AAOI

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	Variational OmniAAOI	65.700	0	0.0000% / 8h	4h 00m	$211K	$61K	20x	Long Variational Omni+15% pts
SHORT	MEXCAAOISTOCK_USDT	66.010	+0.0013	get 0.0013% / 8h	4h 00m	$1.3M	$256K	50x	Short MEXC

Price gap+0.472%

Funding gap+0.0013% /8h

Both sides work: funding pays $0 a day on $10k, and the gap is 0.380% above its 7d average: +$38 more if it goes back.

If you open now and hold

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

Funding+$20+0.0013% /8h now · paid +0.196% over the last 7D

Price+$38spread +0.472% now, avg +0.092% → +0.380% if it goes back

Costs−$670.672% of $10k · taker + slippage, in and out

Result−$10−0.10%+ Points / potential airdropVariational 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+0.472%

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

Watch: Thin at this size36.5 / 4.5 bp
At $10k entering Variational Omni costs 36.5 bp, fee and slippage, 8.0× MEXC’s.
Note: Margin at max leverage$500 + $200
Variational Omni 20x, MEXC 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval8h / 8h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: +$0.39Long Variational Omni: 3 payments, $0.00; short MEXC: 3 payments, +$0.39.
OK: Entry gap works for you+0.472% vs +0.092%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner$211K vs $1.3M OI
Variational Omni sets your exit cost. Check its book before closing.
OK: Points on a legVariational Omni points
Volume here counts toward the points program.
Watch: KYCVariational Omni No · MEXC Yes
KYC before trading since Feb 2026; unverified accounts see market data only.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0093%/8h × 21 periods+$19.59

Price spread+0.472% → +0.092% (7d avg)+$37.98

Slippage, 4 orderslive order books−$63.16

Fee Variational Omni bp × 2 orders$0.00

Fee MEXC bp × 2 orders−$4.00

Net · 7 days · $10k−$9.60

Costs to cover0.672%Break-even10.4 days

Slippage: Variational Omni: RFQ quote, 8 min ago; MEXC: live order book, 5 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGVariational Omni5.5036.5 bp−$3666.2 bp−$662doesn’t fitdoesn’t fit

SELL · SHORTMEXC1.524.5 bp−$57.9 bp−$7962.7 bp−$6,270233.9 bp−$117.0K

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 ↗