Funding you earn now, next payment 08:00 UTC+0.0034%/8h= +3.7% APRnext payment +$0.34 per $10,000 · paid last 24h −0.005%
Price spread now: Bybit against Binance+0.065%7-day average −0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$520.522% of the position
Funding, last 7 days−0.069%−$7 on $10k
+Price spread, last 7 days−0.086%−$9 · spread now +0.065%, 7d avg −0.031%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bybit is 0.096% dearer against Binance than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.031%. Mind the row above: over the last 7 days funding on this pair cost −0.069%, 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 | Binance AAOIUSDT | 107.82 | 0.0012 | pay 0.0012% / 8h | 1h 41m | $14.7M | $44.7M | 20x |
| Short | Bybit AAOIUSDT | 107.89 | 0.0046 | get 0.0046% / 8h | 1h 41m | $1.7M | $2.8M | 25x |
Binance AAOIUSDT
Bybit AAOIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. 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
- $7.08
- Price spread: +0.065% → −0.031%
- $9.57
- Slippage, 4 orders
- −$31.25
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$35.6
- Costs to cover
- 0.522%
- Break-even
- 42.2 days
Slippage from Binance: live order book, 16 min ago; Bybit: live order book, 1 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 Binance live order book, 16 min ago | 1.39 bp | 10.9 bp −$11 | 33.6 bp −$336 | 108.8 bp −$10.9K | doesn't fit |
| Sell Bybit live order book, 1 min ago | 2.78 bp | 18.3 bp −$18 | 95.3 bp −$953 | 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 | −0.1419% | 8h | 107.97 | +0.139% | $3.0M | $3.7M | 20x | as long as short |
| BloFin AAOI-USDT | −0.0006% | 8h | 107.82 | 0.000% | $276K | $64K | 20x | as long as short |
| Aster AAOIUSDT | 0.0000% | 8h | 108.17 | +0.325% | $40K | $37K | 20x | as long as short |
| Gate AAOI_USDT | 0.0000% | 8h | 107.84 | +0.019% | $3.8M | $13.1M | 50x | as long as short |
| Variational Omni AAOI | 0.0000% | 8h | 107.79 | −0.031% | $148K | $127K | — | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 107.80 | −0.019% | $1K | $1.2M | 10x | as long as short |
| HTX AAOI-USDT | 0.0000% | 8h | 107.89 | +0.065% | $24K | $47K | 20x | as long as short |
| Binance AAOIUSDTlong | +0.0012% | 8h | 107.82 | long leg | $14.7M | $44.7M | 20x | |
| Extended AAOI-USD | +0.0016% | 1h | 107.84 | +0.020% | $15K | $232K | 10x | as long as short |
| GRVT AAOI_USDT_Perp | +0.0020% | 8h | 107.95 | +0.119% | $902 | $115K | 10x | as long as short |
Bitget AAOIUSDT
BloFin AAOI-USDT
Aster AAOIUSDT
Gate AAOI_USDT
Variational Omni AAOI
SunX AAOI-USDT
HTX AAOI-USDT
Extended AAOI-USD
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 | 107.79 | −0.028% | — | — | 10x | as long as short |
| QFEX AAOI-USD | +0.0041% | 1h | 107.79 | −0.028% | $1.1M | $1.9M | 10x | as long as short |
| Bybit AAOIUSDTshort | +0.0046% | 8h | 107.89 | +0.065% | $1.7M | $2.8M | 25x | |
| Popdex AAOIUSDT | +0.0048% | 1h | 107.86 | +0.037% | $242 | $109K | 20x | as long as short |
| KuCoin AAOIUSDTM | +0.0100% | 8h | 107.82 | 0.000% | $452K | $201K | 20x | as long as short |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 107.76 | −0.056% | $1K | $13K | 10x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 107.78 | −0.036% | — | — | 10x | as long as short |
| Paragon para:AAOI | +0.0240% | 1h | 107.75 | −0.066% | $226K | $721K | 10x | as long as short |
| tradeXYZ xyz:AAOI | +0.0331% | 1h | 107.81 | −0.009% | $2.0M | $1.4M | 10x | as long as short |
| OKX AAOI-USDT-SWAP | +0.0431% | 8h | 107.87 | +0.046% | $4.9M | $20.4M | 20x | as long as short |
| edgeX AAOIUSDC | +0.0981% | 4h | 107.84 | +0.019% | $13K | $265K | 10x | as long as short |
Lighter AAOI
QFEX AAOI-USD
Popdex AAOIUSDT
KuCoin AAOIUSDTM
Orderly PERP_AAOI_USDC_mythos
Aevo AAOI-PERP
Paragon para:AAOI
tradeXYZ xyz:AAOI
OKX AAOI-USDT-SWAP
edgeX AAOIUSDC