Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
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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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG68.140+0.2948pay 0.2948% / 8h5h 29m$921K$1.7M—Long BingX
SHORT68.032+0.0371get 0.0046% / 1h29m 15s$5.4M$301K10xShort tradeXYZ
Price gap−0.158%
Funding gap−0.2577% /8h

Funding costs $77 a day on $10k at the current rate. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$50−0.2577% /8h now · paid −0.495% over the last 7D
Price−$1spread −0.158% now, avg −0.144% → −0.015% if it goes back
Costs−$310.313% of $10k · taker + slippage, in and out
Result−$82−0.82%+ Points / potential airdroptradeXYZ: points · farm boardWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.495% in total, about −0.0236%/8h on average.

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−0.158%
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 25 exchanges

lowest funding first

Before you open

2 ok · 3 to watch
  • OK: Fits both order books7.0 / 8.8 bp
    Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
  • Note: Margin at max leverage— + $1,000
    BingX —, tradeXYZ 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ8h / 1h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$77.31Long BingX: 3 payments, −$88.44; short tradeXYZ: 24 payments, +$11.13.
  • Note: Gap at its usual level−0.158% vs −0.144%
    The price leg adds little either way.
  • Watch: Long leg is thinner$921K vs $5.4M OI
    BingX sets your exit cost. Check its book before closing.
  • OK: Points on a legtradeXYZ points
    Volume here counts toward the points program.
  • Watch: KYCBingX Yes · tradeXYZ 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−0.0236%/8h × 21 periods−$49.53
Price spread−0.158% → −0.144% (7d avg)−$1.49
Slippage, 4 orderslive order books−$19.47
Fee BingX bp × 2 orders−$10.00
Fee tradeXYZ bp × 2 orders−$1.80
Net · 7 days · $10k−$82.29
Costs to cover0.313%Break-evennever at this rate
Slippage: BingX: live order book, 7 min ago; tradeXYZ: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBingX0.737.0 bp−$712.6 bp−$12652.6 bp−$5,264476.2 bp−$238.1K
SELL · SHORTtradeXYZ1.698.8 bp−$960.8 bp−$608doesn’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 →
10-13 18:53ParagonOtherJul 31 to Aug 14, $BTC was basically flat, while $AAOI ran +63%, $CRDO +26% and $COHR +25%. @tradeparagon on X ↗
10-12 12:27TxFlowListingnew market AAOI-USDC ($AAOI) seen by our collector
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 ↗