Funding you earn now, next payment 02:00 UTC+0.0382%/8h= +41.9% APRpaid last 24h +0.109%
Price spread now: Paragon against GRVT+0.180%47s7-day average −0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$99as 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−$1021.024% of the position
Funding, last 7 days+0.030%+$3 on $10k
+Price spread, last 3 days (all we have)−0.420%−$42 · spread now +0.180%, 7d avg −0.060%
=Together, before fees−0.390%+ Points / potential airdropGRVT: Active · farm board−$39 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Paragon is 0.240% dearer against GRVT than usual: you sell high and buy low: +$24 more if the spread goes back to its 7-day average of −0.060%. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.030% in total (about 1.6% 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 | GRVT AAOI_USDT_Perp | 110.81 | 0 | get 0.0000% / 8h | 6h 17m | $706 | $103K | 10x |
| Short | Paragon para:AAOI | 111.00 | 0.0382 | get 0.0048% / 1h | 17m 59s | $239K | $717K | 10x |
GRVT AAOI_USDT_Perp
Paragon para:AAOIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paragon against GRVT. 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
- $80.32
- Price spread: +0.180% → −0.060%
- $24.02
- Slippage, 4 orders
- −$83.43
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Paragon: 5 bp × 2 orders
- −$10
- Net
- $1.92
- Costs to cover
- 1.024%
- Break-even
- 6.8 days
Slippage from GRVT: live order book, 49 min ago; Paragon: live order book, 28 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 GRVT live order book, 49 min ago | 2.24 bp | 15.1 bp −$15 | 47.8 bp −$478 | doesn't fit | doesn't fit |
| Sell Paragon live order book, 28 min ago | 3.16 bp | 22.9 bp −$23 | 134.5 bp −$1,345 | 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 | 110.87 | +0.062% | $41K | $37K | 20x | as long as short |
| Extended AAOI-USD | 0.0000% | 1h | 110.96 | +0.142% | $18K | $205K | 10x | as long as short |
| Binance AAOIUSDT | 0.0000% | 8h | 111.00 | +0.178% | $15.1M | $42.2M | 20x | as long as short |
| Bybit AAOIUSDT | 0.0000% | 8h | 110.98 | +0.157% | $1.8M | $2.6M | 25x | as long as short |
| OKX AAOI-USDT-SWAP | 0.0000% | 8h | 111.10 | +0.266% | $4.4M | $19.1M | 20x | as long as short |
| Gate AAOI_USDT | 0.0000% | 8h | 111.02 | +0.194% | $4.0M | $14.5M | 50x | as long as short |
| Bitget AAOIUSDT | 0.0000% | 8h | 111.06 | +0.230% | $2.7M | $3.1M | 20x | as long as short |
| Variational Omni AAOI | 0.0000% | 8h | 110.96 | +0.143% | $152K | $131K | — | as long as short |
| GRVT AAOI_USDT_Perplong | 0.0000% | 8h | 110.81 | long leg | $706 | $103K | 10x | |
| SunX AAOI-USDT | 0.0000% | 8h | 111.09 | +0.257% | $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
Variational Omni AAOI
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 | 111.07 | +0.239% | $24K | $40K | 20x | as long as short |
| QFEX AAOI-USD | +0.0015% | 1h | 110.94 | +0.121% | $1.1M | $2.4M | 10x | as long as short |
| Lighter AAOI | +0.0032% | 1h | 110.91 | +0.094% | — | — | 10x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 110.97 | +0.148% | $961 | $109K | 20x | as long as short |
| KuCoin AAOIUSDTM | +0.0100% | 8h | 110.94 | +0.121% | $464K | $165K | 20x | as long as short |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 110.91 | +0.094% | $2K | $13K | 10x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 110.89 | +0.078% | — | — | 10x | as long as short |
| tradeXYZ xyz:AAOI | +0.0253% | 1h | 111.00 | +0.175% | $2.0M | $1.4M | 10x | as long as short |
| Paragon para:AAOIshort | +0.0382% | 1h | 111.00 | +0.180% | $239K | $717K | 10x | |
| edgeX AAOIUSDC | +0.0584% | 4h | 110.94 | +0.117% | $13K | $263K | 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
tradeXYZ xyz:AAOI
edgeX AAOIUSDC