Funding you earn now, next payment 05:00 UTC−0.0224%/8h= −24.5% APRpaid last 24h −0.050%
Price spread now: Bybit against tradeXYZ+0.055%7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$650.649% of the position
Funding, last 7 days−0.143%−$14 on $10k
+Price spread, last 7 days−0.051%−$5 · spread now +0.055%, 7d avg +0.065%
=Together, before fees−0.195%+ Points / potential airdroptradeXYZ: Active · farm board−$19 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.065%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.143% in total (about -7.5% a year). A funding rate is set anew for every payment. 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 | tradeXYZ xyz:AAOI | 110.05 | 0.0343 | pay 0.0043% / 1h | 36m 46s | $2.0M | $1.4M | 10x |
| Short | Bybit AAOIUSDT | 110.11 | 0.0119 | get 0.0119% / 8h | 3h 36m | $1.8M | $2.7M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$47.02
- Price spread: +0.055% → +0.065%
- −$1.07
- Slippage, 4 orders
- −$35.88
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$112.97
- Costs to cover
- 0.649%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 1 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 tradeXYZ live order book, 1 min ago | 1.82 bp | 17.0 bp −$17 | 34.3 bp −$343 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 2.26 bp | 15.0 bp −$15 | 97.8 bp −$978 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin AAOI-USDT | −0.0010% | 8h | 110.05 | 0.000% | $271K | $63K | 20x | as long as short |
| Aster AAOIUSDT | 0.0000% | 8h | 109.98 | −0.066% | $40K | $37K | 20x | as long as short |
| Extended AAOI-USD | 0.0000% | 1h | 110.09 | +0.036% | $16K | $210K | 10x | as long as short |
| Binance AAOIUSDT | 0.0000% | 8h | 110.12 | +0.064% | $15.0M | $42.3M | 20x | as long as short |
| Gate AAOI_USDT | 0.0000% | 8h | 110.08 | +0.027% | $4.0M | $13.1M | 50x | as long as short |
| Bitget AAOIUSDT | 0.0000% | 8h | 110.14 | +0.082% | $2.7M | $3.0M | 20x | as long as short |
| Variational Omni AAOI | 0.0000% | 8h | 110.28 | +0.210% | $151K | $131K | — | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 109.89 | −0.145% | $1K | $1.2M | 10x | as long as short |
| HTX AAOI-USDT | 0.0000% | 8h | 110.03 | −0.018% | $24K | $44K | 20x | as long as short |
| GRVT AAOI_USDT_Perp | +0.0024% | 8h | 110.06 | +0.009% | $747 | $105K | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter AAOI | +0.0032% | 1h | 110.06 | +0.009% | — | — | 10x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 110.03 | −0.018% | $1K | $108K | 20x | as long as short |
| QFEX AAOI-USD | +0.0076% | 1h | 109.92 | −0.118% | $1.2M | $2.0M | 10x | as long as short |
| KuCoin AAOIUSDTM | +0.0100% | 8h | 110.07 | +0.018% | $460K | $186K | 20x | as long as short |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 109.97 | −0.073% | $2K | $13K | 10x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 109.98 | −0.065% | — | — | 10x | as long as short |
| Bybit AAOIUSDTshort | +0.0119% | 8h | 110.11 | +0.055% | $1.8M | $2.7M | 25x | |
| edgeX AAOIUSDC | +0.0302% | 4h | 110.01 | −0.041% | $13K | $264K | 10x | as long as short |
| OKX AAOI-USDT-SWAP | +0.0305% | 8h | 110.15 | +0.091% | $4.8M | $19.6M | 20x | as long as short |
| tradeXYZ xyz:AAOIlong | +0.0343% | 1h | 110.05 | long leg | $2.0M | $1.4M | 10x | |
| Paragon para:AAOI | +0.0479% | 1h | 110.05 | −0.003% | $233K | $719K | 10x | as long as short |
tradeXYZ xyz:AAOI
Bybit AAOIUSDT
BloFin AAOI-USDT
Aster AAOIUSDT
Extended AAOI-USD
Binance AAOIUSDT
Gate AAOI_USDT
Bitget AAOIUSDT
Variational Omni AAOI
SunX AAOI-USDT
HTX AAOI-USDT
GRVT AAOI_USDT_Perp
Lighter AAOI
Popdex AAOIUSDT
KuCoin AAOIUSDTM
edgeX AAOIUSDC
OKX AAOI-USDT-SWAP
Paragon para:AAOI