Funding arb · Price arb /

AAOI

RWAall AAOI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h —

Price spread now: Bybit against Aevo+0.064%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aevo Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Bybit is 0.064% dearer against Aevo than usual: you sell high and buy low (spread +0.064% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo AAOI-PERP	111.52	0.0104	pay 0.0013% / 1h	25m 01s	—	—	10x
Short	Bybit AAOIUSDT	111.59	0	get 0.0000% / 8h	25m 01s	$1.8M	$2.8M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Aevo. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee AevobpFee BybitbpOrdersPrice spread, now +0.064%Rate

Funding earned: −$21.84
Price spread: +0.064% → 0.000%: $6.38
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$42.46
Costs to cover: 0.270%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Bybit: live order book, 2 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 Aevo no order-book sample	—	—	—	—	—
Sell Bybit live order book, 2 min ago	1.79 bp	11.5 bp −$11	93.0 bp −$930	doesn't fit	doesn't fit

Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
QFEX AAOI-USD	−0.0011%	1h	111.50	−0.017%	$1.1M	$2.6M	10x	as long as short
Aster AAOIUSDT	0.0000%	8h	111.48	−0.036%	$41K	$37K	20x	as long as short
Extended AAOI-USD	0.0000%	1h	111.50	−0.017%	$17K	$209K	10x	as long as short
Binance AAOIUSDT	0.0000%	8h	111.51	−0.008%	$15.3M	$43.6M	20x	as long as short
Bybit AAOIUSDTshort	0.0000%	8h	111.59	+0.064%	$1.8M	$2.8M	25x
OKX AAOI-USDT-SWAP	0.0000%	8h	111.59	+0.064%	$4.3M	$19.3M	20x	as long as short
Gate AAOI_USDT	0.0000%	8h	111.58	+0.055%	$4.2M	$30.7M	50x	as long as short
Bitget AAOIUSDT	0.0000%	8h	111.57	+0.046%	$2.8M	$3.2M	20x	as long as short
Variational Omni AAOI	0.0000%	8h	111.51	−0.006%	$153K	$167K	—	as long as short
GRVT AAOI_USDT_Perp	0.0000%	8h	111.54	+0.016%	$647	$108K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX AAOI-USDT	0.0000%	8h	111.51	−0.008%	$1K	$1.3M	10x	as long as short
HTX AAOI-USDT	0.0000%	8h	111.66	+0.127%	$24K	$38K	20x	as long as short
BloFin AAOI-USDT	+0.0012%	8h	111.48	−0.035%	$244K	$68K	20x	as long as short
Lighter AAOI	+0.0032%	1h	111.52	+0.001%	—	—	10x	as long as short
Popdex AAOIUSDT	+0.0048%	1h	111.56	+0.037%	$1K	$110K	20x	as long as short
tradeXYZ xyz:AAOI	+0.0050%	1h	111.53	+0.010%	$2.0M	$1.4M	10x	as long as short
Paragon para:AAOI	+0.0060%	1h	111.61	+0.079%	$278K	$697K	10x	as long as short
KuCoin AAOIUSDTM	+0.0100%	8h	111.54	+0.019%	$467K	$188K	20x	as long as short
Orderly PERP_AAOI_USDC_mythos	+0.0100%	8h	111.50	−0.017%	$2K	$13K	10x	as long as short
Aevo AAOI-PERPlong	+0.0104%	1h	111.52	long leg	—	—	10x
edgeX AAOIUSDC	+0.0835%	4h	111.58	+0.058%	$13K	$262K	10x	as long as short