Funding you earn now, next payment 01:00 UTC+0.0060%/8h= +6.6% APRpaid last 24h +0.106%
Price spread now: Paragon against Binance+0.170%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$750.747% of the position
Funding, last 7 days+0.025%+$2 on $10k
+Price spread, last 2 days (all we have)−0.141%−$14 · spread now +0.170%, 7d avg 0.000%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Paragon is 0.170% dearer against Binance than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of 0.000%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance AAOIUSDT | 111.96 | 0 | get 0.0000% / 8h | 7h 49m | $15.3M | $43.6M | 20x |
| Short | Paragon para:AAOI | 112.15 | 0.0060 | get 0.0008% / 1h | 49m 05s | $272K | $702K | 10x |
Binance AAOIUSDT
Paragon para:AAOIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paragon against Binance. 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
- $12.6
- Price spread: +0.170% → 0.000%
- $16.97
- Slippage, 4 orders
- −$54.7
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Paragon: 5 bp × 2 orders
- −$10
- Net
- −$45.13
- Costs to cover
- 0.747%
- Break-even
- 32.1 days
Slippage from Binance: live order book, 8 min ago; Paragon: 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 Binance live order book, 8 min ago | 1.34 bp | 9.3 bp −$9 | 41.5 bp −$415 | 132.5 bp −$13.2K | doesn't fit |
| Sell Paragon live order book, 7 min ago | 5.35 bp | 41.7 bp −$42 | 147.7 bp −$1,477 | 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 | −0.0014% | 8h | 112.09 | +0.116% | $244K | $65K | 20x | as long as short |
| QFEX AAOI-USD | −0.0006% | 1h | 112.05 | +0.080% | $1.1M | $2.5M | 10x | as long as short |
| Aster AAOIUSDT | 0.0000% | 8h | 111.94 | −0.020% | $41K | $37K | 20x | as long as short |
| Extended AAOI-USD | 0.0000% | 1h | 112.04 | +0.070% | $17K | $221K | 10x | as long as short |
| Binance AAOIUSDTlong | 0.0000% | 8h | 111.96 | long leg | $15.3M | $43.6M | 20x | |
| Bybit AAOIUSDT | 0.0000% | 8h | 112.06 | +0.089% | $1.8M | $2.8M | 25x | as long as short |
| OKX AAOI-USDT-SWAP | 0.0000% | 8h | 112.01 | +0.045% | $4.3M | $19.3M | 20x | as long as short |
| Gate AAOI_USDT | 0.0000% | 8h | 112.10 | +0.125% | $4.2M | $25.0M | 50x | as long as short |
| Bitget AAOIUSDT | 0.0000% | 8h | 112.06 | +0.089% | $2.8M | $3.2M | 20x | as long as short |
| Variational Omni AAOI | 0.0000% | 8h | 112.00 | +0.038% | $153K | $164K | — | as long as short |
BloFin AAOI-USDT
QFEX AAOI-USD
Aster AAOIUSDT
Extended AAOI-USD
Bybit AAOIUSDT
OKX AAOI-USDT-SWAP
Gate AAOI_USDT
Bitget AAOIUSDT
Variational Omni AAOIShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT AAOI_USDT_Perp | 0.0000% | 8h | 111.91 | −0.045% | $338 | $105K | 10x | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 112.05 | +0.080% | $885 | $1.3M | 10x | as long as short |
| HTX AAOI-USDT | 0.0000% | 8h | 111.92 | −0.036% | $24K | $38K | 20x | as long as short |
| Lighter AAOI | +0.0032% | 1h | 112.00 | +0.036% | — | — | 10x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 112.09 | +0.116% | $233 | $108K | 20x | as long as short |
| Paragon para:AAOIshort | +0.0060% | 1h | 112.15 | +0.170% | $272K | $702K | 10x | |
| KuCoin AAOIUSDTM | +0.0100% | 8h | 111.99 | +0.027% | $469K | $183K | 20x | as long as short |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 112.00 | +0.036% | $2K | $14K | 10x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 111.90 | −0.054% | — | — | 10x | as long as short |
| edgeX AAOIUSDC | +0.0112% | 4h | 111.88 | −0.071% | $13K | $263K | 10x | as long as short |
| tradeXYZ xyz:AAOI | +0.0861% | 1h | 112.01 | +0.045% | $2.0M | $1.4M | 10x | as long as short |
GRVT AAOI_USDT_Perp
SunX AAOI-USDT
HTX AAOI-USDT
Lighter AAOI
Popdex AAOIUSDT
KuCoin AAOIUSDTM
Orderly PERP_AAOI_USDC_mythos
Aevo AAOI-PERP
edgeX AAOIUSDC
tradeXYZ xyz:AAOI