Funding you earn now, next payment 02:00 UTC−0.0267%/8h= −29.2% APRpaid last 24h −0.039%
Price spread now: Binance against tradeXYZ+0.011%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$560.562% of the position
Funding, last 7 days−0.085%−$9 on $10k
+Price spread, last 2 days (all we have)+0.079%+$8 · spread now +0.011%, 7d avg +0.035%
=Together, before fees−0.006%+ Points / potential airdroptradeXYZ: Active · farm board−$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Binance is 0.024% cheaper against tradeXYZ than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.035%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.085% in total (about -4.4% 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 | tradeXYZ xyz:AAOI | 111.17 | 0.0267 | pay 0.0033% / 1h | 56m 39s | $2.0M | $1.4M | 10x |
| Short | Binance AAOIUSDT | 111.18 | 0 | get 0.0000% / 8h | 6h 56m | $15.2M | $42.8M | 20x |
tradeXYZ xyz:AAOI
Binance AAOIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against tradeXYZ. 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
- −$56.05
- Price spread: +0.011% → +0.035%
- −$2.38
- Slippage, 4 orders
- −$28.17
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$114.61
- Costs to cover
- 0.562%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 1 min ago; Binance: live order book, 15 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 tradeXYZ live order book, 1 min ago | 1.35 bp | 17.6 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 0.89 bp | 10.7 bp −$11 | 34.3 bp −$343 | 107.2 bp −$10.7K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster AAOIUSDT | 0.0000% | 8h | 111.19 | +0.021% | $41K | $37K | 20x | as long as short |
| Extended AAOI-USD | 0.0000% | 1h | 111.15 | −0.021% | $14K | $203K | 10x | as long as short |
| Binance AAOIUSDTshort | 0.0000% | 8h | 111.18 | +0.011% | $15.2M | $42.8M | 20x | |
| Bybit AAOIUSDT | 0.0000% | 8h | 111.20 | +0.027% | $1.8M | $2.6M | 25x | as long as short |
| OKX AAOI-USDT-SWAP | 0.0000% | 8h | 111.22 | +0.045% | $4.3M | $19.1M | 20x | as long as short |
| Gate AAOI_USDT | 0.0000% | 8h | 111.21 | +0.036% | $4.1M | $14.3M | 50x | as long as short |
| Bitget AAOIUSDT | 0.0000% | 8h | 111.19 | +0.018% | $2.8M | $3.0M | 20x | as long as short |
| Variational Omni AAOI | 0.0000% | 8h | 111.59 | +0.378% | $153K | $164K | — | as long as short |
| GRVT AAOI_USDT_Perp | 0.0000% | 8h | 111.55 | +0.338% | $318 | $99K | 10x | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 111.22 | +0.045% | $1K | $1.2M | 10x | as long as short |
Aster AAOIUSDT
Extended AAOI-USD
Bybit AAOIUSDT
OKX AAOI-USDT-SWAP
Gate AAOI_USDT
Bitget AAOIUSDT
Variational Omni AAOI
GRVT AAOI_USDT_Perp
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 | 111.44 | +0.243% | $24K | $40K | 20x | as long as short |
| QFEX AAOI-USD | +0.0015% | 1h | 110.95 | −0.198% | $1.1M | $2.5M | 10x | as long as short |
| BloFin AAOI-USDT | +0.0023% | 8h | 111.29 | +0.108% | $247K | $61K | 20x | as long as short |
| Lighter AAOI | +0.0032% | 1h | 111.12 | −0.045% | — | — | 10x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 110.94 | −0.207% | $931 | $109K | 20x | as long as short |
| KuCoin AAOIUSDTM | +0.0100% | 8h | 111.22 | +0.045% | $465K | $163K | 20x | as long as short |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 111.25 | +0.072% | $2K | $14K | 10x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 111.22 | +0.047% | — | — | 10x | as long as short |
| edgeX AAOIUSDC | +0.0216% | 4h | 111.46 | +0.261% | $13K | $261K | 10x | as long as short |
| tradeXYZ xyz:AAOIlong | +0.0267% | 1h | 111.17 | long leg | $2.0M | $1.4M | 10x | |
| Paragon para:AAOI | +0.0570% | 1h | 111.22 | +0.049% | $269K | $686K | 10x | as long as short |
HTX AAOI-USDT
QFEX AAOI-USD
BloFin AAOI-USDT
Lighter AAOI
Popdex AAOIUSDT
KuCoin AAOIUSDTM
Orderly PERP_AAOI_USDC_mythos
Aevo AAOI-PERP
edgeX AAOIUSDC
Paragon para:AAOI