Funding you earn now, next payment 16:00 UTC−0.0118%/8h= −12.9% APRnext payment −$1.18 per $10,000 · paid last 24h −0.008%
Price spread now: Bybit against BloFin−0.193%112s7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as 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−$690.689% of the position
Funding, last 7 days−0.091%−$9 on $10k
+Price spread, last 4 days (all we have)+0.234%+$23 · spread now −0.193%, 7d avg +0.025%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bybit is 0.218% cheaper against BloFin than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of +0.025%). Swap the legs. The two prices were read 112 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin AAOI-USDT | 108.95 | 0.0118 | pay 0.0118% / 8h | 4h 55m | $273K | $79K | 20x |
| Short | Bybit AAOIUSDT | 108.74 | 0 | get 0.0000% / 8h | 4h 55m | $1.7M | $3.0M | 25x |
BloFin AAOI-USDT
Bybit AAOIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BloFin. 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
- −$24.83
- Price spread: −0.193% → +0.025%
- −$21.79
- Slippage, 4 orders
- −$45.92
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$115.53
- Costs to cover
- 0.689%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 44 min ago; Bybit: 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 BloFin live order book, 44 min ago | 1.38 bp | 10.0 bp −$10 | 25.8 bp −$258 | 84.6 bp −$8,461 | doesn't fit |
| Sell Bybit live order book, 5 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 | −0.0020% | 8h | 108.79 | −0.147% | $3.3M | $4.3M | 20x | as long as short |
| Aster AAOIUSDT | 0.0000% | 8h | 108.87 | −0.073% | $40K | $43K | 20x | as long as short |
| Bybit AAOIUSDTshort | 0.0000% | 8h | 108.74 | −0.193% | $1.7M | $3.0M | 25x | |
| Gate AAOI_USDT | 0.0000% | 8h | 108.80 | −0.138% | $3.9M | $12.5M | 50x | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 108.74 | −0.193% | $1K | $1.1M | 10x | as long as short |
| HTX AAOI-USDT | 0.0000% | 8h | 108.69 | −0.239% | $24K | $46K | 20x | as long as short |
| Variational Omni AAOI | +0.0004% | 8h | 108.72 | −0.215% | $117K | $155K | — | as long as short |
| QFEX AAOI-USD | +0.0008% | 1h | 108.73 | −0.202% | $1.1M | $1.8M | 10x | as long as short |
| Lighter AAOI | +0.0032% | 1h | 108.71 | −0.220% | — | — | 10x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 108.76 | −0.174% | $1K | $109K | 20x | as long as short |
Bitget AAOIUSDT
Aster AAOIUSDT
Gate AAOI_USDT
SunX AAOI-USDT
HTX AAOI-USDT
Variational Omni AAOI
QFEX AAOI-USD
Lighter AAOI
Popdex AAOIUSDTShow all 21 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:AAOI | +0.0050% | 1h | 108.73 | −0.202% | $1.9M | $1.7M | 10x | as long as short |
| Paragon para:AAOI | +0.0060% | 1h | 108.65 | −0.275% | $227K | $718K | 10x | as long as short |
| OKX AAOI-USDT-SWAP | +0.0088% | 8h | 108.76 | −0.174% | $4.8M | $22.5M | 20x | as long as short |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 108.75 | −0.184% | $1K | $14K | 10x | as long as short |
| KuCoin AAOIUSDTM | +0.0100% | 8h | 108.85 | −0.092% | $457K | $417K | 20x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 108.78 | −0.155% | — | — | 10x | as long as short |
| Binance AAOIUSDT | +0.0107% | 8h | 108.75 | −0.182% | $14.7M | $50.1M | 20x | as long as short |
| Extended AAOI-USD | +0.0112% | 1h | 108.73 | −0.205% | $14K | $236K | 10x | as long as short |
| BloFin AAOI-USDTlong | +0.0118% | 8h | 108.95 | long leg | $273K | $79K | 20x | |
| GRVT AAOI_USDT_Perp | +0.0133% | 8h | 108.98 | +0.027% | $507 | $108K | 10x | as long as short |
| edgeX AAOIUSDC | +0.0524% | 4h | 108.92 | −0.028% | $13K | $263K | 10x | as long as short |
tradeXYZ xyz:AAOI
Paragon para:AAOI
OKX AAOI-USDT-SWAP
Orderly PERP_AAOI_USDC_mythos
KuCoin AAOIUSDTM
Aevo AAOI-PERP
Binance AAOIUSDT
Extended AAOI-USD
GRVT AAOI_USDT_Perp
edgeX AAOIUSDC