Funding you earn now, next payment 05:00 UTC−0.0186%/8h= −20.4% APRpaid last 24h −0.108%
Price spread now: OKX against Paragon+0.160%54s7-day average +0.036% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.136%+$14 on $10k
+Price spread, last 4 days (all we have)−0.142%−$14 · spread now +0.160%, 7d avg +0.036%
=The price spread pays, funding is against you. OKX is 0.125% dearer against Paragon than usual: you sell high and buy low (spread +0.160% now, against its 7-day average of +0.036%): +$12 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 2.2 days. Mind the row above: over the last 7 days funding on this pair paid +0.136%, so the current rate has only just turned against you. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paragon para:AAOI | 110.64 | 0.0484 | pay 0.0060% / 1h | 42m 54s | $234K | $719K | 10x |
| Short | OKX AAOI-USDT-SWAP | 110.82 | 0.0298 | get 0.0298% / 8h | 3h 42m | $4.8M | $19.6M | 20x |
Paragon para:AAOI
OKX AAOI-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$39.04
- Price spread: +0.160% → +0.036%
- $12.47
- Slippage, 4 orders
- no order book: not counted
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$46.57
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Paragon: live order book, 43 min ago; OKX: live order book, 1 min ago. Net counts fees only.
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, 43 min ago | 1.34 bp | 6.4 bp −$6 | 95.7 bp −$957 | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 0.45 bp | 7.3 bp −$7 | 29.4 bp −$294 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin AAOI-USDT | −0.0016% | 8h | 110.71 | +0.061% | $270K | $63K | 20x | as long as short |
| Aster AAOIUSDT | 0.0000% | 8h | 110.67 | +0.025% | $41K | $37K | 20x | as long as short |
| Extended AAOI-USD | 0.0000% | 1h | 110.70 | +0.055% | $16K | $213K | 10x | as long as short |
| Binance AAOIUSDT | 0.0000% | 8h | 110.74 | +0.091% | $15.0M | $42.2M | 20x | as long as short |
| Gate AAOI_USDT | 0.0000% | 8h | 110.73 | +0.079% | $4.1M | $13.0M | 50x | as long as short |
| Bitget AAOIUSDT | 0.0000% | 8h | 110.76 | +0.106% | $2.7M | $3.0M | 20x | as long as short |
| Variational Omni AAOI | 0.0000% | 8h | 110.89 | +0.224% | $152K | $131K | — | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 110.71 | +0.061% | $1K | $1.2M | 10x | as long as short |
| HTX AAOI-USDT | 0.0000% | 8h | 110.70 | +0.052% | $24K | $44K | 20x | as long as short |
| GRVT AAOI_USDT_Perp | +0.0030% | 8h | 110.78 | +0.124% | $763 | $105K | 10x | as long as short |
BloFin AAOI-USDT
Aster AAOIUSDT
Extended AAOI-USD
Binance AAOIUSDT
Gate AAOI_USDT
Bitget AAOIUSDT
Variational Omni AAOI
SunX AAOI-USDT
HTX AAOI-USDT
GRVT AAOI_USDT_PerpShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter AAOI | +0.0032% | 1h | 110.66 | +0.016% | — | — | 10x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 110.71 | +0.061% | $1K | $109K | 20x | as long as short |
| QFEX AAOI-USD | +0.0076% | 1h | 110.66 | +0.016% | $1.1M | $2.0M | 10x | as long as short |
| KuCoin AAOIUSDTM | +0.0100% | 8h | 110.71 | +0.061% | $463K | $184K | 20x | as long as short |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 110.69 | +0.043% | $2K | $13K | 10x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 110.68 | +0.036% | — | — | 10x | as long as short |
| Bybit AAOIUSDT | +0.0121% | 8h | 110.75 | +0.097% | $1.8M | $2.6M | 25x | as long as short |
| OKX AAOI-USDT-SWAPshort | +0.0298% | 8h | 110.82 | +0.160% | $4.8M | $19.6M | 20x | |
| tradeXYZ xyz:AAOI | +0.0350% | 1h | 110.69 | +0.043% | $2.0M | $1.4M | 10x | as long as short |
| edgeX AAOIUSDC | +0.0446% | 4h | 110.83 | +0.171% | $13K | $265K | 10x | as long as short |
| Paragon para:AAOIlong | +0.0484% | 1h | 110.64 | long leg | $234K | $719K | 10x |
Lighter AAOI
Popdex AAOIUSDT
QFEX AAOI-USD
KuCoin AAOIUSDTM
Orderly PERP_AAOI_USDC_mythos
Aevo AAOI-PERP
Bybit AAOIUSDT
tradeXYZ xyz:AAOI
edgeX AAOIUSDC