Funding arb · Price arb /

AAOI

RWAall AAOI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0017%/8h= −1.8% APRpaid last 24h −0.006%

Price spread now: OKX against QFEX+0.153%7-day average +0.069% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

costs, in and out, $10k−$330.332% of the position

Long on QFEX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.199%+$20 on $10k

Price spread, last 7 days−0.104%−$10 · spread now +0.153%, 7d avg +0.069%

Together, before fees+0.095%+$10 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.084% dearer against QFEX than usual: you sell high and buy low (spread +0.153% now, against its 7-day average of +0.069%): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 17 days. Mind the row above: over the last 4 days funding on this pair paid +0.199%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX AAOI-USD	111.23	0.0017	pay 0.0002% / 1h	27m 37s	$1.1M	$2.3M	10x
Short	OKX AAOI-USDT-SWAP	111.40	0	get 0.0000% / 8h	5h 27m	$4.6M	$19.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against QFEX. 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 QFEXbpFee OKXbpOrdersPrice spread, now +0.153%Rate

Funding earned: −$3.54
Price spread: +0.153% → +0.069%: $8.41
Slippage, 4 orders: −$13.24
Fee QFEX: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$28.37
Costs to cover: 0.332%
Break-even: never at this rate

Slippage from QFEX: live order book, 5 min ago; OKX: live order book, 1 min ago.

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 QFEX live order book, 5 min ago	1.79 bp	6.8 bp −$7	12.5 bp −$125	doesn't fit	doesn't fit
Sell OKX live order book, 1 min ago	0.45 bp	7.9 bp −$8	28.4 bp −$284	doesn't fit	doesn't fit

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
BloFin AAOI-USDT	−0.0030%	8h	111.57	+0.306%	$256K	$63K	20x	as long as short
Aster AAOIUSDT	0.0000%	8h	111.30	+0.065%	$41K	$37K	20x	as long as short
Extended AAOI-USD	0.0000%	1h	111.24	+0.009%	$14K	$211K	10x	as long as short
Binance AAOIUSDT	0.0000%	8h	111.32	+0.079%	$15.1M	$41.7M	20x	as long as short
Bybit AAOIUSDT	0.0000%	8h	111.33	+0.090%	$1.8M	$2.6M	25x	as long as short
OKX AAOI-USDT-SWAPshort	0.0000%	8h	111.40	+0.153%	$4.6M	$19.1M	20x
Gate AAOI_USDT	0.0000%	8h	111.36	+0.117%	$4.0M	$13.4M	50x	as long as short
Bitget AAOIUSDT	0.0000%	8h	111.28	+0.045%	$2.7M	$3.0M	20x	as long as short
Variational Omni AAOI	0.0000%	8h	111.48	+0.227%	$153K	$131K	—	as long as short
GRVT AAOI_USDT_Perp	0.0000%	8h	111.47	+0.216%	$671	$102K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX AAOI-USDT	0.0000%	8h	111.46	+0.207%	$1K	$1.2M	10x	as long as short
HTX AAOI-USDT	0.0000%	8h	111.53	+0.270%	$24K	$41K	20x	as long as short
QFEX AAOI-USDlong	+0.0017%	1h	111.23	long leg	$1.1M	$2.3M	10x
Lighter AAOI	+0.0032%	1h	111.36	+0.117%	—	—	10x	as long as short
Popdex AAOIUSDT	+0.0048%	1h	111.26	+0.027%	$1K	$109K	20x	as long as short
KuCoin AAOIUSDTM	+0.0100%	8h	111.35	+0.108%	$467K	$171K	20x	as long as short
Orderly PERP_AAOI_USDC_mythos	+0.0100%	8h	111.37	+0.126%	$2K	$13K	10x	as long as short
Aevo AAOI-PERP	+0.0104%	1h	111.37	+0.126%	—	—	10x	as long as short
tradeXYZ xyz:AAOI	+0.0223%	1h	111.33	+0.090%	$2.0M	$1.4M	10x	as long as short
Paragon para:AAOI	+0.0257%	1h	111.41	+0.162%	$239K	$712K	10x	as long as short
edgeX AAOIUSDC	+0.0484%	4h	111.40	+0.155%	$13K	$264K	10x	as long as short