Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h +0.022%
Price spread now: Bybit against Orderly+0.063%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. Bybit is 0.063% dearer against Orderly than usual: you sell high and buy low (spread +0.063% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_AAOI_USDC_mythos | 111.48 | 0.0100 | pay 0.0100% / 8h | 21m 10s | $2K | $13K | 10x |
| Short | Bybit AAOIUSDT | 111.55 | 0 | get 0.0000% / 8h | 21m 10s | $1.8M | $2.8M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.063% → 0.000%
- $6.28
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$31.72
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Bybit: live order book, 1 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 Bybit live order book, 1 min ago | 1.79 bp | 13.6 bp −$14 | 98.2 bp −$982 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX AAOI-USD | −0.0011% | 1h | 111.42 | −0.054% | $1.1M | $2.6M | 10x | as long as short |
| Aster AAOIUSDT | 0.0000% | 8h | 111.49 | +0.005% | $41K | $37K | 20x | as long as short |
| Extended AAOI-USD | 0.0000% | 1h | 111.47 | −0.013% | $17K | $209K | 10x | as long as short |
| Binance AAOIUSDT | 0.0000% | 8h | 111.47 | −0.007% | $15.3M | $43.6M | 20x | as long as short |
| Bybit AAOIUSDTshort | 0.0000% | 8h | 111.55 | +0.063% | $1.8M | $2.8M | 25x | |
| OKX AAOI-USDT-SWAP | 0.0000% | 8h | 111.48 | 0.000% | $4.3M | $19.3M | 20x | as long as short |
| Gate AAOI_USDT | 0.0000% | 8h | 111.52 | +0.036% | $4.2M | $30.8M | 50x | as long as short |
| Bitget AAOIUSDT | 0.0000% | 8h | 111.46 | −0.018% | $2.8M | $3.2M | 20x | as long as short |
| Variational Omni AAOI | 0.0000% | 8h | 111.43 | −0.045% | $153K | $167K | — | as long as short |
| GRVT AAOI_USDT_Perp | 0.0000% | 8h | 111.49 | +0.009% | $641 | $107K | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX AAOI-USDT | 0.0000% | 8h | 111.42 | −0.054% | $1K | $1.3M | 10x | as long as short |
| HTX AAOI-USDT | 0.0000% | 8h | 111.57 | +0.081% | $24K | $38K | 20x | as long as short |
| BloFin AAOI-USDT | +0.0010% | 8h | 111.45 | −0.027% | $244K | $68K | 20x | as long as short |
| Lighter AAOI | +0.0032% | 1h | 111.49 | +0.009% | — | — | 10x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 111.49 | +0.009% | $1K | $110K | 20x | as long as short |
| tradeXYZ xyz:AAOI | +0.0050% | 1h | 111.50 | +0.018% | $2.0M | $1.4M | 10x | as long as short |
| Paragon para:AAOI | +0.0060% | 1h | 111.56 | +0.067% | $278K | $697K | 10x | as long as short |
| edgeX AAOIUSDC | +0.0082% | 4h | 111.46 | −0.015% | $13K | $263K | 10x | as long as short |
| KuCoin AAOIUSDTM | +0.0100% | 8h | 111.52 | +0.036% | $467K | $185K | 20x | as long as short |
| Orderly PERP_AAOI_USDC_mythoslong | +0.0100% | 8h | 111.48 | long leg | $2K | $13K | 10x | |
| Aevo AAOI-PERP | +0.0104% | 1h | 111.49 | +0.007% | — | — | 10x | as long as short |
Bybit AAOIUSDT
Aster AAOIUSDT
Extended AAOI-USD
Binance AAOIUSDT
OKX AAOI-USDT-SWAP
Gate AAOI_USDT
Bitget AAOIUSDT
Variational Omni AAOI
GRVT AAOI_USDT_Perp
SunX AAOI-USDT
HTX AAOI-USDT
BloFin AAOI-USDT
Lighter AAOI
Popdex AAOIUSDT
tradeXYZ xyz:AAOI
Paragon para:AAOI
edgeX AAOIUSDC
KuCoin AAOIUSDTM