AAOI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.021%

Price spread now: Gate against KuCoin−0.009%7-day average +0.085% · you buy dearer than you sell

Net, funding: paid 7d − costs−$901as in the Funding arb table

Net, price: spread back to 7d avg − costs−$922as in the Price arb table

costs, in and out, $10k−$9129.123% of the position

Long on KuCoin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.116%+$12 on $10k

Price spread, last 4 days (all we have)+0.059%+$6 · spread now −0.009%, 7d avg +0.085%

Together, before fees+0.175%+$17 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.094% cheaper against KuCoin than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.085%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.116%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin AAOIUSDTM	111.73	0.0100	pay 0.0100% / 8h	4h 07m	$468K	$178K	20x
Short	Gate AAOI_USDT	111.72	0	get 0.0000% / 8h	4h 07m	$4.1M	$13.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against KuCoin. 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 KuCoinbpFee GatebpOrdersPrice spread, now −0.009%Rate

Funding earned: −$21
Price spread: −0.009% → +0.085%: −$9.41
Slippage, 4 orders: −$885.3
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$942.71
Costs to cover: 9.123%
Break-even: never at this rate

Slippage from KuCoin: live order book, 5 min ago; Gate: live order book, 1 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 KuCoin live order book, 5 min ago	8.95 bp	436.9 bp −$437	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 1 min ago	4.47 bp	18.5 bp −$19	54.9 bp −$549	85.0 bp −$8,502	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	−0.087%	$41K	$37K	20x	as long as short
Extended AAOI-USD	0.0000%	1h	111.66	−0.065%	$15K	$213K	10x	as long as short
Binance AAOIUSDT	0.0000%	8h	111.70	−0.027%	$15.1M	$42.0M	20x	as long as short
Gate AAOI_USDTshort	0.0000%	8h	111.72	−0.009%	$4.1M	$13.1M	50x
Bitget AAOIUSDT	0.0000%	8h	111.71	−0.018%	$2.8M	$3.0M	20x	as long as short
Variational Omni AAOI	0.0000%	8h	111.67	−0.050%	$153K	$131K	—	as long as short
SunX AAOI-USDT	0.0000%	8h	111.75	+0.018%	$1K	$1.2M	10x	as long as short
HTX AAOI-USDT	0.0000%	8h	111.51	−0.197%	$24K	$43K	20x	as long as short
GRVT AAOI_USDT_Perp	+0.0008%	8h	111.70	−0.030%	$671	$104K	10x	as long as short
BloFin AAOI-USDT	+0.0024%	8h	111.75	+0.018%	$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	−0.063%	—	—	10x	as long as short
Popdex AAOIUSDT	+0.0048%	1h	111.71	−0.018%	$1K	$109K	20x	as long as short
QFEX AAOI-USD	+0.0053%	1h	111.68	−0.045%	$1.1M	$2.1M	10x	as long as short
Paragon para:AAOI	+0.0060%	1h	111.66	−0.064%	$238K	$718K	10x	as long as short
KuCoin AAOIUSDTMlong	+0.0100%	8h	111.73	long leg	$468K	$178K	20x
Orderly PERP_AAOI_USDC_mythos	+0.0100%	8h	111.67	−0.054%	$2K	$13K	10x	as long as short
Aevo AAOI-PERP	+0.0104%	1h	111.65	−0.068%	—	—	10x	as long as short
Bybit AAOIUSDT	+0.0122%	8h	111.67	−0.054%	$1.8M	$2.6M	25x	as long as short
OKX AAOI-USDT-SWAP	+0.0235%	8h	111.75	+0.018%	$4.8M	$19.5M	20x	as long as short
tradeXYZ xyz:AAOI	+0.0310%	1h	111.67	−0.054%	$2.0M	$1.3M	10x	as long as short
edgeX AAOIUSDC	+0.0470%	4h	111.69	−0.038%	$13K	$263K	10x	as long as short