Funding arb · Price arb /

AAOI

RWAall AAOI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0305%/8h= +33.4% APRpaid last 24h +0.105%

Price spread now: Paragon against HTX−0.185%7-day average — · you buy dearer than you sell

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

Long on HTX Short on Paragon

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—needs both histories

Funding pays, the price is against you. Paragon is 0.185% cheaper against HTX than usual: you would sell low and buy high (spread −0.185% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$19 on $10k: about 2.0 days of funding at the current rate (+$9 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX AAOI-USDT	108.06	0	get 0.0000% / 8h	1h 26m	$24K	$47K	20x
Short	Paragon para:AAOI	107.86	0.0305	get 0.0038% / 1h	26m 57s	$226K	$721K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paragon against HTX. 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 HTXbpFee ParagonbpOrdersPrice spread, now −0.185%Rate

Funding earned: $64.05
Price spread: −0.185% → 0.000%: −$18.51
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Paragon: 5 bp × 2 orders: −$10
Net: $23.54
Costs to cover: 0.220%
Break-even: 4.4 days

Slippage unknown: HTX: no order-book sample; Paragon: live order book, 39 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 HTX no order-book sample	—	—	—	—	—
Sell Paragon live order book, 39 min ago	2.30 bp	23.4 bp −$23	116.8 bp −$1,168	doesn't fit	doesn't fit

HTX: 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
Bitget AAOIUSDT	−0.1521%	8h	107.99	−0.065%	$3.0M	$3.7M	20x	as long as short
Aster AAOIUSDT	0.0000%	8h	108.27	+0.191%	$40K	$37K	20x	as long as short
Gate AAOI_USDT	0.0000%	8h	107.97	−0.083%	$3.7M	$13.1M	50x	as long as short
Variational Omni AAOI	0.0000%	8h	107.70	−0.337%	$148K	$127K	—	as long as short
SunX AAOI-USDT	0.0000%	8h	108.01	−0.046%	$948	$1.2M	10x	as long as short
HTX AAOI-USDTlong	0.0000%	8h	108.06	long leg	$24K	$47K	20x
GRVT AAOI_USDT_Perp	+0.0015%	8h	107.68	−0.352%	$884	$114K	10x	as long as short
Extended AAOI-USD	+0.0016%	1h	107.84	−0.200%	$15K	$226K	10x	as long as short
Binance AAOIUSDT	+0.0017%	8h	107.87	−0.176%	$14.7M	$44.9M	20x	as long as short
BloFin AAOI-USDT	+0.0018%	8h	107.99	−0.065%	$279K	$64K	20x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter AAOI	+0.0032%	1h	107.91	−0.139%	—	—	10x	as long as short
QFEX AAOI-USD	+0.0041%	1h	107.96	−0.093%	$1.1M	$1.8M	10x	as long as short
Popdex AAOIUSDT	+0.0048%	1h	107.95	−0.102%	$605	$110K	20x	as long as short
Bybit AAOIUSDT	+0.0049%	8h	107.88	−0.167%	$1.7M	$2.8M	25x	as long as short
KuCoin AAOIUSDTM	+0.0100%	8h	107.85	−0.194%	$453K	$202K	20x	as long as short
Orderly PERP_AAOI_USDC_mythos	+0.0100%	8h	107.96	−0.093%	$1K	$13K	10x	as long as short
Aevo AAOI-PERP	+0.0104%	1h	107.93	−0.121%	—	—	10x	as long as short
edgeX AAOIUSDC	+0.0253%	4h	107.91	−0.138%	$13K	$263K	10x	as long as short
tradeXYZ xyz:AAOI	+0.0282%	1h	107.82	−0.222%	$1.9M	$1.5M	10x	as long as short
Paragon para:AAOIshort	+0.0305%	1h	107.86	−0.185%	$226K	$721K	10x
OKX AAOI-USDT-SWAP	+0.0430%	8h	107.91	−0.139%	$5.0M	$20.4M	20x	as long as short