Funding you earn now, next payment 08:00 UTC−0.0397%/8h= −43.4% APRnext payment −$3.97 per $10,000 · paid last 24h +0.006%
Price spread now: BloFin against OKX−0.065%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$430.431% of the position
Funding, last 7 days−0.132%−$13 on $10k
+Price spread, last 4 days (all we have)+0.023%+$2 · spread now −0.065%, 7d avg −0.026%
=Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and BloFin is 0.039% cheaper against OKX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.026%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.132% in total (about -6.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.97 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 | 107.97 | 0.0432 | pay 0.0432% / 8h | 1h 17m | $4.9M | $20.5M | 20x |
| Short | BloFin AAOI-USDT | 107.90 | 0.0035 | get 0.0035% / 8h | 1h 17m | $277K | $64K | 20x |
OKX AAOI-USDT-SWAP
BloFin AAOI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$83.32
- Price spread: −0.065% → −0.026%
- −$3.92
- Slippage, 4 orders
- −$21.1
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$130.34
- Costs to cover
- 0.431%
- Break-even
- never at this rate
Slippage from OKX: live order book, 1 min ago; BloFin: live order book, 60 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, 1 min ago | 0.46 bp | 10.9 bp −$11 | 60.6 bp −$606 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 60 min ago | 2.77 bp | 13.3 bp −$13 | 26.3 bp −$263 | 89.5 bp −$8,951 | 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 | −0.1479% | 8h | 108.04 | +0.065% | $3.0M | $3.7M | 20x | as long as short |
| Aster AAOIUSDT | 0.0000% | 8h | 108.35 | +0.356% | $40K | $37K | 20x | as long as short |
| Gate AAOI_USDT | 0.0000% | 8h | 107.95 | −0.019% | $3.7M | $13.1M | 50x | as long as short |
| Variational Omni AAOI | 0.0000% | 8h | 108.01 | +0.038% | $148K | $127K | — | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 108.07 | +0.093% | $1K | $1.2M | 10x | as long as short |
| HTX AAOI-USDT | 0.0000% | 8h | 107.83 | −0.130% | $24K | $47K | 20x | as long as short |
| GRVT AAOI_USDT_Perp | +0.0010% | 8h | 107.94 | −0.027% | $535 | $115K | 10x | as long as short |
| Binance AAOIUSDT | +0.0024% | 8h | 107.96 | −0.009% | $14.8M | $45.0M | 20x | as long as short |
| Extended AAOI-USD | +0.0024% | 1h | 107.94 | −0.028% | $14K | $232K | 10x | as long as short |
| Lighter AAOI | +0.0032% | 1h | 107.89 | −0.074% | — | — | 10x | as long as short |
Bitget AAOIUSDT
Aster AAOIUSDT
Gate AAOI_USDT
Variational Omni AAOI
SunX AAOI-USDT
HTX AAOI-USDT
GRVT AAOI_USDT_Perp
Binance AAOIUSDT
Extended AAOI-USD
Lighter AAOIShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin AAOI-USDTshort | +0.0035% | 8h | 107.90 | −0.065% | $277K | $64K | 20x | |
| Bybit AAOIUSDT | +0.0041% | 8h | 107.95 | −0.019% | $1.7M | $2.8M | 25x | as long as short |
| QFEX AAOI-USD | +0.0041% | 1h | 107.99 | +0.019% | $1.1M | $1.8M | 10x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 107.99 | +0.019% | $458 | $109K | 20x | as long as short |
| KuCoin AAOIUSDTM | +0.0100% | 8h | 107.93 | −0.037% | $453K | $202K | 20x | as long as short |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 107.94 | −0.028% | $1K | $13K | 10x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 107.93 | −0.035% | — | — | 10x | as long as short |
| tradeXYZ xyz:AAOI | +0.0202% | 1h | 107.91 | −0.056% | $1.9M | $1.5M | 10x | as long as short |
| Paragon para:AAOI | +0.0252% | 1h | 107.86 | −0.104% | $226K | $721K | 10x | as long as short |
| OKX AAOI-USDT-SWAPlong | +0.0432% | 8h | 107.97 | long leg | $4.9M | $20.5M | 20x | |
| edgeX AAOIUSDC | +0.0645% | 4h | 107.87 | −0.091% | $13K | $265K | 10x | as long as short |
Bybit AAOIUSDT
QFEX AAOI-USD
Popdex AAOIUSDT
KuCoin AAOIUSDTM
Orderly PERP_AAOI_USDC_mythos
Aevo AAOI-PERP
tradeXYZ xyz:AAOI
Paragon para:AAOI
edgeX AAOIUSDC