Funding you earn now, next payment 05:00 UTC−0.0411%/8h= −45.1% APRpaid last 24h −0.104%
Price spread now: Binance against Paragon+0.074%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−0.002%$0 on $10k
+Price spread, last 4 days (all we have)+0.401%+$40 · spread now +0.074%, 7d avg +0.089%
=The price spread sits at its 7-day average of +0.089%, so right now this pair is about funding alone: −$12 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.002% in total (about -0.1% 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 | Paragon para:AAOI | 108.65 | 0.0411 | pay 0.0051% / 1h | 5m 37s | $229K | $720K | 10x |
| Short | Binance AAOIUSDT | 108.73 | 0 | get 0.0000% / 8h | 3h 05m | $14.8M | $43.1M | 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
- −$86.4
- Price spread: +0.074% → +0.089%
- −$1.5
- Slippage, 4 orders
- no order book: not counted
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$107.9
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Paragon: live order book, 10 min ago; Binance: live order book, 6 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 Paragon live order book, 10 min ago | 2.28 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 1.83 bp | 12.0 bp −$12 | 36.6 bp −$366 | 94.7 bp −$9,467 | 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 | 108.75 | +0.092% | $2.8M | $3.2M | 20x | as long as short |
| Aster AAOIUSDT | 0.0000% | 8h | 108.70 | +0.047% | $40K | $37K | 20x | as long as short |
| Extended AAOI-USD | 0.0000% | 1h | 108.65 | +0.002% | $14K | $224K | 10x | as long as short |
| Binance AAOIUSDTshort | 0.0000% | 8h | 108.73 | +0.074% | $14.8M | $43.1M | 20x | |
| Gate AAOI_USDT | 0.0000% | 8h | 108.77 | +0.110% | $3.9M | $13.3M | 50x | as long as short |
| Variational Omni AAOI | 0.0000% | 8h | 108.83 | +0.162% | $149K | $130K | — | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 108.91 | +0.239% | $1K | $1.2M | 10x | as long as short |
| HTX AAOI-USDT | 0.0000% | 8h | 108.95 | +0.276% | $24K | $45K | 20x | as long as short |
| GRVT AAOI_USDT_Perp | +0.0026% | 8h | 108.92 | +0.250% | $813 | $109K | 10x | as long as short |
| BloFin AAOI-USDT | +0.0030% | 8h | 108.90 | +0.230% | $270K | $63K | 20x | as long as short |
Bitget AAOIUSDT
Aster AAOIUSDT
Extended AAOI-USD
Gate AAOI_USDT
Variational Omni AAOI
SunX AAOI-USDT
HTX AAOI-USDT
GRVT AAOI_USDT_Perp
BloFin AAOI-USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter AAOI | +0.0032% | 1h | 108.75 | +0.092% | — | — | 10x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 108.87 | +0.202% | $1K | $109K | 20x | as long as short |
| QFEX AAOI-USD | +0.0076% | 1h | 108.70 | +0.046% | $1.1M | $2.0M | 10x | as long as short |
| KuCoin AAOIUSDTM | +0.0100% | 8h | 108.77 | +0.110% | $455K | $192K | 20x | as long as short |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 108.81 | +0.147% | $2K | $13K | 10x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 108.80 | +0.136% | — | — | 10x | as long as short |
| Bybit AAOIUSDT | +0.0121% | 8h | 108.74 | +0.083% | $1.8M | $2.7M | 25x | as long as short |
| OKX AAOI-USDT-SWAP | +0.0373% | 8h | 108.74 | +0.083% | $4.8M | $19.7M | 20x | as long as short |
| tradeXYZ xyz:AAOI | +0.0388% | 1h | 108.74 | +0.083% | $2.0M | $1.4M | 10x | as long as short |
| Paragon para:AAOIlong | +0.0411% | 1h | 108.65 | long leg | $229K | $720K | 10x | |
| edgeX AAOIUSDC | +0.0667% | 4h | 108.79 | +0.131% | $13K | $263K | 10x | as long as short |
Lighter AAOI
Popdex AAOIUSDT
QFEX AAOI-USD
KuCoin AAOIUSDTM
Orderly PERP_AAOI_USDC_mythos
Aevo AAOI-PERP
Bybit AAOIUSDT
OKX AAOI-USDT-SWAP
tradeXYZ xyz:AAOI
edgeX AAOIUSDC