Funding you earn now, next payment 08:00 UTC−0.0117%/8h= −12.8% APRnext payment −$1.17 per $10,000 · paid last 24h −0.001%
Price spread now: Bitget against OKX−0.080%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$450.450% of the position
Funding, last 7 days−0.155%−$16 on $10k
+Price spread, last 7 days+0.081%+$8 · spread now −0.080%, 7d avg −0.018%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bitget is 0.062% cheaper against OKX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.018%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX AAOI-USDT-SWAP | 111.84 | 0.0117 | pay 0.0117% / 8h | 4h 35m | $4.7M | $19.4M | 20x |
| Short | Bitget AAOIUSDT | 111.75 | 0 | get 0.0000% / 8h | 4h 35m | $2.8M | $3.0M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$24.57
- Price spread: −0.080% → −0.018%
- −$6.2
- Slippage, 4 orders
- −$22.99
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$75.76
- Costs to cover
- 0.450%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; Bitget: 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 OKX live order book, 3 min ago | 0.45 bp | 8.5 bp −$9 | 48.2 bp −$482 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 2.68 bp | 17.4 bp −$17 | 29.1 bp −$291 | 95.7 bp −$9,574 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster AAOIUSDT | 0.0000% | 8h | 111.65 | −0.168% | $41K | $37K | 20x | as long as short |
| Extended AAOI-USD | 0.0000% | 1h | 111.67 | −0.150% | $17K | $211K | 10x | as long as short |
| Binance AAOIUSDT | 0.0000% | 8h | 111.70 | −0.125% | $15.2M | $41.9M | 20x | as long as short |
| Gate AAOI_USDT | 0.0000% | 8h | 111.77 | −0.063% | $4.0M | $13.0M | 50x | as long as short |
| Bitget AAOIUSDTshort | 0.0000% | 8h | 111.75 | −0.080% | $2.8M | $3.0M | 20x | |
| Variational Omni AAOI | 0.0000% | 8h | 111.80 | −0.035% | $153K | $131K | — | as long as short |
| GRVT AAOI_USDT_Perp | 0.0000% | 8h | 111.78 | −0.054% | $753 | $103K | 10x | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 111.73 | −0.098% | $959 | $1.2M | 10x | as long as short |
| HTX AAOI-USDT | 0.0000% | 8h | 111.77 | −0.063% | $24K | $42K | 20x | as long as short |
| Paragon para:AAOI | +0.0004% | 1h | 111.71 | −0.116% | $239K | $717K | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin AAOI-USDT | +0.0027% | 8h | 111.80 | −0.036% | $262K | $63K | 20x | as long as short |
| Lighter AAOI | +0.0032% | 1h | 111.70 | −0.125% | — | — | 10x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 111.74 | −0.089% | $1K | $109K | 20x | as long as short |
| QFEX AAOI-USD | +0.0053% | 1h | 111.75 | −0.080% | $1.1M | $2.2M | 10x | as long as short |
| Bybit AAOIUSDT | +0.0081% | 8h | 111.73 | −0.098% | $1.8M | $2.6M | 25x | as long as short |
| KuCoin AAOIUSDTM | +0.0100% | 8h | 111.77 | −0.063% | $467K | $175K | 20x | as long as short |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 111.69 | −0.134% | $2K | $13K | 10x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 111.69 | −0.134% | — | — | 10x | as long as short |
| OKX AAOI-USDT-SWAPlong | +0.0117% | 8h | 111.84 | long leg | $4.7M | $19.4M | 20x | |
| tradeXYZ xyz:AAOI | +0.0243% | 1h | 111.70 | −0.125% | $2.0M | $1.4M | 10x | as long as short |
| edgeX AAOIUSDC | +0.0502% | 4h | 111.80 | −0.034% | $13K | $264K | 10x | as long as short |
OKX AAOI-USDT-SWAP
Bitget AAOIUSDT
Aster AAOIUSDT
Extended AAOI-USD
Binance AAOIUSDT
Gate AAOI_USDT
Variational Omni AAOI
GRVT AAOI_USDT_Perp
SunX AAOI-USDT
HTX AAOI-USDT
Paragon para:AAOI
BloFin AAOI-USDT
Lighter AAOI
Popdex AAOIUSDT
Bybit AAOIUSDT
KuCoin AAOIUSDTM
tradeXYZ xyz:AAOI
edgeX AAOIUSDC