Funding you earn now, next payment 10:00 UTC−0.0138%/8h= −15.1% APRpaid last 24h −0.066%
Price spread now: KuCoin against Paragon−0.068%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$907as in the Funding arb table
Net, price: spread back to 7d avg − costs−$895as in the Price arb table
costs, in and out, $10k−$8908.899% of the position
Funding, last 7 days−0.169%−$17 on $10k
+Price spread, last 4 days (all we have)+0.242%+$24 · spread now −0.068%, 7d avg −0.013%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and KuCoin is 0.055% cheaper against Paragon than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.013%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paragon para:AAOI | 108.70 | 0.0238 | pay 0.0030% / 1h | 5m 19s | $227K | $720K | 10x |
| Short | KuCoin AAOIUSDTM | 108.63 | 0.0100 | get 0.0100% / 8h | 6h 05m | $447K | $344K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$28.9
- Price spread: −0.068% → −0.013%
- −$5.53
- Slippage, 4 orders
- −$867.87
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$924.3
- Costs to cover
- 8.899%
- Break-even
- never at this rate
Slippage from Paragon: live order book, 37 min ago; KuCoin: live order book, 39 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, 37 min ago | 3.25 bp | 24.0 bp −$24 | 64.3 bp −$643 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 39 min ago | 10.21 bp | 461.5 bp −$462 | doesn't fit | doesn't fit | doesn't fit |
AAOI on 21 exchanges
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 | −0.0500% | 8h | 108.65 | −0.050% | $3.3M | $4.3M | 20x | as long as short |
| Aster AAOIUSDT | 0.0000% | 8h | 108.53 | −0.163% | $40K | $43K | 20x | as long as short |
| Bybit AAOIUSDT | 0.0000% | 8h | 108.77 | +0.060% | $1.7M | $2.9M | 25x | as long as short |
| Gate AAOI_USDT | 0.0000% | 8h | 108.81 | +0.097% | $3.8M | $12.8M | 50x | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 108.72 | +0.014% | $1K | $1.1M | 10x | as long as short |
| HTX AAOI-USDT | 0.0000% | 8h | 108.68 | −0.022% | $24K | $47K | 20x | as long as short |
| QFEX AAOI-USD | +0.0005% | 1h | 108.72 | +0.014% | $1.1M | $1.8M | 10x | as long as short |
| Lighter AAOI | +0.0032% | 1h | 108.59 | −0.105% | — | — | 10x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 108.80 | +0.088% | $963 | $109K | 20x | as long as short |
| Variational Omni AAOI | +0.0066% | 8h | 108.66 | −0.041% | $116K | $156K | — | as long as short |
Show all 21 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 108.65 | −0.050% | $1K | $14K | 10x | as long as short |
| KuCoin AAOIUSDTMshort | +0.0100% | 8h | 108.63 | −0.068% | $447K | $344K | 20x | |
| Aevo AAOI-PERP | +0.0104% | 1h | 108.45 | −0.236% | — | — | 10x | as long as short |
| Binance AAOIUSDT | +0.0206% | 8h | 108.55 | −0.142% | $14.7M | $49.1M | 20x | as long as short |
| Extended AAOI-USD | +0.0208% | 1h | 108.61 | −0.091% | $19K | $234K | 10x | as long as short |
| BloFin AAOI-USDT | +0.0213% | 8h | 108.75 | +0.042% | $274K | $71K | 20x | as long as short |
| Paragon para:AAOIlong | +0.0238% | 1h | 108.70 | long leg | $227K | $720K | 10x | |
| OKX AAOI-USDT-SWAP | +0.0247% | 8h | 108.70 | −0.004% | $4.8M | $21.8M | 20x | as long as short |
| tradeXYZ xyz:AAOI | +0.0263% | 1h | 108.75 | +0.042% | $1.9M | $1.7M | 10x | as long as short |
| edgeX AAOIUSDC | +0.0567% | 4h | 108.32 | −0.356% | $12K | $263K | 10x | as long as short |
| GRVT AAOI_USDT_Perp | +0.0724% | 8h | 107.73 | −0.896% | $394 | $111K | 10x | as long as short |
Paragon para:AAOI
KuCoin AAOIUSDTM
Bitget AAOIUSDT
Aster AAOIUSDT
Bybit AAOIUSDT
Gate AAOI_USDT
SunX AAOI-USDT
HTX AAOI-USDT
Lighter AAOI
Popdex AAOIUSDT
Variational Omni AAOI
Binance AAOIUSDT
Extended AAOI-USD
BloFin AAOI-USDT
OKX AAOI-USDT-SWAP
tradeXYZ xyz:AAOI
edgeX AAOIUSDC
GRVT AAOI_USDT_Perp