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

AAOI

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit AAOIUSDT112.100.0030pay 0.0030% / 8h7h 45m$1.8M$2.8M25x
ShorttradeXYZ xyz:AAOI112.060.0678get 0.0085% / 1h45m 25s$2.0M$1.4M10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 2 min ago2.67 bp14.5 bp −$1574.7 bp −$747doesn't fitdoesn't fit
Sell tradeXYZ live order book, 1 min ago1.34 bp14.5 bp −$15doesn't fitdoesn't fitdoesn'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
QFEX AAOI-USD−0.0006%1h112.09−0.009%$1.1M$2.5M10xas long as short
Aster AAOIUSDT0.0000%8h111.93−0.149%$41K$37K20xas long as short
Extended AAOI-USD0.0000%1h112.03−0.065%$15K$241K10xas long as short
Binance AAOIUSDT0.0000%8h112.06−0.037%$15.3M$43.6M20xas long as short
OKX AAOI-USDT-SWAP0.0000%8h112.13+0.027%$4.3M$19.4M20xas long as short
Gate AAOI_USDT0.0000%8h112.08−0.018%$4.2M$25.0M50xas long as short
Bitget AAOIUSDT0.0000%8h112.12+0.018%$2.8M$3.2M20xas long as short
Variational Omni AAOI0.0000%8h112.09−0.011%$153K$164Kas long as short
SunX AAOI-USDT0.0000%8h112.04−0.054%$885$1.3M10xas long as short
HTX AAOI-USDT0.0000%8h111.97−0.116%$24K$38K20xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin AAOI-USDT+0.0028%8h112.04−0.054%$244K$63K20xas long as short
Bybit AAOIUSDTlong+0.0030%8h112.10long leg$1.8M$2.8M25x
Lighter AAOI+0.0032%1h111.99−0.098%10xas long as short
Popdex AAOIUSDT+0.0048%1h112.08−0.018%$233$108K20xas long as short
GRVT AAOI_USDT_Perp+0.0052%8h112.07−0.028%$1K$104K10xas long as short
Paragon para:AAOI+0.0060%1h112.09−0.011%$271K$702K10xas long as short
KuCoin AAOIUSDTM+0.0100%8h112.01−0.080%$469K$184K20xas long as short
Orderly PERP_AAOI_USDC_mythos+0.0100%8h112.04−0.054%$2K$14K10xas long as short
Aevo AAOI-PERP+0.0104%1h112.01−0.081%10xas long as short
edgeX AAOIUSDC+0.0189%4h112.02−0.070%$13K$264K10xas long as short
tradeXYZ xyz:AAOIshort+0.0678%1h112.06−0.036%$2.0M$1.4M10x