Funding arb · Price arb /

AAOI

RWAall AAOI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0349%/8h= +38.2% APRpaid last 24h +0.111%

Price spread now: edgeX against Bybit+0.015%71s7-day average 0.000% · you sell dearer than you buy

Net, funding: paid 7d − costs+$16as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$580.576% of the position

Long on Bybit Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.736%+$74 on $10k

Price spread, last 4 days (all we have)+0.474%+$47 · spread now +0.015%, 7d avg 0.000%

Together, before fees+1.210%+ Points / potential airdropedgeX: Active · farm board+$121 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of 0.000%, so right now this pair is about funding alone: +$10 a day on $10k at the current rate. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit AAOIUSDT	111.67	0.0122	pay 0.0122% / 8h	4h 08m	$1.8M	$2.6M	25x
Short	edgeX AAOIUSDC	111.69	0.0470	get 0.0235% / 4h	8m 19s	$13K	$263K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.015%Rate

Funding earned: $73.19
Price spread: +0.015% → 0.000%: $1.56
Slippage, 4 orders: −$37.65
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $17.1
Costs to cover: 0.576%
Break-even: 5.4 days

Slippage from Bybit: live order book, 4 min ago; edgeX: live order book, 49 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 Bybit live order book, 4 min ago	2.69 bp	11.6 bp −$12	83.0 bp −$830	doesn't fit	doesn't fit
Sell edgeX live order book, 49 min ago	3.58 bp	14.1 bp −$14	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	111.66	−0.012%	$41K	$37K	20x	as long as short
Extended AAOI-USD	0.0000%	1h	111.62	−0.046%	$15K	$213K	10x	as long as short
Binance AAOIUSDT	0.0000%	8h	111.65	−0.018%	$15.1M	$42.0M	20x	as long as short
Gate AAOI_USDT	0.0000%	8h	111.69	+0.018%	$4.1M	$13.1M	50x	as long as short
Bitget AAOIUSDT	0.0000%	8h	111.68	+0.009%	$2.8M	$3.0M	20x	as long as short
Variational Omni AAOI	0.0000%	8h	111.67	+0.004%	$153K	$131K	—	as long as short
SunX AAOI-USDT	0.0000%	8h	111.75	+0.072%	$1K	$1.2M	10x	as long as short
HTX AAOI-USDT	0.0000%	8h	111.51	−0.143%	$24K	$43K	20x	as long as short
GRVT AAOI_USDT_Perp	+0.0008%	8h	111.70	+0.024%	$671	$104K	10x	as long as short
BloFin AAOI-USDT	+0.0024%	8h	111.75	+0.072%	$266K	$64K	20x	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	111.66	−0.009%	—	—	10x	as long as short
Popdex AAOIUSDT	+0.0048%	1h	111.66	−0.009%	$1K	$109K	20x	as long as short
QFEX AAOI-USD	+0.0053%	1h	111.65	−0.018%	$1.1M	$2.1M	10x	as long as short
Paragon para:AAOI	+0.0060%	1h	111.57	−0.090%	$238K	$718K	10x	as long as short
KuCoin AAOIUSDTM	+0.0100%	8h	111.73	+0.054%	$468K	$178K	20x	as long as short
Orderly PERP_AAOI_USDC_mythos	+0.0100%	8h	111.67	0.000%	$2K	$13K	10x	as long as short
Aevo AAOI-PERP	+0.0104%	1h	111.65	−0.015%	—	—	10x	as long as short
Bybit AAOIUSDTlong	+0.0122%	8h	111.67	long leg	$1.8M	$2.6M	25x
OKX AAOI-USDT-SWAP	+0.0235%	8h	111.73	+0.054%	$4.8M	$19.5M	20x	as long as short
tradeXYZ xyz:AAOI	+0.0310%	1h	111.63	−0.036%	$2.0M	$1.3M	10x	as long as short
edgeX AAOIUSDCshort	+0.0470%	4h	111.69	+0.015%	$13K	$263K	10x