Funding you earn now, next payment 16:00 UTC+0.1246%/8h= +136.4% APRnext payment +$12.46 per $10,000 · paid last 24h +0.153%
Price spread now: KuCoin against Bitget−0.252%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$770as in the Funding arb table
Net, price: spread back to 7d avg − costs−$786as in the Price arb table
costs, in and out, $10k−$7647.645% of the position
Funding, last 7 days−0.054%−$5 on $10k
+Price spread, last 4 days (all we have)+0.362%+$36 · spread now −0.252%, 7d avg −0.036%
=Funding pays, the price is against you. KuCoin is 0.215% cheaper against Bitget than usual: you would sell low and buy high (spread −0.252% now, against its 7-day average of −0.036%). If the spread goes back, that is −$22 on $10k: about 14 hours of funding at the current rate (+$37 a day). Mind the row above: over the last 7 days funding on this pair cost −0.054%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.054% in total (about -2.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$12.46 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget AAOIUSDT | 107.32 | −0.1146 | get 0.1146% / 8h | 7h 20m | $3.2M | $4.2M | 20x |
| Short | KuCoin AAOIUSDTM | 107.05 | 0.0100 | get 0.0100% / 8h | 7h 20m | $440K | $264K | 20x |
Bitget AAOIUSDT
KuCoin AAOIUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $261.66
- Price spread: −0.252% → −0.036%
- −$21.51
- Slippage, 4 orders
- −$740.49
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$524.34
- Costs to cover
- 7.645%
- Break-even
- 21.0 days
Slippage from Bitget: live order book, 7 min ago; KuCoin: 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, 7 min ago | 2.82 bp | 14.9 bp −$15 | 23.8 bp −$238 | 88.8 bp −$8,882 | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 7.97 bp | 346.8 bp −$347 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget AAOIUSDTlong | −0.1146% | 8h | 107.32 | long leg | $3.2M | $4.2M | 20x | |
| GRVT AAOI_USDT_Perp | −0.0036% | 8h | 106.70 | −0.578% | $750 | $111K | 10x | as long as short |
| BloFin AAOI-USDT | −0.0007% | 8h | 107.10 | −0.205% | $278K | $66K | 20x | as long as short |
| Aster AAOIUSDT | 0.0000% | 8h | 106.93 | −0.365% | $39K | $43K | 20x | as long as short |
| Extended AAOI-USD | 0.0000% | 1h | 107.17 | −0.135% | $14K | $229K | 10x | as long as short |
| Binance AAOIUSDT | 0.0000% | 8h | 107.20 | −0.116% | $14.6M | $47.9M | 20x | as long as short |
| Bybit AAOIUSDT | 0.0000% | 8h | 107.18 | −0.130% | $1.7M | $2.9M | 25x | as long as short |
| Gate AAOI_USDT | 0.0000% | 8h | 107.24 | −0.075% | $3.7M | $12.9M | 50x | as long as short |
| Variational Omni AAOI | 0.0000% | 8h | 107.33 | +0.009% | $115K | $157K | — | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 107.26 | −0.056% | $1K | $1.2M | 10x | as long as short |
GRVT AAOI_USDT_Perp
BloFin AAOI-USDT
Aster AAOIUSDT
Extended AAOI-USD
Binance AAOIUSDT
Bybit AAOIUSDT
Gate AAOI_USDT
Variational Omni AAOI
SunX AAOI-USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX AAOI-USDT | 0.0000% | 8h | 106.62 | −0.652% | $23K | $47K | 20x | as long as short |
| Lighter AAOI | +0.0032% | 1h | 107.21 | −0.102% | — | — | 10x | as long as short |
| QFEX AAOI-USD | +0.0045% | 1h | 107.23 | −0.084% | $1.1M | $1.8M | 10x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 107.16 | −0.149% | $987 | $109K | 20x | as long as short |
| tradeXYZ xyz:AAOI | +0.0050% | 1h | 107.21 | −0.102% | $1.9M | $1.6M | 10x | as long as short |
| Orderly PERP_AAOI_USDC_mythos | +0.0099% | 8h | 107.14 | −0.168% | $1K | $14K | 10x | as long as short |
| KuCoin AAOIUSDTMshort | +0.0100% | 8h | 107.05 | −0.252% | $440K | $264K | 20x | |
| Aevo AAOI-PERP | +0.0104% | 1h | 107.07 | −0.237% | — | — | 10x | as long as short |
| Paragon para:AAOI | +0.0230% | 1h | 107.23 | −0.081% | $224K | $721K | 10x | as long as short |
| OKX AAOI-USDT-SWAP | +0.0261% | 8h | 107.30 | −0.019% | $4.8M | $21.1M | 20x | as long as short |
| edgeX AAOIUSDC | +0.0722% | 4h | 106.75 | −0.528% | $12K | $264K | 10x | as long as short |
HTX AAOI-USDT
Lighter AAOI
QFEX AAOI-USD
Popdex AAOIUSDT
tradeXYZ xyz:AAOI
Orderly PERP_AAOI_USDC_mythos
Aevo AAOI-PERP
Paragon para:AAOI
OKX AAOI-USDT-SWAP
edgeX AAOIUSDC