Funding you earn now, next payment 08:00 UTC−0.0024%/8h= −2.6% APRnext payment −$0.24 per $10,000 · paid last 24h −0.030%
Price spread now: Bybit against KuCoin−0.018%7-day average +0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$803as in the Funding arb table
Net, price: spread back to 7d avg − costs−$822as in the Price arb table
costs, in and out, $10k−$8158.151% of the position
Funding, last 7 days+0.125%+$13 on $10k
+Price spread, last 4 days (all we have)−0.173%−$17 · spread now −0.018%, 7d avg +0.048%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bybit is 0.066% cheaper against KuCoin than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.048%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.125%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin AAOIUSDTM | 111.77 | 0.0100 | pay 0.0100% / 8h | 4h 34m | $467K | $175K | 20x |
| Short | Bybit AAOIUSDT | 111.75 | 0.0076 | get 0.0076% / 8h | 4h 34m | $1.8M | $2.6M | 25x |
KuCoin AAOIUSDTM
Bybit AAOIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$5.08
- Price spread: −0.018% → +0.048%
- −$6.59
- Slippage, 4 orders
- −$792.1
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$826.77
- Costs to cover
- 8.151%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 48 min ago; Bybit: 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 | 10.77 bp | 428.4 bp −$428 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 2.23 bp | 15.7 bp −$16 | 96.5 bp −$965 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster AAOIUSDT | 0.0000% | 8h | 111.65 | −0.105% | $41K | $37K | 20x | as long as short |
| Extended AAOI-USD | 0.0000% | 1h | 111.68 | −0.081% | $17K | $211K | 10x | as long as short |
| Binance AAOIUSDT | 0.0000% | 8h | 111.69 | −0.071% | $15.2M | $41.9M | 20x | as long as short |
| Gate AAOI_USDT | 0.0000% | 8h | 111.73 | −0.036% | $4.0M | $13.0M | 50x | as long as short |
| Bitget AAOIUSDT | 0.0000% | 8h | 111.69 | −0.072% | $2.8M | $3.0M | 20x | as long as short |
| Variational Omni AAOI | 0.0000% | 8h | 111.80 | +0.027% | $153K | $131K | — | as long as short |
| GRVT AAOI_USDT_Perp | 0.0000% | 8h | 111.78 | +0.009% | $753 | $103K | 10x | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 111.73 | −0.036% | $959 | $1.2M | 10x | as long as short |
| HTX AAOI-USDT | 0.0000% | 8h | 111.77 | 0.000% | $24K | $42K | 20x | as long as short |
| BloFin AAOI-USDT | +0.0018% | 8h | 111.69 | −0.072% | $261K | $63K | 20x | as long as short |
Aster AAOIUSDT
Extended AAOI-USD
Binance AAOIUSDT
Gate AAOI_USDT
Bitget AAOIUSDT
Variational Omni AAOI
GRVT AAOI_USDT_Perp
SunX AAOI-USDT
HTX AAOI-USDT
BloFin AAOI-USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:AAOI | +0.0019% | 1h | 111.70 | −0.063% | $239K | $717K | 10x | as long as short |
| Lighter AAOI | +0.0032% | 1h | 111.71 | −0.054% | — | — | 10x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 111.70 | −0.063% | $1K | $109K | 20x | as long as short |
| QFEX AAOI-USD | +0.0053% | 1h | 111.69 | −0.072% | $1.1M | $2.2M | 10x | as long as short |
| Bybit AAOIUSDTshort | +0.0076% | 8h | 111.75 | −0.018% | $1.8M | $2.6M | 25x | |
| KuCoin AAOIUSDTMlong | +0.0100% | 8h | 111.77 | long leg | $467K | $175K | 20x | |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 111.68 | −0.081% | $2K | $13K | 10x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 111.69 | −0.075% | — | — | 10x | as long as short |
| OKX AAOI-USDT-SWAP | +0.0121% | 8h | 111.81 | +0.036% | $4.7M | $19.4M | 20x | as long as short |
| tradeXYZ xyz:AAOI | +0.0239% | 1h | 111.67 | −0.089% | $2.0M | $1.4M | 10x | as long as short |
| edgeX AAOIUSDC | +0.0502% | 4h | 111.80 | +0.029% | $13K | $264K | 10x | as long as short |
Paragon para:AAOI
Lighter AAOI
Popdex AAOIUSDT
QFEX AAOI-USD
Orderly PERP_AAOI_USDC_mythos
Aevo AAOI-PERP
OKX AAOI-USDT-SWAP
tradeXYZ xyz:AAOI
edgeX AAOIUSDC