Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.029%
Price spread now: OKX against KuCoin+0.090%7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$866as in the Funding arb table
Net, price: spread back to 7d avg − costs−$896as in the Price arb table
costs, in and out, $10k−$9008.996% of the position
Funding, last 7 days+0.333%+$33 on $10k
+Price spread, last 4 days (all we have)−0.150%−$15 · spread now +0.090%, 7d avg +0.050%
=The price spread pays, funding is against you. OKX is 0.040% dearer against KuCoin than usual: you sell high and buy low (spread +0.090% now, against its 7-day average of +0.050%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 32 hours. Mind the row above: over the last 7 days funding on this pair paid +0.333%, 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 | 111.69 | 0.0100 | pay 0.0100% / 8h | 7h 22m | $468K | $169K | 20x |
| Short | OKX AAOI-USDT-SWAP | 111.79 | 0 | get 0.0000% / 8h | 7h 22m | $4.3M | $19.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.090% → +0.050%
- $3.96
- Slippage, 4 orders
- −$877.64
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$916.68
- Costs to cover
- 8.996%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 29 min ago; OKX: live order book, 1 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, 29 min ago | 16.96 bp | 449.1 bp −$449 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 0.45 bp | 12.8 bp −$13 | 100.4 bp −$1,004 | 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX AAOI-USD | −0.0006% | 1h | 111.70 | +0.009% | $1.1M | $2.5M | 10x | as long as short |
| BloFin AAOI-USDT | −0.0002% | 8h | 111.65 | −0.036% | $245K | $61K | 20x | as long as short |
| Aster AAOIUSDT | 0.0000% | 8h | 111.65 | −0.038% | $41K | $37K | 20x | as long as short |
| Extended AAOI-USD | 0.0000% | 1h | 111.69 | −0.003% | $15K | $229K | 10x | as long as short |
| Binance AAOIUSDT | 0.0000% | 8h | 111.74 | +0.047% | $15.3M | $43.0M | 20x | as long as short |
| Bybit AAOIUSDT | 0.0000% | 8h | 111.75 | +0.054% | $1.8M | $2.7M | 25x | as long as short |
| OKX AAOI-USDT-SWAPshort | 0.0000% | 8h | 111.79 | +0.090% | $4.3M | $19.1M | 20x | |
| Gate AAOI_USDT | 0.0000% | 8h | 111.81 | +0.107% | $4.2M | $25.0M | 50x | as long as short |
| Bitget AAOIUSDT | 0.0000% | 8h | 111.80 | +0.098% | $2.8M | $3.0M | 20x | as long as short |
| Variational Omni AAOI | 0.0000% | 8h | 112.00 | +0.274% | $153K | $164K | — | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT AAOI_USDT_Perp | 0.0000% | 8h | 112.03 | +0.301% | $1K | $101K | 10x | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 111.68 | −0.009% | $1K | $1.3M | 10x | as long as short |
| HTX AAOI-USDT | 0.0000% | 8h | 112.02 | +0.295% | $24K | $39K | 20x | as long as short |
| Lighter AAOI | +0.0032% | 1h | 111.67 | −0.018% | — | — | 10x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 111.74 | +0.045% | $441 | $109K | 20x | as long as short |
| Paragon para:AAOI | +0.0060% | 1h | 111.69 | −0.003% | $270K | $690K | 10x | as long as short |
| KuCoin AAOIUSDTMlong | +0.0100% | 8h | 111.69 | long leg | $468K | $169K | 20x | |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 111.68 | −0.009% | $2K | $14K | 10x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 111.69 | −0.002% | — | — | 10x | as long as short |
| tradeXYZ xyz:AAOI | +0.0320% | 1h | 111.73 | +0.036% | $2.0M | $1.4M | 10x | as long as short |
| edgeX AAOIUSDC | +0.0580% | 4h | 111.91 | +0.195% | $13K | $263K | 10x | as long as short |
KuCoin AAOIUSDTM
OKX AAOI-USDT-SWAP
BloFin AAOI-USDT
Aster AAOIUSDT
Extended AAOI-USD
Binance AAOIUSDT
Bybit AAOIUSDT
Gate AAOI_USDT
Bitget AAOIUSDT
Variational Omni AAOI
GRVT AAOI_USDT_Perp
SunX AAOI-USDT
HTX AAOI-USDT
Lighter AAOI
Popdex AAOIUSDT
Paragon para:AAOI
tradeXYZ xyz:AAOI
edgeX AAOIUSDC