Funding you earn now, next payment 08:00 UTC+0.0041%/8h= +4.5% APRnext payment +$0.41 per $10,000 · paid last 24h −0.009%
Price spread now: Bybit against Gate−0.009%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$650.647% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 7 days−0.101%−$10 · spread now −0.009%, 7d avg −0.039%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bybit is 0.030% dearer against Gate than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.039%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate AAOI_USDT | 108.53 | 0 | get 0.0000% / 8h | 2h 04m | $3.8M | $13.4M | 50x |
| Short | Bybit AAOIUSDT | 108.52 | 0.0041 | get 0.0041% / 8h | 2h 04m | $1.7M | $2.8M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Gate. 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
- $8.67
- Price spread: −0.009% → −0.039%
- $2.97
- Slippage, 4 orders
- −$38.74
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$53.1
- Costs to cover
- 0.647%
- Break-even
- 49.9 days
Slippage from Gate: live order book, 5 min ago; Bybit: 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 Gate live order book, 5 min ago | 5.06 bp | 15.4 bp −$15 | 47.8 bp −$478 | 77.1 bp −$7,712 | doesn't fit |
| Sell Bybit live order book, 3 min ago | 3.22 bp | 16.4 bp −$16 | 79.2 bp −$792 | 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 | −0.1367% | 8h | 108.64 | +0.101% | $3.0M | $3.6M | 20x | as long as short |
| Aster AAOIUSDT | 0.0000% | 8h | 108.62 | +0.086% | $40K | $37K | 20x | as long as short |
| Gate AAOI_USDTlong | 0.0000% | 8h | 108.53 | long leg | $3.8M | $13.4M | 50x | |
| Variational Omni AAOI | 0.0000% | 8h | 108.69 | +0.148% | $149K | $127K | — | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 108.69 | +0.147% | $922 | $1.2M | 10x | as long as short |
| HTX AAOI-USDT | 0.0000% | 8h | 108.80 | +0.249% | $24K | $46K | 20x | as long as short |
| Binance AAOIUSDT | +0.0013% | 8h | 108.57 | +0.037% | $14.7M | $44.5M | 20x | as long as short |
| Extended AAOI-USD | +0.0016% | 1h | 108.53 | −0.001% | $14K | $234K | 10x | as long as short |
| BloFin AAOI-USDT | +0.0025% | 8h | 108.66 | +0.120% | $273K | $64K | 20x | as long as short |
| Lighter AAOI | +0.0032% | 1h | 108.48 | −0.046% | — | — | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit AAOIUSDTshort | +0.0041% | 8h | 108.52 | −0.009% | $1.7M | $2.8M | 25x | |
| GRVT AAOI_USDT_Perp | +0.0043% | 8h | 108.81 | +0.258% | $600 | $116K | 10x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 108.65 | +0.111% | $208 | $109K | 20x | as long as short |
| QFEX AAOI-USD | +0.0054% | 1h | 108.57 | +0.037% | $1.1M | $1.9M | 10x | as long as short |
| KuCoin AAOIUSDTM | +0.0100% | 8h | 108.52 | −0.009% | $455K | $200K | 20x | as long as short |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 108.56 | +0.028% | $2K | $13K | 10x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 108.54 | +0.008% | — | — | 10x | as long as short |
| tradeXYZ xyz:AAOI | +0.0257% | 1h | 108.47 | −0.055% | $2.0M | $1.4M | 10x | as long as short |
| Paragon para:AAOI | +0.0277% | 1h | 108.61 | +0.071% | $228K | $721K | 10x | as long as short |
| OKX AAOI-USDT-SWAP | +0.0416% | 8h | 108.67 | +0.129% | $4.9M | $20.4M | 20x | as long as short |
| edgeX AAOIUSDC | +0.0439% | 4h | 108.76 | +0.213% | $13K | $264K | 10x | as long as short |
Gate AAOI_USDT
Bybit AAOIUSDT
Bitget AAOIUSDT
Aster AAOIUSDT
Variational Omni AAOI
SunX AAOI-USDT
HTX AAOI-USDT
Binance AAOIUSDT
Extended AAOI-USD
BloFin AAOI-USDT
Lighter AAOI
GRVT AAOI_USDT_Perp
Popdex AAOIUSDT
KuCoin AAOIUSDTM
tradeXYZ xyz:AAOI
Paragon para:AAOI
OKX AAOI-USDT-SWAP
edgeX AAOIUSDC