Funding you earn now, next payment 03:00 UTC−0.0612%/8h= −67.0% APRpaid last 24h −0.109%
Price spread now: Bitget against Paragon+0.027%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$890.890% of the position
Funding, last 7 days−0.035%−$3 on $10k
+Price spread, last 4 days (all we have)−0.010%−$1 · spread now +0.027%, 7d avg +0.016%
=The price spread sits at its 7-day average of +0.016%, so right now this pair is about funding alone: −$18 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 -0.035% in total (about -1.8% 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 | 110.84 | 0.0612 | pay 0.0076% / 1h | 54m 48s | $238K | $712K | 10x |
| Short | Bitget AAOIUSDT | 110.87 | 0 | get 0.0000% / 8h | 5h 54m | $2.8M | $3.0M | 20x |
Paragon para:AAOI
Bitget AAOIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$128.52
- Price spread: +0.027% → +0.016%
- $1.09
- Slippage, 4 orders
- −$66.97
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$216.4
- Costs to cover
- 0.890%
- Break-even
- never at this rate
Slippage from Paragon: live order book, 51 min ago; Bitget: live order book, 3 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, 51 min ago | 3.16 bp | 29.0 bp −$29 | 168.6 bp −$1,686 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 3.16 bp | 18.4 bp −$18 | 34.5 bp −$345 | 104.9 bp −$10.5K | 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 | 110.72 | −0.107% | $41K | $37K | 20x | as long as short |
| Extended AAOI-USD | 0.0000% | 1h | 110.79 | −0.043% | $17K | $211K | 10x | as long as short |
| Binance AAOIUSDT | 0.0000% | 8h | 110.81 | −0.027% | $15.0M | $41.6M | 20x | as long as short |
| Bybit AAOIUSDT | 0.0000% | 8h | 110.87 | +0.027% | $1.8M | $2.6M | 25x | as long as short |
| OKX AAOI-USDT-SWAP | 0.0000% | 8h | 110.87 | +0.027% | $4.4M | $18.9M | 20x | as long as short |
| Gate AAOI_USDT | 0.0000% | 8h | 110.84 | 0.000% | $4.0M | $13.3M | 50x | as long as short |
| Bitget AAOIUSDTshort | 0.0000% | 8h | 110.87 | +0.027% | $2.8M | $3.0M | 20x | |
| Variational Omni AAOI | 0.0000% | 8h | 110.85 | +0.011% | $152K | $131K | — | as long as short |
| GRVT AAOI_USDT_Perp | 0.0000% | 8h | 110.83 | −0.009% | $662 | $103K | 10x | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 110.90 | +0.054% | $1K | $1.2M | 10x | as long as short |
Aster AAOIUSDT
Extended AAOI-USD
Binance AAOIUSDT
Bybit AAOIUSDT
OKX AAOI-USDT-SWAP
Gate AAOI_USDT
Variational Omni AAOI
GRVT AAOI_USDT_Perp
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 | 110.80 | −0.036% | $24K | $41K | 20x | as long as short |
| QFEX AAOI-USD | +0.0017% | 1h | 110.86 | +0.018% | $1.1M | $2.3M | 10x | as long as short |
| Lighter AAOI | +0.0032% | 1h | 110.86 | +0.018% | — | — | 10x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 110.90 | +0.054% | $914 | $109K | 20x | as long as short |
| KuCoin AAOIUSDTM | +0.0100% | 8h | 110.85 | +0.009% | $463K | $165K | 20x | as long as short |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 110.85 | +0.009% | $2K | $13K | 10x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 110.85 | +0.008% | — | — | 10x | as long as short |
| tradeXYZ xyz:AAOI | +0.0213% | 1h | 110.75 | −0.081% | $2.0M | $1.4M | 10x | as long as short |
| Paragon para:AAOIlong | +0.0612% | 1h | 110.84 | long leg | $238K | $712K | 10x | |
| edgeX AAOIUSDC | +0.0805% | 4h | 110.87 | +0.023% | $13K | $262K | 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