AAOI

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	MEXCAAOISTOCK_USDT	66.670	+0.0144	pay 0.0144% / 8h	3h 06m	$1.7M	$305K	50x	Long MEXC
SHORT	Variational OmniAAOI	66.354	0	0.0000% / 8h	3h 06m	$213K	$61K	20x	Short Variational Omni+15% pts

Price gap−0.474%

Funding gap−0.0144% /8h

Both sides work against this direction now: funding costs $4 a day on $10k and the gap is 0.382% 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−$20−0.0144% /8h now · paid −0.196% over the last 7D

Price−$38spread −0.474% now, avg −0.092% → −0.382% if it goes back

Costs−$660.660% of $10k · taker + slippage, in and out

Result−$124−1.24%+ Points / potential airdropVariational Omni: points · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.474%

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 · 4 to watch

Watch: Thin at this size4.3 / 21.4 bp
At $10k entering Variational Omni costs 21.4 bp, fee and slippage, 5.0× MEXC’s.
Note: Margin at max leverage$200 + $500
MEXC 50x, Variational Omni 20x. 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: −$4.32Long MEXC: 3 payments, −$4.32; short Variational Omni: 3 payments, $0.00.
Watch: Gap narrower than usual−0.474% vs −0.092%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Short leg is thinner$213K vs $1.7M OI
Variational Omni sets your exit cost. Check its book before closing.
OK: Points on a legVariational Omni points
Volume here counts toward the points program.
Watch: KYCMEXC Yes · Variational Omni No
KYC before trading since Feb 2026; unverified accounts see market data only.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0093%/8h × 21 periods−$19.59

Price spread−0.474% → −0.092% (7d avg)−$38.21

Slippage, 4 orderslive order books−$61.99

Fee MEXC bp × 2 orders−$4.00

Fee Variational Omni bp × 2 orders$0.00

Net · 7 days · $10k−$123.79

Costs to cover0.660%Break-evennever at this rate

Slippage: MEXC: live order book, 4 min ago; Variational Omni: RFQ quote, 62 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGMEXC1.504.3 bp−$47.8 bp−$7850.1 bp−$5,013244.7 bp−$122.4K

SELL · SHORTVariational Omni5.5021.4 bp−$2135.4 bp−$354doesn’t fitdoesn’t fit

Closing costs about the same again.

AAOI news

posts that mention AAOI or Applied Optoelectronics, from every exchangeSearch all news →

10-13 18:53	Paragon	Other	Jul 31 to Aug 14, $BTC was basically flat, while $AAOI ran +63%, $CRDO +26% and $COHR +25%. @tradeparagon on X ↗
10-12 12:27	TxFlow	Listing	new market AAOI-USDC ($AAOI) seen by our collector
09-18 12:57	Paragon	Listing	Ciena ($CIEN), IREN ($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 ↗