Funding you earn now, next payment 08:00 UTC−0.0384%/8h= −42.1% APRnext payment −$3.84 per $10,000 · paid last 24h +0.006%
Price spread now: BloFin against OKX−0.073%103s7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$440.437% of the position
Funding, last 7 days−0.132%−$13 on $10k
+Price spread, last 4 days (all we have)+0.028%+$3 · spread now −0.073%, 7d avg −0.025%
=Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and BloFin is 0.048% cheaper against OKX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.025%). Swap the legs. The two prices were read 103 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.132% in total (about -6.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.84 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX AAOI-USDT-SWAP | 108.88 | 0.0420 | pay 0.0420% / 8h | 2h 09m | $5.0M | $20.4M | 20x |
| Short | BloFin AAOI-USDT | 108.80 | 0.0036 | get 0.0036% / 8h | 2h 09m | $276K | $64K | 20x |
OKX AAOI-USDT-SWAP
BloFin AAOI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$80.73
- Price spread: −0.073% → −0.025%
- −$4.84
- Slippage, 4 orders
- −$21.66
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$129.23
- Costs to cover
- 0.437%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; BloFin: live order book, 7 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 | 0.92 bp | 9.7 bp −$10 | 56.0 bp −$560 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 7 min ago | 2.77 bp | 13.3 bp −$13 | 26.3 bp −$263 | 89.5 bp −$8,951 | 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 | −0.1442% | 8h | 108.82 | −0.055% | $3.0M | $3.6M | 20x | as long as short |
| Aster AAOIUSDT | 0.0000% | 8h | 108.82 | −0.051% | $40K | $37K | 20x | as long as short |
| Gate AAOI_USDT | 0.0000% | 8h | 108.87 | −0.009% | $3.8M | $13.3M | 50x | as long as short |
| Variational Omni AAOI | 0.0000% | 8h | 108.80 | −0.073% | $149K | $127K | — | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 108.90 | +0.018% | $1K | $1.2M | 10x | as long as short |
| HTX AAOI-USDT | 0.0000% | 8h | 108.83 | −0.046% | $24K | $46K | 20x | as long as short |
| Binance AAOIUSDT | +0.0013% | 8h | 108.80 | −0.073% | $14.8M | $44.4M | 20x | as long as short |
| Extended AAOI-USD | +0.0016% | 1h | 108.85 | −0.028% | $14K | $234K | 10x | as long as short |
| Lighter AAOI | +0.0032% | 1h | 108.90 | +0.018% | — | — | 10x | as long as short |
| BloFin AAOI-USDTshort | +0.0036% | 8h | 108.80 | −0.073% | $276K | $64K | 20x |
Bitget AAOIUSDT
Aster AAOIUSDT
Gate AAOI_USDT
Variational Omni AAOI
SunX AAOI-USDT
HTX AAOI-USDT
Binance AAOIUSDT
Extended AAOI-USD
Lighter AAOIShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT AAOI_USDT_Perp | +0.0046% | 8h | 108.83 | −0.044% | $399 | $116K | 10x | as long as short |
| Bybit AAOIUSDT | +0.0047% | 8h | 108.83 | −0.046% | $1.7M | $2.8M | 25x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 108.82 | −0.055% | $208 | $110K | 20x | as long as short |
| QFEX AAOI-USD | +0.0054% | 1h | 108.84 | −0.037% | $1.1M | $1.9M | 10x | as long as short |
| KuCoin AAOIUSDTM | +0.0100% | 8h | 108.80 | −0.073% | $456K | $199K | 20x | as long as short |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 108.85 | −0.028% | $2K | $13K | 10x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 108.91 | +0.024% | — | — | 10x | as long as short |
| tradeXYZ xyz:AAOI | +0.0268% | 1h | 108.81 | −0.064% | $2.0M | $1.4M | 10x | as long as short |
| Paragon para:AAOI | +0.0322% | 1h | 108.81 | −0.068% | $228K | $721K | 10x | as long as short |
| OKX AAOI-USDT-SWAPlong | +0.0420% | 8h | 108.88 | long leg | $5.0M | $20.4M | 20x | |
| edgeX AAOIUSDC | +0.0838% | 4h | 108.78 | −0.091% | $13K | $263K | 10x | as long as short |
GRVT AAOI_USDT_Perp
Bybit AAOIUSDT
Popdex AAOIUSDT
QFEX AAOI-USD
KuCoin AAOIUSDTM
Orderly PERP_AAOI_USDC_mythos
Aevo AAOI-PERP
tradeXYZ xyz:AAOI
Paragon para:AAOI
edgeX AAOIUSDC