Funding you earn now, next payment 04:00 UTC+0.0359%/8h= +39.3% APRnext payment +$0.45 per $10,000 · paid last 24h −0.066%
Price spread now: tradeXYZ against Paragon+0.081%7-day average −0.023% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.065%+$7 on $10k
+Price spread, last 4 days (all we have)−0.071%−$7 · spread now +0.081%, 7d avg −0.023%
=Together, before fees−0.006%+ Points / potential airdroptradeXYZ: Active · farm board−$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and tradeXYZ is 0.104% dearer against Paragon than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.023%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.065% in total (about 3.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.45 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 | 111.72 | −0.0168 | get 0.0021% / 1h | 59m 07s | $239K | $716K | 10x |
| Short | tradeXYZ xyz:AAOI | 111.81 | 0.0191 | get 0.0024% / 1h | 59m 07s | $2.0M | $1.4M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $75.45
- Price spread: +0.081% → −0.023%
- $10.37
- Slippage, 4 orders
- no order book: not counted
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $57.82
- Costs to cover
- 0.280%
- Break-even
- 1.6 days
Slippage unknown: Paragon: live order book, 37 min ago; tradeXYZ: live order book, 9 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, 37 min ago | 3.14 bp | 36.4 bp −$36 | 130.5 bp −$1,305 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 9 min ago | 1.34 bp | 16.4 bp −$16 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:AAOIlong | −0.0168% | 1h | 111.72 | long leg | $239K | $716K | 10x | |
| BloFin AAOI-USDT | −0.0004% | 8h | 111.85 | +0.116% | $259K | $63K | 20x | as long as short |
| Aster AAOIUSDT | 0.0000% | 8h | 111.79 | +0.062% | $41K | $37K | 20x | as long as short |
| Extended AAOI-USD | 0.0000% | 1h | 111.84 | +0.109% | $15K | $211K | 10x | as long as short |
| Binance AAOIUSDT | 0.0000% | 8h | 111.87 | +0.134% | $15.2M | $41.9M | 20x | as long as short |
| Gate AAOI_USDT | 0.0000% | 8h | 111.86 | +0.125% | $4.0M | $13.0M | 50x | as long as short |
| Bitget AAOIUSDT | 0.0000% | 8h | 111.87 | +0.134% | $2.8M | $3.0M | 20x | as long as short |
| Variational Omni AAOI | 0.0000% | 8h | 111.87 | +0.137% | $153K | $131K | — | as long as short |
| GRVT AAOI_USDT_Perp | 0.0000% | 8h | 111.87 | +0.134% | $614 | $102K | 10x | as long as short |
| SunX AAOI-USDT | 0.0000% | 8h | 111.86 | +0.125% | $1K | $1.2M | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX AAOI-USDT | 0.0000% | 8h | 111.82 | +0.090% | $24K | $42K | 20x | as long as short |
| OKX AAOI-USDT-SWAP | +0.0028% | 8h | 111.95 | +0.206% | $4.6M | $19.3M | 20x | as long as short |
| Lighter AAOI | +0.0032% | 1h | 111.81 | +0.081% | — | — | 10x | as long as short |
| Popdex AAOIUSDT | +0.0048% | 1h | 111.85 | +0.116% | $1K | $109K | 20x | as long as short |
| QFEX AAOI-USD | +0.0053% | 1h | 111.80 | +0.072% | $1.1M | $2.3M | 10x | as long as short |
| Bybit AAOIUSDT | +0.0062% | 8h | 111.90 | +0.161% | $1.8M | $2.6M | 25x | as long as short |
| KuCoin AAOIUSDTM | +0.0100% | 8h | 111.81 | +0.081% | $468K | $173K | 20x | as long as short |
| Orderly PERP_AAOI_USDC_mythos | +0.0100% | 8h | 111.82 | +0.090% | $2K | $13K | 10x | as long as short |
| Aevo AAOI-PERP | +0.0104% | 1h | 111.82 | +0.086% | — | — | 10x | as long as short |
| tradeXYZ xyz:AAOIshort | +0.0191% | 1h | 111.81 | +0.081% | $2.0M | $1.4M | 10x | |
| edgeX AAOIUSDC | +0.0760% | 4h | 111.86 | +0.129% | $13K | $265K | 10x | as long as short |
Paragon para:AAOI
tradeXYZ xyz:AAOI
BloFin AAOI-USDT
Aster AAOIUSDT
Extended AAOI-USD
Binance AAOIUSDT
Gate AAOI_USDT
Bitget AAOIUSDT
Variational Omni AAOI
GRVT AAOI_USDT_Perp
SunX AAOI-USDT
HTX AAOI-USDT
OKX AAOI-USDT-SWAP
Lighter AAOI
Popdex AAOIUSDT
Bybit AAOIUSDT
KuCoin AAOIUSDTM
edgeX AAOIUSDC