Funding you earn now, next payment 08:00 UTC+0.1439%/8h= +157.6% APRpaid last 24h +0.103%
Price spread now: Paragon against Bitget−0.259%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$980.984% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 4 days (all we have)+0.242%+$24 · spread now −0.259%, 7d avg −0.020%
=Funding pays, the price is against you. Paragon is 0.239% cheaper against Bitget than usual: you would sell low and buy high (spread −0.259% now, against its 7-day average of −0.020%). If the spread goes back, that is −$24 on $10k: about 13 hours of funding at the current rate (+$43 a day). At the pace of the last 7 days (+0.006% in total) that is about 10 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.006% in total (about 0.3% 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 | Bitget AAOIUSDT | 108.02 | −0.1379 | get 0.1379% / 8h | 34m 12s | $3.2M | $3.9M | 20x |
| Short | Paragon para:AAOI | 107.74 | 0.0060 | get 0.0008% / 1h | 34m 12s | $226K | $721K | 10x |
Bitget AAOIUSDT
Paragon para:AAOIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paragon against Bitget. 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
- $302.19
- Price spread: −0.259% → −0.020%
- −$23.93
- Slippage, 4 orders
- −$76.42
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Paragon: 5 bp × 2 orders
- −$10
- Net
- $179.84
- Costs to cover
- 0.984%
- Break-even
- 2.8 days
Slippage from Bitget: live order book, 4 min ago; Paragon: live order book, 22 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 Bitget live order book, 4 min ago | 1.39 bp | 18.5 bp −$19 | 31.7 bp −$317 | 92.7 bp −$9,266 | doesn't fit |
| Sell Paragon live order book, 22 min ago | 4.66 bp | 32.3 bp −$32 | 131.5 bp −$1,315 | 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 AAOIUSDTlong | −0.1379% | 8h | 108.02 | long leg | $3.2M | $3.9M | 20x | |
| BloFin AAOI-USDT | −0.0001% | 8h | 107.97 | −0.046% | $277K | $66K | 20x | as long as short |
| Aster AAOIUSDT | 0.0000% | 8h | 107.91 | −0.102% | $40K | $37K | 20x | as long as short |
| Gate AAOI_USDT | 0.0000% | 8h | 107.87 | −0.139% | $3.7M | $12.9M | 50x | as long as short |
| Variational Omni AAOI | 0.0000% | 8h | 107.83 | −0.172% | $116K | $159K | — | as long as short |
| GRVT AAOI_USDT_Perp | 0.0000% | 8h | 107.99 | −0.024% | $864 | $114K | 10x | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 107.82 | −0.185% | $1K | $1.2M | 10x | as long as short |
| HTX AAOI-USDT | 0.0000% | 8h | 107.86 | −0.148% | $24K | $47K | 20x | as long as short |
| Bybit AAOIUSDT | +0.0007% | 8h | 107.89 | −0.120% | $1.7M | $2.8M | 25x | as long as short |
| Binance AAOIUSDT | +0.0023% | 8h | 107.87 | −0.139% | $14.8M | $45.3M | 20x | as long as short |
BloFin AAOI-USDT
Aster AAOIUSDT
Gate AAOI_USDT
Variational Omni AAOI
GRVT AAOI_USDT_Perp
SunX AAOI-USDT
HTX AAOI-USDT
Bybit AAOIUSDT
Binance AAOIUSDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended AAOI-USD | +0.0024% | 1h | 107.84 | −0.165% | $14K | $228K | 10x | as long as short |
| Lighter AAOI | +0.0032% | 1h | 107.85 | −0.157% | — | — | 10x | as long as short |
| QFEX AAOI-USD | +0.0034% | 1h | 107.82 | −0.185% | $1.1M | $1.8M | 10x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 107.88 | −0.130% | $1K | $108K | 20x | as long as short |
| Paragon para:AAOIshort | +0.0060% | 1h | 107.74 | −0.259% | $226K | $721K | 10x | |
| KuCoin AAOIUSDTM | +0.0100% | 8h | 107.81 | −0.194% | $441K | $210K | 20x | as long as short |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 107.84 | −0.167% | $1K | $13K | 10x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 107.83 | −0.180% | — | — | 10x | as long as short |
| tradeXYZ xyz:AAOI | +0.0125% | 1h | 107.84 | −0.167% | $1.9M | $1.5M | 10x | as long as short |
| OKX AAOI-USDT-SWAP | +0.0430% | 8h | 107.91 | −0.102% | $5.0M | $20.6M | 20x | as long as short |
| edgeX AAOIUSDC | +0.0869% | 4h | 107.94 | −0.075% | $12K | $265K | 10x | as long as short |
Extended AAOI-USD
Lighter AAOI
QFEX AAOI-USD
Popdex AAOIUSDT
KuCoin AAOIUSDTM
Orderly PERP_AAOI_USDC_mythos
Aevo AAOI-PERP
tradeXYZ xyz:AAOI
OKX AAOI-USDT-SWAP
edgeX AAOIUSDC