Funding you earn now, next payment 11:00 UTC−0.0248%/8h= −27.2% APRpaid last 24h −0.011%
Price spread now: Bybit against Extended+0.085%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$810.808% of the position
Funding, last 7 days−0.040%−$4 on $10k
+Price spread, last 4 days (all we have)−0.034%−$3 · spread now +0.085%, 7d avg +0.044%
=Together, before fees−0.074%+ Points / potential airdropExtended: Active · farm board−$7 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.040% dearer against Extended than usual: you sell high and buy low (spread +0.085% now, against its 7-day average of +0.044%): +$4 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 13 hours. At the pace of the last 7 days (−0.040% in total) that is about 7.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.040% in total (about -2.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended AAOI-USD | 108.71 | 0.0248 | pay 0.0031% / 1h | 57m 12s | $19K | $234K | 10x |
| Short | Bybit AAOIUSDT | 108.80 | 0 | get 0.0000% / 8h | 5h 57m | $1.8M | $2.9M | 25x |
Extended AAOI-USD
Bybit AAOIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Extended. 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
- −$52.08
- Price spread: +0.085% → +0.044%
- $4.04
- Slippage, 4 orders
- −$64.84
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$128.88
- Costs to cover
- 0.808%
- Break-even
- never at this rate
Slippage from Extended: live order book, 52 min ago; Bybit: live order book, 3 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 Extended live order book, 52 min ago | 2.42 bp | 15.2 bp −$15 | 134.5 bp −$1,345 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 3.21 bp | 17.5 bp −$18 | 93.2 bp −$932 | doesn't fit | doesn't fit |
AAOI on 21 exchanges
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 | −0.0424% | 8h | 108.79 | +0.076% | $3.3M | $4.3M | 20x | as long as short |
| Aster AAOIUSDT | 0.0000% | 8h | 108.77 | +0.058% | $40K | $43K | 20x | as long as short |
| Bybit AAOIUSDTshort | 0.0000% | 8h | 108.80 | +0.085% | $1.8M | $2.9M | 25x | |
| Gate AAOI_USDT | 0.0000% | 8h | 108.77 | +0.057% | $3.8M | $12.6M | 50x | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 108.70 | −0.007% | $1K | $1.1M | 10x | as long as short |
| HTX AAOI-USDT | 0.0000% | 8h | 108.80 | +0.085% | $24K | $46K | 20x | as long as short |
| QFEX AAOI-USD | +0.0031% | 1h | 108.75 | +0.039% | $1.1M | $1.8M | 10x | as long as short |
| Lighter AAOI | +0.0032% | 1h | 108.74 | +0.030% | — | — | 10x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 108.78 | +0.066% | $984 | $109K | 20x | as long as short |
| tradeXYZ xyz:AAOI | +0.0050% | 1h | 108.78 | +0.066% | $1.9M | $1.7M | 10x | as long as short |
Bitget AAOIUSDT
Aster AAOIUSDT
Gate AAOI_USDT
SunX AAOI-USDT
HTX AAOI-USDT
QFEX AAOI-USD
Lighter AAOI
Popdex AAOIUSDT
tradeXYZ xyz:AAOIShow all 21 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AAOI | +0.0087% | 8h | 108.66 | −0.040% | $116K | $156K | — | as long as short |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 108.78 | +0.066% | $1K | $14K | 10x | as long as short |
| KuCoin AAOIUSDTM | +0.0100% | 8h | 108.71 | +0.002% | $448K | $352K | 20x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 108.81 | +0.093% | — | — | 10x | as long as short |
| edgeX AAOIUSDC | +0.0128% | 4h | 108.71 | −0.001% | $12K | $264K | 10x | as long as short |
| OKX AAOI-USDT-SWAP | +0.0244% | 8h | 108.82 | +0.103% | $4.8M | $21.9M | 20x | as long as short |
| Binance AAOIUSDT | +0.0244% | 8h | 108.75 | +0.042% | $14.8M | $49.3M | 20x | as long as short |
| Extended AAOI-USDlong | +0.0248% | 1h | 108.71 | long leg | $19K | $234K | 10x | |
| BloFin AAOI-USDT | +0.0259% | 8h | 108.79 | +0.076% | $272K | $73K | 20x | as long as short |
| Paragon para:AAOI | +0.0372% | 1h | 108.78 | +0.069% | $227K | $720K | 10x | as long as short |
| GRVT AAOI_USDT_Perp | +0.0795% | 8h | 108.83 | +0.114% | $592 | $110K | 10x | as long as short |
Variational Omni AAOI
Orderly PERP_AAOI_USDC_mythos
KuCoin AAOIUSDTM
Aevo AAOI-PERP
edgeX AAOIUSDC
OKX AAOI-USDT-SWAP
Binance AAOIUSDT
BloFin AAOI-USDT
Paragon para:AAOI
GRVT AAOI_USDT_Perp