Funding arb · Price arb /

AAOI

RWAall AAOI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.123%

Price spread now: Bybit against Bitget+0.046%7-day average +0.005% · you sell dearer than you buy

Net, funding: paid 7d − costs−$100as in the Funding arb table

Net, price: spread back to 7d avg − costs−$99as in the Price arb table

costs, in and out, $10k−$1031.035% of the position

Long on Bitget Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.031%+$3 on $10k

Price spread, last 7 days−0.091%−$9 · spread now +0.046%, 7d avg +0.005%

Together, before fees−0.059%−$6 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.041% dearer against Bitget than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.005%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget AAOIUSDT	108.37	0	get 0.0000% / 8h	4h 45m	$3.3M	$4.3M	20x
Short	Bybit AAOIUSDT	108.42	0	get 0.0000% / 8h	4h 45m	$1.7M	$3.0M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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 BitgetbpFee BybitbpOrdersPrice spread, now +0.046%Rate

Funding earned: $0
Price spread: +0.046% → +0.005%: $4.08
Slippage, 4 orders: −$80.46
Fee Bitget: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$99.38
Costs to cover: 1.035%
Break-even: never at this rate

Slippage from Bitget: live order book, 5 min ago; Bybit: live order book, 4 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 Bitget live order book, 5 min ago	3.22 bp	17.7 bp −$18	36.5 bp −$365	109.5 bp −$10.9K	doesn't fit
Sell Bybit live order book, 4 min ago	3.23 bp	26.2 bp −$26	140.5 bp −$1,405	doesn't fit	doesn't fit

AAOI on 21 exchanges

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	108.66	+0.265%	$40K	$43K	20x	as long as short
Bybit AAOIUSDTshort	0.0000%	8h	108.42	+0.046%	$1.7M	$3.0M	25x
Gate AAOI_USDT	0.0000%	8h	108.44	+0.065%	$3.8M	$12.6M	50x	as long as short
Bitget AAOIUSDTlong	0.0000%	8h	108.37	long leg	$3.3M	$4.3M	20x
Variational Omni AAOI	0.0000%	8h	108.79	+0.389%	$117K	$149K	—	as long as short
GRVT AAOI_USDT_Perp	0.0000%	8h	108.39	+0.017%	$880	$108K	10x	as long as short
SunX AAOI-USDT	0.0000%	8h	108.58	+0.194%	$997	$1.1M	10x	as long as short
HTX AAOI-USDT	0.0000%	8h	108.26	−0.102%	$24K	$46K	20x	as long as short
QFEX AAOI-USD	+0.0008%	1h	108.55	+0.166%	$1.1M	$1.8M	10x	as long as short
Lighter AAOI	+0.0032%	1h	108.51	+0.129%	—	—	10x	as long as short

Show all 21 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended AAOI-USD	+0.0048%	1h	108.38	+0.008%	$14K	$241K	10x	as long as short
Popdex AAOIUSDT	+0.0048%	1h	108.57	+0.185%	$1K	$110K	20x	as long as short
Binance AAOIUSDT	+0.0050%	8h	108.42	+0.046%	$14.7M	$50.5M	20x	as long as short
BloFin AAOI-USDT	+0.0059%	8h	108.66	+0.268%	$278K	$79K	20x	as long as short
OKX AAOI-USDT-SWAP	+0.0074%	8h	108.47	+0.092%	$4.8M	$22.7M	20x	as long as short
Orderly PERP_AAOI_USDC_mythos	+0.0100%	8h	108.48	+0.102%	$772	$15K	10x	as long as short
KuCoin AAOIUSDTM	+0.0100%	8h	108.54	+0.157%	$465K	$428K	20x	as long as short
Aevo AAOI-PERP	+0.0104%	1h	108.39	+0.023%	—	—	10x	as long as short
tradeXYZ xyz:AAOI	+0.0109%	1h	108.40	+0.028%	$1.9M	$1.7M	10x	as long as short
Paragon para:AAOI	+0.0128%	1h	108.52	+0.139%	$227K	$718K	10x	as long as short
edgeX AAOIUSDC	+0.0528%	4h	108.26	−0.104%	$13K	$264K	10x	as long as short