Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 46.290 | −0.0015 | get 0.0002% / 1h | 50m 59s | $804K | $1.0M | 10x | Long QFEX37% off | |
| SHORT | 46.560 | +0.0203 | get 0.0203% / 8h | 7h 50m | $1.1M | $3.5M | 50x | Short MEXC |
Price gap+0.583%48s
Funding gap+0.0218% /8h
Both sides work: funding pays +$7 a day on $10k, and the gap is 0.452% above its 7d average: +$45 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$18+0.0218% /8h now · paid +0.180% over the last 7D
Price—spread +0.583%48s now · prices read too far apart to compare
Costs−$490.493% of $10k · taker + slippage, in and out
Result—no pointsneeds both prices read together
Price and funding
1h · historyEntry / 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+0.583%
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
/8hAAOI on 25 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Thin at this size18.6 / 4.7 bpAt $10k entering QFEX costs 18.6 bp, fee and slippage, 4.0× MEXC’s.
- Note: Margin at max leverage$1,000 + $200QFEX 10x, MEXC 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$6.55Long QFEX: 24 payments, +$0.46; short MEXC: 3 payments, +$6.09.
- Watch: Prices read 48 s apart+0.583% vs +0.131%Part of this gap may be the market moving.
- Watch: Long leg is thinner$804K vs $1.1M OIQFEX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCQFEX No · MEXC YesKYC before trading since Feb 2026; unverified accounts see market data only.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0086%/8h × 21 periods+$18.03
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$25.33
Fee QFEX bp × 2 orders−$20.00
Fee MEXC bp × 2 orders−$4.00
Net · 7 days · $10k−$31.30
price spread not counted: prices read too far apartCosts to cover0.493%Break-even19.2 days
Slippage: QFEX: live order book, 2 min ago; MEXC: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX8.6518.6 bp−$1923.7 bp−$237doesn’t fitdoesn’t fit
SELL · SHORTMEXC1.074.7 bp−$58.9 bp−$8930.9 bp−$3,094228.3 bp−$114.2K
Closing costs about the same again.
AAOI news
posts that mention AAOI or Applied Optoelectronics, from every exchange| 11-03 13:08 | Deribit | Listing | 🚨 New Equity Perpetuals are coming to Deribit Launching Monday, November 9, 2026, at 10:00 AM UTC. 4 new USDC-settled perpetual contracts will be available on Deribit. BMNR • WDC • RKLB • AAOI Contract details: 🔹 Settlement: USDC 🔹 Contract details and specifications: @DeribitOfficial on X ↗ |
| 10-29 16:06 | Paragon | Other | $STX leads Paragon's 24h movers at +5.66%, with $SOFI up 4.40% and $AAOI up 3.94% close behind. $COHR rounds out the top four at +2.89%. @tradeparagon on X ↗ |
| 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 ↗ |
Deribit
Paragon
TxFlow