Funding you earn now, next payment 03:00 UTC−0.0031%/8h= −3.4% APRnext payment −$0.04 per $10,000 · paid last 24h −0.007%
Price spread now: QFEX against Popdex−0.054%7-day average −0.031% · 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−$54as in the Price arb table
costs, in and out, $10k−$510.514% of the position
Funding, last 4 days (all we have)−0.034%−$3 on $10k
+Price spread, last 4 days (all we have)+0.004%$0 · spread now −0.054%, 7d avg −0.031%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and QFEX is 0.023% cheaper against Popdex than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.031%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Popdex AAOIUSDT | 111.20 | 0.0048 | pay 0.0006% / 1h | 25m 28s | $1K | $109K | 20x |
| Short | QFEX AAOI-USD | 111.14 | 0.0017 | get 0.0002% / 1h | 25m 28s | $1.1M | $2.3M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$6.54
- Price spread: −0.054% → −0.031%
- −$2.3
- Slippage, 4 orders
- −$35.01
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$60.24
- Costs to cover
- 0.514%
- Break-even
- never at this rate
Slippage from Popdex: live order book, 38 min ago; QFEX: live order book, 2 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, 38 min ago | 2.71 bp | 15.6 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 2 min ago | 1.35 bp | 10.7 bp −$11 | 14.1 bp −$141 | 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 | 111.19 | −0.011% | $41K | $37K | 20x | as long as short |
| Extended AAOI-USD | 0.0000% | 1h | 111.18 | −0.018% | $14K | $211K | 10x | as long as short |
| Binance AAOIUSDT | 0.0000% | 8h | 111.19 | −0.008% | $15.1M | $41.7M | 20x | as long as short |
| Bybit AAOIUSDT | 0.0000% | 8h | 111.26 | +0.054% | $1.8M | $2.6M | 25x | as long as short |
| OKX AAOI-USDT-SWAP | 0.0000% | 8h | 111.30 | +0.090% | $4.5M | $19.1M | 20x | as long as short |
| Gate AAOI_USDT | 0.0000% | 8h | 111.22 | +0.018% | $4.0M | $13.4M | 50x | as long as short |
| Bitget AAOIUSDT | 0.0000% | 8h | 111.19 | −0.009% | $2.7M | $3.0M | 20x | as long as short |
| Variational Omni AAOI | 0.0000% | 8h | 111.24 | +0.038% | $153K | $131K | — | as long as short |
| GRVT AAOI_USDT_Perp | 0.0000% | 8h | 111.28 | +0.076% | $664 | $102K | 10x | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 111.29 | +0.081% | $1K | $1.2M | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX AAOI-USDT | 0.0000% | 8h | 111.17 | −0.027% | $24K | $41K | 20x | as long as short |
| QFEX AAOI-USDshort | +0.0017% | 1h | 111.14 | −0.054% | $1.1M | $2.3M | 10x | |
| BloFin AAOI-USDT | +0.0022% | 8h | 111.32 | +0.108% | $255K | $62K | 20x | as long as short |
| Lighter AAOI | +0.0032% | 1h | 111.20 | 0.000% | — | — | 10x | as long as short |
| Popdex AAOIUSDTlong | +0.0048% | 1h | 111.20 | long leg | $1K | $109K | 20x | |
| KuCoin AAOIUSDTM | +0.0100% | 8h | 111.23 | +0.027% | $466K | $170K | 20x | as long as short |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 111.23 | +0.027% | $2K | $13K | 10x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 111.24 | +0.036% | — | — | 10x | as long as short |
| tradeXYZ xyz:AAOI | +0.0228% | 1h | 111.20 | 0.000% | $2.0M | $1.4M | 10x | as long as short |
| Paragon para:AAOI | +0.0278% | 1h | 111.25 | +0.045% | $239K | $712K | 10x | as long as short |
| edgeX AAOIUSDC | +0.0515% | 4h | 111.27 | +0.067% | $13K | $262K | 10x | as long as short |
Popdex AAOIUSDT
Aster AAOIUSDT
Extended AAOI-USD
Binance AAOIUSDT
Bybit AAOIUSDT
OKX AAOI-USDT-SWAP
Gate AAOI_USDT
Bitget AAOIUSDT
Variational Omni AAOI
GRVT AAOI_USDT_Perp
SunX AAOI-USDT
HTX AAOI-USDT
BloFin AAOI-USDT
Lighter AAOI
KuCoin AAOIUSDTM
tradeXYZ xyz:AAOI
Paragon para:AAOI
edgeX AAOIUSDC