Funding you earn now, next payment 16:00 UTC−0.0036%/8h= −3.9% APRnext payment −$0.36 per $10,000 · paid last 24h −0.008%
Price spread now: Bybit against BloFin−0.019%7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$670.675% of the position
Funding, last 7 days−0.091%−$9 on $10k
+Price spread, last 4 days (all we have)+0.142%+$14 · spread now −0.019%, 7d avg +0.025%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bybit is 0.044% cheaper against BloFin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.025%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin AAOI-USDT | 107.52 | 0.0036 | pay 0.0036% / 8h | 6h 55m | $272K | $68K | 20x |
| Short | Bybit AAOIUSDT | 107.50 | 0 | get 0.0000% / 8h | 6h 55m | $1.7M | $2.9M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BloFin. 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
- −$7.56
- Price spread: −0.019% → +0.025%
- −$4.38
- Slippage, 4 orders
- −$44.47
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$79.41
- Costs to cover
- 0.675%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 6 min ago; Bybit: 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 BloFin live order book, 6 min ago | 2.32 bp | 10.3 bp −$10 | 20.4 bp −$204 | 77.5 bp −$7,750 | doesn't fit |
| Sell Bybit live order book, 2 min ago | 3.24 bp | 14.8 bp −$15 | 145.1 bp −$1,451 | 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 | −0.0907% | 8h | 107.43 | −0.084% | $3.2M | $4.2M | 20x | as long as short |
| Aster AAOIUSDT | 0.0000% | 8h | 107.25 | −0.247% | $39K | $43K | 20x | as long as short |
| Bybit AAOIUSDTshort | 0.0000% | 8h | 107.50 | −0.019% | $1.7M | $2.9M | 25x | |
| Gate AAOI_USDT | 0.0000% | 8h | 107.49 | −0.028% | $3.7M | $12.6M | 50x | as long as short |
| Variational Omni AAOI | 0.0000% | 8h | 107.84 | +0.301% | $115K | $157K | — | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 107.78 | +0.242% | $845 | $1.2M | 10x | as long as short |
| HTX AAOI-USDT | 0.0000% | 8h | 108.07 | +0.512% | $24K | $47K | 20x | as long as short |
| QFEX AAOI-USD | +0.0005% | 1h | 107.67 | +0.140% | $1.1M | $1.8M | 10x | as long as short |
| Lighter AAOI | +0.0032% | 1h | 107.47 | −0.047% | — | — | 10x | as long as short |
| BloFin AAOI-USDTlong | +0.0036% | 8h | 107.52 | long leg | $272K | $68K | 20x |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex AAOIUSDT | +0.0048% | 1h | 107.50 | −0.019% | $932 | $109K | 20x | as long as short |
| Binance AAOIUSDT | +0.0054% | 8h | 107.46 | −0.058% | $14.5M | $48.4M | 20x | as long as short |
| Extended AAOI-USD | +0.0056% | 1h | 107.47 | −0.046% | $16K | $234K | 10x | as long as short |
| Paragon para:AAOI | +0.0090% | 1h | 107.59 | +0.065% | $225K | $720K | 10x | as long as short |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 107.54 | +0.019% | $1K | $14K | 10x | as long as short |
| KuCoin AAOIUSDTM | +0.0100% | 8h | 107.48 | −0.037% | $442K | $289K | 20x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 107.60 | +0.077% | — | — | 10x | as long as short |
| tradeXYZ xyz:AAOI | +0.0160% | 1h | 107.34 | −0.167% | $1.9M | $1.7M | 10x | as long as short |
| OKX AAOI-USDT-SWAP | +0.0254% | 8h | 107.48 | −0.037% | $4.8M | $21.4M | 20x | as long as short |
| edgeX AAOIUSDC | +0.0552% | 4h | 107.93 | +0.381% | $12K | $263K | 10x | as long as short |
| GRVT AAOI_USDT_Perp | +0.0756% | 8h | 107.95 | +0.400% | $410 | $111K | 10x | as long as short |
BloFin AAOI-USDT
Bybit AAOIUSDT
Bitget AAOIUSDT
Aster AAOIUSDT
Gate AAOI_USDT
Variational Omni AAOI
SunX AAOI-USDT
HTX AAOI-USDT
Lighter AAOI
Popdex AAOIUSDT
Binance AAOIUSDT
Extended AAOI-USD
Paragon para:AAOI
KuCoin AAOIUSDTM
tradeXYZ xyz:AAOI
OKX AAOI-USDT-SWAP
edgeX AAOIUSDC
GRVT AAOI_USDT_Perp