Funding you earn now, next payment 07:00 UTC−0.0210%/8h= −23.0% APRnext payment −$0.26 per $10,000 · paid last 24h −0.094%
Price spread now: Extended against Paragon+0.244%45s7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$920.924% of the position
Funding, last 7 days−0.055%−$5 on $10k
+Price spread, last 4 days (all we have)−0.289%−$29 · spread now +0.244%, 7d avg −0.010%
=Together, before fees−0.344%+ Points / potential airdropExtended: Active · farm board−$34 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.254% dearer against Paragon than usual: you sell high and buy low (spread +0.244% now, against its 7-day average of −0.010%): +$25 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 4.0 days. At the pace of the last 7 days (−0.055% in total) that is about 33 days. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.055% in total (about -2.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.26 per $10,000. 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 | 107.74 | 0.0234 | pay 0.0029% / 1h | 17m 50s | $226K | $721K | 10x |
| Short | Extended AAOI-USD | 108.00 | 0.0024 | get 0.0003% / 1h | 17m 50s | $14K | $232K | 10x |
Paragon para:AAOI
Extended AAOI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$44.05
- Price spread: +0.244% → −0.010%
- $25.44
- Slippage, 4 orders
- −$77.45
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$111.06
- Costs to cover
- 0.924%
- Break-even
- never at this rate
Slippage from Paragon: live order book, 48 min ago; Extended: live order book, 24 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, 48 min ago | 2.30 bp | 37.7 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 24 min ago | 2.64 bp | 15.9 bp −$16 | 186.4 bp −$1,864 | 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 | −0.1484% | 8h | 108.12 | +0.353% | $3.1M | $3.7M | 20x | as long as short |
| Aster AAOIUSDT | 0.0000% | 8h | 108.38 | +0.591% | $40K | $37K | 20x | as long as short |
| Gate AAOI_USDT | 0.0000% | 8h | 108.02 | +0.260% | $3.7M | $13.1M | 50x | as long as short |
| Variational Omni AAOI | 0.0000% | 8h | 108.01 | +0.252% | $148K | $127K | — | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 108.07 | +0.306% | $978 | $1.2M | 10x | as long as short |
| HTX AAOI-USDT | 0.0000% | 8h | 107.83 | +0.084% | $24K | $47K | 20x | as long as short |
| BloFin AAOI-USDT | +0.0002% | 8h | 107.90 | +0.149% | $277K | $64K | 20x | as long as short |
| GRVT AAOI_USDT_Perp | +0.0012% | 8h | 108.00 | +0.243% | $536 | $115K | 10x | as long as short |
| Binance AAOIUSDT | +0.0020% | 8h | 108.01 | +0.251% | $14.8M | $45.0M | 20x | as long as short |
| Extended AAOI-USDshort | +0.0024% | 1h | 108.00 | +0.244% | $14K | $232K | 10x |
Bitget AAOIUSDT
Aster AAOIUSDT
Gate AAOI_USDT
Variational Omni AAOI
SunX AAOI-USDT
HTX AAOI-USDT
BloFin AAOI-USDT
GRVT AAOI_USDT_Perp
Binance AAOIUSDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter AAOI | +0.0032% | 1h | 107.82 | +0.074% | — | — | 10x | as long as short |
| QFEX AAOI-USD | +0.0041% | 1h | 107.90 | +0.149% | $1.1M | $1.8M | 10x | as long as short |
| Bybit AAOIUSDT | +0.0041% | 8h | 107.98 | +0.223% | $1.7M | $2.8M | 25x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 107.92 | +0.167% | $581 | $109K | 20x | as long as short |
| KuCoin AAOIUSDTM | +0.0100% | 8h | 107.92 | +0.167% | $453K | $202K | 20x | as long as short |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 107.93 | +0.176% | $1K | $13K | 10x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 107.92 | +0.166% | — | — | 10x | as long as short |
| tradeXYZ xyz:AAOI | +0.0204% | 1h | 107.94 | +0.186% | $1.9M | $1.5M | 10x | as long as short |
| edgeX AAOIUSDC | +0.0209% | 4h | 108.02 | +0.260% | $13K | $264K | 10x | as long as short |
| Paragon para:AAOIlong | +0.0234% | 1h | 107.74 | long leg | $226K | $721K | 10x | |
| OKX AAOI-USDT-SWAP | +0.0433% | 8h | 108.05 | +0.288% | $5.0M | $20.5M | 20x | as long as short |
Lighter AAOI
QFEX AAOI-USD
Bybit AAOIUSDT
Popdex AAOIUSDT
KuCoin AAOIUSDTM
Orderly PERP_AAOI_USDC_mythos
Aevo AAOI-PERP
tradeXYZ xyz:AAOI
edgeX AAOIUSDC
OKX AAOI-USDT-SWAP