Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Funding arb · Price arb / RWA

AAOI

RWAAll AAOI markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
BingXNCSKAAOI2USD-USDT
99.480+0.0154pay 0.0154% / 8h3h 00m$921K$1.9M—Long BingX
SHORT
GRVTAAOI_USDT_Perp
99.36000.0000% / 8h3h 00m$581$113K10xShort GRVT
Price gap−0.121%93s
Funding gap−0.0154% /8h

Both sides work against this direction now: funding costs $5 a day on $10k and the gap is 0.125% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$31−0.0154% /8h now · paid −0.307% over the last 7D
Price—spread −0.121%93s now · prices read too far apart to compare
Costs−$630.633% of $10k · taker + slippage, in and out
Result—+ Points / potential airdropGRVT: points · farm boardneeds both prices read together

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.121%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

AAOI on 21 exchanges

lowest funding first

Before you open

2 ok · 4 to watch
  • Watch: Thin at this size6.6 / 20.0 bp
    At $10k entering GRVT costs 20.0 bp, fee and slippage, 3.0× BingX’s.
  • Note: Margin at max leverage— + $1,000
    BingX —, GRVT 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval8h / 8h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: −$4.62Long BingX: 3 payments, −$4.62; short GRVT: 3 payments, $0.00.
  • Watch: Prices read 93 s apart−0.121% vs +0.004%
    Part of this gap may be the market moving.
  • Watch: Short leg is thinner$581 vs $921K OI
    GRVT sets your exit cost. Check its book before closing.
  • OK: Points on a legGRVT points
    Volume here counts toward the points program.
  • Watch: KYCBingX Yes · GRVT No
    Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0146%/8h × 21 periods−$30.71
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$44.31
Fee BingX bp × 2 orders−$10.00
Fee GRVT bp × 2 orders−$9.00
Net · 7 days · $10k−$94.02
price spread not counted: prices read too far apart
Costs to cover0.633%Break-evennever at this rate
Slippage: BingX: live order book, 4 min ago; GRVT: live order book, 43 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBingX0.506.6 bp−$712.4 bp−$12432.9 bp−$3,288151.0 bp−$75.5K
SELL · SHORTGRVT4.0220.0 bp−$2046.8 bp−$468doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

AAOI news

posts that mention AAOI or Applied Optoelectronics, from every exchangeSearch all news →
09-18 12:57ParagonListingCiena ($CIEN), IREN ($IREN) and Applied Optoelectronics ($AAOI) sit on different layers of the same AI build: line systems, cloud capacity, and optical transceivers. All three are live as perpetuals, 24/7 on Hyperliquid. Up to 10x. @tradeparagon on X ↗