Funding you earn now, next payment 02:00 UTC+0.0386%/8h= +42.2% APRpaid last 24h +0.107%
Price spread now: Paragon against OKX−0.045%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$690.687% of the position
Funding, last 7 days−0.121%−$12 on $10k
+Price spread, last 4 days (all we have)+0.025%+$3 · spread now −0.045%, 7d avg −0.033%
=The price spread sits at its 7-day average of −0.033%, so right now this pair is about funding alone: +$12 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.121%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.121% in total (about -6.3% 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 | OKX AAOI-USDT-SWAP | 111.10 | 0 | get 0.0000% / 8h | 6h 14m | $4.4M | $18.9M | 20x |
| Short | Paragon para:AAOI | 111.05 | 0.0386 | get 0.0048% / 1h | 14m 19s | $239K | $713K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Paragon against OKX. 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
- $81
- Price spread: −0.045% → −0.033%
- −$1.17
- Slippage, 4 orders
- −$48.68
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Paragon: 5 bp × 2 orders
- −$10
- Net
- $11.15
- Costs to cover
- 0.687%
- Break-even
- 6.0 days
Slippage from OKX: live order book, 4 min ago; Paragon: live order book, 31 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 OKX live order book, 4 min ago | 0.45 bp | 8.3 bp −$8 | 34.4 bp −$344 | doesn't fit | doesn't fit |
| Sell Paragon live order book, 31 min ago | 3.16 bp | 22.9 bp −$23 | 134.5 bp −$1,345 | doesn't fit | doesn't fit |
AAOI on 20 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster AAOIUSDT | 0.0000% | 8h | 110.93 | −0.156% | $41K | $37K | 20x | as long as short |
| Extended AAOI-USD | 0.0000% | 1h | 111.00 | −0.086% | $18K | $202K | 10x | as long as short |
| Binance AAOIUSDT | 0.0000% | 8h | 111.04 | −0.050% | $15.1M | $41.6M | 20x | as long as short |
| Bybit AAOIUSDT | 0.0000% | 8h | 111.08 | −0.018% | $1.8M | $2.6M | 25x | as long as short |
| OKX AAOI-USDT-SWAPlong | 0.0000% | 8h | 111.10 | long leg | $4.4M | $18.9M | 20x | |
| Gate AAOI_USDT | 0.0000% | 8h | 111.04 | −0.054% | $4.0M | $14.5M | 50x | as long as short |
| Bitget AAOIUSDT | 0.0000% | 8h | 111.05 | −0.045% | $2.7M | $3.0M | 20x | as long as short |
| Variational Omni AAOI | 0.0000% | 8h | 110.97 | −0.113% | $152K | $131K | — | as long as short |
| GRVT AAOI_USDT_Perp | 0.0000% | 8h | 110.91 | −0.173% | $481 | $102K | 10x | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 110.98 | −0.108% | $1K | $1.2M | 10x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX AAOI-USDT | 0.0000% | 8h | 111.02 | −0.072% | $24K | $40K | 20x | as long as short |
| QFEX AAOI-USD | +0.0015% | 1h | 110.99 | −0.099% | $1.1M | $2.4M | 10x | as long as short |
| Lighter AAOI | +0.0032% | 1h | 110.98 | −0.108% | — | — | 10x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 111.03 | −0.063% | $942 | $109K | 20x | as long as short |
| KuCoin AAOIUSDTM | +0.0100% | 8h | 110.98 | −0.108% | $465K | $165K | 20x | as long as short |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 111.00 | −0.090% | $2K | $13K | 10x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 110.99 | −0.096% | — | — | 10x | as long as short |
| tradeXYZ xyz:AAOI | +0.0242% | 1h | 111.04 | −0.054% | $2.0M | $1.4M | 10x | as long as short |
| Paragon para:AAOIshort | +0.0386% | 1h | 111.05 | −0.045% | $239K | $713K | 10x | |
| edgeX AAOIUSDC | +0.0506% | 4h | 110.90 | −0.179% | $13K | $263K | 10x | as long as short |
OKX AAOI-USDT-SWAP
Paragon para:AAOI
Aster AAOIUSDT
Extended AAOI-USD
Binance AAOIUSDT
Bybit AAOIUSDT
Gate AAOI_USDT
Bitget AAOIUSDT
Variational Omni AAOI
GRVT AAOI_USDT_Perp
SunX AAOI-USDT
HTX AAOI-USDT
Lighter AAOI
Popdex AAOIUSDT
KuCoin AAOIUSDTM
tradeXYZ xyz:AAOI
edgeX AAOIUSDC