Funding you earn now, next payment 03:00 UTC−0.0253%/8h= −27.7% APRnext payment −$0.32 per $10,000 · paid last 24h −0.105%
Price spread now: QFEX against Paragon−0.063%7-day average 0.000% · 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)−0.088%−$9 on $10k
+Price spread, last 4 days (all we have)+0.280%+$28 · spread now −0.063%, 7d avg 0.000%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and QFEX is 0.063% cheaper against Paragon than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of 0.000%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.088% in total (about -9.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.32 per $10,000. 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 | 111.25 | 0.0270 | pay 0.0034% / 1h | 23m 54s | $238K | $712K | 10x |
| Short | QFEX AAOI-USD | 111.18 | 0.0017 | get 0.0002% / 1h | 23m 54s | $1.1M | $2.3M | 10x |
Paragon para:AAOI
QFEX AAOI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$53.13
- Price spread: −0.063% → 0.000%
- −$6.31
- Slippage, 4 orders
- no order book: not counted
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$79.44
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Paragon: live order book, 12 min ago; QFEX: live order book, 3 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, 12 min ago | 3.14 bp | 36.4 bp −$36 | 130.5 bp −$1,305 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 3 min ago | 1.35 bp | 10.7 bp −$11 | 14.1 bp −$141 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin AAOI-USDT | −0.0028% | 8h | 111.19 | −0.054% | $212K | $62K | 20x | as long as short |
| Aster AAOIUSDT | 0.0000% | 8h | 111.27 | +0.015% | $41K | $37K | 20x | as long as short |
| Extended AAOI-USD | 0.0000% | 1h | 111.31 | +0.050% | $14K | $211K | 10x | as long as short |
| Binance AAOIUSDT | 0.0000% | 8h | 111.35 | +0.086% | $15.1M | $41.8M | 20x | as long as short |
| Bybit AAOIUSDT | 0.0000% | 8h | 111.39 | +0.126% | $1.8M | $2.6M | 25x | as long as short |
| OKX AAOI-USDT-SWAP | 0.0000% | 8h | 111.51 | +0.234% | $4.6M | $19.1M | 20x | as long as short |
| Gate AAOI_USDT | 0.0000% | 8h | 111.39 | +0.126% | $4.0M | $13.4M | 50x | as long as short |
| Bitget AAOIUSDT | 0.0000% | 8h | 111.38 | +0.117% | $2.7M | $3.0M | 20x | as long as short |
| Variational Omni AAOI | 0.0000% | 8h | 111.24 | −0.007% | $153K | $131K | — | as long as short |
| GRVT AAOI_USDT_Perp | 0.0000% | 8h | 111.28 | +0.031% | $664 | $102K | 10x | as long as short |
BloFin AAOI-USDT
Aster AAOIUSDT
Extended AAOI-USD
Binance AAOIUSDT
Bybit AAOIUSDT
OKX AAOI-USDT-SWAP
Gate AAOI_USDT
Bitget AAOIUSDT
Variational Omni AAOI
GRVT AAOI_USDT_PerpShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX AAOI-USDT | 0.0000% | 8h | 111.22 | −0.027% | $1K | $1.2M | 10x | as long as short |
| HTX AAOI-USDT | 0.0000% | 8h | 111.24 | −0.009% | $24K | $42K | 20x | as long as short |
| QFEX AAOI-USDshort | +0.0017% | 1h | 111.18 | −0.063% | $1.1M | $2.3M | 10x | |
| Lighter AAOI | +0.0032% | 1h | 111.24 | −0.009% | — | — | 10x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 111.26 | +0.009% | $1K | $109K | 20x | as long as short |
| KuCoin AAOIUSDTM | +0.0100% | 8h | 111.30 | +0.045% | $466K | $170K | 20x | as long as short |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 111.25 | 0.000% | $2K | $13K | 10x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 111.24 | −0.008% | — | — | 10x | as long as short |
| tradeXYZ xyz:AAOI | +0.0233% | 1h | 111.40 | +0.135% | $2.0M | $1.4M | 10x | as long as short |
| Paragon para:AAOIlong | +0.0270% | 1h | 111.25 | long leg | $238K | $712K | 10x | |
| edgeX AAOIUSDC | +0.0515% | 4h | 111.27 | +0.022% | $13K | $262K | 10x | as long as short |
SunX AAOI-USDT
HTX AAOI-USDT
Lighter AAOI
Popdex AAOIUSDT
KuCoin AAOIUSDTM
Orderly PERP_AAOI_USDC_mythos
Aevo AAOI-PERP
tradeXYZ xyz:AAOI
edgeX AAOIUSDC