Funding you earn now, next payment 07:00 UTC−0.0115%/8h= −12.6% APRpaid last 24h +0.104%
Price spread now: Paragon against OKX−0.132%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$800.803% of the position
Funding, last 7 days−0.145%−$14 on $10k
+Price spread, last 4 days (all we have)+0.139%+$14 · spread now −0.132%, 7d avg −0.037%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Paragon is 0.094% cheaper against OKX than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.037%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX AAOI-USDT-SWAP | 108.14 | 0.0425 | pay 0.0425% / 8h | 1h 52m | $4.9M | $20.3M | 20x |
| Short | Paragon para:AAOI | 108.00 | 0.0310 | get 0.0039% / 1h | 52m 50s | $226K | $721K | 10x |
OKX AAOI-USDT-SWAP
Paragon para:AAOIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paragon against OKX. 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
- −$24.08
- Price spread: −0.132% → −0.037%
- −$9.44
- Slippage, 4 orders
- −$60.28
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Paragon: 5 bp × 2 orders
- −$10
- Net
- −$113.8
- Costs to cover
- 0.803%
- Break-even
- never at this rate
Slippage from OKX: live order book, 1 min ago; Paragon: live order book, 13 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 OKX live order book, 1 min ago | 0.46 bp | 10.0 bp −$10 | 58.2 bp −$582 | doesn't fit | doesn't fit |
| Sell Paragon live order book, 13 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 | −0.1327% | 8h | 108.18 | +0.037% | $3.0M | $3.7M | 20x | as long as short |
| Aster AAOIUSDT | 0.0000% | 8h | 108.29 | +0.136% | $40K | $37K | 20x | as long as short |
| Gate AAOI_USDT | 0.0000% | 8h | 108.08 | −0.055% | $3.8M | $13.0M | 50x | as long as short |
| Variational Omni AAOI | 0.0000% | 8h | 108.14 | +0.001% | $148K | $127K | — | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 108.08 | −0.055% | $960 | $1.2M | 10x | as long as short |
| HTX AAOI-USDT | 0.0000% | 8h | 108.08 | −0.055% | $24K | $46K | 20x | as long as short |
| Extended AAOI-USD | +0.0008% | 1h | 108.09 | −0.045% | $14K | $229K | 10x | as long as short |
| Binance AAOIUSDT | +0.0010% | 8h | 108.12 | −0.018% | $14.7M | $44.6M | 20x | as long as short |
| GRVT AAOI_USDT_Perp | +0.0025% | 8h | 108.28 | +0.131% | $949 | $115K | 10x | as long as short |
| BloFin AAOI-USDT | +0.0030% | 8h | 108.09 | −0.046% | $276K | $64K | 20x | as long as short |
Bitget AAOIUSDT
Aster AAOIUSDT
Gate AAOI_USDT
Variational Omni AAOI
SunX AAOI-USDT
HTX AAOI-USDT
Extended AAOI-USD
Binance AAOIUSDT
GRVT AAOI_USDT_Perp
BloFin AAOI-USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter AAOI | +0.0032% | 1h | 107.97 | −0.157% | — | — | 10x | as long as short |
| QFEX AAOI-USD | +0.0041% | 1h | 108.10 | −0.037% | $1.1M | $1.9M | 10x | as long as short |
| Bybit AAOIUSDT | +0.0047% | 8h | 108.11 | −0.028% | $1.7M | $2.8M | 25x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 108.16 | +0.018% | $207 | $109K | 20x | as long as short |
| edgeX AAOIUSDC | +0.0070% | 4h | 108.19 | +0.042% | $13K | $264K | 10x | as long as short |
| KuCoin AAOIUSDTM | +0.0100% | 8h | 108.06 | −0.074% | $453K | $200K | 20x | as long as short |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 108.00 | −0.129% | $1K | $13K | 10x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 108.01 | −0.121% | — | — | 10x | as long as short |
| Paragon para:AAOIshort | +0.0310% | 1h | 108.00 | −0.132% | $226K | $721K | 10x | |
| tradeXYZ xyz:AAOI | +0.0410% | 1h | 108.08 | −0.055% | $2.0M | $1.4M | 10x | as long as short |
| OKX AAOI-USDT-SWAPlong | +0.0425% | 8h | 108.14 | long leg | $4.9M | $20.3M | 20x |
Lighter AAOI
QFEX AAOI-USD
Bybit AAOIUSDT
Popdex AAOIUSDT
edgeX AAOIUSDC
KuCoin AAOIUSDTM
Orderly PERP_AAOI_USDC_mythos
Aevo AAOI-PERP
tradeXYZ xyz:AAOI