Settings8H · net · $10k
Funding arb · Price arb /

AAOI

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0470%/8h= +51.5% APRpaid last 24h +0.081%
Price spread now: Paragon against KuCoin+0.148%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$909as in the Funding arb table
Net, price: spread back to 7d avg − costs−$918as in the Price arb table
costs, in and out, $10k−$9319.308% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.219%+$22 on $10k
Price spread, last 4 days (all we have)−0.199%−$20 · spread now +0.148%, 7d avg +0.016%
Together, before fees+0.020%+$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Paragon is 0.132% dearer against KuCoin than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.016%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.219% in total (about 11.4% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin AAOIUSDTM111.060.0100pay 0.0100% / 8h6h 56m$465K$163K20x
ShortParagon para:AAOI111.220.0570get 0.0071% / 1h56m 23s$269K$686K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paragon against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$98.69
Price spread: +0.148% → +0.016%
$13.24
Slippage, 4 orders
−$908.83
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Paragon: 5 bp × 2 orders
−$10
Net
−$818.9
Costs to cover
9.308%
Break-even
65.1 days
Slippage from KuCoin: live order book, 56 min ago; Paragon: live order book, 59 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 56 min ago16.96 bp449.1 bp −$449doesn't fitdoesn't fitdoesn't fit
Sell Paragon live order book, 59 min ago5.35 bp41.7 bp −$42147.7 bp −$1,477doesn't fitdoesn't fit

AAOI on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster AAOIUSDT0.0000%8h111.15+0.084%$41K$37K20xas long as short
Extended AAOI-USD0.0000%1h111.15+0.078%$14K$203K10xas long as short
Binance AAOIUSDT0.0000%8h111.01−0.045%$15.1M$42.8M20xas long as short
Bybit AAOIUSDT0.0000%8h111.060.000%$1.8M$2.6M25xas long as short
OKX AAOI-USDT-SWAP0.0000%8h110.99−0.063%$4.3M$19.1M20xas long as short
Gate AAOI_USDT0.0000%8h111.21+0.135%$4.1M$14.3M50xas long as short
Bitget AAOIUSDT0.0000%8h111.12+0.054%$2.8M$3.0M20xas long as short
Variational Omni AAOI0.0000%8h111.59+0.478%$153K$164Kas long as short
GRVT AAOI_USDT_Perp0.0000%8h111.55+0.438%$318$99K10xas long as short
SunX AAOI-USDT0.0000%8h111.22+0.144%$1K$1.2M10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX AAOI-USDT0.0000%8h111.44+0.342%$24K$40K20xas long as short
QFEX AAOI-USD+0.0015%1h110.95−0.099%$1.1M$2.5M10xas long as short
BloFin AAOI-USDT+0.0023%8h111.29+0.207%$247K$61K20xas long as short
Lighter AAOI+0.0032%1h111.12+0.054%10xas long as short
Popdex AAOIUSDT+0.0048%1h110.94−0.108%$931$109K20xas long as short
KuCoin AAOIUSDTMlong+0.0100%8h111.06long leg$465K$163K20x
Orderly PERP_AAOI_USDC_mythos+0.0100%8h111.25+0.171%$2K$14K10xas long as short
Aevo AAOI-PERP+0.0104%1h111.22+0.146%10xas long as short
edgeX AAOIUSDC+0.0216%4h111.46+0.360%$13K$261K10xas long as short
tradeXYZ xyz:AAOI+0.0238%1h110.99−0.063%$2.0M$1.4M10xas long as short
Paragon para:AAOIshort+0.0570%1h111.22+0.148%$269K$686K10x