Funding you earn now, next payment 01:00 UTC+0.0647%/8h= +70.9% APRpaid last 24h +0.044%
Price spread now: tradeXYZ against Bybit−0.036%7-day average −0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$600.597% of the position
Funding, last 7 days+0.155%+$15 on $10k
+Price spread, last 7 days+0.012%+$1 · spread now −0.036%, 7d avg −0.065%
=Together, before fees+0.167%+ Points / potential airdroptradeXYZ: Active · farm board+$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and tradeXYZ is 0.030% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.065%.
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. 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 | Bybit AAOIUSDT | 112.10 | 0.0030 | pay 0.0030% / 8h | 7h 45m | $1.8M | $2.8M | 25x |
| Short | tradeXYZ xyz:AAOI | 112.06 | 0.0678 | get 0.0085% / 1h | 45m 25s | $2.0M | $1.4M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $135.93
- Price spread: −0.036% → −0.065%
- $2.95
- Slippage, 4 orders
- −$30.73
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $79.15
- Costs to cover
- 0.597%
- Break-even
- 2.9 days
Slippage from Bybit: live order book, 2 min ago; tradeXYZ: 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 Bybit live order book, 2 min ago | 2.67 bp | 14.5 bp −$15 | 74.7 bp −$747 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 1 min ago | 1.34 bp | 14.5 bp −$15 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX AAOI-USD | −0.0006% | 1h | 112.09 | −0.009% | $1.1M | $2.5M | 10x | as long as short |
| Aster AAOIUSDT | 0.0000% | 8h | 111.93 | −0.149% | $41K | $37K | 20x | as long as short |
| Extended AAOI-USD | 0.0000% | 1h | 112.03 | −0.065% | $15K | $241K | 10x | as long as short |
| Binance AAOIUSDT | 0.0000% | 8h | 112.06 | −0.037% | $15.3M | $43.6M | 20x | as long as short |
| OKX AAOI-USDT-SWAP | 0.0000% | 8h | 112.13 | +0.027% | $4.3M | $19.4M | 20x | as long as short |
| Gate AAOI_USDT | 0.0000% | 8h | 112.08 | −0.018% | $4.2M | $25.0M | 50x | as long as short |
| Bitget AAOIUSDT | 0.0000% | 8h | 112.12 | +0.018% | $2.8M | $3.2M | 20x | as long as short |
| Variational Omni AAOI | 0.0000% | 8h | 112.09 | −0.011% | $153K | $164K | — | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 112.04 | −0.054% | $885 | $1.3M | 10x | as long as short |
| HTX AAOI-USDT | 0.0000% | 8h | 111.97 | −0.116% | $24K | $38K | 20x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin AAOI-USDT | +0.0028% | 8h | 112.04 | −0.054% | $244K | $63K | 20x | as long as short |
| Bybit AAOIUSDTlong | +0.0030% | 8h | 112.10 | long leg | $1.8M | $2.8M | 25x | |
| Lighter AAOI | +0.0032% | 1h | 111.99 | −0.098% | — | — | 10x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 112.08 | −0.018% | $233 | $108K | 20x | as long as short |
| GRVT AAOI_USDT_Perp | +0.0052% | 8h | 112.07 | −0.028% | $1K | $104K | 10x | as long as short |
| Paragon para:AAOI | +0.0060% | 1h | 112.09 | −0.011% | $271K | $702K | 10x | as long as short |
| KuCoin AAOIUSDTM | +0.0100% | 8h | 112.01 | −0.080% | $469K | $184K | 20x | as long as short |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 112.04 | −0.054% | $2K | $14K | 10x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 112.01 | −0.081% | — | — | 10x | as long as short |
| edgeX AAOIUSDC | +0.0189% | 4h | 112.02 | −0.070% | $13K | $264K | 10x | as long as short |
| tradeXYZ xyz:AAOIshort | +0.0678% | 1h | 112.06 | −0.036% | $2.0M | $1.4M | 10x |
Bybit AAOIUSDT
tradeXYZ xyz:AAOI
Aster AAOIUSDT
Extended AAOI-USD
Binance AAOIUSDT
OKX AAOI-USDT-SWAP
Gate AAOI_USDT
Bitget AAOIUSDT
Variational Omni AAOI
SunX AAOI-USDT
HTX AAOI-USDT
BloFin AAOI-USDT
Lighter AAOI
Popdex AAOIUSDT
GRVT AAOI_USDT_Perp
Paragon para:AAOI
KuCoin AAOIUSDTM
edgeX AAOIUSDC