Funding you earn now, next payment 03:00 UTC+0.0270%/8h= +29.6% APRpaid last 24h +0.107%
Price spread now: Paragon against Binance+0.007%7-day average −0.089% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.014%+$1 on $10k
+Price spread, last 4 days (all we have)−1.362%−$136 · spread now +0.007%, 7d avg −0.089%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Paragon is 0.097% dearer against Binance than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.089%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.014% in total (about 0.8% 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 | Binance AAOIUSDT | 111.24 | 0 | get 0.0000% / 8h | 5h 24m | $15.1M | $41.8M | 20x |
| Short | Paragon para:AAOI | 111.25 | 0.0270 | get 0.0034% / 1h | 24m 28s | $238K | $712K | 10x |
Binance AAOIUSDT
Paragon para:AAOIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paragon against Binance. 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
- $56.67
- Price spread: +0.007% → −0.089%
- $9.65
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Paragon: 5 bp × 2 orders
- −$10
- Net
- $46.33
- Costs to cover
- 0.200%
- Break-even
- 1.3 days
Slippage unknown: Binance: live order book, 2 min ago; Paragon: live order book, 11 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 Binance live order book, 2 min ago | 0.45 bp | 9.0 bp −$9 | 30.3 bp −$303 | 97.0 bp −$9,699 | doesn't fit |
| Sell Paragon live order book, 11 min ago | 3.14 bp | doesn't fit | doesn't fit | 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 | −0.0028% | 8h | 111.19 | −0.047% | $212K | $62K | 20x | as long as short |
| Aster AAOIUSDT | 0.0000% | 8h | 111.22 | −0.021% | $41K | $37K | 20x | as long as short |
| Extended AAOI-USD | 0.0000% | 1h | 111.19 | −0.049% | $14K | $211K | 10x | as long as short |
| Binance AAOIUSDTlong | 0.0000% | 8h | 111.24 | long leg | $15.1M | $41.8M | 20x | |
| Bybit AAOIUSDT | 0.0000% | 8h | 111.27 | +0.025% | $1.8M | $2.6M | 25x | as long as short |
| OKX AAOI-USDT-SWAP | 0.0000% | 8h | 111.42 | +0.160% | $4.6M | $19.1M | 20x | as long as short |
| Gate AAOI_USDT | 0.0000% | 8h | 111.25 | +0.007% | $4.0M | $13.4M | 50x | as long as short |
| Bitget AAOIUSDT | 0.0000% | 8h | 111.24 | −0.002% | $2.7M | $3.0M | 20x | as long as short |
| Variational Omni AAOI | 0.0000% | 8h | 111.24 | 0.000% | $153K | $131K | — | as long as short |
| GRVT AAOI_USDT_Perp | 0.0000% | 8h | 111.28 | +0.038% | $664 | $102K | 10x | as long as short |
BloFin AAOI-USDT
Aster AAOIUSDT
Extended AAOI-USD
Bybit AAOIUSDT
OKX AAOI-USDT-SWAP
Gate AAOI_USDT
Bitget AAOIUSDT
Variational Omni AAOI
GRVT AAOI_USDT_PerpShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX AAOI-USDT | 0.0000% | 8h | 111.30 | +0.052% | $1K | $1.2M | 10x | as long as short |
| HTX AAOI-USDT | 0.0000% | 8h | 111.17 | −0.065% | $24K | $41K | 20x | as long as short |
| QFEX AAOI-USD | +0.0017% | 1h | 111.18 | −0.056% | $1.1M | $2.3M | 10x | as long as short |
| Lighter AAOI | +0.0032% | 1h | 111.21 | −0.029% | — | — | 10x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 111.26 | +0.016% | $1K | $109K | 20x | as long as short |
| KuCoin AAOIUSDTM | +0.0100% | 8h | 111.28 | +0.034% | $466K | $170K | 20x | as long as short |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 111.25 | +0.007% | $2K | $13K | 10x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 111.24 | −0.001% | — | — | 10x | as long as short |
| tradeXYZ xyz:AAOI | +0.0232% | 1h | 111.27 | +0.025% | $2.0M | $1.4M | 10x | as long as short |
| Paragon para:AAOIshort | +0.0270% | 1h | 111.25 | +0.007% | $238K | $712K | 10x | |
| edgeX AAOIUSDC | +0.0515% | 4h | 111.27 | +0.030% | $13K | $262K | 10x | as long as short |
SunX AAOI-USDT
HTX AAOI-USDT
QFEX AAOI-USD
Lighter AAOI
Popdex AAOIUSDT
KuCoin AAOIUSDTM
Orderly PERP_AAOI_USDC_mythos
Aevo AAOI-PERP
tradeXYZ xyz:AAOI
edgeX AAOIUSDC