Funding you earn now, next payment 08:00 UTC−0.1563%/8h= −171.1% APRnext payment −$15.63 per $10,000 · paid last 24h −0.030%
Price spread now: Bitget against KuCoin+0.184%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$709as in the Funding arb table
Net, price: spread back to 7d avg − costs−$711as in the Price arb table
costs, in and out, $10k−$7267.264% of the position
Funding, last 7 days+0.177%+$18 on $10k
+Price spread, last 4 days (all we have)−0.249%−$25 · spread now +0.184%, 7d avg +0.034%
=The price spread pays, funding is against you. Bitget is 0.150% dearer against KuCoin than usual: you sell high and buy low (spread +0.184% now, against its 7-day average of +0.034%): +$15 on $10k if it goes back. Holding the pair costs −$47 a day in funding at the current rate, which eats that in about 8 hours. Mind the row above: over the last 7 days funding on this pair paid +0.177%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.177% in total (about 9.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$15.63 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 | KuCoin AAOIUSDTM | 108.68 | 0.0100 | pay 0.0100% / 8h | 2h 10m | $455K | $199K | 20x |
| Short | Bitget AAOIUSDT | 108.88 | −0.1463 | pay 0.1463% / 8h | 2h 10m | $3.0M | $3.6M | 20x |
KuCoin AAOIUSDTM
Bitget AAOIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against KuCoin. 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
- −$328.23
- Price spread: +0.184% → +0.034%
- $14.96
- Slippage, 4 orders
- −$702.36
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$1,039.63
- Costs to cover
- 7.264%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 48 min ago; Bitget: live order book, 3 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 KuCoin live order book, 48 min ago | 11.50 bp | 434.7 bp −$435 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 2.76 bp | 19.6 bp −$20 | 43.1 bp −$431 | 113.9 bp −$11.4K | 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 AAOIUSDTshort | −0.1463% | 8h | 108.88 | +0.184% | $3.0M | $3.6M | 20x | |
| Aster AAOIUSDT | 0.0000% | 8h | 108.90 | +0.202% | $40K | $37K | 20x | as long as short |
| Gate AAOI_USDT | 0.0000% | 8h | 108.75 | +0.064% | $3.8M | $13.3M | 50x | as long as short |
| Variational Omni AAOI | 0.0000% | 8h | 108.80 | +0.111% | $149K | $127K | — | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 108.90 | +0.202% | $1K | $1.2M | 10x | as long as short |
| HTX AAOI-USDT | 0.0000% | 8h | 108.83 | +0.138% | $24K | $46K | 20x | as long as short |
| Binance AAOIUSDT | +0.0013% | 8h | 108.90 | +0.202% | $14.8M | $44.4M | 20x | as long as short |
| Extended AAOI-USD | +0.0016% | 1h | 108.82 | +0.133% | $14K | $234K | 10x | as long as short |
| Lighter AAOI | +0.0032% | 1h | 108.90 | +0.202% | — | — | 10x | as long as short |
| GRVT AAOI_USDT_Perp | +0.0033% | 8h | 108.22 | −0.423% | $397 | $116K | 10x | as long as short |
Aster AAOIUSDT
Gate AAOI_USDT
Variational Omni AAOI
SunX AAOI-USDT
HTX AAOI-USDT
Binance AAOIUSDT
Extended AAOI-USD
Lighter AAOI
GRVT AAOI_USDT_PerpShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin AAOI-USDT | +0.0036% | 8h | 108.80 | +0.110% | $276K | $64K | 20x | as long as short |
| Bybit AAOIUSDT | +0.0047% | 8h | 108.95 | +0.248% | $1.7M | $2.8M | 25x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 108.76 | +0.074% | $183 | $110K | 20x | as long as short |
| QFEX AAOI-USD | +0.0054% | 1h | 108.73 | +0.046% | $1.1M | $1.9M | 10x | as long as short |
| KuCoin AAOIUSDTMlong | +0.0100% | 8h | 108.68 | long leg | $455K | $199K | 20x | |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 108.85 | +0.156% | $2K | $13K | 10x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 108.91 | +0.208% | — | — | 10x | as long as short |
| tradeXYZ xyz:AAOI | +0.0268% | 1h | 108.81 | +0.120% | $2.0M | $1.4M | 10x | as long as short |
| Paragon para:AAOI | +0.0329% | 1h | 108.68 | −0.003% | $228K | $721K | 10x | as long as short |
| OKX AAOI-USDT-SWAP | +0.0421% | 8h | 108.95 | +0.248% | $5.0M | $20.4M | 20x | as long as short |
| edgeX AAOIUSDC | +0.0838% | 4h | 108.49 | −0.177% | $13K | $263K | 10x | as long as short |
BloFin AAOI-USDT
Bybit AAOIUSDT
Popdex AAOIUSDT
QFEX AAOI-USD
Orderly PERP_AAOI_USDC_mythos
Aevo AAOI-PERP
tradeXYZ xyz:AAOI
Paragon para:AAOI
OKX AAOI-USDT-SWAP
edgeX AAOIUSDC