AAOI

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	TxFlowAAOI-USDC	79.280	+0.0056	pay 0.0007% / 1h	13m 14s	$9K	$212K	20x	Long TxFlow5% off
SHORT	SunXAAOI-USDT	79.580	0	0.0000% / 8h	3h 13m	$1K	$776K	10x	Short SunX≤10% back

Price gap+0.378%

Funding gap−0.0056% /8h

The gap pays +$26 on $10k if it goes back to its 7d average, but funding costs $2 a day and eats that in about 16 days. At the last 7 days' pace that is about 7.1 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$26−0.0056% /8h now · paid −0.258% over the last 7D

Price+$26spread +0.378% now, avg +0.117% → +0.261% if it goes back

Costsdoesn’t fit$10k a leg is deeper than the books hold

Result, before costs$00.00%+ Points / potential airdropTxFlow: points · farm boardcosts unknown: book too thin at $10k · What 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+0.378%

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

3 ok · 3 to watch

Problem: Doesn’t fit the books—
$10k a leg is deeper than SunX’s order book right now.
Note: Margin at max leverage$500 + $1,000
TxFlow 20x, SunX 10x. 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: −$1.68Long TxFlow: 24 payments, −$1.68; short SunX: 3 payments, $0.00.
OK: Entry gap works for you+0.378% vs +0.117%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$1K vs $9K OI
SunX sets your exit cost. Check its book before closing.
OK: Points on a legTxFlow points
Volume here counts toward the points program.
OK: No KYC on either legTxFlow No · SunX No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0123%/8h × 21 periods−$25.77

Price spread+0.378% → +0.117% (7d avg)+$26.13

Slippage, 4 ordersdoesn’t fit the book at $10k—

Fee TxFlow bp × 2 orders−$9.00

Fee SunX bp × 2 orders−$8.00

Net · 7 days · $10k—

doesn’t fit the books at $10k

Costs to cover—Break-even—

Slippage: TxFlow: live order book, 21 min ago; SunX: live order book, 68 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGTxFlow3.1113.1 bp−$1331.1 bp−$311doesn’t fitdoesn’t fit

SELL · SHORTSunX484.05doesn’t fitdoesn’t fitdoesn’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 ↗