Funding you earn now, next payment 08:00 UTC−0.0386%/8h= −42.2% APRnext payment −$3.86 per $10,000 · paid last 24h +0.007%
Price spread now: Gate against OKX−0.037%7-day average +0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$550.547% of the position
Funding, last 7 days−0.216%−$22 on $10k
+Price spread, last 7 days+0.122%+$12 · spread now −0.037%, 7d avg +0.026%
=Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Gate is 0.063% cheaper against OKX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.026%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.216% in total (about -11.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.86 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 | 108.19 | 0.0386 | pay 0.0386% / 8h | 2h 29m | $4.9M | $20.1M | 20x |
| Short | Gate AAOI_USDT | 108.15 | 0 | get 0.0000% / 8h | 2h 29m | $3.8M | $13.3M | 50x |
OKX AAOI-USDT-SWAP
Gate AAOI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$80.98
- Price spread: −0.037% → +0.026%
- −$6.27
- Slippage, 4 orders
- −$29.65
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$141.9
- Costs to cover
- 0.547%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; Gate: live order book, 4 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 | 0.46 bp | 10.3 bp −$10 | 35.9 bp −$359 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 4.64 bp | 16.0 bp −$16 | 46.0 bp −$460 | 78.3 bp −$7,832 | 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 | −0.1363% | 8h | 108.19 | 0.000% | $2.9M | $3.5M | 20x | as long as short |
| Aster AAOIUSDT | 0.0000% | 8h | 108.03 | −0.148% | $40K | $37K | 20x | as long as short |
| Extended AAOI-USD | 0.0000% | 1h | 108.12 | −0.064% | $14K | $237K | 10x | as long as short |
| Binance AAOIUSDT | 0.0000% | 8h | 108.13 | −0.058% | $14.6M | $44.0M | 20x | as long as short |
| Gate AAOI_USDTshort | 0.0000% | 8h | 108.15 | −0.037% | $3.8M | $13.3M | 50x | |
| Variational Omni AAOI | 0.0000% | 8h | 107.92 | −0.247% | $148K | $129K | — | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 107.97 | −0.203% | $1K | $1.2M | 10x | as long as short |
| HTX AAOI-USDT | 0.0000% | 8h | 108.08 | −0.102% | $24K | $46K | 20x | as long as short |
| GRVT AAOI_USDT_Perp | +0.0008% | 8h | 107.87 | −0.297% | $900 | $114K | 10x | as long as short |
| BloFin AAOI-USDT | +0.0020% | 8h | 107.89 | −0.277% | $274K | $63K | 20x | as long as short |
Bitget AAOIUSDT
Aster AAOIUSDT
Extended AAOI-USD
Binance AAOIUSDT
Variational Omni AAOI
SunX AAOI-USDT
HTX AAOI-USDT
GRVT AAOI_USDT_Perp
BloFin AAOI-USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter AAOI | +0.0032% | 1h | 108.08 | −0.102% | — | — | 10x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 108.07 | −0.111% | $182 | $110K | 20x | as long as short |
| Bybit AAOIUSDT | +0.0051% | 8h | 108.10 | −0.083% | $1.7M | $2.8M | 25x | as long as short |
| QFEX AAOI-USD | +0.0054% | 1h | 108.05 | −0.129% | $1.1M | $1.9M | 10x | as long as short |
| KuCoin AAOIUSDTM | +0.0100% | 8h | 108.09 | −0.092% | $453K | $196K | 20x | as long as short |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 108.01 | −0.166% | $1K | $13K | 10x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 108.05 | −0.133% | — | — | 10x | as long as short |
| tradeXYZ xyz:AAOI | +0.0236% | 1h | 108.18 | −0.009% | $2.0M | $1.4M | 10x | as long as short |
| Paragon para:AAOI | +0.0305% | 1h | 108.03 | −0.151% | $227K | $720K | 10x | as long as short |
| OKX AAOI-USDT-SWAPlong | +0.0386% | 8h | 108.19 | long leg | $4.9M | $20.1M | 20x | |
| edgeX AAOIUSDC | +0.0390% | 4h | 107.83 | −0.329% | $13K | $265K | 10x | as long as short |
Lighter AAOI
Popdex AAOIUSDT
Bybit AAOIUSDT
QFEX AAOI-USD
KuCoin AAOIUSDTM
Orderly PERP_AAOI_USDC_mythos
Aevo AAOI-PERP
tradeXYZ xyz:AAOI
Paragon para:AAOI
edgeX AAOIUSDC