Funding arb · Price arb /

AAOI

RWAall AAOI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0024%/8h= +2.7% APRpaid last 24h —

Price spread now: Aevo against Variational Omni−0.041%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding pays, the price is against you. Aevo is 0.041% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.041% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 5.6 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni AAOI	108.91	0.0080	pay 0.0080% / 8h	5h 28m	$117K	$156K	—
Short	Aevo AAOI-PERP	108.87	0.0104	get 0.0013% / 1h	28m 15s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Variational Omni. 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 Variational OmnibpFee AevobpOrdersPrice spread, now −0.041%Rate

Funding earned: $5.11
Price spread: −0.041% → 0.000%: −$4.08
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$14.97
Costs to cover: 0.160%
Break-even: 27.5 days

Slippage unknown: Variational Omni: RFQ quote, 19 min ago; Aevo: no order-book sample. Net counts fees only.

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 Variational Omni RFQ quote, 19 min ago	3.35 bp	doesn't fit	85.2 bp −$852	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

AAOI on 21 exchanges

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
Bitget AAOIUSDT	−0.0245%	8h	108.91	−0.004%	$3.3M	$4.3M	20x	as long as short
Aster AAOIUSDT	0.0000%	8h	108.90	−0.011%	$40K	$43K	20x	as long as short
Bybit AAOIUSDT	0.0000%	8h	108.90	−0.013%	$1.7M	$3.0M	25x	as long as short
Gate AAOI_USDT	0.0000%	8h	108.88	−0.032%	$3.8M	$12.7M	50x	as long as short
SunX AAOI-USDT	0.0000%	8h	108.82	−0.087%	$1K	$1.1M	10x	as long as short
HTX AAOI-USDT	0.0000%	8h	108.96	+0.042%	$24K	$47K	20x	as long as short
QFEX AAOI-USD	+0.0031%	1h	108.81	−0.096%	$1.1M	$1.8M	10x	as long as short
Lighter AAOI	+0.0032%	1h	108.82	−0.087%	—	—	10x	as long as short
Popdex AAOIUSDT	+0.0048%	1h	108.85	−0.059%	$940	$109K	20x	as long as short
Variational Omni AAOIlong	+0.0080%	8h	108.91	long leg	$117K	$156K	—

Show all 21 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:AAOI	+0.0087%	1h	108.83	−0.077%	$1.9M	$1.7M	10x	as long as short
Orderly PERP_AAOI_USDC_mythos	+0.0100%	8h	108.87	−0.041%	$1K	$14K	10x	as long as short
KuCoin AAOIUSDTM	+0.0100%	8h	108.84	−0.068%	$450K	$383K	20x	as long as short
Aevo AAOI-PERPshort	+0.0104%	1h	108.87	−0.041%	—	—	10x
OKX AAOI-USDT-SWAP	+0.0162%	8h	108.87	−0.041%	$4.8M	$22.5M	20x	as long as short
Extended AAOI-USD	+0.0192%	1h	108.83	−0.074%	$14K	$233K	10x	as long as short
BloFin AAOI-USDT	+0.0193%	8h	108.92	+0.005%	$275K	$76K	20x	as long as short
Binance AAOIUSDT	+0.0195%	8h	108.85	−0.056%	$14.8M	$49.9M	20x	as long as short
Paragon para:AAOI	+0.0263%	1h	108.79	−0.114%	$227K	$719K	10x	as long as short
GRVT AAOI_USDT_Perp	+0.0451%	8h	108.90	−0.013%	$756	$110K	10x	as long as short
edgeX AAOIUSDC	+0.0519%	4h	108.90	−0.018%	$13K	$265K	10x	as long as short