AAOI

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	Variational OmniAAOI	70.566	+0.0024	pay 0.0024% / 8h	59m 01s	$256K	$314K	20x	Long Variational Omni+15% pts
SHORT	TxFlowAAOI-USDC	70.620	+0.0100	get 0.0013% / 1h	59m 01s	$10K	$154K	20x	Short TxFlow5% off

Price gap+0.077%45s

Funding gap+0.0076% /8h

Both sides work: funding pays +$2 a day on $10k, and the gap is 0.082% above its 7d average: +$8 more if it goes back.

If you open now and hold

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

Funding+$21+0.0076% /8h now · paid +0.209% over the last 7D

Price—spread +0.077%45s now · prices read too far apart to compare

Costs−$640.644% of $10k · taker + slippage, in and out

Result—+ Points / potential airdropVariational Omni: points · TxFlow: points · farm boardneeds both prices read together

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+0.077%

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 size21.0 / 11.7 bp
At $10k entering Variational Omni costs 21.0 bp, fee and slippage, 1.8× TxFlow’s.
Note: Margin at max leverage$500 + $500
Variational Omni 20x, TxFlow 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ8h / 1h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: +$2.28Long Variational Omni: 3 payments, −$0.72; short TxFlow: 24 payments, +$3.00.
Watch: Prices read 45 s apart+0.077% vs −0.005%
Part of this gap may be the market moving.
Watch: Short leg is thinner$10K vs $256K OI
TxFlow sets your exit cost. Check its book before closing.
OK: Points on a legVariational Omni points · TxFlow points
Volume here counts toward the points program.
OK: No KYC on either legVariational Omni No · TxFlow 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 spreadprices read too far apart to compare—

Slippage, 4 orderslive order books−$55.44

Fee Variational Omni bp × 2 orders$0.00

Fee TxFlow bp × 2 orders−$9.00

Net · 7 days · $10k−$43.50

price spread not counted: prices read too far apart

Costs to cover0.644%Break-even21.5 days

Slippage: Variational Omni: RFQ quote, 44 min ago; TxFlow: live order book, 38 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGVariational Omni5.4121.0 bp−$2135.1 bp−$351doesn’t fitdoesn’t fit

SELL · SHORTTxFlow2.2011.7 bp−$1223.8 bp−$238doesn’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 ↗