Funding you earn now, next payment 08:00 UTC+0.0044%/8h= +4.8% APRpaid last 24h +0.014%
Price spread now: Popdex against Bybit−0.046%7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$850.854% of the position
Funding, last 4 days (all we have)−0.053%−$5 on $10k
+Price spread, last 4 days (all we have)+0.111%+$11 · spread now −0.046%, 7d avg +0.001%
=Funding pays, the price is against you. Popdex is 0.047% cheaper against Bybit than usual: you would sell low and buy high (spread −0.046% now, against its 7-day average of +0.001%). If the spread goes back, that is −$5 on $10k: about 3.6 days of funding at the current rate (+$1 a day). Mind the row above: over the last 4 days funding on this pair cost −0.053%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit AAOIUSDT | 107.92 | 0.0004 | pay 0.0004% / 8h | 32m 37s | $1.7M | $2.8M | 25x |
| Short | Popdex AAOIUSDT | 107.87 | 0.0048 | get 0.0006% / 1h | 32m 37s | $1K | $108K | 20x |
Bybit AAOIUSDT
Popdex AAOIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex 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
- $9.25
- Price spread: −0.046% → +0.001%
- −$4.72
- Slippage, 4 orders
- −$67.97
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- −$80.84
- Costs to cover
- 0.854%
- Break-even
- 68.2 days
Slippage from Bybit: live order book, 4 min ago; Popdex: live order book, 6 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, 4 min ago | 2.32 bp | 14.8 bp −$15 | 133.0 bp −$1,330 | doesn't fit | doesn't fit |
| Sell Popdex live order book, 6 min ago | 1.85 bp | 17.0 bp −$17 | 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 | −0.1368% | 8h | 108.00 | +0.074% | $3.2M | $3.9M | 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 | 107.87 | −0.046% | $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 | 107.85 | −0.061% | $863 | $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 | 107.83 | −0.083% | $24K | $47K | 20x | as long as short |
| Bybit AAOIUSDTlong | +0.0004% | 8h | 107.92 | long leg | $1.7M | $2.8M | 25x | |
| Binance AAOIUSDT | +0.0020% | 8h | 107.87 | −0.042% | $14.8M | $45.3M | 20x | as long as short |
| Extended AAOI-USD | +0.0024% | 1h | 107.85 | −0.067% | $14K | $228K | 10x | as long as short |
Bitget AAOIUSDT
Aster AAOIUSDT
Gate AAOI_USDT
Variational Omni AAOI
GRVT AAOI_USDT_Perp
SunX AAOI-USDT
HTX AAOI-USDT
Binance AAOIUSDT
Extended AAOI-USDShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter AAOI | +0.0032% | 1h | 107.85 | −0.065% | — | — | 10x | as long as short |
| QFEX AAOI-USD | +0.0034% | 1h | 107.85 | −0.065% | $1.1M | $1.8M | 10x | as long as short |
| BloFin AAOI-USDT | +0.0037% | 8h | 107.82 | −0.093% | $277K | $66K | 20x | as long as short |
| Popdex AAOIUSDTshort | +0.0048% | 1h | 107.87 | −0.046% | $1K | $108K | 20x | |
| Paragon para:AAOI | +0.0060% | 1h | 107.86 | −0.056% | $226K | $721K | 10x | as long as short |
| KuCoin AAOIUSDTM | +0.0100% | 8h | 107.83 | −0.083% | $448K | $213K | 20x | as long as short |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 107.87 | −0.046% | $1K | $13K | 10x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 107.85 | −0.068% | — | — | 10x | as long as short |
| tradeXYZ xyz:AAOI | +0.0120% | 1h | 107.82 | −0.093% | $1.9M | $1.5M | 10x | as long as short |
| OKX AAOI-USDT-SWAP | +0.0429% | 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 |
Lighter AAOI
QFEX AAOI-USD
BloFin AAOI-USDT
Paragon para:AAOI
KuCoin AAOIUSDTM
Orderly PERP_AAOI_USDC_mythos
Aevo AAOI-PERP
tradeXYZ xyz:AAOI
OKX AAOI-USDT-SWAP
edgeX AAOIUSDC