25x |
| Short | Binance AAOIUSDT | 110.03 | 0 | get 0.0000% / 8h | 2h 01m | $15.1M | $43.2M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- $0
- Price spread: −0.073% → −0.019%
- −$5.41
- Slippage, 4 orders
- −$48.3
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$74.71
- Costs to cover
- 0.693%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; Binance: live order book, 11 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 Bybit live order book, 1 min ago | 1.82 bp | 22.4 bp −$22 | 76.7 bp −$767 | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 1.37 bp | 13.5 bp −$13 | 42.7 bp −$427 | 140.7 bp −$14.1K | 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 | 0.0000% | 1h | 110.00 | −0.100% | $1.1M | $2.5M | 10x | as long as short |
| Aster AAOIUSDT | 0.0000% | 8h | 109.91 | −0.177% | $40K | $37K | 20x | as long as short |
| Extended AAOI-USD | 0.0000% | 1h | 109.99 | −0.109% | $17K | $209K | 10x | as long as short |
| Binance AAOIUSDTshort | 0.0000% | 8h | 110.03 | −0.073% | $15.1M | $43.2M | 20x | |
| Bybit AAOIUSDTlong | 0.0000% | 8h | 110.11 | long leg | $1.9M | $2.8M | 25x | |
| OKX AAOI-USDT-SWAP | 0.0000% | 8h | 110.08 | −0.027% | $4.3M | $18.7M | 20x | as long as short |
| Gate AAOI_USDT | 0.0000% | 8h | 110.06 | −0.045% | $4.1M | $30.8M | 50x | as long as short |
| Bitget AAOIUSDT | 0.0000% | 8h | 110.13 | +0.018% | $2.8M | $3.2M | 20x | as long as short |
| Variational Omni AAOI | 0.0000% | 8h | 109.94 | −0.154% | $172K | $146K | — | as long as short |
| GRVT AAOI_USDT_Perp | 0.0000% | 8h | 109.94 | −0.154% | $494 | $122K | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX AAOI-USDT | 0.0000% | 8h | 110.00 | −0.100% | $964 | $1.3M | 10x | as long as short |
| HTX AAOI-USDT | 0.0000% | 8h | 109.98 | −0.118% | $24K | $35K | 20x | as long as short |
| BloFin AAOI-USDT | +0.0012% | 8h | 109.96 | −0.136% | $246K | $67K | 20x | as long as short |
| Lighter AAOI | +0.0032% | 1h | 110.01 | −0.091% | — | — | 10x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 110.01 | −0.091% | $1K | $111K | 20x | as long as short |
| tradeXYZ xyz:AAOI | +0.0050% | 1h | 110.05 | −0.054% | $2.2M | $1.3M | 10x | as long as short |
| Paragon para:AAOI | +0.0079% | 1h | 110.08 | −0.027% | $276K | $697K | 10x | as long as short |
| KuCoin AAOIUSDTM | +0.0100% | 8h | 110.00 | −0.100% | $461K | $184K | 20x | as long as short |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 110.02 | −0.082% | $2K | $13K | 10x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 110.02 | −0.083% | — | — | 10x | as long as short |
| edgeX AAOIUSDC | +0.0975% | 4h | 109.93 | −0.162% | $13K | $262K | 10x | as long as short |
Bybit AAOIUSDT
Binance AAOIUSDT
Aster AAOIUSDT
Extended AAOI-USD
OKX AAOI-USDT-SWAP
Gate AAOI_USDT
Bitget AAOIUSDT
Variational Omni AAOI
GRVT AAOI_USDT_Perp
SunX AAOI-USDT
HTX AAOI-USDT
BloFin AAOI-USDT
Lighter AAOI
Popdex AAOIUSDT
tradeXYZ xyz:AAOI
Paragon para:AAOI
KuCoin AAOIUSDTM
edgeX AAOIUSDC