Funding you earn now, next payment 08:00 UTC−0.0140%/8h= −15.3% APRnext payment −$1.40 per $10,000 · paid last 24h +0.008%
Price spread now: BloFin against Bybit−0.054%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$580.581% of the position
Funding, last 7 days+0.075%+$8 on $10k
+Price spread, last 4 days (all we have)+0.013%+$1 · spread now −0.054%, 7d avg −0.023%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and BloFin is 0.031% cheaper against Bybit than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.023%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.075%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit AAOIUSDT | 110.91 | 0.0125 | pay 0.0125% / 8h | 3h 46m | $1.8M | $2.6M | 25x |
| Short | BloFin AAOI-USDT | 110.85 | −0.0015 | pay 0.0015% / 8h | 3h 46m | $268K | $63K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$29.38
- Price spread: −0.054% → −0.023%
- −$3.09
- Slippage, 4 orders
- −$35.07
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$90.54
- Costs to cover
- 0.581%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; BloFin: live order book, 45 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 | 2.25 bp | 11.7 bp −$12 | 105.4 bp −$1,054 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 45 min ago | 0.89 bp | 11.8 bp −$12 | 27.2 bp −$272 | 71.5 bp −$7,152 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin AAOI-USDTshort | −0.0015% | 8h | 110.85 | −0.054% | $268K | $63K | 20x | |
| Aster AAOIUSDT | 0.0000% | 8h | 110.81 | −0.094% | $41K | $37K | 20x | as long as short |
| Extended AAOI-USD | 0.0000% | 1h | 110.85 | −0.052% | $16K | $213K | 10x | as long as short |
| Binance AAOIUSDT | 0.0000% | 8h | 110.89 | −0.016% | $15.0M | $42.2M | 20x | as long as short |
| Gate AAOI_USDT | 0.0000% | 8h | 110.86 | −0.045% | $4.1M | $13.0M | 50x | as long as short |
| Bitget AAOIUSDT | 0.0000% | 8h | 110.89 | −0.018% | $2.8M | $3.0M | 20x | as long as short |
| Variational Omni AAOI | 0.0000% | 8h | 111.06 | +0.131% | $152K | $131K | — | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 110.87 | −0.036% | $1K | $1.2M | 10x | as long as short |
| HTX AAOI-USDT | 0.0000% | 8h | 110.87 | −0.036% | $24K | $44K | 20x | as long as short |
| GRVT AAOI_USDT_Perp | +0.0024% | 8h | 110.80 | −0.099% | $660 | $105K | 10x | 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 | 110.84 | −0.063% | — | — | 10x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 110.90 | −0.009% | $1K | $109K | 20x | as long as short |
| QFEX AAOI-USD | +0.0076% | 1h | 110.90 | −0.009% | $1.1M | $2.0M | 10x | as long as short |
| KuCoin AAOIUSDTM | +0.0100% | 8h | 110.89 | −0.018% | $464K | $184K | 20x | as long as short |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 110.80 | −0.099% | $2K | $13K | 10x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 110.82 | −0.081% | — | — | 10x | as long as short |
| Bybit AAOIUSDTlong | +0.0125% | 8h | 110.91 | long leg | $1.8M | $2.6M | 25x | |
| OKX AAOI-USDT-SWAP | +0.0284% | 8h | 110.93 | +0.018% | $4.8M | $19.6M | 20x | as long as short |
| edgeX AAOIUSDC | +0.0339% | 4h | 110.74 | −0.156% | $13K | $264K | 10x | as long as short |
| tradeXYZ xyz:AAOI | +0.0373% | 1h | 110.88 | −0.027% | $2.0M | $1.4M | 10x | as long as short |
| Paragon para:AAOI | +0.0457% | 1h | 110.82 | −0.085% | $235K | $719K | 10x | as long as short |
Bybit AAOIUSDT
BloFin AAOI-USDT
Aster AAOIUSDT
Extended AAOI-USD
Binance AAOIUSDT
Gate AAOI_USDT
Bitget AAOIUSDT
Variational Omni AAOI
SunX AAOI-USDT
HTX AAOI-USDT
GRVT AAOI_USDT_Perp
Lighter AAOI
Popdex AAOIUSDT
KuCoin AAOIUSDTM
OKX AAOI-USDT-SWAP
edgeX AAOIUSDC
tradeXYZ xyz:AAOI
Paragon para:AAOI