Funding arb · Price arb /

AAOI

RWAall AAOI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0018%/8h= −2.0% APRpaid last 24h —

Price spread now: Aevo against Bybit+0.018%7-day average — · you sell dearer than you buy

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

Long on Bybit 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—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit AAOIUSDT	110.20	0.0122	pay 0.0122% / 8h	3h 41m	$1.8M	$2.6M	25x
Short	Aevo AAOI-PERP	110.22	0.0104	get 0.0013% / 1h	41m 11s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Bybit. 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 BybitbpFee AevobpOrdersPrice spread, now +0.018%Rate

Funding earned: −$3.74
Price spread: +0.018% → 0.000%: $1.81
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$28.93
Costs to cover: 0.270%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 1 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 Bybit live order book, 1 min ago	2.26 bp	14.9 bp −$15	92.7 bp −$927	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 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	110.30	+0.088%	$41K	$37K	20x	as long as short
Extended AAOI-USD	0.0000%	1h	110.21	+0.008%	$16K	$213K	10x	as long as short
Binance AAOIUSDT	0.0000%	8h	110.21	+0.006%	$15.0M	$42.3M	20x	as long as short
Gate AAOI_USDT	0.0000%	8h	110.34	+0.127%	$4.0M	$13.0M	50x	as long as short
Bitget AAOIUSDT	0.0000%	8h	110.38	+0.163%	$2.7M	$3.0M	20x	as long as short
Variational Omni AAOI	0.0000%	8h	110.89	+0.627%	$152K	$131K	—	as long as short
SunX AAOI-USDT	0.0000%	8h	110.75	+0.499%	$1K	$1.2M	10x	as long as short
HTX AAOI-USDT	0.0000%	8h	110.66	+0.417%	$24K	$44K	20x	as long as short
BloFin AAOI-USDT	+0.0003%	8h	110.37	+0.154%	$270K	$63K	20x	as long as short
GRVT AAOI_USDT_Perp	+0.0030%	8h	110.78	+0.526%	$763	$105K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter AAOI	+0.0032%	1h	110.24	+0.036%	—	—	10x	as long as short
Popdex AAOIUSDT	+0.0048%	1h	110.36	+0.145%	$1K	$109K	20x	as long as short
QFEX AAOI-USD	+0.0076%	1h	110.35	+0.136%	$1.1M	$2.0M	10x	as long as short
KuCoin AAOIUSDTM	+0.0100%	8h	110.35	+0.136%	$461K	$184K	20x	as long as short
Orderly PERP_AAOI_USDC_mythos	+0.0100%	8h	110.20	0.000%	$2K	$13K	10x	as long as short
Aevo AAOI-PERPshort	+0.0104%	1h	110.22	+0.018%	—	—	10x
Bybit AAOIUSDTlong	+0.0122%	8h	110.20	long leg	$1.8M	$2.6M	25x
OKX AAOI-USDT-SWAP	+0.0304%	8h	110.17	−0.027%	$4.8M	$19.5M	20x	as long as short
tradeXYZ xyz:AAOI	+0.0360%	1h	110.31	+0.100%	$2.0M	$1.4M	10x	as long as short
edgeX AAOIUSDC	+0.0360%	4h	110.71	+0.465%	$13K	$263K	10x	as long as short
Paragon para:AAOI	+0.0504%	1h	110.40	+0.181%	$234K	$719K	10x	as long as short