AAOI

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	TxFlowAAOI-USDC	67.130	+0.0100	pay 0.0013% / 1h	53m 20s	$10K	$141K	20x	Long TxFlow5% off
SHORT	Variational OmniAAOI	66.886	+0.0114	get 0.0114% / 8h	1h 53m	$240K	$303K	20x	Short Variational Omni+15% pts

Price gap−0.363%

Funding gap+0.0014% /8h

Funding pays $0 a day on $10k, but the gap is 0.376% under its 7d average: −$38 if it goes back, about 3 months of funding.

If you open now and hold

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

Funding−$21+0.0014% /8h now · paid −0.209% over the last 7D

Price−$38spread −0.363% now, avg +0.014% → −0.376% if it goes back

Costs−$790.794% of $10k · taker + slippage, in and out

Result−$138−1.38%+ Points / potential airdropTxFlow: points · Variational 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−0.363%

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 size11.5 / 22.5 bp
At $10k entering Variational Omni costs 22.5 bp, fee and slippage, 2.0× TxFlow’s.
Note: Margin at max leverage$500 + $500
TxFlow 20x, Variational Omni 20x. 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: +$0.41Long TxFlow: 24 payments, −$3.00; short Variational Omni: 3 payments, +$3.41.
Watch: Gap narrower than usual−0.363% vs +0.014%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Long leg is thinner$10K vs $240K OI
TxFlow sets your exit cost. Check its book before closing.
OK: Points on a legTxFlow points · Variational Omni points
Volume here counts toward the points program.
OK: No KYC on either legTxFlow No · Variational Omni 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−0.0100%/8h × 21 periods−$20.94

Price spread−0.363% → +0.014% (7d avg)−$37.65

Slippage, 4 orderslive order books−$70.36

Fee TxFlow bp × 2 orders−$9.00

Fee Variational Omni bp × 2 orders$0.00

Net · 7 days · $10k−$137.96

Costs to cover0.794%Break-evennever at this rate

Slippage: TxFlow: live order book, 49 min ago; Variational Omni: RFQ quote, 55 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGTxFlow2.1811.5 bp−$1228.7 bp−$287doesn’t fitdoesn’t fit

SELL · SHORTVariational Omni3.8522.5 bp−$2340.4 bp−$404doesn’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 ↗