Funding you earn now, next payment 05:00 UTC−0.0344%/8h= −37.7% APRpaid last 24h −0.043%
Price spread now: BloFin against tradeXYZ+0.409%108s7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$670.673% of the position
Funding, last 7 days−0.068%−$7 on $10k
+Price spread, last 4 days (all we have)−0.457%−$46 · spread now +0.409%, 7d avg +0.032%
=Together, before fees−0.525%+ Points / potential airdroptradeXYZ: Active · farm board−$52 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BloFin is 0.377% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.409% now, against its 7-day average of +0.032%): +$38 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 3.7 days. At the pace of the last 7 days (−0.068% in total) that is about 39 days. The two prices were read 108 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.068% in total (about -3.5% 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 | 109.92 | 0.0347 | pay 0.0043% / 1h | 39m 21s | $2.0M | $1.4M | 10x |
| Short | BloFin AAOI-USDT | 110.37 | 0.0003 | get 0.0003% / 8h | 3h 39m | $270K | $63K | 20x |
tradeXYZ xyz:AAOI
BloFin AAOI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$72.32
- Price spread: +0.409% → +0.032%
- $37.74
- Slippage, 4 orders
- −$37.32
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$101.9
- Costs to cover
- 0.673%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 8 min ago; BloFin: live order book, 52 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, 8 min ago | 1.80 bp | 19.5 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 52 min ago | 0.89 bp | 11.8 bp −$12 | 27.2 bp −$272 | 71.5 bp −$7,152 | 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 | 110.04 | +0.113% | $41K | $37K | 20x | as long as short |
| Extended AAOI-USD | 0.0000% | 1h | 110.03 | +0.101% | $16K | $210K | 10x | as long as short |
| Binance AAOIUSDT | 0.0000% | 8h | 109.95 | +0.026% | $14.9M | $42.3M | 20x | as long as short |
| Gate AAOI_USDT | 0.0000% | 8h | 110.01 | +0.082% | $4.0M | $13.0M | 50x | as long as short |
| Bitget AAOIUSDT | 0.0000% | 8h | 110.04 | +0.109% | $2.7M | $3.0M | 20x | as long as short |
| Variational Omni AAOI | 0.0000% | 8h | 110.28 | +0.328% | $151K | $131K | — | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 110.75 | +0.755% | $1K | $1.2M | 10x | as long as short |
| HTX AAOI-USDT | 0.0000% | 8h | 110.66 | +0.673% | $24K | $44K | 20x | as long as short |
| BloFin AAOI-USDTshort | +0.0003% | 8h | 110.37 | +0.409% | $270K | $63K | 20x | |
| GRVT AAOI_USDT_Perp | +0.0027% | 8h | 110.39 | +0.428% | $761 | $105K | 10x | as long as short |
Aster AAOIUSDT
Extended AAOI-USD
Binance AAOIUSDT
Gate AAOI_USDT
Bitget AAOIUSDT
Variational Omni AAOI
SunX AAOI-USDT
HTX AAOI-USDT
GRVT AAOI_USDT_PerpShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter AAOI | +0.0032% | 1h | 110.10 | +0.164% | — | — | 10x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 110.03 | +0.100% | $1K | $108K | 20x | as long as short |
| QFEX AAOI-USD | +0.0076% | 1h | 110.04 | +0.109% | $1.2M | $2.0M | 10x | as long as short |
| KuCoin AAOIUSDTM | +0.0100% | 8h | 110.06 | +0.127% | $461K | $186K | 20x | as long as short |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 109.96 | +0.036% | $2K | $13K | 10x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 109.95 | +0.029% | — | — | 10x | as long as short |
| Bybit AAOIUSDT | +0.0119% | 8h | 109.97 | +0.045% | $1.8M | $2.7M | 25x | as long as short |
| OKX AAOI-USDT-SWAP | +0.0301% | 8h | 109.97 | +0.045% | $4.8M | $19.5M | 20x | as long as short |
| tradeXYZ xyz:AAOIlong | +0.0347% | 1h | 109.92 | long leg | $2.0M | $1.4M | 10x | |
| Paragon para:AAOI | +0.0506% | 1h | 110.13 | +0.191% | $233K | $719K | 10x | as long as short |
| edgeX AAOIUSDC | +0.0551% | 4h | 110.27 | +0.319% | $13K | $263K | 10x | as long as short |
Lighter AAOI
Popdex AAOIUSDT
QFEX AAOI-USD
KuCoin AAOIUSDTM
Orderly PERP_AAOI_USDC_mythos
Aevo AAOI-PERP
Bybit AAOIUSDT
OKX AAOI-USDT-SWAP
Paragon para:AAOI
edgeX AAOIUSDC