Funding you earn now, next payment 16:00 UTC+0.0341%/8h= +37.3% APRnext payment +$3.41 per $10,000 · paid last 24h +0.123%
Price spread now: Gate against Bitget0.000%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$760.760% of the position
Funding, last 7 days+0.023%+$2 on $10k
+Price spread, last 7 days+0.048%+$5 · spread now 0.000%, 7d avg +0.038%
=Funding pays, the price is against you. Gate is 0.038% cheaper against Bitget than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.038%). If the spread goes back, that is −$4 on $10k: about 9 hours of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.023% in total) that is about 11 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.023% in total (about 1.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.41 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget AAOIUSDT | 109.21 | −0.0341 | get 0.0341% / 8h | 5h 48m | $3.3M | $4.3M | 20x |
| Short | Gate AAOI_USDT | 109.21 | 0 | get 0.0000% / 8h | 5h 48m | $3.8M | $12.7M | 50x |
Bitget AAOIUSDT
Gate AAOI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bitget. 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
- $71.61
- Price spread: 0.000% → +0.038%
- −$3.84
- Slippage, 4 orders
- −$49.01
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$8.24
- Costs to cover
- 0.760%
- Break-even
- 7.8 days
Slippage from Bitget: live order book, 3 min ago; Gate: 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 Bitget live order book, 3 min ago | 3.21 bp | 17.7 bp −$18 | 38.5 bp −$385 | 102.4 bp −$10.2K | doesn't fit |
| Sell Gate live order book, 3 min ago | 3.21 bp | 23.9 bp −$24 | 50.5 bp −$505 | 74.3 bp −$7,428 | doesn't fit |
AAOI on 21 exchanges
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 AAOIUSDTlong | −0.0341% | 8h | 109.21 | long leg | $3.3M | $4.3M | 20x | |
| Aster AAOIUSDT | 0.0000% | 8h | 109.30 | +0.081% | $40K | $43K | 20x | as long as short |
| Bybit AAOIUSDT | 0.0000% | 8h | 109.22 | +0.009% | $1.8M | $2.9M | 25x | as long as short |
| Gate AAOI_USDTshort | 0.0000% | 8h | 109.21 | 0.000% | $3.8M | $12.7M | 50x | |
| SunX AAOI-USDT | 0.0000% | 8h | 108.94 | −0.247% | $1K | $1.1M | 10x | as long as short |
| HTX AAOI-USDT | 0.0000% | 8h | 109.07 | −0.128% | $24K | $47K | 20x | as long as short |
| QFEX AAOI-USD | +0.0031% | 1h | 109.16 | −0.046% | $1.1M | $1.8M | 10x | as long as short |
| Lighter AAOI | +0.0032% | 1h | 109.14 | −0.064% | — | — | 10x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 109.11 | −0.092% | $973 | $109K | 20x | as long as short |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 109.24 | +0.027% | $1K | $14K | 10x | as long as short |
Aster AAOIUSDT
Bybit AAOIUSDT
SunX AAOI-USDT
HTX AAOI-USDT
QFEX AAOI-USD
Lighter AAOI
Popdex AAOIUSDT
Orderly PERP_AAOI_USDC_mythosShow all 21 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin AAOIUSDTM | +0.0100% | 8h | 109.24 | +0.027% | $450K | $361K | 20x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 109.24 | +0.029% | — | — | 10x | as long as short |
| tradeXYZ xyz:AAOI | +0.0109% | 1h | 109.15 | −0.055% | $1.9M | $1.7M | 10x | as long as short |
| Variational Omni AAOI | +0.0121% | 8h | 109.08 | −0.117% | $117K | $156K | — | as long as short |
| OKX AAOI-USDT-SWAP | +0.0230% | 8h | 109.19 | −0.018% | $4.8M | $22.3M | 20x | as long as short |
| edgeX AAOIUSDC | +0.0236% | 4h | 109.02 | −0.174% | $12K | $264K | 10x | as long as short |
| Extended AAOI-USD | +0.0272% | 1h | 109.16 | −0.042% | $14K | $238K | 10x | as long as short |
| Binance AAOIUSDT | +0.0274% | 8h | 109.17 | −0.037% | $14.8M | $49.5M | 20x | as long as short |
| BloFin AAOI-USDT | +0.0285% | 8h | 109.24 | +0.027% | $274K | $75K | 20x | as long as short |
| Paragon para:AAOI | +0.0388% | 1h | 109.15 | −0.051% | $228K | $720K | 10x | as long as short |
| GRVT AAOI_USDT_Perp | +0.0801% | 8h | 108.96 | −0.229% | $593 | $110K | 10x | as long as short |
KuCoin AAOIUSDTM
Aevo AAOI-PERP
tradeXYZ xyz:AAOI
Variational Omni AAOI
OKX AAOI-USDT-SWAP
edgeX AAOIUSDC
Extended AAOI-USD
Binance AAOIUSDT
BloFin AAOI-USDT
Paragon para:AAOI
GRVT AAOI_USDT_Perp