Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.025%
Price spread now: Binance against Orderly+0.051%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Binance is 0.051% dearer against Orderly than usual: you sell high and buy low (spread +0.051% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 41 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_AAOI_USDC_mythos | 111.62 | 0.0100 | pay 0.0100% / 8h | 4h 17m | $2K | $13K | 10x |
| Short | Binance AAOIUSDT | 111.68 | 0 | get 0.0000% / 8h | 4h 17m | $15.2M | $42.0M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Orderly. 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: +0.051% → 0.000%
- $5.15
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$31.85
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Binance: live order book, 10 min ago. Net counts fees only.
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 Orderly no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 10 min ago | 0.89 bp | 11.5 bp −$11 | 33.9 bp −$339 | 97.3 bp −$9,731 | doesn't fit |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin AAOI-USDT | −0.0020% | 8h | 111.63 | +0.009% | $266K | $63K | 20x | as long as short |
| Aster AAOIUSDT | 0.0000% | 8h | 111.54 | −0.073% | $41K | $37K | 20x | as long as short |
| Extended AAOI-USD | 0.0000% | 1h | 111.62 | 0.000% | $15K | $213K | 10x | as long as short |
| Binance AAOIUSDTshort | 0.0000% | 8h | 111.68 | +0.051% | $15.2M | $42.0M | 20x | |
| Gate AAOI_USDT | 0.0000% | 8h | 111.69 | +0.063% | $4.1M | $13.1M | 50x | as long as short |
| Bitget AAOIUSDT | 0.0000% | 8h | 111.72 | +0.090% | $2.8M | $3.0M | 20x | as long as short |
| Variational Omni AAOI | 0.0000% | 8h | 111.84 | +0.196% | $153K | $131K | — | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 111.82 | +0.179% | $1K | $1.2M | 10x | as long as short |
| HTX AAOI-USDT | 0.0000% | 8h | 111.76 | +0.125% | $24K | $43K | 20x | as long as short |
| GRVT AAOI_USDT_Perp | +0.0002% | 8h | 111.81 | +0.170% | $631 | $103K | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:AAOI | +0.0009% | 1h | 111.55 | −0.063% | $238K | $717K | 10x | as long as short |
| Lighter AAOI | +0.0032% | 1h | 111.64 | +0.018% | — | — | 10x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 111.65 | +0.027% | $1K | $109K | 20x | as long as short |
| QFEX AAOI-USD | +0.0053% | 1h | 111.65 | +0.027% | $1.1M | $2.2M | 10x | as long as short |
| KuCoin AAOIUSDTM | +0.0100% | 8h | 111.67 | +0.045% | $467K | $177K | 20x | as long as short |
| Orderly PERP_AAOI_USDC_mythoslong | +0.0100% | 8h | 111.62 | long leg | $2K | $13K | 10x | |
| Aevo AAOI-PERP | +0.0104% | 1h | 111.63 | +0.012% | — | — | 10x | as long as short |
| Bybit AAOIUSDT | +0.0109% | 8h | 111.68 | +0.054% | $1.8M | $2.6M | 25x | as long as short |
| OKX AAOI-USDT-SWAP | +0.0204% | 8h | 111.75 | +0.116% | $4.7M | $19.5M | 20x | as long as short |
| tradeXYZ xyz:AAOI | +0.0305% | 1h | 111.68 | +0.054% | $2.0M | $1.3M | 10x | as long as short |
| edgeX AAOIUSDC | +0.0657% | 4h | 111.82 | +0.181% | $13K | $264K | 10x | as long as short |
Binance AAOIUSDT
BloFin AAOI-USDT
Aster AAOIUSDT
Extended AAOI-USD
Gate AAOI_USDT
Bitget AAOIUSDT
Variational Omni AAOI
SunX AAOI-USDT
HTX AAOI-USDT
GRVT AAOI_USDT_Perp
Paragon para:AAOI
Lighter AAOI
Popdex AAOIUSDT
KuCoin AAOIUSDTM
Bybit AAOIUSDT
OKX AAOI-USDT-SWAP
tradeXYZ xyz:AAOI
edgeX AAOIUSDC