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

AAOI

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Alert: funding
Alert: spread
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 − costsunder 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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT AAOI_USDT_Perp108.960.0801pay 0.0801% / 8h5h 49m$593$110K10x
ShortQFEX AAOI-USD109.230.0031get 0.0004% / 1h49m 23s$1.1M$1.8M10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy GRVT live order book, 59 min ago2.79 bp21.3 bp −$21doesn't fitdoesn't fitdoesn't fit
Sell QFEX live order book, 6 min ago2.76 bp7.8 bp −$813.5 bp −$135doesn't fitdoesn't fit

AAOI on 21 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AAOIUSDT−0.0345%8h109.23+0.248%$3.3M$4.3M20xas long as short
Aster AAOIUSDT0.0000%8h109.30+0.312%$40K$43K20xas long as short
Bybit AAOIUSDT0.0000%8h109.26+0.275%$1.8M$2.9M25xas long as short
Gate AAOI_USDT0.0000%8h109.23+0.248%$3.8M$12.7M50xas long as short
SunX AAOI-USDT0.0000%8h108.94−0.018%$1K$1.1M10xas long as short
HTX AAOI-USDT0.0000%8h108.97+0.009%$24K$46K20xas long as short
QFEX AAOI-USDshort+0.0031%1h109.23+0.248%$1.1M$1.8M10x
Lighter AAOI+0.0032%1h109.17+0.193%10xas long as short
Popdex AAOIUSDT+0.0048%1h109.21+0.229%$944$109K20xas long as short
Orderly PERP_AAOI_USDC_mythos+0.0100%8h109.21+0.229%$1K$14K10xas long as short
Show all 21 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin AAOIUSDTM+0.0100%8h109.20+0.220%$449K$358K20xas long as short
Aevo AAOI-PERP+0.0104%1h109.06+0.093%10xas long as short
Variational Omni AAOI+0.0121%8h109.08+0.112%$117K$156Kas long as short
tradeXYZ xyz:AAOI+0.0137%1h109.22+0.239%$1.9M$1.7M10xas long as short
edgeX AAOIUSDC+0.0236%4h109.02+0.055%$12K$264K10xas long as short
OKX AAOI-USDT-SWAP+0.0237%8h109.19+0.211%$4.8M$22.3M20xas long as short
BloFin AAOI-USDT+0.0242%8h109.08+0.110%$273K$73K20xas long as short
Extended AAOI-USD+0.0272%1h109.20+0.223%$14K$238K10xas long as short
Binance AAOIUSDT+0.0273%8h109.20+0.219%$14.8M$49.5M20xas long as short
Paragon para:AAOI+0.0400%1h109.33+0.335%$228K$720K10xas long as short
GRVT AAOI_USDT_Perplong+0.0801%8h108.96long leg$593$110K10x