Funding you earn now, next payment 05:00 UTC−0.0346%/8h= −37.9% APRnext payment −$0.43 per $10,000 · paid last 24h −0.102%
Price spread now: QFEX against Paragon+0.036%7-day average +0.001% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.090%−$9 on $10k
+Price spread, last 4 days (all we have)+0.036%+$4 · spread now +0.036%, 7d avg +0.001%
=The price spread pays, funding is against you. QFEX is 0.035% dearer against Paragon than usual: you sell high and buy low (spread +0.036% now, against its 7-day average of +0.001%): +$3 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 8 hours. At the pace of the last 4 days (−0.090% in total) that is about 34 hours.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.090% in total (about -9.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.43 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 | 109.08 | 0.0422 | pay 0.0053% / 1h | 18m 14s | $231K | $719K | 10x |
| Short | QFEX AAOI-USD | 109.12 | 0.0076 | get 0.0010% / 1h | 18m 14s | $1.1M | $2.0M | 10x |
Paragon para:AAOI
QFEX AAOI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$72.68
- Price spread: +0.036% → +0.001%
- $3.48
- Slippage, 4 orders
- no order book: not counted
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$89.19
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Paragon: live order book, 67 min ago; QFEX: live order book, 4 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, 67 min ago | 1.34 bp | 6.4 bp −$6 | 95.7 bp −$957 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 4 min ago | 2.28 bp | 7.3 bp −$7 | 12.6 bp −$126 | 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 | −0.0256% | 8h | 109.25 | +0.155% | $2.7M | $3.0M | 20x | as long as short |
| BloFin AAOI-USDT | −0.0014% | 8h | 109.33 | +0.229% | $268K | $63K | 20x | as long as short |
| Aster AAOIUSDT | 0.0000% | 8h | 109.06 | −0.016% | $40K | $37K | 20x | as long as short |
| Extended AAOI-USD | 0.0000% | 1h | 109.12 | +0.038% | $14K | $214K | 10x | as long as short |
| Binance AAOIUSDT | 0.0000% | 8h | 109.16 | +0.073% | $14.8M | $42.7M | 20x | as long as short |
| Gate AAOI_USDT | 0.0000% | 8h | 109.15 | +0.064% | $3.9M | $13.1M | 50x | as long as short |
| Variational Omni AAOI | 0.0000% | 8h | 109.73 | +0.596% | $150K | $131K | — | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 109.56 | +0.439% | $973 | $1.2M | 10x | as long as short |
| HTX AAOI-USDT | 0.0000% | 8h | 109.14 | +0.054% | $24K | $44K | 20x | as long as short |
| GRVT AAOI_USDT_Perp | +0.0015% | 8h | 109.71 | +0.577% | $824 | $110K | 10x | as long as short |
Bitget AAOIUSDT
BloFin AAOI-USDT
Aster AAOIUSDT
Extended AAOI-USD
Binance AAOIUSDT
Gate AAOI_USDT
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 | 109.07 | −0.010% | — | — | 10x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 109.16 | +0.073% | $1K | $109K | 20x | as long as short |
| QFEX AAOI-USDshort | +0.0076% | 1h | 109.12 | +0.036% | $1.1M | $2.0M | 10x | |
| KuCoin AAOIUSDTM | +0.0100% | 8h | 109.13 | +0.045% | $457K | $189K | 20x | as long as short |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 109.07 | −0.010% | $2K | $13K | 10x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 109.09 | +0.010% | — | — | 10x | as long as short |
| Bybit AAOIUSDT | +0.0113% | 8h | 109.13 | +0.045% | $1.7M | $2.7M | 25x | as long as short |
| OKX AAOI-USDT-SWAP | +0.0332% | 8h | 109.25 | +0.155% | $4.8M | $19.5M | 20x | as long as short |
| tradeXYZ xyz:AAOI | +0.0361% | 1h | 109.14 | +0.054% | $2.0M | $1.4M | 10x | as long as short |
| Paragon para:AAOIlong | +0.0422% | 1h | 109.08 | long leg | $231K | $719K | 10x | |
| edgeX AAOIUSDC | +0.0618% | 4h | 109.70 | +0.564% | $13K | $264K | 10x | as long as short |
Lighter AAOI
Popdex AAOIUSDT
KuCoin AAOIUSDTM
Orderly PERP_AAOI_USDC_mythos
Aevo AAOI-PERP
Bybit AAOIUSDT
OKX AAOI-USDT-SWAP
tradeXYZ xyz:AAOI
edgeX AAOIUSDC