Funding you earn now, next payment 05:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.007%
Price spread now: BloFin against Popdex−0.045%7-day average −0.019% · 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−$83as in the Price arb table
costs, in and out, $10k−$800.802% of the position
Funding, last 4 days (all we have)+0.096%+$10 on $10k
+Price spread, last 4 days (all we have)−0.056%−$6 · spread now −0.045%, 7d avg −0.019%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.027% cheaper against Popdex than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.019%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.096%, 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 | Popdex AAOIUSDT | 109.99 | 0.0048 | pay 0.0006% / 1h | 38m 09s | $1K | $108K | 20x |
| Short | BloFin AAOI-USDT | 109.94 | 0.0016 | get 0.0016% / 8h | 3h 38m | $268K | $63K | 20x |
Popdex AAOIUSDT
BloFin AAOI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Popdex. 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
- −$6.75
- Price spread: −0.045% → −0.019%
- −$2.68
- Slippage, 4 orders
- −$61.8
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$89.63
- Costs to cover
- 0.802%
- Break-even
- never at this rate
Slippage from Popdex: live order book, 15 min ago; BloFin: live order book, 54 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 Popdex live order book, 15 min ago | 3.14 bp | 23.5 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 54 min ago | 0.89 bp | 11.8 bp −$12 | 27.2 bp −$272 | 71.5 bp −$7,152 | 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 | 109.92 | −0.067% | $40K | $37K | 20x | as long as short |
| Extended AAOI-USD | 0.0000% | 1h | 109.96 | −0.029% | $16K | $210K | 10x | as long as short |
| Binance AAOIUSDT | 0.0000% | 8h | 109.94 | −0.045% | $14.9M | $42.3M | 20x | as long as short |
| Gate AAOI_USDT | 0.0000% | 8h | 109.96 | −0.027% | $4.0M | $13.1M | 50x | as long as short |
| Bitget AAOIUSDT | 0.0000% | 8h | 109.98 | −0.009% | $2.7M | $3.0M | 20x | as long as short |
| Variational Omni AAOI | 0.0000% | 8h | 110.28 | +0.264% | $151K | $131K | — | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 110.02 | +0.027% | $1K | $1.2M | 10x | as long as short |
| HTX AAOI-USDT | 0.0000% | 8h | 110.02 | +0.027% | $24K | $44K | 20x | as long as short |
| BloFin AAOI-USDTshort | +0.0016% | 8h | 109.94 | −0.045% | $268K | $63K | 20x | |
| GRVT AAOI_USDT_Perp | +0.0027% | 8h | 110.39 | +0.364% | $761 | $105K | 10x | as long as short |
Aster AAOIUSDT
Extended AAOI-USD
Binance AAOIUSDT
Gate AAOI_USDT
Bitget AAOIUSDT
Variational Omni AAOI
SunX AAOI-USDT
HTX AAOI-USDT
GRVT AAOI_USDT_PerpShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter AAOI | +0.0032% | 1h | 109.98 | −0.009% | — | — | 10x | as long as short |
| Popdex AAOIUSDTlong | +0.0048% | 1h | 109.99 | long leg | $1K | $108K | 20x | |
| QFEX AAOI-USD | +0.0076% | 1h | 109.99 | 0.000% | $1.2M | $2.0M | 10x | as long as short |
| KuCoin AAOIUSDTM | +0.0100% | 8h | 109.94 | −0.045% | $460K | $186K | 20x | as long as short |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 109.96 | −0.027% | $2K | $13K | 10x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 109.96 | −0.031% | — | — | 10x | as long as short |
| Bybit AAOIUSDT | +0.0118% | 8h | 109.96 | −0.027% | $1.8M | $2.7M | 25x | as long as short |
| OKX AAOI-USDT-SWAP | +0.0301% | 8h | 109.96 | −0.027% | $4.7M | $19.5M | 20x | as long as short |
| tradeXYZ xyz:AAOI | +0.0341% | 1h | 109.89 | −0.091% | $2.0M | $1.4M | 10x | as long as short |
| Paragon para:AAOI | +0.0502% | 1h | 110.06 | +0.068% | $233K | $719K | 10x | as long as short |
| edgeX AAOIUSDC | +0.0551% | 4h | 110.27 | +0.255% | $13K | $263K | 10x | as long as short |
Lighter AAOI
QFEX AAOI-USD
KuCoin AAOIUSDTM
Orderly PERP_AAOI_USDC_mythos
Aevo AAOI-PERP
Bybit AAOIUSDT
OKX AAOI-USDT-SWAP
tradeXYZ xyz:AAOI
Paragon para:AAOI
edgeX AAOIUSDC