Funding you earn now, next payment 06:00 UTC−0.0037%/8h= −4.0% APRpaid last 24h −0.076%
Price spread now: tradeXYZ against edgeX−0.103%106s7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$600.602% of the position
Funding, last 7 days−0.613%−$61 on $10k
+Price spread, last 4 days (all we have)−0.195%−$20 · spread now −0.103%, 7d avg −0.055%
=Together, before fees−0.809%+ Points / potential airdropedgeX: Active · tradeXYZ: Active · farm board−$81 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and tradeXYZ is 0.048% cheaper against edgeX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.055%). Swap the legs. The two prices were read 106 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX AAOIUSDC | 108.97 | 0.0287 | pay 0.0143% / 4h | 2h 45m | $13K | $264K | 10x |
| Short | tradeXYZ xyz:AAOI | 108.86 | 0.0250 | get 0.0031% / 1h | 45m 44s | $2.0M | $1.4M | 10x |
edgeX AAOIUSDC
tradeXYZ xyz:AAOIFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against edgeX. 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
- −$7.72
- Price spread: −0.103% → −0.055%
- −$4.85
- Slippage, 4 orders
- −$33.21
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$72.77
- Costs to cover
- 0.602%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 2 min ago; tradeXYZ: live order book, 2 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 edgeX live order book, 2 min ago | 4.14 bp | 15.4 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 2 min ago | 2.30 bp | 15.9 bp −$16 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget AAOIUSDT | −0.0988% | 8h | 108.94 | −0.030% | $2.8M | $3.3M | 20x | as long as short |
| BloFin AAOI-USDT | −0.0020% | 8h | 108.95 | −0.021% | $271K | $63K | 20x | as long as short |
| Aster AAOIUSDT | 0.0000% | 8h | 108.80 | −0.163% | $40K | $37K | 20x | as long as short |
| Extended AAOI-USD | 0.0000% | 1h | 108.82 | −0.139% | $15K | $235K | 10x | as long as short |
| Binance AAOIUSDT | 0.0000% | 8h | 108.90 | −0.067% | $14.8M | $43.6M | 20x | as long as short |
| Gate AAOI_USDT | 0.0000% | 8h | 108.83 | −0.131% | $3.8M | $13.1M | 50x | as long as short |
| Variational Omni AAOI | 0.0000% | 8h | 108.82 | −0.144% | $149K | $129K | — | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 108.87 | −0.094% | $1K | $1.2M | 10x | as long as short |
| HTX AAOI-USDT | 0.0000% | 8h | 108.93 | −0.039% | $24K | $45K | 20x | as long as short |
| GRVT AAOI_USDT_Perp | +0.0025% | 8h | 109.15 | +0.163% | $661 | $113K | 10x | as long as short |
Bitget AAOIUSDT
BloFin AAOI-USDT
Aster AAOIUSDT
Extended AAOI-USD
Binance AAOIUSDT
Gate AAOI_USDT
Variational Omni AAOI
SunX AAOI-USDT
HTX AAOI-USDT
GRVT AAOI_USDT_PerpShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter AAOI | +0.0032% | 1h | 108.83 | −0.131% | — | — | 10x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 108.92 | −0.048% | $183 | $110K | 20x | as long as short |
| QFEX AAOI-USD | +0.0054% | 1h | 108.98 | +0.007% | $1.1M | $2.0M | 10x | as long as short |
| Bybit AAOIUSDT | +0.0084% | 8h | 108.87 | −0.094% | $1.7M | $2.7M | 25x | as long as short |
| KuCoin AAOIUSDTM | +0.0100% | 8h | 108.80 | −0.159% | $456K | $195K | 20x | as long as short |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 108.79 | −0.168% | $2K | $13K | 10x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 108.81 | −0.148% | — | — | 10x | as long as short |
| tradeXYZ xyz:AAOIshort | +0.0250% | 1h | 108.86 | −0.103% | $2.0M | $1.4M | 10x | |
| edgeX AAOIUSDClong | +0.0287% | 4h | 108.97 | long leg | $13K | $264K | 10x | |
| OKX AAOI-USDT-SWAP | +0.0385% | 8h | 108.99 | +0.016% | $4.9M | $20.0M | 20x | as long as short |
| Paragon para:AAOI | +0.0449% | 1h | 108.81 | −0.146% | $229K | $720K | 10x | as long as short |
Lighter AAOI
Popdex AAOIUSDT
QFEX AAOI-USD
Bybit AAOIUSDT
KuCoin AAOIUSDTM
Orderly PERP_AAOI_USDC_mythos
Aevo AAOI-PERP
OKX AAOI-USDT-SWAP
Paragon para:AAOI