AAOI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.025%

Price spread now: Binance against KuCoin−0.029%7-day average +0.106% · you buy dearer than you sell

Net, funding: paid 7d − costs−$851as in the Funding arb table

Net, price: spread back to 7d avg − costs−$884as in the Price arb table

costs, in and out, $10k−$8718.705% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.194%+$19 on $10k

Price spread, last 4 days (all we have)+1.052%+$105 · spread now −0.029%, 7d avg +0.106%

Together, before fees+1.246%+$125 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.134% cheaper against KuCoin than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.106%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.194%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin AAOIUSDTM	111.24	0.0100	pay 0.0100% / 8h	5h 25m	$466K	$170K	20x
Short	Binance AAOIUSDT	111.21	0	get 0.0000% / 8h	5h 25m	$15.1M	$41.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee BinancebpOrdersPrice spread, now −0.029%Rate

Funding earned: −$21
Price spread: −0.029% → +0.106%: −$13.45
Slippage, 4 orders: −$848.51
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$904.96
Costs to cover: 8.705%
Break-even: never at this rate

Slippage from KuCoin: live order book, 72 min ago; Binance: 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 KuCoin live order book, 72 min ago	8.59 bp	460.4 bp −$460	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 2 min ago	0.45 bp	11.0 bp −$11	37.0 bp −$370	100.8 bp −$10.1K	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
BloFin AAOI-USDT	−0.0028%	8h	111.19	−0.045%	$212K	$62K	20x	as long as short
Aster AAOIUSDT	0.0000%	8h	111.21	−0.027%	$41K	$37K	20x	as long as short
Extended AAOI-USD	0.0000%	1h	111.18	−0.058%	$14K	$211K	10x	as long as short
Binance AAOIUSDTshort	0.0000%	8h	111.21	−0.029%	$15.1M	$41.7M	20x
Bybit AAOIUSDT	0.0000%	8h	111.27	+0.027%	$1.8M	$2.6M	25x	as long as short
OKX AAOI-USDT-SWAP	0.0000%	8h	111.29	+0.045%	$4.5M	$19.1M	20x	as long as short
Gate AAOI_USDT	0.0000%	8h	111.23	−0.009%	$4.0M	$13.4M	50x	as long as short
Bitget AAOIUSDT	0.0000%	8h	111.19	−0.045%	$2.7M	$3.0M	20x	as long as short
Variational Omni AAOI	0.0000%	8h	111.24	+0.002%	$153K	$131K	—	as long as short
GRVT AAOI_USDT_Perp	0.0000%	8h	111.28	+0.040%	$664	$102K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX AAOI-USDT	0.0000%	8h	111.30	+0.054%	$1K	$1.2M	10x	as long as short
HTX AAOI-USDT	0.0000%	8h	111.17	−0.063%	$24K	$41K	20x	as long as short
QFEX AAOI-USD	+0.0017%	1h	111.14	−0.090%	$1.1M	$2.3M	10x	as long as short
Lighter AAOI	+0.0032%	1h	111.23	−0.009%	—	—	10x	as long as short
Popdex AAOIUSDT	+0.0048%	1h	111.20	−0.036%	$1K	$109K	20x	as long as short
KuCoin AAOIUSDTMlong	+0.0100%	8h	111.24	long leg	$466K	$170K	20x
Orderly PERP_AAOI_USDC_mythos	+0.0100%	8h	111.21	−0.027%	$2K	$13K	10x	as long as short
Aevo AAOI-PERP	+0.0104%	1h	111.18	−0.051%	—	—	10x	as long as short
tradeXYZ xyz:AAOI	+0.0228%	1h	111.18	−0.054%	$2.0M	$1.4M	10x	as long as short
Paragon para:AAOI	+0.0278%	1h	111.25	+0.009%	$239K	$712K	10x	as long as short
edgeX AAOIUSDC	+0.0515%	4h	111.27	+0.031%	$13K	$262K	10x	as long as short