Funding you earn now, next payment 12:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.055%
Price spread now: Bybit against tradeXYZ+0.046%7-day average +0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$880.883% of the position
Funding, last 7 days−0.163%−$16 on $10k
+Price spread, last 7 days−0.100%−$10 · spread now +0.046%, 7d avg +0.069%
=Together, before fees−0.263%+ Points / potential airdroptradeXYZ: Active · farm board−$26 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bybit is 0.023% cheaper against tradeXYZ than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.069%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:AAOI | 108.98 | 0.0050 | pay 0.0006% / 1h | 57m 29s | $1.9M | $1.7M | 10x |
| Short | Bybit AAOIUSDT | 109.03 | 0 | get 0.0000% / 8h | 4h 57m | $1.7M | $3.0M | 25x |
tradeXYZ xyz:AAOI
Bybit AAOIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$10.5
- Price spread: +0.046% → +0.069%
- −$2.28
- Slippage, 4 orders
- −$59.28
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$101.05
- Costs to cover
- 0.883%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 3 min ago; Bybit: live order book, 3 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, 3 min ago | 2.29 bp | 17.9 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 1.83 bp | 31.9 bp −$32 | 94.3 bp −$943 | doesn't fit | doesn't fit |
AAOI on 21 exchanges
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 | −0.0035% | 8h | 108.94 | −0.037% | $3.3M | $4.3M | 20x | as long as short |
| Aster AAOIUSDT | 0.0000% | 8h | 109.04 | +0.052% | $40K | $43K | 20x | as long as short |
| Bybit AAOIUSDTshort | 0.0000% | 8h | 109.03 | +0.046% | $1.7M | $3.0M | 25x | |
| Gate AAOI_USDT | 0.0000% | 8h | 108.94 | −0.037% | $3.8M | $12.5M | 50x | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 109.20 | +0.202% | $1K | $1.1M | 10x | as long as short |
| HTX AAOI-USDT | 0.0000% | 8h | 109.20 | +0.202% | $24K | $46K | 20x | as long as short |
| QFEX AAOI-USD | +0.0008% | 1h | 108.92 | −0.055% | $1.1M | $1.8M | 10x | as long as short |
| Variational Omni AAOI | +0.0023% | 8h | 109.12 | +0.129% | $117K | $155K | — | as long as short |
| Lighter AAOI | +0.0032% | 1h | 108.99 | +0.009% | — | — | 10x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 108.96 | −0.018% | $1K | $110K | 20x | as long as short |
Bitget AAOIUSDT
Aster AAOIUSDT
Gate AAOI_USDT
SunX AAOI-USDT
HTX AAOI-USDT
QFEX AAOI-USD
Variational Omni AAOI
Lighter AAOI
Popdex AAOIUSDTShow all 21 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:AAOIlong | +0.0050% | 1h | 108.98 | long leg | $1.9M | $1.7M | 10x | |
| Paragon para:AAOI | +0.0060% | 1h | 108.91 | −0.065% | $227K | $718K | 10x | as long as short |
| OKX AAOI-USDT-SWAP | +0.0097% | 8h | 108.96 | −0.018% | $4.8M | $22.5M | 20x | as long as short |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 109.08 | +0.092% | $1K | $14K | 10x | as long as short |
| KuCoin AAOIUSDTM | +0.0100% | 8h | 109.05 | +0.064% | $452K | $413K | 20x | as long as short |
| BloFin AAOI-USDT | +0.0101% | 8h | 109.17 | +0.174% | $274K | $79K | 20x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 109.08 | +0.093% | — | — | 10x | as long as short |
| Binance AAOIUSDT | +0.0119% | 8h | 108.95 | −0.028% | $14.7M | $50.0M | 20x | as long as short |
| Extended AAOI-USD | +0.0128% | 1h | 108.95 | −0.026% | $14K | $236K | 10x | as long as short |
| GRVT AAOI_USDT_Perp | +0.0171% | 8h | 109.18 | +0.183% | $592 | $109K | 10x | as long as short |
| edgeX AAOIUSDC | +0.0857% | 4h | 109.21 | +0.210% | $13K | $262K | 10x | as long as short |
Paragon para:AAOI
OKX AAOI-USDT-SWAP
Orderly PERP_AAOI_USDC_mythos
KuCoin AAOIUSDTM
BloFin AAOI-USDT
Aevo AAOI-PERP
Binance AAOIUSDT
Extended AAOI-USD
GRVT AAOI_USDT_Perp
edgeX AAOIUSDC