Funding you earn now, next payment 08:00 UTC+0.0016%/8h= +1.7% APRnext payment +$0.16 per $10,000 · paid last 24h +0.005%
Price spread now: Binance against Bybit−0.052%7-day average +0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$650.647% of the position
Funding, last 7 days+0.069%+$7 on $10k
+Price spread, last 7 days+0.066%+$7 · spread now −0.052%, 7d avg +0.030%
=Funding pays, the price is against you. Binance is 0.082% cheaper against Bybit than usual: you would sell low and buy high (spread −0.052% now, against its 7-day average of +0.030%). If the spread goes back, that is −$8 on $10k: about 17 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.069% in total) that is about 8.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit AAOIUSDT | 107.92 | 0.0007 | pay 0.0007% / 8h | 34m 05s | $1.7M | $2.8M | 25x |
| Short | Binance AAOIUSDT | 107.86 | 0.0023 | get 0.0023% / 8h | 34m 05s | $14.8M | $45.3M | 20x |
Bybit AAOIUSDT
Binance AAOIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- $3.35
- Price spread: −0.052% → +0.030%
- −$8.22
- Slippage, 4 orders
- −$43.72
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$69.58
- Costs to cover
- 0.647%
- Break-even
- 152.2 days
Slippage from Bybit: live order book, 3 min ago; Binance: live order book, 8 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 Bybit live order book, 3 min ago | 2.32 bp | 14.8 bp −$15 | 133.0 bp −$1,330 | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 1.39 bp | 10.5 bp −$10 | 37.5 bp −$375 | 126.4 bp −$12.6K | 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 | −0.1379% | 8h | 108.02 | +0.093% | $3.2M | $3.9M | 20x | as long as short |
| BloFin AAOI-USDT | −0.0001% | 8h | 107.97 | +0.046% | $277K | $66K | 20x | as long as short |
| Aster AAOIUSDT | 0.0000% | 8h | 107.91 | −0.009% | $40K | $37K | 20x | as long as short |
| Gate AAOI_USDT | 0.0000% | 8h | 107.88 | −0.037% | $3.7M | $12.9M | 50x | as long as short |
| Variational Omni AAOI | 0.0000% | 8h | 107.83 | −0.080% | $116K | $159K | — | as long as short |
| GRVT AAOI_USDT_Perp | 0.0000% | 8h | 107.99 | +0.069% | $864 | $114K | 10x | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 107.82 | −0.093% | $1K | $1.2M | 10x | as long as short |
| HTX AAOI-USDT | 0.0000% | 8h | 107.86 | −0.056% | $24K | $47K | 20x | as long as short |
| Bybit AAOIUSDTlong | +0.0007% | 8h | 107.92 | long leg | $1.7M | $2.8M | 25x | |
| Binance AAOIUSDTshort | +0.0023% | 8h | 107.86 | −0.052% | $14.8M | $45.3M | 20x |
Bitget AAOIUSDT
BloFin AAOI-USDT
Aster AAOIUSDT
Gate AAOI_USDT
Variational Omni AAOI
GRVT AAOI_USDT_Perp
SunX AAOI-USDT
HTX AAOI-USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended AAOI-USD | +0.0024% | 1h | 107.84 | −0.073% | $14K | $228K | 10x | as long as short |
| Lighter AAOI | +0.0032% | 1h | 107.85 | −0.065% | — | — | 10x | as long as short |
| QFEX AAOI-USD | +0.0034% | 1h | 107.82 | −0.093% | $1.1M | $1.8M | 10x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 107.88 | −0.037% | $1K | $108K | 20x | as long as short |
| Paragon para:AAOI | +0.0060% | 1h | 107.74 | −0.167% | $226K | $721K | 10x | as long as short |
| KuCoin AAOIUSDTM | +0.0100% | 8h | 107.82 | −0.093% | $442K | $210K | 20x | as long as short |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 107.84 | −0.074% | $1K | $13K | 10x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 107.83 | −0.087% | — | — | 10x | as long as short |
| tradeXYZ xyz:AAOI | +0.0125% | 1h | 107.80 | −0.111% | $1.9M | $1.5M | 10x | as long as short |
| OKX AAOI-USDT-SWAP | +0.0430% | 8h | 107.89 | −0.028% | $5.0M | $20.6M | 20x | as long as short |
| edgeX AAOIUSDC | +0.0869% | 4h | 107.94 | +0.017% | $12K | $265K | 10x | as long as short |
Extended AAOI-USD
Lighter AAOI
QFEX AAOI-USD
Popdex AAOIUSDT
Paragon para:AAOI
KuCoin AAOIUSDTM
Orderly PERP_AAOI_USDC_mythos
Aevo AAOI-PERP
tradeXYZ xyz:AAOI
OKX AAOI-USDT-SWAP
edgeX AAOIUSDC