Funding you earn now, next payment 08:00 UTC−0.0090%/8h= −9.9% APRpaid last 24h −0.050%
Price spread now: Binance against tradeXYZ+0.046%7-day average +0.097% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$490.486% of the position
Funding, last 7 days−0.069%−$7 on $10k
+Price spread, last 7 days−0.028%−$3 · spread now +0.046%, 7d avg +0.097%
=Together, before fees−0.098%+ Points / potential airdroptradeXYZ: Active · farm board−$10 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 0.050% cheaper against tradeXYZ than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.097%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:AAOI | 107.81 | 0.0109 | pay 0.0014% / 1h | 31m 01s | $1.9M | $1.5M | 10x |
| Short | Binance AAOIUSDT | 107.86 | 0.0019 | get 0.0019% / 8h | 31m 01s | $14.8M | $45.3M | 20x |
tradeXYZ xyz:AAOI
Binance AAOIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against tradeXYZ. 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
- −$18.89
- Price spread: +0.046% → +0.097%
- −$5.03
- Slippage, 4 orders
- −$20.63
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$72.55
- Costs to cover
- 0.486%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 7 min ago; Binance: live order book, 11 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 tradeXYZ live order book, 7 min ago | 1.39 bp | 15.6 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 1.39 bp | 10.5 bp −$10 | 37.5 bp −$375 | 126.4 bp −$12.6K | 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 | −0.1362% | 8h | 107.97 | +0.148% | $3.2M | $3.9M | 20x | as long as short |
| Aster AAOIUSDT | 0.0000% | 8h | 107.91 | +0.093% | $40K | $37K | 20x | as long as short |
| Gate AAOI_USDT | 0.0000% | 8h | 107.85 | +0.037% | $3.7M | $12.9M | 50x | as long as short |
| Variational Omni AAOI | 0.0000% | 8h | 107.83 | +0.022% | $116K | $159K | — | as long as short |
| GRVT AAOI_USDT_Perp | 0.0000% | 8h | 107.85 | +0.041% | $863 | $114K | 10x | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 107.89 | +0.074% | $1K | $1.2M | 10x | as long as short |
| HTX AAOI-USDT | 0.0000% | 8h | 107.83 | +0.019% | $23K | $47K | 20x | as long as short |
| Bybit AAOIUSDT | +0.0004% | 8h | 107.89 | +0.074% | $1.7M | $2.8M | 25x | as long as short |
| Extended AAOI-USD | +0.0016% | 1h | 107.83 | +0.020% | $14K | $226K | 10x | as long as short |
| Binance AAOIUSDTshort | +0.0019% | 8h | 107.86 | +0.046% | $14.8M | $45.3M | 20x |
Bitget AAOIUSDT
Aster AAOIUSDT
Gate AAOI_USDT
Variational Omni AAOI
GRVT AAOI_USDT_Perp
SunX AAOI-USDT
HTX AAOI-USDT
Bybit 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 | 107.88 | +0.065% | — | — | 10x | as long as short |
| QFEX AAOI-USD | +0.0034% | 1h | 107.88 | +0.065% | $1.1M | $1.8M | 10x | as long as short |
| BloFin AAOI-USDT | +0.0045% | 8h | 107.87 | +0.056% | $277K | $66K | 20x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 107.91 | +0.093% | $986 | $108K | 20x | as long as short |
| Paragon para:AAOI | +0.0060% | 1h | 107.87 | +0.057% | $226K | $721K | 10x | as long as short |
| KuCoin AAOIUSDTM | +0.0100% | 8h | 107.81 | 0.000% | $441K | $214K | 20x | as long as short |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 107.86 | +0.046% | $1K | $13K | 10x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 107.84 | +0.026% | — | — | 10x | as long as short |
| tradeXYZ xyz:AAOIlong | +0.0109% | 1h | 107.81 | long leg | $1.9M | $1.5M | 10x | |
| edgeX AAOIUSDC | +0.0180% | 4h | 107.85 | +0.038% | $12K | $265K | 10x | as long as short |
| OKX AAOI-USDT-SWAP | +0.0424% | 8h | 107.87 | +0.056% | $5.0M | $20.6M | 20x | as long as short |
Lighter AAOI
QFEX AAOI-USD
BloFin AAOI-USDT
Popdex AAOIUSDT
Paragon para:AAOI
KuCoin AAOIUSDTM
Orderly PERP_AAOI_USDC_mythos
Aevo AAOI-PERP
edgeX AAOIUSDC
OKX AAOI-USDT-SWAP