Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.025%
Price spread now: Binance against KuCoin+0.104%7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$854as in the Funding arb table
Net, price: spread back to 7d avg − costs−$868as in the Price arb table
costs, in and out, $10k−$8748.737% of the position
Funding, last 7 days+0.194%+$19 on $10k
+Price spread, last 2 days (all we have)−0.008%−$1 · spread now +0.104%, 7d avg +0.049%
=The price spread pays, funding is against you. Binance is 0.056% dearer against KuCoin than usual: you sell high and buy low (spread +0.104% now, against its 7-day average of +0.049%): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 45 hours. Mind the row above: over the last 7 days funding on this pair paid +0.194%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin AAOIUSDTM | 110.92 | 0.0100 | pay 0.0100% / 8h | 6h 17m | $464K | $165K | 20x |
| Short | Binance AAOIUSDT | 111.04 | 0 | get 0.0000% / 8h | 6h 17m | $15.1M | $42.2M | 20x |
KuCoin AAOIUSDTM
Binance AAOIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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
- −$21
- Price spread: +0.104% → +0.049%
- $5.57
- Slippage, 4 orders
- −$851.69
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$889.12
- Costs to cover
- 8.737%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 20 min ago; Binance: live order book, 9 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 KuCoin live order book, 20 min ago | 8.59 bp | 460.4 bp −$460 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 1.81 bp | 12.7 bp −$13 | 40.9 bp −$409 | 99.7 bp −$9,967 | doesn't fit |
AAOI on 20 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 | 110.85 | −0.066% | $41K | $37K | 20x | as long as short |
| Extended AAOI-USD | 0.0000% | 1h | 110.97 | +0.046% | $18K | $205K | 10x | as long as short |
| Binance AAOIUSDTshort | 0.0000% | 8h | 111.04 | +0.104% | $15.1M | $42.2M | 20x | |
| Bybit AAOIUSDT | 0.0000% | 8h | 110.98 | +0.054% | $1.8M | $2.6M | 25x | as long as short |
| OKX AAOI-USDT-SWAP | 0.0000% | 8h | 111.03 | +0.099% | $4.4M | $19.1M | 20x | as long as short |
| Gate AAOI_USDT | 0.0000% | 8h | 111.02 | +0.090% | $4.0M | $14.5M | 50x | as long as short |
| Bitget AAOIUSDT | 0.0000% | 8h | 111.06 | +0.126% | $2.7M | $3.1M | 20x | as long as short |
| Variational Omni AAOI | 0.0000% | 8h | 110.96 | +0.040% | $152K | $131K | — | as long as short |
| GRVT AAOI_USDT_Perp | 0.0000% | 8h | 110.81 | −0.103% | $706 | $103K | 10x | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 111.09 | +0.153% | $1K | $1.2M | 10x | as long as short |
Aster AAOIUSDT
Extended AAOI-USD
Bybit AAOIUSDT
OKX AAOI-USDT-SWAP
Gate AAOI_USDT
Bitget AAOIUSDT
Variational Omni AAOI
GRVT AAOI_USDT_Perp
SunX AAOI-USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX AAOI-USDT | 0.0000% | 8h | 111.07 | +0.135% | $24K | $40K | 20x | as long as short |
| QFEX AAOI-USD | +0.0015% | 1h | 110.97 | +0.045% | $1.1M | $2.4M | 10x | as long as short |
| Lighter AAOI | +0.0032% | 1h | 110.91 | −0.009% | — | — | 10x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 111.02 | +0.090% | $944 | $109K | 20x | as long as short |
| KuCoin AAOIUSDTMlong | +0.0100% | 8h | 110.92 | long leg | $464K | $165K | 20x | |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 110.91 | −0.009% | $2K | $13K | 10x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 110.89 | −0.025% | — | — | 10x | as long as short |
| tradeXYZ xyz:AAOI | +0.0253% | 1h | 111.00 | +0.072% | $2.0M | $1.4M | 10x | as long as short |
| Paragon para:AAOI | +0.0390% | 1h | 111.04 | +0.106% | $239K | $717K | 10x | as long as short |
| edgeX AAOIUSDC | +0.0584% | 4h | 110.94 | +0.014% | $13K | $263K | 10x | as long as short |
HTX AAOI-USDT
QFEX AAOI-USD
Lighter AAOI
Popdex AAOIUSDT
Orderly PERP_AAOI_USDC_mythos
Aevo AAOI-PERP
tradeXYZ xyz:AAOI
Paragon para:AAOI
edgeX AAOIUSDC