Funding you earn now, next payment 08:00 UTC−0.0184%/8h= −20.1% APRpaid last 24h −0.103%
Price spread now: GRVT against Paragon−0.372%7-day average +0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$147as in the Price arb table
costs, in and out, $10k−$1031.033% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)+1.925%+$193 · spread now −0.372%, 7d avg +0.061%
=Together, before fees+1.927%+ Points / potential airdropGRVT: Active · farm board+$193 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and GRVT is 0.433% cheaper against Paragon than usual: you would sell low and buy high (−$43 if the spread goes back to its 7-day average of +0.061%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.001% in total (about 0.1% 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 | 107.81 | 0.0184 | pay 0.0023% / 1h | 49m 21s | $226K | $721K | 10x |
| Short | GRVT AAOI_USDT_Perp | 107.41 | 0 | get 0.0000% / 8h | 49m 21s | $886 | $115K | 10x |
Paragon para:AAOI
GRVT AAOI_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- −$38.59
- Price spread: −0.372% → +0.061%
- −$43.32
- Slippage, 4 orders
- −$84.28
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$185.19
- Costs to cover
- 1.033%
- Break-even
- never at this rate
Slippage from Paragon: live order book, 6 min ago; GRVT: live order book, 53 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, 6 min ago | 4.66 bp | 27.9 bp −$28 | 119.9 bp −$1,199 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 53 min ago | 3.71 bp | 18.7 bp −$19 | 39.1 bp −$391 | 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 | −0.1494% | 8h | 107.96 | +0.140% | $3.1M | $3.8M | 20x | as long as short |
| Aster AAOIUSDT | 0.0000% | 8h | 107.91 | +0.094% | $40K | $37K | 20x | as long as short |
| Gate AAOI_USDT | 0.0000% | 8h | 107.81 | +0.001% | $3.7M | $12.9M | 50x | as long as short |
| Variational Omni AAOI | 0.0000% | 8h | 107.36 | −0.417% | $115K | $159K | — | as long as short |
| GRVT AAOI_USDT_Perpshort | 0.0000% | 8h | 107.41 | −0.372% | $886 | $115K | 10x | |
| SunX AAOI-USDT | 0.0000% | 8h | 107.39 | −0.388% | $1K | $1.2M | 10x | as long as short |
| HTX AAOI-USDT | 0.0000% | 8h | 107.37 | −0.407% | $23K | $48K | 20x | as long as short |
| BloFin AAOI-USDT | +0.0022% | 8h | 107.33 | −0.444% | $278K | $65K | 20x | as long as short |
| Bybit AAOIUSDT | +0.0023% | 8h | 107.89 | +0.076% | $1.7M | $2.8M | 25x | as long as short |
| Binance AAOIUSDT | +0.0024% | 8h | 107.85 | +0.035% | $14.8M | $45.2M | 20x | as long as short |
Bitget AAOIUSDT
Aster AAOIUSDT
Gate AAOI_USDT
Variational Omni AAOI
SunX AAOI-USDT
HTX AAOI-USDT
BloFin AAOI-USDT
Bybit AAOIUSDT
Binance AAOIUSDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended AAOI-USD | +0.0024% | 1h | 107.77 | −0.034% | $14K | $227K | 10x | as long as short |
| Lighter AAOI | +0.0032% | 1h | 107.79 | −0.017% | — | — | 10x | as long as short |
| QFEX AAOI-USD | +0.0034% | 1h | 107.80 | −0.008% | $1.1M | $1.8M | 10x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 107.78 | −0.027% | $971 | $109K | 20x | as long as short |
| tradeXYZ xyz:AAOI | +0.0071% | 1h | 107.79 | −0.017% | $1.9M | $1.5M | 10x | as long as short |
| KuCoin AAOIUSDTM | +0.0100% | 8h | 107.77 | −0.036% | $452K | $207K | 20x | as long as short |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 107.81 | +0.001% | $1K | $13K | 10x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 107.83 | +0.020% | — | — | 10x | as long as short |
| edgeX AAOIUSDC | +0.0169% | 4h | 107.35 | −0.421% | $12K | $265K | 10x | as long as short |
| Paragon para:AAOIlong | +0.0184% | 1h | 107.81 | long leg | $226K | $721K | 10x | |
| OKX AAOI-USDT-SWAP | +0.0438% | 8h | 107.99 | +0.168% | $5.0M | $20.6M | 20x | as long as short |
Extended AAOI-USD
Lighter AAOI
QFEX AAOI-USD
Popdex AAOIUSDT
tradeXYZ xyz:AAOI
KuCoin AAOIUSDTM
Orderly PERP_AAOI_USDC_mythos
Aevo AAOI-PERP
edgeX AAOIUSDC
OKX AAOI-USDT-SWAP