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

AAOI

RWAall AAOI markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.088%+$9 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit AAOIUSDT110.910.0125pay 0.0125% / 8h3h 46m$1.8M$2.6M25x
ShortBloFin AAOI-USDT110.85−0.0015pay 0.0015% / 8h3h 46m$268K$63K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 1 min ago2.25 bp11.7 bp −$12105.4 bp −$1,054doesn't fitdoesn't fit
Sell BloFin live order book, 45 min ago0.89 bp11.8 bp −$1227.2 bp −$27271.5 bp −$7,152doesn'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
BloFin AAOI-USDTshort−0.0015%8h110.85−0.054%$268K$63K20x
Aster AAOIUSDT0.0000%8h110.81−0.094%$41K$37K20xas long as short
Extended AAOI-USD0.0000%1h110.85−0.052%$16K$213K10xas long as short
Binance AAOIUSDT0.0000%8h110.89−0.016%$15.0M$42.2M20xas long as short
Gate AAOI_USDT0.0000%8h110.86−0.045%$4.1M$13.0M50xas long as short
Bitget AAOIUSDT0.0000%8h110.89−0.018%$2.8M$3.0M20xas long as short
Variational Omni AAOI0.0000%8h111.06+0.131%$152K$131Kas long as short
SunX AAOI-USDT0.0000%8h110.87−0.036%$1K$1.2M10xas long as short
HTX AAOI-USDT0.0000%8h110.87−0.036%$24K$44K20xas long as short
GRVT AAOI_USDT_Perp+0.0024%8h110.80−0.099%$660$105K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter AAOI+0.0032%1h110.84−0.063%10xas long as short
Popdex AAOIUSDT+0.0048%1h110.90−0.009%$1K$109K20xas long as short
QFEX AAOI-USD+0.0076%1h110.90−0.009%$1.1M$2.0M10xas long as short
KuCoin AAOIUSDTM+0.0100%8h110.89−0.018%$464K$184K20xas long as short
Orderly PERP_AAOI_USDC_mythos+0.0100%8h110.80−0.099%$2K$13K10xas long as short
Aevo AAOI-PERP+0.0104%1h110.82−0.081%10xas long as short
Bybit AAOIUSDTlong+0.0125%8h110.91long leg$1.8M$2.6M25x
OKX AAOI-USDT-SWAP+0.0284%8h110.93+0.018%$4.8M$19.6M20xas long as short
edgeX AAOIUSDC+0.0339%4h110.74−0.156%$13K$264K10xas long as short
tradeXYZ xyz:AAOI+0.0373%1h110.88−0.027%$2.0M$1.4M10xas long as short
Paragon para:AAOI+0.0457%1h110.82−0.085%$235K$719K10xas long as short