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
QFEXAAOI-USD
99.150+0.0044pay 0.0006% / 1h13m 17s$1.1M$1.1M10xLong QFEX
SHORT
BingXNCSKAAOI2USD-USDT
99.110+0.0174get 0.0174% / 8h2h 13m$921K$1.8M—Short BingX
Price gap−0.040%
Funding gap+0.0130% /8h

Funding pays +$4 a day on $10k, but the gap is 0.073% under its 7d average: −$7 if it goes back, about 45 hours of funding.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$43+0.0130% /8h now · paid +0.431% over the last 7D
Price−$7spread −0.040% now, avg +0.033% → −0.073% if it goes back
Costs−$450.446% of $10k · taker + slippage, in and out
Result−$9−0.09%no pointsWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · loading 5m…
PRICE SPREAD · 7D
Now−0.040%
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 22 exchanges

lowest funding first

Before you open

0 ok · 5 to watch
  • Watch: Thin at this size16.0 / 7.8 bp
    At $10k entering QFEX costs 16.0 bp, fee and slippage, 2.1× BingX’s.
  • Note: Margin at max leverage$1,000 + —
    QFEX 10x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ1h / 8h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: +$3.89Long QFEX: 24 payments, −$1.33; short BingX: 3 payments, +$5.22.
  • Watch: Gap narrower than usual−0.040% vs +0.033%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Short leg is thinner$921K vs $1.1M OI
    BingX sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCQFEX No · BingX Yes
    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+0.0205%/8h × 21 periods+$43.07
Price spread−0.040% → +0.033% (7d avg)−$7.32
Slippage, 4 orderslive order books−$14.56
Fee QFEX bp × 2 orders−$20.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$8.81
Costs to cover0.446%Break-even8.4 days
Slippage: QFEX: live order book, just now; BingX: live order book, 13 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGQFEX5.0516.0 bp−$1622.7 bp−$227doesn’t fitdoesn’t fit
SELL · SHORTBingX0.497.8 bp−$819.6 bp−$19688.9 bp−$8,889554.8 bp−$277.4K

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 ↗