Funding you earn now, next payment 04:00 UTC−0.0093%/8h= −10.2% APRpaid last 24h +0.065%
Price spread now: edgeX against tradeXYZ−0.051%106s7-day average +0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs$0as 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−$590.589% of the position
Funding, last 7 days+0.587%+$59 on $10k
+Price spread, last 4 days (all we have)+0.827%+$83 · spread now −0.051%, 7d avg +0.057%
=Together, before fees+1.414%+ Points / potential airdroptradeXYZ: Active · edgeX: Active · farm board+$141 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 edgeX is 0.108% cheaper against tradeXYZ than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.057%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.587%, so the current rate has only just turned against you. The two prices were read 106 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:AAOI | 111.80 | 0.0142 | pay 0.0018% / 1h | 59m 46s | $2.0M | $1.4M | 10x |
| Short | edgeX AAOIUSDC | 111.74 | 0.0050 | get 0.0025% / 4h | 59m 46s | $13K | $264K | 10x |
tradeXYZ xyz:AAOI
edgeX AAOIUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$19.5
- Price spread: −0.051% → +0.057%
- −$10.75
- Slippage, 4 orders
- −$31.85
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$89.1
- Costs to cover
- 0.589%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 8 min ago; edgeX: live order book, 63 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, 8 min ago | 1.34 bp | 14.5 bp −$14 | 30.7 bp −$307 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 63 min ago | 3.16 bp | 14.3 bp −$14 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:AAOI | −0.0168% | 1h | 111.72 | −0.072% | $239K | $716K | 10x | as long as short |
| Aster AAOIUSDT | 0.0000% | 8h | 111.74 | −0.057% | $41K | $37K | 20x | as long as short |
| Extended AAOI-USD | 0.0000% | 1h | 111.84 | +0.035% | $15K | $211K | 10x | as long as short |
| Binance AAOIUSDT | 0.0000% | 8h | 111.84 | +0.036% | $15.2M | $41.9M | 20x | as long as short |
| Gate AAOI_USDT | 0.0000% | 8h | 111.86 | +0.054% | $4.0M | $13.0M | 50x | as long as short |
| Bitget AAOIUSDT | 0.0000% | 8h | 111.84 | +0.036% | $2.8M | $3.0M | 20x | as long as short |
| Variational Omni AAOI | 0.0000% | 8h | 111.87 | +0.065% | $153K | $131K | — | as long as short |
| GRVT AAOI_USDT_Perp | 0.0000% | 8h | 111.73 | −0.063% | $547 | $102K | 10x | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 111.80 | 0.000% | $1K | $1.2M | 10x | as long as short |
| HTX AAOI-USDT | 0.0000% | 8h | 111.82 | +0.018% | $24K | $42K | 20x | as long as short |
Paragon para:AAOI
Aster AAOIUSDT
Extended AAOI-USD
Binance AAOIUSDT
Gate AAOI_USDT
Bitget AAOIUSDT
Variational Omni AAOI
GRVT AAOI_USDT_Perp
SunX AAOI-USDT
HTX AAOI-USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX AAOI-USD | +0.0017% | 1h | 111.78 | −0.018% | $1.1M | $2.3M | 10x | as long as short |
| BloFin AAOI-USDT | +0.0017% | 8h | 111.86 | +0.054% | $259K | $63K | 20x | as long as short |
| OKX AAOI-USDT-SWAP | +0.0025% | 8h | 111.94 | +0.125% | $4.6M | $19.3M | 20x | as long as short |
| Lighter AAOI | +0.0032% | 1h | 111.81 | +0.009% | — | — | 10x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 111.81 | +0.009% | $1K | $109K | 20x | as long as short |
| edgeX AAOIUSDCshort | +0.0050% | 4h | 111.74 | −0.051% | $13K | $264K | 10x | |
| Bybit AAOIUSDT | +0.0062% | 8h | 111.89 | +0.081% | $1.8M | $2.6M | 25x | as long as short |
| KuCoin AAOIUSDTM | +0.0100% | 8h | 111.78 | −0.018% | $467K | $173K | 20x | as long as short |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 111.78 | −0.018% | $2K | $13K | 10x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 111.77 | −0.025% | — | — | 10x | as long as short |
| tradeXYZ xyz:AAOIlong | +0.0142% | 1h | 111.80 | long leg | $2.0M | $1.4M | 10x |
QFEX AAOI-USD
BloFin AAOI-USDT
OKX AAOI-USDT-SWAP
Lighter AAOI
Popdex AAOIUSDT
Bybit AAOIUSDT
KuCoin AAOIUSDTM
Orderly PERP_AAOI_USDC_mythos
Aevo AAOI-PERP