Funding arb · Price arb /

AAOI

RWAall AAOI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.004%

Price spread now: Gate against Binance+0.022%7-day average +0.043% · you sell dearer than you buy

Net, funding: paid 7d − costs−$60as in the Funding arb table

Net, price: spread back to 7d avg − costs−$54as in the Price arb table

costs, in and out, $10k−$520.524% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.078%−$8 on $10k

Price spread, last 2 days (all we have)+0.030%+$3 · spread now +0.022%, 7d avg +0.043%

Together, before fees−0.048%−$5 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.021% cheaper against Binance than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.043%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance AAOIUSDT	110.83	0	get 0.0000% / 8h	6h 02m	$15.0M	$41.7M	20x
Short	Gate AAOI_USDT	110.85	0	get 0.0000% / 8h	6h 02m	$4.0M	$14.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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 BinancebpFee GatebpOrdersPrice spread, now +0.022%Rate

Funding earned: $0
Price spread: +0.022% → +0.043%: −$2.09
Slippage, 4 orders: −$27.36
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$54.44
Costs to cover: 0.524%
Break-even: never at this rate

Slippage from Binance: live order book, 10 min ago; Gate: live order book, 1 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 Binance live order book, 10 min ago	0.90 bp	7.1 bp −$7	33.1 bp −$331	90.7 bp −$9,068	doesn't fit
Sell Gate live order book, 1 min ago	5.41 bp	17.6 bp −$18	48.9 bp −$489	80.6 bp −$8,057	doesn't fit

AAOI on 20 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
Aster AAOIUSDT	0.0000%	8h	110.66	−0.149%	$41K	$37K	20x	as long as short
Extended AAOI-USD	0.0000%	1h	110.81	−0.011%	$14K	$207K	10x	as long as short
Binance AAOIUSDTlong	0.0000%	8h	110.83	long leg	$15.0M	$41.7M	20x
Bybit AAOIUSDT	0.0000%	8h	110.85	+0.022%	$1.8M	$2.6M	25x	as long as short
OKX AAOI-USDT-SWAP	0.0000%	8h	110.96	+0.121%	$4.4M	$18.9M	20x	as long as short
Gate AAOI_USDTshort	0.0000%	8h	110.85	+0.022%	$4.0M	$14.6M	50x
Bitget AAOIUSDT	0.0000%	8h	110.89	+0.058%	$2.8M	$3.0M	20x	as long as short
Variational Omni AAOI	0.0000%	8h	110.77	−0.054%	$152K	$131K	—	as long as short
GRVT AAOI_USDT_Perp	0.0000%	8h	110.76	−0.059%	$778	$103K	10x	as long as short
SunX AAOI-USDT	0.0000%	8h	110.87	+0.040%	$1K	$1.2M	10x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX AAOI-USDT	0.0000%	8h	110.68	−0.131%	$24K	$41K	20x	as long as short
QFEX AAOI-USD	+0.0015%	1h	110.74	−0.077%	$1.1M	$2.3M	10x	as long as short
Lighter AAOI	+0.0032%	1h	110.67	−0.140%	—	—	10x	as long as short
Popdex AAOIUSDT	+0.0048%	1h	110.79	−0.032%	$860	$109K	20x	as long as short
KuCoin AAOIUSDTM	+0.0100%	8h	110.75	−0.068%	$463K	$163K	20x	as long as short
Orderly PERP_AAOI_USDC_mythos	+0.0100%	8h	110.79	−0.032%	$2K	$13K	10x	as long as short
Aevo AAOI-PERP	+0.0104%	1h	110.78	−0.042%	—	—	10x	as long as short
edgeX AAOIUSDC	+0.0158%	4h	110.69	−0.119%	$13K	$263K	10x	as long as short
tradeXYZ xyz:AAOI	+0.0223%	1h	110.86	+0.031%	$2.0M	$1.4M	10x	as long as short
Paragon para:AAOI	+0.0360%	1h	110.71	−0.104%	$238K	$713K	10x	as long as short