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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin AAOIUSDTM | 111.06 | 0.0100 | pay 0.0100% / 8h | 6h 56m | $465K | $163K | 20x |
| Short | Paragon para:AAOI | 111.22 | 0.0570 | get 0.0071% / 1h | 56m 23s | $269K | $686K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 56 min ago | 16.96 bp | 449.1 bp −$449 | doesn't fit | doesn't fit | doesn't fit |
| Sell Paragon live order book, 59 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster AAOIUSDT | 0.0000% | 8h | 111.15 | +0.084% | $41K | $37K | 20x | as long as short |
| Extended AAOI-USD | 0.0000% | 1h | 111.15 | +0.078% | $14K | $203K | 10x | as long as short |
| Binance AAOIUSDT | 0.0000% | 8h | 111.01 | −0.045% | $15.1M | $42.8M | 20x | as long as short |
| Bybit AAOIUSDT | 0.0000% | 8h | 111.06 | 0.000% | $1.8M | $2.6M | 25x | as long as short |
| OKX AAOI-USDT-SWAP | 0.0000% | 8h | 110.99 | −0.063% | $4.3M | $19.1M | 20x | as long as short |
| Gate AAOI_USDT | 0.0000% | 8h | 111.21 | +0.135% | $4.1M | $14.3M | 50x | as long as short |
| Bitget AAOIUSDT | 0.0000% | 8h | 111.12 | +0.054% | $2.8M | $3.0M | 20x | as long as short |
| Variational Omni AAOI | 0.0000% | 8h | 111.59 | +0.478% | $153K | $164K | — | as long as short |
| GRVT AAOI_USDT_Perp | 0.0000% | 8h | 111.55 | +0.438% | $318 | $99K | 10x | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 111.22 | +0.144% | $1K | $1.2M | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX AAOI-USDT | 0.0000% | 8h | 111.44 | +0.342% | $24K | $40K | 20x | as long as short |
| QFEX AAOI-USD | +0.0015% | 1h | 110.95 | −0.099% | $1.1M | $2.5M | 10x | as long as short |
| BloFin AAOI-USDT | +0.0023% | 8h | 111.29 | +0.207% | $247K | $61K | 20x | as long as short |
| Lighter AAOI | +0.0032% | 1h | 111.12 | +0.054% | — | — | 10x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 110.94 | −0.108% | $931 | $109K | 20x | as long as short |
| KuCoin AAOIUSDTMlong | +0.0100% | 8h | 111.06 | long leg | $465K | $163K | 20x | |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 111.25 | +0.171% | $2K | $14K | 10x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 111.22 | +0.146% | — | — | 10x | as long as short |
| edgeX AAOIUSDC | +0.0216% | 4h | 111.46 | +0.360% | $13K | $261K | 10x | as long as short |
| tradeXYZ xyz:AAOI | +0.0238% | 1h | 110.99 | −0.063% | $2.0M | $1.4M | 10x | as long as short |
| Paragon para:AAOIshort | +0.0570% | 1h | 111.22 | +0.148% | $269K | $686K | 10x |
KuCoin AAOIUSDTM
Paragon para:AAOI
Aster AAOIUSDT
Extended AAOI-USD
Binance AAOIUSDT
Bybit AAOIUSDT
OKX AAOI-USDT-SWAP
Gate AAOI_USDT
Bitget AAOIUSDT
Variational Omni AAOI
GRVT AAOI_USDT_Perp
SunX AAOI-USDT
HTX AAOI-USDT
BloFin AAOI-USDT
Lighter AAOI
Popdex AAOIUSDT
edgeX AAOIUSDC
tradeXYZ xyz:AAOI