Funding you earn now, next payment 08:00 UTC+0.0121%/8h= +13.2% APRnext payment +$1.21 per $10,000 · paid last 24h −0.009%
Price spread now: Bybit against Gate+0.009%7-day average −0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$590.589% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 7 days−0.136%−$14 · spread now +0.009%, 7d avg −0.040%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Bybit is 0.049% dearer against Gate than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.040%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate AAOI_USDT | 111.19 | 0 | get 0.0000% / 8h | 3h 52m | $4.1M | $13.0M | 50x |
| Short | Bybit AAOIUSDT | 111.20 | 0.0121 | get 0.0121% / 8h | 3h 52m | $1.8M | $2.6M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Gate. 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
- $25.38
- Price spread: +0.009% → −0.040%
- $4.94
- Slippage, 4 orders
- −$32.9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$28.58
- Costs to cover
- 0.589%
- Break-even
- 14.9 days
Slippage from Gate: live order book, 1 min ago; Bybit: live order book, 4 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 Gate live order book, 1 min ago | 2.25 bp | 14.6 bp −$15 | 45.8 bp −$458 | 76.8 bp −$7,679 | doesn't fit |
| Sell Bybit live order book, 4 min ago | 2.25 bp | 17.9 bp −$18 | 93.2 bp −$932 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster AAOIUSDT | 0.0000% | 8h | 111.17 | −0.018% | $41K | $37K | 20x | as long as short |
| Extended AAOI-USD | 0.0000% | 1h | 111.16 | −0.028% | $16K | $213K | 10x | as long as short |
| Binance AAOIUSDT | 0.0000% | 8h | 111.22 | +0.027% | $15.1M | $42.2M | 20x | as long as short |
| Gate AAOI_USDTlong | 0.0000% | 8h | 111.19 | long leg | $4.1M | $13.0M | 50x | |
| Bitget AAOIUSDT | 0.0000% | 8h | 111.25 | +0.054% | $2.8M | $3.0M | 20x | as long as short |
| Variational Omni AAOI | 0.0000% | 8h | 111.10 | −0.085% | $152K | $131K | — | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 111.19 | 0.000% | $1K | $1.2M | 10x | as long as short |
| HTX AAOI-USDT | 0.0000% | 8h | 111.18 | −0.009% | $24K | $44K | 20x | as long as short |
| BloFin AAOI-USDT | +0.0018% | 8h | 111.26 | +0.063% | $269K | $63K | 20x | as long as short |
| GRVT AAOI_USDT_Perp | +0.0026% | 8h | 111.26 | +0.064% | $412 | $104K | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter AAOI | +0.0032% | 1h | 111.22 | +0.027% | — | — | 10x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 111.22 | +0.027% | $1K | $109K | 20x | as long as short |
| QFEX AAOI-USD | +0.0076% | 1h | 111.21 | +0.018% | $1.1M | $2.1M | 10x | as long as short |
| KuCoin AAOIUSDTM | +0.0100% | 8h | 111.23 | +0.036% | $466K | $183K | 20x | as long as short |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 111.20 | +0.009% | $2K | $13K | 10x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 111.20 | +0.008% | — | — | 10x | as long as short |
| Bybit AAOIUSDTshort | +0.0121% | 8h | 111.20 | +0.009% | $1.8M | $2.6M | 25x | |
| OKX AAOI-USDT-SWAP | +0.0270% | 8h | 111.23 | +0.036% | $4.8M | $19.5M | 20x | as long as short |
| tradeXYZ xyz:AAOI | +0.0430% | 1h | 111.21 | +0.018% | $2.0M | $1.4M | 10x | as long as short |
| Paragon para:AAOI | +0.0497% | 1h | 111.25 | +0.058% | $236K | $719K | 10x | as long as short |
| edgeX AAOIUSDC | +0.0673% | 4h | 111.12 | −0.060% | $13K | $263K | 10x | as long as short |
Gate AAOI_USDT
Bybit AAOIUSDT
Aster AAOIUSDT
Extended AAOI-USD
Binance AAOIUSDT
Bitget AAOIUSDT
Variational Omni AAOI
SunX AAOI-USDT
HTX AAOI-USDT
BloFin AAOI-USDT
GRVT AAOI_USDT_Perp
Lighter AAOI
Popdex AAOIUSDT
KuCoin AAOIUSDTM
OKX AAOI-USDT-SWAP
tradeXYZ xyz:AAOI
Paragon para:AAOI
edgeX AAOIUSDC