Funding you earn now, next payment 09:00 UTC−0.0249%/8h= −27.3% APRpaid last 24h −0.091%
Price spread now: Binance against Paragon+0.075%7-day average +0.089% · you sell dearer than you buy
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1111.106% of the position
Funding, last 7 days−0.005%−$1 on $10k
+Price spread, last 4 days (all we have)+1.280%+$128 · spread now +0.075%, 7d avg +0.089%
=The price spread sits at its 7-day average of +0.089%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.005% in total (about -0.3% 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 | Paragon para:AAOI | 106.78 | 0.0249 | pay 0.0031% / 1h | 37m 42s | $223K | $721K | 10x |
| Short | Binance AAOIUSDT | 106.86 | 0 | get 0.0000% / 8h | 7h 37m | $14.6M | $47.1M | 20x |
Paragon para:AAOI
Binance AAOIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Paragon. 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
- −$52.3
- Price spread: +0.075% → +0.089%
- −$1.41
- Slippage, 4 orders
- −$90.58
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$164.29
- Costs to cover
- 1.106%
- Break-even
- never at this rate
Slippage from Paragon: live order book, 8 min ago; Binance: live order book, 4 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 Paragon live order book, 8 min ago | 3.26 bp | 48.4 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 1.40 bp | 11.8 bp −$12 | 34.3 bp −$343 | 102.5 bp −$10.3K | 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 | −0.1281% | 8h | 106.91 | +0.122% | $3.2M | $4.1M | 20x | as long as short |
| BloFin AAOI-USDT | −0.0017% | 8h | 106.85 | +0.065% | $279K | $66K | 20x | as long as short |
| Aster AAOIUSDT | 0.0000% | 8h | 106.93 | +0.137% | $39K | $43K | 20x | as long as short |
| Extended AAOI-USD | 0.0000% | 1h | 106.83 | +0.049% | $17K | $228K | 10x | as long as short |
| Binance AAOIUSDTshort | 0.0000% | 8h | 106.86 | +0.075% | $14.6M | $47.1M | 20x | |
| Bybit AAOIUSDT | 0.0000% | 8h | 106.85 | +0.065% | $1.7M | $2.8M | 25x | as long as short |
| Gate AAOI_USDT | 0.0000% | 8h | 106.89 | +0.103% | $3.7M | $12.7M | 50x | as long as short |
| Variational Omni AAOI | 0.0000% | 8h | 106.92 | +0.133% | $113K | $155K | — | as long as short |
| GRVT AAOI_USDT_Perp | 0.0000% | 8h | 107.15 | +0.347% | $1K | $112K | 10x | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 106.87 | +0.084% | $1K | $1.2M | 10x | as long as short |
Bitget AAOIUSDT
BloFin AAOI-USDT
Aster AAOIUSDT
Extended AAOI-USD
Bybit AAOIUSDT
Gate AAOI_USDT
Variational Omni AAOI
GRVT AAOI_USDT_Perp
SunX AAOI-USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX AAOI-USDT | 0.0000% | 8h | 107.00 | +0.206% | $23K | $47K | 20x | as long as short |
| Lighter AAOI | +0.0032% | 1h | 106.79 | +0.009% | — | — | 10x | as long as short |
| QFEX AAOI-USD | +0.0045% | 1h | 106.74 | −0.038% | $1.1M | $1.8M | 10x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 106.83 | +0.047% | $935 | $109K | 20x | as long as short |
| tradeXYZ xyz:AAOI | +0.0050% | 1h | 106.78 | 0.000% | $1.9M | $1.6M | 10x | as long as short |
| KuCoin AAOIUSDTM | +0.0100% | 8h | 106.89 | +0.103% | $439K | $250K | 20x | as long as short |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 106.82 | +0.037% | $1K | $14K | 10x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 106.80 | +0.017% | — | — | 10x | as long as short |
| Paragon para:AAOIlong | +0.0249% | 1h | 106.78 | long leg | $223K | $721K | 10x | |
| OKX AAOI-USDT-SWAP | +0.0336% | 8h | 106.90 | +0.112% | $4.9M | $20.7M | 20x | as long as short |
| edgeX AAOIUSDC | +0.0497% | 4h | 106.78 | −0.002% | $12K | $264K | 10x | as long as short |
HTX AAOI-USDT
Lighter AAOI
QFEX AAOI-USD
Popdex AAOIUSDT
tradeXYZ xyz:AAOI
KuCoin AAOIUSDTM
Orderly PERP_AAOI_USDC_mythos
Aevo AAOI-PERP
OKX AAOI-USDT-SWAP
edgeX AAOIUSDC