Funding you earn now, next payment 09:00 UTC−0.0211%/8h= −23.1% APRpaid last 24h +0.013%
Price spread now: tradeXYZ against OKX−0.103%7-day average −0.080% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$620.616% of the position
Funding, last 7 days−0.087%−$9 on $10k
+Price spread, last 7 days+0.056%+$6 · spread now −0.103%, 7d avg −0.080%
=Together, before fees−0.031%+ Points / potential airdroptradeXYZ: Active · farm board−$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and tradeXYZ is 0.022% cheaper against OKX than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.080%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.087% in total (about -4.6% a year). A funding rate is set anew for every payment. 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 | 107.31 | 0.0261 | pay 0.0261% / 8h | 7h 20m | $4.8M | $21.2M | 20x |
| Short | tradeXYZ xyz:AAOI | 107.20 | 0.0050 | get 0.0006% / 1h | 20m 02s | $1.9M | $1.6M | 10x |
OKX AAOI-USDT-SWAP
tradeXYZ xyz:AAOIFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$44.3
- Price spread: −0.103% → −0.080%
- −$2.2
- Slippage, 4 orders
- −$33.59
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$108.09
- Costs to cover
- 0.616%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; tradeXYZ: live order book, 8 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, 3 min ago | 0.94 bp | 11.4 bp −$11 | 43.2 bp −$432 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 8 min ago | 2.35 bp | 15.7 bp −$16 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget AAOIUSDT | −0.1146% | 8h | 107.27 | −0.037% | $3.2M | $4.2M | 20x | as long as short |
| GRVT AAOI_USDT_Perp | −0.0036% | 8h | 106.70 | −0.568% | $750 | $111K | 10x | as long as short |
| BloFin AAOI-USDT | −0.0007% | 8h | 107.10 | −0.196% | $278K | $66K | 20x | as long as short |
| Aster AAOIUSDT | 0.0000% | 8h | 106.96 | −0.327% | $39K | $43K | 20x | as long as short |
| Extended AAOI-USD | 0.0000% | 1h | 107.20 | −0.100% | $14K | $229K | 10x | as long as short |
| Binance AAOIUSDT | 0.0000% | 8h | 107.28 | −0.033% | $14.6M | $48.0M | 20x | as long as short |
| Bybit AAOIUSDT | 0.0000% | 8h | 107.20 | −0.103% | $1.7M | $2.9M | 25x | as long as short |
| Gate AAOI_USDT | 0.0000% | 8h | 107.25 | −0.056% | $3.7M | $12.9M | 50x | as long as short |
| Variational Omni AAOI | 0.0000% | 8h | 107.33 | +0.018% | $115K | $157K | — | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 107.25 | −0.056% | $1K | $1.2M | 10x | as long as short |
Bitget AAOIUSDT
GRVT AAOI_USDT_Perp
BloFin AAOI-USDT
Aster AAOIUSDT
Extended AAOI-USD
Binance AAOIUSDT
Bybit AAOIUSDT
Gate AAOI_USDT
Variational Omni AAOI
SunX AAOI-USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX AAOI-USDT | 0.0000% | 8h | 107.31 | 0.000% | $23K | $47K | 20x | as long as short |
| Lighter AAOI | +0.0032% | 1h | 107.21 | −0.093% | — | — | 10x | as long as short |
| QFEX AAOI-USD | +0.0045% | 1h | 107.25 | −0.056% | $1.1M | $1.8M | 10x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 107.29 | −0.019% | $1K | $109K | 20x | as long as short |
| tradeXYZ xyz:AAOIshort | +0.0050% | 1h | 107.20 | −0.103% | $1.9M | $1.6M | 10x | |
| Orderly PERP_AAOI_USDC_mythos | +0.0099% | 8h | 107.20 | −0.103% | $1K | $14K | 10x | as long as short |
| KuCoin AAOIUSDTM | +0.0100% | 8h | 107.07 | −0.224% | $440K | $265K | 20x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 107.16 | −0.144% | — | — | 10x | as long as short |
| Paragon para:AAOI | +0.0230% | 1h | 107.23 | −0.072% | $224K | $721K | 10x | as long as short |
| OKX AAOI-USDT-SWAPlong | +0.0261% | 8h | 107.31 | long leg | $4.8M | $21.2M | 20x | |
| edgeX AAOIUSDC | +0.0722% | 4h | 106.75 | −0.519% | $12K | $264K | 10x | as long as short |
HTX AAOI-USDT
Lighter AAOI
QFEX AAOI-USD
Popdex AAOIUSDT
Orderly PERP_AAOI_USDC_mythos
KuCoin AAOIUSDTM
Aevo AAOI-PERP
Paragon para:AAOI
edgeX AAOIUSDC