Funding you earn now, next payment 08:00 UTC−0.0087%/8h= −9.6% APRpaid last 24h −0.098%
Price spread now: Binance against Paragon+0.177%7-day average +0.086% · you sell dearer than you buy
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$790.791% of the position
Funding, last 7 days+0.011%+$1 on $10k
+Price spread, last 4 days (all we have)+0.839%+$84 · spread now +0.177%, 7d avg +0.086%
=The price spread pays, funding is against you. Binance is 0.091% dearer against Paragon than usual: you sell high and buy low (spread +0.177% now, against its 7-day average of +0.086%): +$9 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paragon para:AAOI | 107.69 | 0.0087 | pay 0.0011% / 1h | 3m 29s | $226K | $721K | 10x |
| Short | Binance AAOIUSDT | 107.88 | 0 | get 0.0000% / 8h | 3m 29s | $14.8M | $45.4M | 20x |
Paragon para:AAOI
Binance AAOIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$18.37
- Price spread: +0.177% → +0.086%
- $9.1
- Slippage, 4 orders
- −$59.14
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$88.41
- Costs to cover
- 0.791%
- Break-even
- never at this rate
Slippage from Paragon: live order book, 52 min ago; Binance: live order book, 9 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, 52 min ago | 4.66 bp | 27.9 bp −$28 | 119.9 bp −$1,199 | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 1.86 bp | 8.8 bp −$9 | 32.1 bp −$321 | 93.0 bp −$9,300 | 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 | −0.1251% | 8h | 107.98 | +0.273% | $3.2M | $3.9M | 20x | as long as short |
| Aster AAOIUSDT | 0.0000% | 8h | 107.86 | +0.161% | $40K | $37K | 20x | as long as short |
| Extended AAOI-USD | 0.0000% | 1h | 107.81 | +0.119% | $17K | $230K | 10x | as long as short |
| Binance AAOIUSDTshort | 0.0000% | 8h | 107.88 | +0.177% | $14.8M | $45.4M | 20x | |
| Bybit AAOIUSDT | 0.0000% | 8h | 107.89 | +0.189% | $1.7M | $2.8M | 25x | as long as short |
| Gate AAOI_USDT | 0.0000% | 8h | 107.86 | +0.161% | $3.7M | $13.0M | 50x | as long as short |
| Variational Omni AAOI | 0.0000% | 8h | 107.72 | +0.032% | $115K | $153K | — | as long as short |
| GRVT AAOI_USDT_Perp | 0.0000% | 8h | 107.79 | +0.096% | $679 | $113K | 10x | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 107.87 | +0.171% | $1K | $1.2M | 10x | as long as short |
| HTX AAOI-USDT | 0.0000% | 8h | 107.80 | +0.106% | $23K | $47K | 20x | as long as short |
Bitget AAOIUSDT
Aster AAOIUSDT
Extended AAOI-USD
Bybit AAOIUSDT
Gate AAOI_USDT
Variational Omni AAOI
GRVT AAOI_USDT_Perp
SunX AAOI-USDT
HTX AAOI-USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin AAOI-USDT | +0.0026% | 8h | 107.87 | +0.171% | $279K | $66K | 20x | as long as short |
| Lighter AAOI | +0.0032% | 1h | 107.82 | +0.124% | — | — | 10x | as long as short |
| QFEX AAOI-USD | +0.0034% | 1h | 107.82 | +0.124% | $1.1M | $1.8M | 10x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 107.91 | +0.208% | $976 | $108K | 20x | as long as short |
| tradeXYZ xyz:AAOI | +0.0060% | 1h | 107.82 | +0.124% | $1.9M | $1.5M | 10x | as long as short |
| Paragon para:AAOIlong | +0.0087% | 1h | 107.69 | long leg | $226K | $721K | 10x | |
| KuCoin AAOIUSDTM | +0.0100% | 8h | 107.82 | +0.124% | $444K | $225K | 20x | as long as short |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 107.78 | +0.087% | $1K | $13K | 10x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 107.78 | +0.085% | — | — | 10x | as long as short |
| OKX AAOI-USDT-SWAP | +0.0381% | 8h | 107.94 | +0.236% | $5.0M | $20.5M | 20x | as long as short |
| edgeX AAOIUSDC | +0.0805% | 4h | 107.73 | +0.037% | $12K | $264K | 10x | as long as short |
BloFin AAOI-USDT
Lighter AAOI
QFEX AAOI-USD
Popdex AAOIUSDT
tradeXYZ xyz:AAOI
KuCoin AAOIUSDTM
Orderly PERP_AAOI_USDC_mythos
Aevo AAOI-PERP
OKX AAOI-USDT-SWAP
edgeX AAOIUSDC