Funding arb · Price arb /

AAOI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%

Price spread now: OKX against Variational Omni+0.145%7-day average −0.006% · you sell dearer than you buy

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

Long on Variational Omni Short on OKX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.096%+$10 on $10k

Price spread, last 4 days (all we have)−0.791%−$79 · spread now +0.145%, 7d avg −0.006%

Together, before fees−0.695%+ Points / potential airdropVariational Omni: Active · farm board−$69 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.150% dearer against Variational Omni than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.006%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni AAOI	111.67	0	get 0.0000% / 8h	5h 03m	$153K	$131K	—
Short	OKX AAOI-USDT-SWAP	111.83	0	get 0.0000% / 8h	5h 03m	$4.6M	$19.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.145%Rate

Funding earned: $0
Price spread: +0.145% → −0.006%: $15.04
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee OKX: 5 bp × 2 orders: −$10
Net: $5.04
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 60 min ago; OKX: live order book, 5 min ago. 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, 60 min ago	3.30 bp	doesn't fit	62.7 bp −$627	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	0.45 bp	8.1 bp −$8	50.8 bp −$508	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	−0.0009%	8h	111.78	+0.100%	$215K	$63K	20x	as long as short
Aster AAOIUSDT	0.0000%	8h	111.62	−0.048%	$41K	$37K	20x	as long as short
Extended AAOI-USD	0.0000%	1h	111.71	+0.038%	$15K	$211K	10x	as long as short
Binance AAOIUSDT	0.0000%	8h	111.75	+0.075%	$15.2M	$41.9M	20x	as long as short
OKX AAOI-USDT-SWAPshort	0.0000%	8h	111.83	+0.145%	$4.6M	$19.3M	20x
Gate AAOI_USDT	0.0000%	8h	111.74	+0.064%	$4.0M	$13.4M	50x	as long as short
Bitget AAOIUSDT	0.0000%	8h	111.76	+0.082%	$2.7M	$3.0M	20x	as long as short
Variational Omni AAOIlong	0.0000%	8h	111.67	long leg	$153K	$131K	—
GRVT AAOI_USDT_Perp	0.0000%	8h	111.75	+0.072%	$548	$102K	10x	as long as short
SunX AAOI-USDT	0.0000%	8h	111.77	+0.091%	$1K	$1.2M	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX AAOI-USDT	0.0000%	8h	111.64	−0.025%	$24K	$41K	20x	as long as short
QFEX AAOI-USD	+0.0017%	1h	111.74	+0.064%	$1.1M	$2.3M	10x	as long as short
Lighter AAOI	+0.0032%	1h	111.68	+0.011%	—	—	10x	as long as short
Bybit AAOIUSDT	+0.0037%	8h	111.74	+0.064%	$1.8M	$2.6M	25x	as long as short
Popdex AAOIUSDT	+0.0048%	1h	111.80	+0.118%	$1K	$109K	20x	as long as short
edgeX AAOIUSDC	+0.0050%	4h	111.74	+0.067%	$13K	$264K	10x	as long as short
KuCoin AAOIUSDTM	+0.0100%	8h	111.65	−0.016%	$467K	$171K	20x	as long as short
Orderly PERP_AAOI_USDC_mythos	+0.0100%	8h	111.69	+0.019%	$2K	$13K	10x	as long as short
Aevo AAOI-PERP	+0.0104%	1h	111.69	+0.016%	—	—	10x	as long as short
Paragon para:AAOI	+0.0194%	1h	111.69	+0.016%	$239K	$713K	10x	as long as short
tradeXYZ xyz:AAOI	+0.0246%	1h	111.72	+0.046%	$2.0M	$1.4M	10x	as long as short