Funding you earn now, next payment 02:00 UTC−0.0238%/8h= −26.0% APRpaid last 24h −0.044%
Price spread now: Variational Omni against tradeXYZ+0.221%7-day average +0.063% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.003%$0 on $10k
+Price spread, last 4 days (all we have)+1.436%+$144 · spread now +0.221%, 7d avg +0.063%
=Together, before fees+1.432%+ Points / potential airdroptradeXYZ: Active · Variational Omni: Active · farm board+$143 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.158% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.221% now, against its 7-day average of +0.063%): +$16 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 2.2 days. At the pace of the last 3 days (−0.003% in total) that is about 5 months.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.003% in total (about -0.4% 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 | 110.73 | 0.0238 | pay 0.0030% / 1h | 12m 49s | $2.0M | $1.4M | 10x |
| Short | Variational Omni AAOI | 110.97 | 0 | get 0.0000% / 8h | 6h 12m | $152K | $131K | — |
tradeXYZ xyz:AAOI
Variational Omni AAOIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$49.88
- Price spread: +0.221% → +0.063%
- $15.83
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$52.05
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 5 min ago; Variational Omni: RFQ quote, 56 min ago. Net counts fees only.
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, 5 min ago | 1.35 bp | 15.4 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 56 min ago | 3.27 bp | doesn't fit | 66.2 bp −$662 | doesn't fit | doesn't fit |
AAOI on 20 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 | 110.64 | −0.080% | $41K | $37K | 20x | as long as short |
| Extended AAOI-USD | 0.0000% | 1h | 110.67 | −0.055% | $18K | $202K | 10x | as long as short |
| Binance AAOIUSDT | 0.0000% | 8h | 110.69 | −0.035% | $15.0M | $41.7M | 20x | as long as short |
| Bybit AAOIUSDT | 0.0000% | 8h | 110.75 | +0.018% | $1.8M | $2.6M | 25x | as long as short |
| OKX AAOI-USDT-SWAP | 0.0000% | 8h | 110.79 | +0.054% | $4.4M | $18.9M | 20x | as long as short |
| Gate AAOI_USDT | 0.0000% | 8h | 110.77 | +0.036% | $4.0M | $14.5M | 50x | as long as short |
| Bitget AAOIUSDT | 0.0000% | 8h | 110.75 | +0.018% | $2.7M | $3.0M | 20x | as long as short |
| Variational Omni AAOIshort | 0.0000% | 8h | 110.97 | +0.221% | $152K | $131K | — | |
| GRVT AAOI_USDT_Perp | 0.0000% | 8h | 110.99 | +0.235% | $785 | $103K | 10x | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 110.98 | +0.226% | $1K | $1.2M | 10x | as long as short |
Aster AAOIUSDT
Extended AAOI-USD
Binance AAOIUSDT
Bybit AAOIUSDT
OKX AAOI-USDT-SWAP
Gate AAOI_USDT
Bitget AAOIUSDT
GRVT AAOI_USDT_Perp
SunX AAOI-USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX AAOI-USDT | 0.0000% | 8h | 111.02 | +0.262% | $24K | $40K | 20x | as long as short |
| QFEX AAOI-USD | +0.0015% | 1h | 110.90 | +0.154% | $1.1M | $2.4M | 10x | as long as short |
| Lighter AAOI | +0.0032% | 1h | 110.67 | −0.054% | — | — | 10x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 110.79 | +0.054% | $932 | $109K | 20x | as long as short |
| KuCoin AAOIUSDTM | +0.0100% | 8h | 110.73 | 0.000% | $464K | $161K | 20x | as long as short |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 110.74 | +0.009% | $2K | $13K | 10x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 110.71 | −0.020% | — | — | 10x | as long as short |
| tradeXYZ xyz:AAOIlong | +0.0238% | 1h | 110.73 | long leg | $2.0M | $1.4M | 10x | |
| edgeX AAOIUSDC | +0.0268% | 4h | 110.97 | +0.216% | $13K | $264K | 10x | as long as short |
| Paragon para:AAOI | +0.0381% | 1h | 110.82 | +0.080% | $238K | $713K | 10x | as long as short |
HTX AAOI-USDT
QFEX AAOI-USD
Lighter AAOI
Popdex AAOIUSDT
KuCoin AAOIUSDTM
Orderly PERP_AAOI_USDC_mythos
Aevo AAOI-PERP
edgeX AAOIUSDC
Paragon para:AAOI