Funding arb · Price arb /

AAOI

RWAall AAOI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0498%/8h= +54.5% APRpaid last 24h −0.003%

Price spread now: edgeX against Paragon+0.083%7-day average +0.035% · you sell dearer than you buy

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

Long on Paragon Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.659%+$66 on $10k

Price spread, last 4 days (all we have)+0.384%+$38 · spread now +0.083%, 7d avg +0.035%

Together, before fees+1.043%+ Points / potential airdropedgeX: Active · farm board+$104 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and edgeX is 0.048% dearer against Paragon than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.035%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paragon para:AAOI	111.71	0.0004	pay 0.0001% / 1h	35m 05s	$239K	$717K	10x
Short	edgeX AAOIUSDC	111.80	0.0502	get 0.0251% / 4h	35m 05s	$13K	$264K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Paragon. 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 ParagonbpFee edgeXbpOrdersPrice spread, now +0.083%Rate

Funding earned: $104.58
Price spread: +0.083% → +0.035%: $4.8
Slippage, 4 orders: no order book: not counted
Fee Paragon: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $90.39
Costs to cover: 0.190%
Break-even: 1.0 days

Slippage unknown: Paragon: live order book, 61 min ago; edgeX: live order book, 22 min ago. 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 Paragon live order book, 61 min ago	3.14 bp	36.4 bp −$36	130.5 bp −$1,305	doesn't fit	doesn't fit
Sell edgeX live order book, 22 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	111.65	−0.056%	$41K	$37K	20x	as long as short
Extended AAOI-USD	0.0000%	1h	111.67	−0.034%	$17K	$211K	10x	as long as short
Binance AAOIUSDT	0.0000%	8h	111.70	−0.009%	$15.2M	$41.9M	20x	as long as short
Gate AAOI_USDT	0.0000%	8h	111.77	+0.054%	$4.0M	$13.0M	50x	as long as short
Bitget AAOIUSDT	0.0000%	8h	111.75	+0.036%	$2.8M	$3.0M	20x	as long as short
Variational Omni AAOI	0.0000%	8h	111.80	+0.081%	$153K	$131K	—	as long as short
GRVT AAOI_USDT_Perp	0.0000%	8h	111.78	+0.063%	$753	$103K	10x	as long as short
SunX AAOI-USDT	0.0000%	8h	111.73	+0.018%	$959	$1.2M	10x	as long as short
HTX AAOI-USDT	0.0000%	8h	111.77	+0.054%	$24K	$42K	20x	as long as short
Paragon para:AAOIlong	+0.0004%	1h	111.71	long leg	$239K	$717K	10x

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin AAOI-USDT	+0.0018%	8h	111.69	−0.018%	$261K	$63K	20x	as long as short
Lighter AAOI	+0.0032%	1h	111.70	−0.009%	—	—	10x	as long as short
Popdex AAOIUSDT	+0.0048%	1h	111.74	+0.027%	$1K	$109K	20x	as long as short
QFEX AAOI-USD	+0.0053%	1h	111.75	+0.036%	$1.1M	$2.2M	10x	as long as short
Bybit AAOIUSDT	+0.0081%	8h	111.73	+0.018%	$1.8M	$2.6M	25x	as long as short
KuCoin AAOIUSDTM	+0.0100%	8h	111.77	+0.054%	$467K	$175K	20x	as long as short
Orderly PERP_AAOI_USDC_mythos	+0.0100%	8h	111.69	−0.018%	$2K	$13K	10x	as long as short
Aevo AAOI-PERP	+0.0104%	1h	111.69	−0.018%	—	—	10x	as long as short
OKX AAOI-USDT-SWAP	+0.0117%	8h	111.84	+0.116%	$4.7M	$19.4M	20x	as long as short
tradeXYZ xyz:AAOI	+0.0242%	1h	111.71	0.000%	$2.0M	$1.4M	10x	as long as short
edgeX AAOIUSDCshort	+0.0502%	4h	111.80	+0.083%	$13K	$264K	10x