Funding you earn now, next payment 05:00 UTC+0.0408%/8h= +44.7% APRpaid last 24h +0.109%
Price spread now: Paragon against Variational Omni−0.217%7-day average −0.044% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.031%+$3 on $10k
+Price spread, last 4 days (all we have)−0.046%−$5 · spread now −0.217%, 7d avg −0.044%
=Together, before fees−0.015%+ Points / potential airdropVariational Omni: Active · farm board−$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. Paragon is 0.173% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.217% now, against its 7-day average of −0.044%). If the spread goes back, that is −$17 on $10k: about 34 hours of funding at the current rate (+$12 a day). At the pace of the last 4 days (+0.031% in total) that is about 20 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.031% in total (about 3.2% 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 | Variational Omni AAOI | 108.83 | 0 | get 0.0000% / 8h | 3h 04m | $149K | $130K | — |
| Short | Paragon para:AAOI | 108.59 | 0.0408 | get 0.0051% / 1h | 4m 50s | $228K | $720K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Paragon against Variational Omni. 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
- $85.7
- Price spread: −0.217% → −0.044%
- −$17.32
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Paragon: 5 bp × 2 orders
- −$10
- Net
- $58.38
- Costs to cover
- 0.100%
- Break-even
- 2.2 days
Slippage unknown: Variational Omni: RFQ quote, 49 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 Variational Omni RFQ quote, 49 min ago | 4.23 bp | doesn't fit | 63.5 bp −$635 | doesn't fit | doesn't fit |
| Sell Paragon live order book, 11 min ago | 2.28 bp | 21.9 bp −$22 | 112.4 bp −$1,124 | 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 | −0.0627% | 8h | 108.73 | −0.088% | $2.8M | $3.2M | 20x | as long as short |
| BloFin AAOI-USDT | −0.0023% | 8h | 108.73 | −0.088% | $270K | $63K | 20x | as long as short |
| Aster AAOIUSDT | 0.0000% | 8h | 108.70 | −0.116% | $40K | $37K | 20x | as long as short |
| Extended AAOI-USD | 0.0000% | 1h | 108.70 | −0.112% | $14K | $224K | 10x | as long as short |
| Binance AAOIUSDT | 0.0000% | 8h | 108.75 | −0.065% | $14.8M | $43.2M | 20x | as long as short |
| Gate AAOI_USDT | 0.0000% | 8h | 108.76 | −0.061% | $3.9M | $13.3M | 50x | as long as short |
| Variational Omni AAOIlong | 0.0000% | 8h | 108.83 | long leg | $149K | $130K | — | |
| SunX AAOI-USDT | 0.0000% | 8h | 108.70 | −0.116% | $948 | $1.2M | 10x | as long as short |
| HTX AAOI-USDT | 0.0000% | 8h | 108.77 | −0.051% | $24K | $45K | 20x | as long as short |
| GRVT AAOI_USDT_Perp | +0.0029% | 8h | 108.95 | +0.111% | $339 | $109K | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter AAOI | +0.0032% | 1h | 108.72 | −0.097% | — | — | 10x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 108.72 | −0.097% | $1K | $109K | 20x | as long as short |
| QFEX AAOI-USD | +0.0076% | 1h | 108.70 | −0.116% | $1.1M | $2.0M | 10x | as long as short |
| KuCoin AAOIUSDTM | +0.0100% | 8h | 108.73 | −0.088% | $456K | $192K | 20x | as long as short |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 108.66 | −0.152% | $2K | $13K | 10x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 108.66 | −0.157% | — | — | 10x | as long as short |
| Bybit AAOIUSDT | +0.0117% | 8h | 108.74 | −0.079% | $1.8M | $2.7M | 25x | as long as short |
| OKX AAOI-USDT-SWAP | +0.0374% | 8h | 108.86 | +0.031% | $4.8M | $19.7M | 20x | as long as short |
| tradeXYZ xyz:AAOI | +0.0387% | 1h | 108.67 | −0.143% | $2.0M | $1.4M | 10x | as long as short |
| Paragon para:AAOIshort | +0.0408% | 1h | 108.59 | −0.217% | $228K | $720K | 10x | |
| edgeX AAOIUSDC | +0.0667% | 4h | 108.79 | −0.031% | $13K | $263K | 10x | as long as short |
Variational Omni AAOI
Paragon para:AAOI
Bitget AAOIUSDT
BloFin AAOI-USDT
Aster AAOIUSDT
Extended AAOI-USD
Binance AAOIUSDT
Gate AAOI_USDT
SunX AAOI-USDT
HTX AAOI-USDT
GRVT AAOI_USDT_Perp
Lighter AAOI
Popdex AAOIUSDT
KuCoin AAOIUSDTM
Bybit AAOIUSDT
OKX AAOI-USDT-SWAP
tradeXYZ xyz:AAOI
edgeX AAOIUSDC