Funding you earn now, next payment 11:00 UTC−0.0770%/8h= −84.3% APRpaid last 24h +0.008%
Price spread now: QFEX against GRVT+0.248%7-day average −0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$570.568% of the position
Funding, last 4 days (all we have)−0.124%−$12 on $10k
+Price spread, last 4 days (all we have)−0.633%−$63 · spread now +0.248%, 7d avg −0.054%
=Together, before fees−0.757%+ Points / potential airdropGRVT: Active · farm board−$76 on $10k · with fees, hour by hour
The price spread pays, funding is against you. QFEX is 0.302% dearer against GRVT than usual: you sell high and buy low (spread +0.248% now, against its 7-day average of −0.054%): +$30 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 31 hours. At the pace of the last 4 days (−0.124% in total) that is about 9.4 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.124% in total (about -11.8% 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 | GRVT AAOI_USDT_Perp | 108.96 | 0.0801 | pay 0.0801% / 8h | 5h 49m | $593 | $110K | 10x |
| Short | QFEX AAOI-USD | 109.23 | 0.0031 | get 0.0004% / 1h | 49m 23s | $1.1M | $1.8M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against GRVT. 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
- −$161.69
- Price spread: +0.248% → −0.054%
- $30.2
- Slippage, 4 orders
- −$37.76
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$188.25
- Costs to cover
- 0.568%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 59 min ago; QFEX: live order book, 6 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 GRVT live order book, 59 min ago | 2.79 bp | 21.3 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 6 min ago | 2.76 bp | 7.8 bp −$8 | 13.5 bp −$135 | 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 | −0.0345% | 8h | 109.23 | +0.248% | $3.3M | $4.3M | 20x | as long as short |
| Aster AAOIUSDT | 0.0000% | 8h | 109.30 | +0.312% | $40K | $43K | 20x | as long as short |
| Bybit AAOIUSDT | 0.0000% | 8h | 109.26 | +0.275% | $1.8M | $2.9M | 25x | as long as short |
| Gate AAOI_USDT | 0.0000% | 8h | 109.23 | +0.248% | $3.8M | $12.7M | 50x | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 108.94 | −0.018% | $1K | $1.1M | 10x | as long as short |
| HTX AAOI-USDT | 0.0000% | 8h | 108.97 | +0.009% | $24K | $46K | 20x | as long as short |
| QFEX AAOI-USDshort | +0.0031% | 1h | 109.23 | +0.248% | $1.1M | $1.8M | 10x | |
| Lighter AAOI | +0.0032% | 1h | 109.17 | +0.193% | — | — | 10x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 109.21 | +0.229% | $944 | $109K | 20x | as long as short |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 109.21 | +0.229% | $1K | $14K | 10x | as long as short |
Show all 21 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin AAOIUSDTM | +0.0100% | 8h | 109.20 | +0.220% | $449K | $358K | 20x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 109.06 | +0.093% | — | — | 10x | as long as short |
| Variational Omni AAOI | +0.0121% | 8h | 109.08 | +0.112% | $117K | $156K | — | as long as short |
| tradeXYZ xyz:AAOI | +0.0137% | 1h | 109.22 | +0.239% | $1.9M | $1.7M | 10x | as long as short |
| edgeX AAOIUSDC | +0.0236% | 4h | 109.02 | +0.055% | $12K | $264K | 10x | as long as short |
| OKX AAOI-USDT-SWAP | +0.0237% | 8h | 109.19 | +0.211% | $4.8M | $22.3M | 20x | as long as short |
| BloFin AAOI-USDT | +0.0242% | 8h | 109.08 | +0.110% | $273K | $73K | 20x | as long as short |
| Extended AAOI-USD | +0.0272% | 1h | 109.20 | +0.223% | $14K | $238K | 10x | as long as short |
| Binance AAOIUSDT | +0.0273% | 8h | 109.20 | +0.219% | $14.8M | $49.5M | 20x | as long as short |
| Paragon para:AAOI | +0.0400% | 1h | 109.33 | +0.335% | $228K | $720K | 10x | as long as short |
| GRVT AAOI_USDT_Perplong | +0.0801% | 8h | 108.96 | long leg | $593 | $110K | 10x |
GRVT AAOI_USDT_Perp
Bitget AAOIUSDT
Aster AAOIUSDT
Bybit AAOIUSDT
Gate AAOI_USDT
SunX AAOI-USDT
HTX AAOI-USDT
Lighter AAOI
Popdex AAOIUSDT
KuCoin AAOIUSDTM
Variational Omni AAOI
tradeXYZ xyz:AAOI
edgeX AAOIUSDC
OKX AAOI-USDT-SWAP
BloFin AAOI-USDT
Extended AAOI-USD
Binance AAOIUSDT
Paragon para:AAOI