Funding you earn now, next payment 06:00 UTC−0.0218%/8h= −23.8% APRnext payment −$0.27 per $10,000 · paid last 24h −0.038%
Price spread now: Popdex against tradeXYZ+0.037%7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$790.792% of the position
Funding, last 4 days (all we have)−0.046%−$5 on $10k
+Price spread, last 4 days (all we have)+0.025%+$3 · spread now +0.037%, 7d avg +0.054%
=Together, before fees−0.021%+ Points / potential airdroptradeXYZ: Active · farm board−$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.054%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.046% in total (about -4.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.27 per $10,000. 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 | 108.79 | 0.0266 | pay 0.0033% / 1h | 7m 40s | $2.0M | $1.4M | 10x |
| Short | Popdex AAOIUSDT | 108.83 | 0.0048 | get 0.0006% / 1h | 7m 40s | $208 | $110K | 20x |
tradeXYZ xyz:AAOI
Popdex AAOIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex 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
- −$45.74
- Price spread: +0.037% → +0.054%
- −$1.71
- Slippage, 4 orders
- −$54.75
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- −$126.6
- Costs to cover
- 0.792%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 10 min ago; Popdex: live order book, 41 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, 10 min ago | 3.23 bp | 17.1 bp −$17 | 37.4 bp −$374 | doesn't fit | doesn't fit |
| Sell Popdex live order book, 41 min ago | 2.75 bp | 24.1 bp −$24 | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget AAOIUSDT | −0.1407% | 8h | 108.88 | +0.083% | $3.0M | $3.6M | 20x | as long as short |
| Aster AAOIUSDT | 0.0000% | 8h | 108.74 | −0.045% | $40K | $37K | 20x | as long as short |
| Gate AAOI_USDT | 0.0000% | 8h | 108.80 | +0.009% | $3.8M | $13.3M | 50x | as long as short |
| Variational Omni AAOI | 0.0000% | 8h | 108.80 | +0.010% | $149K | $127K | — | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 108.85 | +0.055% | $1K | $1.2M | 10x | as long as short |
| HTX AAOI-USDT | 0.0000% | 8h | 108.91 | +0.110% | $24K | $46K | 20x | as long as short |
| Binance AAOIUSDT | +0.0012% | 8h | 108.82 | +0.029% | $14.8M | $44.4M | 20x | as long as short |
| Extended AAOI-USD | +0.0016% | 1h | 108.78 | −0.010% | $14K | $234K | 10x | as long as short |
| BloFin AAOI-USDT | +0.0016% | 8h | 108.71 | −0.074% | $274K | $64K | 20x | as long as short |
| Lighter AAOI | +0.0032% | 1h | 108.78 | −0.009% | — | — | 10x | as long as short |
Bitget AAOIUSDT
Aster AAOIUSDT
Gate AAOI_USDT
Variational Omni AAOI
SunX AAOI-USDT
HTX AAOI-USDT
Binance AAOIUSDT
Extended AAOI-USD
BloFin AAOI-USDT
Lighter AAOIShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT AAOI_USDT_Perp | +0.0046% | 8h | 108.83 | +0.039% | $399 | $116K | 10x | as long as short |
| Bybit AAOIUSDT | +0.0047% | 8h | 108.77 | −0.018% | $1.7M | $2.8M | 25x | as long as short |
| Popdex AAOIUSDTshort | +0.0048% | 1h | 108.83 | +0.037% | $208 | $110K | 20x | |
| QFEX AAOI-USD | +0.0054% | 1h | 108.81 | +0.018% | $1.1M | $1.9M | 10x | as long as short |
| KuCoin AAOIUSDTM | +0.0100% | 8h | 108.72 | −0.064% | $456K | $199K | 20x | as long as short |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 108.74 | −0.046% | $2K | $13K | 10x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 108.75 | −0.036% | — | — | 10x | as long as short |
| tradeXYZ xyz:AAOIlong | +0.0266% | 1h | 108.79 | long leg | $2.0M | $1.4M | 10x | |
| Paragon para:AAOI | +0.0307% | 1h | 108.69 | −0.092% | $228K | $721K | 10x | as long as short |
| OKX AAOI-USDT-SWAP | +0.0422% | 8h | 108.88 | +0.083% | $5.0M | $20.4M | 20x | as long as short |
| edgeX AAOIUSDC | +0.0838% | 4h | 108.78 | −0.009% | $13K | $263K | 10x | as long as short |
GRVT AAOI_USDT_Perp
Bybit AAOIUSDT
QFEX AAOI-USD
KuCoin AAOIUSDTM
Orderly PERP_AAOI_USDC_mythos
Aevo AAOI-PERP
Paragon para:AAOI
OKX AAOI-USDT-SWAP
edgeX AAOIUSDC