Funding you earn now, next payment 05:00 UTC+0.0048%/8h= +5.3% APRpaid last 24h +0.009%
Price spread now: Popdex against Binance+0.210%7-day average −0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$760.757% of the position
Funding, last 4 days (all we have)−0.091%−$9 on $10k
+Price spread, last 4 days (all we have)−0.569%−$57 · spread now +0.210%, 7d avg −0.056%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Popdex is 0.266% dearer against Binance than usual: you sell high and buy low: +$27 more if the spread goes back to its 7-day average of −0.056%. Mind the row above: over the last 4 days funding on this pair cost −0.091%, 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 | 110.13 | 0 | get 0.0000% / 8h | 3h 41m | $15.0M | $42.3M | 20x |
| Short | Popdex AAOIUSDT | 110.36 | 0.0048 | get 0.0006% / 1h | 41m 08s | $1K | $109K | 20x |
Binance AAOIUSDT
Popdex AAOIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex 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
- $10.08
- Price spread: +0.210% → −0.056%
- $26.64
- Slippage, 4 orders
- −$59.26
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- −$38.93
- Costs to cover
- 0.757%
- Break-even
- 34.0 days
Slippage from Binance: live order book, 16 min ago; Popdex: live order book, 12 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 | 0.45 bp | 8.7 bp −$9 | 30.0 bp −$300 | 98.1 bp −$9,806 | doesn't fit |
| Sell Popdex live order book, 12 min ago | 3.14 bp | 32.4 bp −$32 | doesn't fit | 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 | 110.19 | +0.053% | $41K | $37K | 20x | as long as short |
| Extended AAOI-USD | 0.0000% | 1h | 110.21 | +0.073% | $16K | $213K | 10x | as long as short |
| Binance AAOIUSDTlong | 0.0000% | 8h | 110.13 | long leg | $15.0M | $42.3M | 20x | |
| Gate AAOI_USDT | 0.0000% | 8h | 110.14 | +0.010% | $4.0M | $13.0M | 50x | as long as short |
| Bitget AAOIUSDT | 0.0000% | 8h | 110.23 | +0.092% | $2.7M | $3.0M | 20x | as long as short |
| Variational Omni AAOI | 0.0000% | 8h | 110.28 | +0.138% | $151K | $131K | — | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 110.75 | +0.564% | $1K | $1.2M | 10x | as long as short |
| HTX AAOI-USDT | 0.0000% | 8h | 110.66 | +0.483% | $24K | $44K | 20x | as long as short |
| BloFin AAOI-USDT | +0.0003% | 8h | 110.37 | +0.219% | $270K | $63K | 20x | as long as short |
| GRVT AAOI_USDT_Perp | +0.0030% | 8h | 110.78 | +0.592% | $763 | $105K | 10x | as long as short |
Aster AAOIUSDT
Extended AAOI-USD
Gate AAOI_USDT
Bitget AAOIUSDT
Variational Omni AAOI
SunX AAOI-USDT
HTX AAOI-USDT
BloFin 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 | 110.24 | +0.101% | — | — | 10x | as long as short |
| Popdex AAOIUSDTshort | +0.0048% | 1h | 110.36 | +0.210% | $1K | $109K | 20x | |
| QFEX AAOI-USD | +0.0076% | 1h | 110.35 | +0.201% | $1.1M | $2.0M | 10x | as long as short |
| KuCoin AAOIUSDTM | +0.0100% | 8h | 110.24 | +0.101% | $461K | $184K | 20x | as long as short |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 110.20 | +0.065% | $2K | $13K | 10x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 110.22 | +0.083% | — | — | 10x | as long as short |
| Bybit AAOIUSDT | +0.0122% | 8h | 110.11 | −0.017% | $1.8M | $2.7M | 25x | as long as short |
| OKX AAOI-USDT-SWAP | +0.0304% | 8h | 110.25 | +0.110% | $4.8M | $19.5M | 20x | as long as short |
| edgeX AAOIUSDC | +0.0360% | 4h | 110.71 | +0.530% | $13K | $263K | 10x | as long as short |
| tradeXYZ xyz:AAOI | +0.0361% | 1h | 110.08 | −0.044% | $2.0M | $1.4M | 10x | as long as short |
| Paragon para:AAOI | +0.0504% | 1h | 110.40 | +0.247% | $234K | $719K | 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
edgeX AAOIUSDC
tradeXYZ xyz:AAOI
Paragon para:AAOI