Funding arb · Price arb /

AAOI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h —

Price spread now: Aevo against SunX−0.025%7-day average — · you buy dearer than you sell

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

Long on SunX Short on Aevo

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—needs both histories

Funding pays, the price is against you. Aevo is 0.025% cheaper against SunX than usual: you would sell low and buy high (spread −0.025% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 19 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX AAOI-USDT	110.71	0	get 0.0000% / 8h	3h 42m	$1K	$1.2M	10x
Short	Aevo AAOI-PERP	110.68	0.0104	get 0.0013% / 1h	42m 36s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against SunX. 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 SunXbpFee AevobpOrdersPrice spread, now −0.025%Rate

Funding earned: $21.84
Price spread: −0.025% → 0.000%: −$2.46
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$4.62
Costs to cover: 0.240%
Break-even: 8.5 days

Slippage unknown: SunX: live order book, 11 min ago; Aevo: 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 SunX live order book, 11 min ago	500.49 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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
BloFin AAOI-USDT	−0.0016%	8h	110.71	0.000%	$270K	$63K	20x	as long as short
Aster AAOIUSDT	0.0000%	8h	110.67	−0.033%	$41K	$37K	20x	as long as short
Extended AAOI-USD	0.0000%	1h	110.64	−0.060%	$16K	$213K	10x	as long as short
Binance AAOIUSDT	0.0000%	8h	110.76	+0.045%	$15.0M	$42.2M	20x	as long as short
Gate AAOI_USDT	0.0000%	8h	110.75	+0.036%	$4.1M	$13.0M	50x	as long as short
Bitget AAOIUSDT	0.0000%	8h	110.76	+0.045%	$2.7M	$3.0M	20x	as long as short
Variational Omni AAOI	0.0000%	8h	110.89	+0.163%	$152K	$131K	—	as long as short
SunX AAOI-USDTlong	0.0000%	8h	110.71	long leg	$1K	$1.2M	10x
HTX AAOI-USDT	0.0000%	8h	110.70	−0.009%	$24K	$44K	20x	as long as short
GRVT AAOI_USDT_Perp	+0.0030%	8h	110.78	+0.063%	$763	$105K	10x	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	110.66	−0.045%	—	—	10x	as long as short
Popdex AAOIUSDT	+0.0048%	1h	110.71	0.000%	$1K	$109K	20x	as long as short
QFEX AAOI-USD	+0.0076%	1h	110.66	−0.045%	$1.1M	$2.0M	10x	as long as short
KuCoin AAOIUSDTM	+0.0100%	8h	110.73	+0.018%	$463K	$184K	20x	as long as short
Orderly PERP_AAOI_USDC_mythos	+0.0100%	8h	110.69	−0.018%	$2K	$13K	10x	as long as short
Aevo AAOI-PERPshort	+0.0104%	1h	110.68	−0.025%	—	—	10x
Bybit AAOIUSDT	+0.0126%	8h	110.75	+0.036%	$1.8M	$2.6M	25x	as long as short
OKX AAOI-USDT-SWAP	+0.0298%	8h	110.82	+0.099%	$4.8M	$19.6M	20x	as long as short
tradeXYZ xyz:AAOI	+0.0350%	1h	110.69	−0.018%	$2.0M	$1.4M	10x	as long as short
edgeX AAOIUSDC	+0.0446%	4h	110.83	+0.110%	$13K	$265K	10x	as long as short
Paragon para:AAOI	+0.0500%	1h	110.67	−0.038%	$234K	$719K	10x	as long as short