Funding you earn now, next payment 16:00 UTC−0.0042%/8h= −4.6% APRnext payment −$0.42 per $10,000 · paid last 24h −0.035%
Price spread now: Binance against OKX−0.018%7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$380.378% of the position
Funding, last 7 days−0.178%−$18 on $10k
+Price spread, last 7 days−0.010%−$1 · spread now −0.018%, 7d avg +0.016%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.035% cheaper against OKX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.016%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX AAOI-USDT-SWAP | 108.14 | 0.0242 | pay 0.0242% / 8h | 6h 07m | $4.8M | $21.7M | 20x |
| Short | Binance AAOIUSDT | 108.12 | 0.0200 | get 0.0200% / 8h | 6h 07m | $14.6M | $48.9M | 20x |
OKX AAOI-USDT-SWAP
Binance AAOIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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
- −$8.78
- Price spread: −0.018% → +0.016%
- −$3.49
- Slippage, 4 orders
- −$17.8
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$50.07
- Costs to cover
- 0.378%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; Binance: live order book, 12 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 OKX live order book, 4 min ago | 0.93 bp | 8.6 bp −$9 | 30.5 bp −$305 | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 0.93 bp | 10.2 bp −$10 | 26.3 bp −$263 | 100.4 bp −$10.0K | doesn't fit |
AAOI on 21 exchanges
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 | −0.0530% | 8h | 107.97 | −0.157% | $3.2M | $4.2M | 20x | as long as short |
| Aster AAOIUSDT | 0.0000% | 8h | 108.09 | −0.042% | $40K | $43K | 20x | as long as short |
| Bybit AAOIUSDT | 0.0000% | 8h | 108.12 | −0.018% | $1.7M | $2.9M | 25x | as long as short |
| Gate AAOI_USDT | 0.0000% | 8h | 107.96 | −0.166% | $3.8M | $12.8M | 50x | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 107.90 | −0.222% | $1K | $1.1M | 10x | as long as short |
| HTX AAOI-USDT | 0.0000% | 8h | 107.81 | −0.305% | $24K | $47K | 20x | as long as short |
| QFEX AAOI-USD | +0.0005% | 1h | 107.88 | −0.240% | $1.1M | $1.8M | 10x | as long as short |
| Lighter AAOI | +0.0032% | 1h | 108.21 | +0.065% | — | — | 10x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 107.93 | −0.194% | $993 | $110K | 20x | as long as short |
| Variational Omni AAOI | +0.0055% | 8h | 107.83 | −0.286% | $115K | $156K | — | as long as short |
Bitget AAOIUSDT
Aster AAOIUSDT
Bybit AAOIUSDT
Gate AAOI_USDT
SunX AAOI-USDT
HTX AAOI-USDT
QFEX AAOI-USD
Lighter AAOI
Popdex AAOIUSDT
Variational Omni AAOIShow all 21 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 107.91 | −0.213% | $1K | $14K | 10x | as long as short |
| KuCoin AAOIUSDTM | +0.0100% | 8h | 107.82 | −0.296% | $445K | $341K | 20x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 107.91 | −0.211% | — | — | 10x | as long as short |
| Extended AAOI-USD | +0.0200% | 1h | 107.90 | −0.226% | $18K | $234K | 10x | as long as short |
| BloFin AAOI-USDT | +0.0200% | 8h | 107.88 | −0.240% | $272K | $71K | 20x | as long as short |
| Binance AAOIUSDTshort | +0.0200% | 8h | 108.12 | −0.018% | $14.6M | $48.9M | 20x | |
| OKX AAOI-USDT-SWAPlong | +0.0242% | 8h | 108.14 | long leg | $4.8M | $21.7M | 20x | |
| Paragon para:AAOI | +0.0242% | 1h | 107.84 | −0.280% | $225K | $720K | 10x | as long as short |
| tradeXYZ xyz:AAOI | +0.0255% | 1h | 107.95 | −0.176% | $1.9M | $1.7M | 10x | as long as short |
| GRVT AAOI_USDT_Perp | +0.0724% | 8h | 107.73 | −0.379% | $394 | $111K | 10x | as long as short |
| edgeX AAOIUSDC | +0.0985% | 4h | 107.83 | −0.286% | $12K | $263K | 10x | as long as short |
Orderly PERP_AAOI_USDC_mythos
KuCoin AAOIUSDTM
Aevo AAOI-PERP
Extended AAOI-USD
BloFin AAOI-USDT
Paragon para:AAOI
tradeXYZ xyz:AAOI
GRVT AAOI_USDT_Perp
edgeX AAOIUSDC