Funding arb · Price arb /

AAOI

RWAall AAOI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h —

Price spread now: Lighter against Gate−0.072%7-day average — · you buy dearer than you sell

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

Long on Gate Short on Lighter

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—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Funding pays, the price is against you. Lighter is 0.072% cheaper against Gate than usual: you would sell low and buy high (spread −0.072% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 7.5 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate AAOI_USDT	111.30	0	get 0.0000% / 8h	12m 16s	$4.2M	$30.8M	50x
Short	Lighter AAOI	111.22	0.0032	get 0.0004% / 1h	12m 16s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Gate. 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 GatebpFee LighterbpOrdersPrice spread, now −0.072%Rate

Funding earned: $6.72
Price spread: −0.072% → 0.000%: −$7.19
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Lighter: 0 bp × 2 orders: $0
Net: −$15.47
Costs to cover: 0.150%
Break-even: 23.1 days

Slippage unknown: Gate: live order book, 2 min ago; Lighter: 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 Gate live order book, 2 min ago	7.64 bp	17.6 bp −$18	43.0 bp −$430	79.4 bp −$7,937	doesn't fit
Sell Lighter no order-book sample	—	—	—	—	—

Lighter: 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
QFEX AAOI-USD	−0.0011%	1h	111.26	−0.036%	$1.1M	$2.6M	10x	as long as short
Aster AAOIUSDT	0.0000%	8h	111.28	−0.016%	$41K	$37K	20x	as long as short
Extended AAOI-USD	0.0000%	1h	111.27	−0.030%	$17K	$209K	10x	as long as short
Binance AAOIUSDT	0.0000%	8h	111.28	−0.022%	$15.3M	$43.7M	20x	as long as short
Bybit AAOIUSDT	0.0000%	8h	111.31	+0.009%	$1.8M	$2.8M	25x	as long as short
OKX AAOI-USDT-SWAP	0.0000%	8h	111.27	−0.027%	$4.3M	$19.3M	20x	as long as short
Gate AAOI_USDTlong	0.0000%	8h	111.30	long leg	$4.2M	$30.8M	50x
Bitget AAOIUSDT	0.0000%	8h	111.29	−0.009%	$2.8M	$3.2M	20x	as long as short
Variational Omni AAOI	0.0000%	8h	111.63	+0.295%	$153K	$167K	—	as long as short
GRVT AAOI_USDT_Perp	0.0000%	8h	111.61	+0.279%	$554	$107K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX AAOI-USDT	0.0000%	8h	111.26	−0.036%	$899	$1.3M	10x	as long as short
HTX AAOI-USDT	0.0000%	8h	111.11	−0.171%	$24K	$38K	20x	as long as short
BloFin AAOI-USDT	+0.0023%	8h	111.24	−0.054%	$243K	$68K	20x	as long as short
Lighter AAOIshort	+0.0032%	1h	111.22	−0.072%	—	—	10x
Popdex AAOIUSDT	+0.0048%	1h	111.28	−0.018%	$1K	$110K	20x	as long as short
tradeXYZ xyz:AAOI	+0.0050%	1h	111.27	−0.027%	$2.0M	$1.4M	10x	as long as short
Paragon para:AAOI	+0.0060%	1h	111.27	−0.027%	$277K	$697K	10x	as long as short
KuCoin AAOIUSDTM	+0.0100%	8h	111.30	0.000%	$466K	$185K	20x	as long as short
Orderly PERP_AAOI_USDC_mythos	+0.0100%	8h	111.27	−0.027%	$2K	$13K	10x	as long as short
Aevo AAOI-PERP	+0.0104%	1h	111.29	−0.009%	—	—	10x	as long as short
edgeX AAOIUSDC	+0.0160%	4h	111.40	+0.092%	$13K	$264K	10x	as long as short