Settings8H · net · $10k
Funding arb · Price arb /

AAOI

RWAall AAOI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0262%/8h= +28.7% APRpaid last 24h +0.039%
Price spread now: tradeXYZ against Binance−0.027%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$550.546% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.083%+$8 on $10k
Price spread, last 2 days (all we have)−0.058%−$6 · spread now −0.027%, 7d avg −0.033%
Together, before fees+0.025%+ Points / potential airdroptradeXYZ: Active · farm board+$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.033%, so right now this pair is about funding alone: +$8 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 0.083% in total (about 4.3% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance AAOIUSDT110.590get 0.0000% / 8h6h 34m$15.0M$42.9M20x
ShorttradeXYZ xyz:AAOI110.560.0262get 0.0033% / 1h34m 22s$2.0M$1.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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

Funding earned
$55.03
Price spread: −0.027% → −0.033%
$0.58
Slippage, 4 orders
−$26.56
Fee Binance: 5 bp × 2 orders
−$10
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
$1.06
Costs to cover
0.546%
Break-even
6.9 days
Slippage from Binance: live order book, 8 min ago; tradeXYZ: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 8 min ago0.45 bp10.0 bp −$1036.5 bp −$365108.7 bp −$10.9Kdoesn't fit
Sell tradeXYZ live order book, 2 min ago2.26 bp15.4 bp −$15doesn't fitdoesn't fitdoesn't fit

AAOI on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster AAOIUSDT0.0000%8h110.54−0.048%$41K$37K20xas long as short
Extended AAOI-USD0.0000%1h110.56−0.026%$18K$205K10xas long as short
Binance AAOIUSDTlong0.0000%8h110.59long leg$15.0M$42.9M20x
Bybit AAOIUSDT0.0000%8h110.66+0.063%$1.8M$2.6M25xas long as short
OKX AAOI-USDT-SWAP0.0000%8h110.65+0.054%$4.4M$19.2M20xas long as short
Gate AAOI_USDT0.0000%8h110.61+0.018%$4.0M$14.4M50xas long as short
Bitget AAOIUSDT0.0000%8h110.58−0.009%$2.7M$3.1M20xas long as short
Variational Omni AAOI0.0000%8h110.57−0.020%$152K$132Kas long as short
GRVT AAOI_USDT_Perp0.0000%8h110.47−0.109%$1K$101K10xas long as short
SunX AAOI-USDT0.0000%8h110.60+0.009%$897$1.2M10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX AAOI-USDT0.0000%8h110.66+0.063%$24K$40K20xas long as short
BloFin AAOI-USDT+0.0014%8h111.12+0.479%$250K$62K20xas long as short
QFEX AAOI-USD+0.0015%1h110.55−0.036%$1.1M$2.5M10xas long as short
Lighter AAOI+0.0032%1h110.590.000%10xas long as short
Popdex AAOIUSDT+0.0048%1h110.57−0.018%$903$109K20xas long as short
KuCoin AAOIUSDTM+0.0100%8h110.590.000%$463K$163K20xas long as short
Orderly PERP_AAOI_USDC_mythos+0.0100%8h110.57−0.018%$2K$14K10xas long as short
Aevo AAOI-PERP+0.0104%1h110.56−0.026%10xas long as short
tradeXYZ xyz:AAOIshort+0.0262%1h110.56−0.027%$2.0M$1.4M10x
edgeX AAOIUSDC+0.0294%4h110.52−0.065%$13K$262K10xas long as short
Paragon para:AAOI+0.0432%1h110.62+0.027%$239K$716K10xas long as short