Funding arb · Price arb /

AAOI

RWAall AAOI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0030%/8h= +3.3% APRpaid last 24h +0.007%

Price spread now: Popdex against BloFin+0.009%7-day average +0.018% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$81as in the Price arb table

costs, in and out, $10k−$800.800% of the position

Long on BloFin Short on Popdex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.097%−$10 on $10k

Price spread, last 4 days (all we have)+0.153%+$15 · spread now +0.009%, 7d avg +0.018%

Together, before fees+0.056%+$6 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.018%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 4 days funding on this pair cost −0.097%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin AAOI-USDT	111.69	0.0018	pay 0.0018% / 8h	4h 34m	$261K	$63K	20x
Short	Popdex AAOIUSDT	111.70	0.0048	get 0.0006% / 1h	34m 43s	$1K	$109K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Popdex against BloFin. 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 BloFinbpFee PopdexbpOrdersPrice spread, now +0.009%Rate

Funding earned: $6.37
Price spread: +0.009% → +0.018%: −$0.92
Slippage, 4 orders: −$61.56
Fee BloFin: 6 bp × 2 orders: −$12
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Net: −$74.5
Costs to cover: 0.800%
Break-even: 88.8 days

Slippage from BloFin: live order book, 64 min ago; Popdex: live order book, 24 min ago.

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 BloFin live order book, 64 min ago	2.25 bp	10.2 bp −$10	21.9 bp −$219	65.1 bp −$6,514	doesn't fit
Sell Popdex live order book, 24 min ago	2.68 bp	23.0 bp −$23	doesn't fit	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
Aster AAOIUSDT	0.0000%	8h	111.63	−0.051%	$41K	$37K	20x	as long as short
Extended AAOI-USD	0.0000%	1h	111.64	−0.043%	$17K	$211K	10x	as long as short
Binance AAOIUSDT	0.0000%	8h	111.67	−0.018%	$15.2M	$41.9M	20x	as long as short
Gate AAOI_USDT	0.0000%	8h	111.71	+0.018%	$4.0M	$13.0M	50x	as long as short
Bitget AAOIUSDT	0.0000%	8h	111.69	0.000%	$2.8M	$3.0M	20x	as long as short
Variational Omni AAOI	0.0000%	8h	111.80	+0.099%	$153K	$131K	—	as long as short
GRVT AAOI_USDT_Perp	0.0000%	8h	111.78	+0.081%	$753	$103K	10x	as long as short
SunX AAOI-USDT	0.0000%	8h	111.73	+0.036%	$959	$1.2M	10x	as long as short
HTX AAOI-USDT	0.0000%	8h	111.77	+0.072%	$24K	$42K	20x	as long as short
BloFin AAOI-USDTlong	+0.0018%	8h	111.69	long leg	$261K	$63K	20x

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paragon para:AAOI	+0.0019%	1h	111.70	+0.009%	$239K	$717K	10x	as long as short
Lighter AAOI	+0.0032%	1h	111.72	+0.027%	—	—	10x	as long as short
Popdex AAOIUSDTshort	+0.0048%	1h	111.70	+0.009%	$1K	$109K	20x
QFEX AAOI-USD	+0.0053%	1h	111.69	0.000%	$1.1M	$2.2M	10x	as long as short
Bybit AAOIUSDT	+0.0076%	8h	111.75	+0.054%	$1.8M	$2.6M	25x	as long as short
KuCoin AAOIUSDTM	+0.0100%	8h	111.76	+0.063%	$467K	$175K	20x	as long as short
Orderly PERP_AAOI_USDC_mythos	+0.0100%	8h	111.69	0.000%	$2K	$13K	10x	as long as short
Aevo AAOI-PERP	+0.0104%	1h	111.69	0.000%	—	—	10x	as long as short
OKX AAOI-USDT-SWAP	+0.0117%	8h	111.77	+0.072%	$4.7M	$19.4M	20x	as long as short
tradeXYZ xyz:AAOI	+0.0240%	1h	111.64	−0.045%	$2.0M	$1.4M	10x	as long as short
edgeX AAOIUSDC	+0.0502%	4h	111.80	+0.101%	$13K	$264K	10x	as long as short