Funding you earn now, next payment 08:00 UTC−0.0396%/8h= −43.4% APRnext payment −$3.96 per $10,000 · paid last 24h +0.004%
Price spread now: Binance against OKX−0.047%7-day average +0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$380.379% of the position
Funding, last 7 days−0.139%−$14 on $10k
+Price spread, last 7 days+0.022%+$2 · spread now −0.047%, 7d avg +0.017%
=Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Binance is 0.064% cheaper against OKX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.017%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.139% in total (about -7.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.96 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX AAOI-USDT-SWAP | 107.88 | 0.0397 | pay 0.0397% / 8h | 14m 12s | $5.0M | $20.6M | 20x |
| Short | Binance AAOIUSDT | 107.83 | 0.0001 | get 0.0001% / 8h | 14m 12s | $14.8M | $45.4M | 20x |
OKX AAOI-USDT-SWAP
Binance AAOIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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
- −$83.17
- Price spread: −0.047% → +0.017%
- −$6.4
- Slippage, 4 orders
- −$17.92
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$127.49
- Costs to cover
- 0.379%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; Binance: live order book, 13 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 OKX live order book, 4 min ago | 1.39 bp | 9.4 bp −$9 | 50.9 bp −$509 | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 0.46 bp | 10.1 bp −$10 | 31.8 bp −$318 | 94.7 bp −$9,474 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget AAOIUSDT | −0.1309% | 8h | 107.95 | +0.065% | $3.2M | $3.9M | 20x | as long as short |
| Aster AAOIUSDT | 0.0000% | 8h | 107.91 | +0.028% | $40K | $37K | 20x | as long as short |
| Extended AAOI-USD | 0.0000% | 1h | 107.81 | −0.064% | $17K | $230K | 10x | as long as short |
| Bybit AAOIUSDT | 0.0000% | 8h | 107.83 | −0.046% | $1.7M | $2.8M | 25x | as long as short |
| Gate AAOI_USDT | 0.0000% | 8h | 107.83 | −0.046% | $3.7M | $13.0M | 50x | as long as short |
| Variational Omni AAOI | 0.0000% | 8h | 107.73 | −0.141% | $115K | $153K | — | as long as short |
| GRVT AAOI_USDT_Perp | 0.0000% | 8h | 107.68 | −0.181% | $818 | $114K | 10x | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 107.78 | −0.093% | $1K | $1.2M | 10x | as long as short |
| HTX AAOI-USDT | 0.0000% | 8h | 107.96 | +0.074% | $23K | $47K | 20x | as long as short |
| Binance AAOIUSDTshort | +0.0001% | 8h | 107.83 | −0.047% | $14.8M | $45.4M | 20x |
Bitget AAOIUSDT
Aster AAOIUSDT
Extended AAOI-USD
Bybit AAOIUSDT
Gate AAOI_USDT
Variational Omni AAOI
GRVT AAOI_USDT_Perp
SunX AAOI-USDT
HTX AAOI-USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin AAOI-USDT | +0.0026% | 8h | 107.75 | −0.121% | $279K | $66K | 20x | as long as short |
| Lighter AAOI | +0.0032% | 1h | 107.79 | −0.083% | — | — | 10x | as long as short |
| QFEX AAOI-USD | +0.0034% | 1h | 107.82 | −0.056% | $1.1M | $1.8M | 10x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 107.84 | −0.037% | $944 | $108K | 20x | as long as short |
| tradeXYZ xyz:AAOI | +0.0083% | 1h | 107.80 | −0.074% | $1.9M | $1.5M | 10x | as long as short |
| KuCoin AAOIUSDTM | +0.0100% | 8h | 107.76 | −0.111% | $443K | $217K | 20x | as long as short |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 107.83 | −0.046% | $1K | $13K | 10x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 107.82 | −0.055% | — | — | 10x | as long as short |
| Paragon para:AAOI | +0.0126% | 1h | 107.78 | −0.097% | $226K | $721K | 10x | as long as short |
| OKX AAOI-USDT-SWAPlong | +0.0397% | 8h | 107.88 | long leg | $5.0M | $20.6M | 20x | |
| edgeX AAOIUSDC | +0.0685% | 4h | 107.74 | −0.128% | $12K | $265K | 10x | as long as short |
BloFin AAOI-USDT
Lighter AAOI
QFEX AAOI-USD
Popdex AAOIUSDT
tradeXYZ xyz:AAOI
KuCoin AAOIUSDTM
Orderly PERP_AAOI_USDC_mythos
Aevo AAOI-PERP
Paragon para:AAOI
edgeX AAOIUSDC