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

AAOI

RWAall AAOI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0052%/8h= −5.7% APRpaid last 24h −0.016%
Price spread now: Popdex against KuCoin−0.028%7-day average +0.049% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$962as in the Price arb table
costs, in and out, $10k−$9559.546% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.024%−$2 on $10k
Price spread, last 4 days (all we have)+0.026%+$3 · spread now −0.028%, 7d avg +0.049%
Together, before fees+0.002%$0 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Popdex is 0.077% cheaper against KuCoin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.049%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin AAOIUSDTM107.650.0100pay 0.0100% / 8h1h 38m$452K$201K20x
ShortPopdex AAOIUSDT107.620.0048get 0.0006% / 1h38m 39s$198$109K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Popdex against KuCoin. 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
−$10.92
Price spread: −0.028% → +0.049%
−$7.66
Slippage, 4 orders
−$936.21
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
−$973.2
Costs to cover
9.546%
Break-even
never at this rate
Slippage from KuCoin: live order book, 5 min ago; Popdex: live order book, 5 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 KuCoin live order book, 5 min ago7.89 bp413.1 bp −$413doesn't fitdoesn't fitdoesn't fit
Sell Popdex live order book, 5 min ago3.71 bp26.5 bp −$27doesn'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
Bitget AAOIUSDT−0.1454%8h107.73+0.074%$3.0M$3.7M20xas long as short
Aster AAOIUSDT0.0000%8h108.04+0.363%$40K$37K20xas long as short
Gate AAOI_USDT0.0000%8h107.68+0.028%$3.7M$13.1M50xas long as short
Variational Omni AAOI0.0000%8h107.78+0.122%$148K$127Kas long as short
SunX AAOI-USDT0.0000%8h107.74+0.084%$1K$1.2M10xas long as short
HTX AAOI-USDT0.0000%8h107.79+0.130%$24K$47K20xas long as short
Extended AAOI-USD+0.0008%1h107.58−0.062%$15K$232K10xas long as short
Binance AAOIUSDT+0.0011%8h107.64−0.009%$14.7M$44.7M20xas long as short
GRVT AAOI_USDT_Perp+0.0018%8h107.88+0.214%$902$115K10xas long as short
Lighter AAOI+0.0032%1h107.64−0.009%10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin AAOI-USDT+0.0036%8h107.76+0.102%$277K$64K20xas long as short
QFEX AAOI-USD+0.0041%1h107.59−0.056%$1.1M$1.9M10xas long as short
Bybit AAOIUSDT+0.0045%8h107.650.000%$1.7M$2.8M25xas long as short
Popdex AAOIUSDTshort+0.0048%1h107.62−0.028%$198$109K20x
KuCoin AAOIUSDTMlong+0.0100%8h107.65long leg$452K$201K20x
Orderly PERP_AAOI_USDC_mythos+0.0100%8h107.650.000%$1K$13K10xas long as short
edgeX AAOIUSDC+0.0103%4h107.79+0.127%$13K$263K10xas long as short
Aevo AAOI-PERP+0.0104%1h107.66+0.012%10xas long as short
Paragon para:AAOI+0.0247%1h107.65+0.001%$226K$720K10xas long as short
tradeXYZ xyz:AAOI+0.0318%1h107.64−0.009%$2.0M$1.4M10xas long as short
OKX AAOI-USDT-SWAP+0.0426%8h107.71+0.056%$4.9M$20.4M20xas long as short