Funding you earn now, next payment 08:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.96 per $10,000 · paid last 24h −0.030%
Price spread now: Bybit against KuCoin+0.083%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$937as in the Funding arb table
Net, price: spread back to 7d avg − costs−$946as in the Price arb table
costs, in and out, $10k−$9509.496% of the position
Funding, last 7 days+0.125%+$13 on $10k
+Price spread, last 4 days (all we have)−0.128%−$13 · spread now +0.083%, 7d avg +0.048%
=The price spread pays, funding is against you. Bybit is 0.036% dearer against KuCoin than usual: you sell high and buy low (spread +0.083% now, against its 7-day average of +0.048%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 30 hours. Mind the row above: over the last 7 days funding on this pair paid +0.125%, 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 | 107.83 | 0.0100 | pay 0.0100% / 8h | 32m 33s | $448K | $213K | 20x |
| Short | Bybit AAOIUSDT | 107.92 | 0.0004 | get 0.0004% / 8h | 32m 33s | $1.7M | $2.8M | 25x |
KuCoin AAOIUSDTM
Bybit AAOIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against KuCoin. 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
- −$20.17
- Price spread: +0.083% → +0.048%
- $3.58
- Slippage, 4 orders
- −$926.63
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$966.23
- Costs to cover
- 9.496%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 71 min ago; Bybit: live order book, 5 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, 71 min ago | 7.89 bp | 413.1 bp −$413 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 2.32 bp | 29.8 bp −$30 | 131.4 bp −$1,314 | 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 | −0.1368% | 8h | 108.00 | +0.158% | $3.2M | $3.9M | 20x | as long as short |
| Aster AAOIUSDT | 0.0000% | 8h | 107.91 | +0.074% | $40K | $37K | 20x | as long as short |
| Gate AAOI_USDT | 0.0000% | 8h | 107.87 | +0.037% | $3.7M | $12.9M | 50x | as long as short |
| Variational Omni AAOI | 0.0000% | 8h | 107.83 | +0.004% | $116K | $159K | — | as long as short |
| GRVT AAOI_USDT_Perp | 0.0000% | 8h | 107.85 | +0.022% | $863 | $114K | 10x | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 107.82 | −0.009% | $1K | $1.2M | 10x | as long as short |
| HTX AAOI-USDT | 0.0000% | 8h | 107.83 | 0.000% | $24K | $47K | 20x | as long as short |
| Bybit AAOIUSDTshort | +0.0004% | 8h | 107.92 | +0.083% | $1.7M | $2.8M | 25x | |
| Binance AAOIUSDT | +0.0020% | 8h | 107.87 | +0.041% | $14.8M | $45.3M | 20x | as long as short |
| Extended AAOI-USD | +0.0024% | 1h | 107.85 | +0.017% | $14K | $228K | 10x | as long as short |
Bitget AAOIUSDT
Aster AAOIUSDT
Gate AAOI_USDT
Variational Omni AAOI
GRVT AAOI_USDT_Perp
SunX AAOI-USDT
HTX AAOI-USDT
Binance AAOIUSDT
Extended AAOI-USDShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter AAOI | +0.0032% | 1h | 107.85 | +0.019% | — | — | 10x | as long as short |
| QFEX AAOI-USD | +0.0034% | 1h | 107.85 | +0.019% | $1.1M | $1.8M | 10x | as long as short |
| BloFin AAOI-USDT | +0.0037% | 8h | 107.82 | −0.009% | $277K | $66K | 20x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 107.87 | +0.037% | $1K | $108K | 20x | as long as short |
| Paragon para:AAOI | +0.0060% | 1h | 107.86 | +0.028% | $226K | $721K | 10x | as long as short |
| KuCoin AAOIUSDTMlong | +0.0100% | 8h | 107.83 | long leg | $448K | $213K | 20x | |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 107.87 | +0.037% | $1K | $13K | 10x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 107.85 | +0.015% | — | — | 10x | as long as short |
| tradeXYZ xyz:AAOI | +0.0120% | 1h | 107.82 | −0.009% | $1.9M | $1.5M | 10x | as long as short |
| OKX AAOI-USDT-SWAP | +0.0429% | 8h | 107.89 | +0.056% | $5.0M | $20.6M | 20x | as long as short |
| edgeX AAOIUSDC | +0.0869% | 4h | 107.94 | +0.101% | $12K | $265K | 10x | as long as short |
Lighter AAOI
QFEX AAOI-USD
BloFin AAOI-USDT
Popdex AAOIUSDT
Paragon para:AAOI
Orderly PERP_AAOI_USDC_mythos
Aevo AAOI-PERP
tradeXYZ xyz:AAOI
OKX AAOI-USDT-SWAP
edgeX AAOIUSDC