Funding you earn now, next payment 07:00 UTC+0.0124%/8h= +13.6% APRpaid last 24h +0.097%
Price spread now: Paragon against Gate−0.130%7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$930.926% of the position
Funding, last 7 days+0.072%+$7 on $10k
+Price spread, last 4 days (all we have)+0.006%+$1 · spread now −0.130%, 7d avg −0.068%
=Funding pays, the price is against you. Paragon is 0.062% cheaper against Gate than usual: you would sell low and buy high (spread −0.130% now, against its 7-day average of −0.068%). If the spread goes back, that is −$6 on $10k: about 40 hours of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.072% in total) that is about 6.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate AAOI_USDT | 107.85 | 0 | get 0.0000% / 8h | 1h 45m | $3.8M | $13.1M | 50x |
| Short | Paragon para:AAOI | 107.71 | 0.0124 | get 0.0016% / 1h | 45m 21s | $226K | $721K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Paragon against Gate. 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
- $26.08
- Price spread: −0.130% → −0.068%
- −$6.17
- Slippage, 4 orders
- −$67.56
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Paragon: 5 bp × 2 orders
- −$10
- Net
- −$72.66
- Costs to cover
- 0.926%
- Break-even
- 26.5 days
Slippage from Gate: live order book, 3 min ago; Paragon: live order book, 20 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 Gate live order book, 3 min ago | 3.70 bp | 15.0 bp −$15 | 41.8 bp −$418 | 77.9 bp −$7,791 | doesn't fit |
| Sell Paragon live order book, 20 min ago | 2.30 bp | 23.4 bp −$23 | 116.8 bp −$1,168 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget AAOIUSDT | −0.1378% | 8h | 107.99 | +0.130% | $3.0M | $3.7M | 20x | as long as short |
| BloFin AAOI-USDT | −0.0016% | 8h | 107.85 | 0.000% | $276K | $64K | 20x | as long as short |
| Aster AAOIUSDT | 0.0000% | 8h | 108.14 | +0.269% | $40K | $37K | 20x | as long as short |
| Gate AAOI_USDTlong | 0.0000% | 8h | 107.85 | long leg | $3.8M | $13.1M | 50x | |
| Variational Omni AAOI | 0.0000% | 8h | 107.79 | −0.059% | $148K | $127K | — | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 107.95 | +0.093% | $975 | $1.2M | 10x | as long as short |
| HTX AAOI-USDT | 0.0000% | 8h | 107.95 | +0.093% | $24K | $46K | 20x | as long as short |
| Extended AAOI-USD | +0.0008% | 1h | 107.85 | +0.004% | $15K | $232K | 10x | as long as short |
| Binance AAOIUSDT | +0.0011% | 8h | 107.85 | 0.000% | $14.7M | $44.7M | 20x | as long as short |
| GRVT AAOI_USDT_Perp | +0.0023% | 8h | 108.07 | +0.204% | $903 | $115K | 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 | 107.81 | −0.037% | — | — | 10x | as long as short |
| QFEX AAOI-USD | +0.0041% | 1h | 107.73 | −0.111% | $1.1M | $1.9M | 10x | as long as short |
| Bybit AAOIUSDT | +0.0042% | 8h | 107.83 | −0.019% | $1.7M | $2.8M | 25x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 107.83 | −0.019% | $239 | $109K | 20x | as long as short |
| KuCoin AAOIUSDTM | +0.0100% | 8h | 107.80 | −0.046% | $452K | $200K | 20x | as long as short |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 107.80 | −0.046% | $1K | $13K | 10x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 107.82 | −0.029% | — | — | 10x | as long as short |
| Paragon para:AAOIshort | +0.0124% | 1h | 107.71 | −0.130% | $226K | $721K | 10x | |
| tradeXYZ xyz:AAOI | +0.0360% | 1h | 107.84 | −0.009% | $2.0M | $1.4M | 10x | as long as short |
| OKX AAOI-USDT-SWAP | +0.0424% | 8h | 107.93 | +0.074% | $4.9M | $20.3M | 20x | as long as short |
| edgeX AAOIUSDC | +0.0477% | 4h | 107.93 | +0.073% | $13K | $265K | 10x | as long as short |
Gate AAOI_USDT
Paragon para:AAOI
Bitget AAOIUSDT
BloFin AAOI-USDT
Aster AAOIUSDT
Variational Omni AAOI
SunX AAOI-USDT
HTX AAOI-USDT
Extended AAOI-USD
Binance AAOIUSDT
GRVT AAOI_USDT_Perp
Lighter AAOI
Bybit AAOIUSDT
Popdex AAOIUSDT
KuCoin AAOIUSDTM
tradeXYZ xyz:AAOI
OKX AAOI-USDT-SWAP
edgeX AAOIUSDC