Funding you earn now, next payment 16:00 UTC+0.0931%/8h= +101.9% APRnext payment +$9.31 per $10,000 · paid last 24h +0.132%
Price spread now: BloFin against Bitget−0.065%45s7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as 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−$650.652% of the position
Funding, last 7 days+0.122%+$12 on $10k
+Price spread, last 4 days (all we have)−0.078%−$8 · spread now −0.065%, 7d avg −0.008%
=Funding pays, the price is against you. BloFin is 0.057% cheaper against Bitget than usual: you would sell low and buy high (spread −0.065% now, against its 7-day average of −0.008%). If the spread goes back, that is −$6 on $10k: about 5 hours of funding at the current rate (+$28 a day). At the pace of the last 7 days (+0.122% in total) that is about 3.3 days. The two prices were read 45 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 0.122% in total (about 6.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$9.31 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 | Bitget AAOIUSDT | 107.90 | −0.0913 | get 0.0913% / 8h | 6h 56m | $3.2M | $4.2M | 20x |
| Short | BloFin AAOI-USDT | 107.83 | 0.0018 | get 0.0018% / 8h | 6h 56m | $273K | $68K | 20x |
Bitget AAOIUSDT
BloFin AAOI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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
- $195.48
- Price spread: −0.065% → −0.008%
- −$5.69
- Slippage, 4 orders
- −$41.18
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $124.6
- Costs to cover
- 0.652%
- Break-even
- 2.5 days
Slippage from Bitget: live order book, 2 min ago; BloFin: live order book, 5 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 Bitget live order book, 2 min ago | 3.24 bp | 17.7 bp −$18 | 33.4 bp −$334 | 104.9 bp −$10.5K | doesn't fit |
| Sell BloFin live order book, 5 min ago | 2.32 bp | 13.7 bp −$14 | 25.6 bp −$256 | 77.7 bp −$7,773 | 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 AAOIUSDTlong | −0.0913% | 8h | 107.90 | long leg | $3.2M | $4.2M | 20x | |
| Aster AAOIUSDT | 0.0000% | 8h | 107.65 | −0.236% | $40K | $43K | 20x | as long as short |
| Bybit AAOIUSDT | 0.0000% | 8h | 107.86 | −0.037% | $1.7M | $2.9M | 25x | as long as short |
| Gate AAOI_USDT | 0.0000% | 8h | 107.90 | 0.000% | $3.7M | $12.6M | 50x | as long as short |
| Variational Omni AAOI | 0.0000% | 8h | 107.78 | −0.111% | $115K | $157K | — | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 107.81 | −0.083% | $1K | $1.2M | 10x | as long as short |
| HTX AAOI-USDT | 0.0000% | 8h | 108.00 | +0.093% | $24K | $47K | 20x | as long as short |
| QFEX AAOI-USD | +0.0005% | 1h | 107.85 | −0.046% | $1.1M | $1.8M | 10x | as long as short |
| BloFin AAOI-USDTshort | +0.0018% | 8h | 107.83 | −0.065% | $273K | $68K | 20x | |
| Lighter AAOI | +0.0032% | 1h | 107.92 | +0.019% | — | — | 10x | as long as short |
Aster AAOIUSDT
Bybit AAOIUSDT
Gate AAOI_USDT
Variational Omni AAOI
SunX AAOI-USDT
HTX AAOI-USDT
QFEX AAOI-USD
Lighter AAOIShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended AAOI-USD | +0.0040% | 1h | 107.79 | −0.102% | $16K | $234K | 10x | as long as short |
| Binance AAOIUSDT | +0.0047% | 8h | 107.89 | −0.009% | $14.6M | $48.4M | 20x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 107.87 | −0.028% | $935 | $109K | 20x | as long as short |
| Paragon para:AAOI | +0.0087% | 1h | 107.81 | −0.079% | $225K | $720K | 10x | as long as short |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 107.84 | −0.056% | $1K | $14K | 10x | as long as short |
| KuCoin AAOIUSDTM | +0.0100% | 8h | 107.80 | −0.093% | $443K | $288K | 20x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 107.92 | +0.018% | — | — | 10x | as long as short |
| edgeX AAOIUSDC | +0.0184% | 4h | 107.90 | 0.000% | $12K | $262K | 10x | as long as short |
| tradeXYZ xyz:AAOI | +0.0194% | 1h | 107.81 | −0.083% | $1.9M | $1.6M | 10x | as long as short |
| OKX AAOI-USDT-SWAP | +0.0258% | 8h | 107.95 | +0.046% | $4.8M | $21.5M | 20x | as long as short |
| GRVT AAOI_USDT_Perp | +0.0606% | 8h | 107.94 | +0.038% | $416 | $111K | 10x | as long as short |
Extended AAOI-USD
Binance AAOIUSDT
Popdex AAOIUSDT
Paragon para:AAOI
Orderly PERP_AAOI_USDC_mythos
KuCoin AAOIUSDTM
Aevo AAOI-PERP
edgeX AAOIUSDC
tradeXYZ xyz:AAOI
OKX AAOI-USDT-SWAP
GRVT AAOI_USDT_Perp