Funding arb · Price arb /

AAOI

RWAall AAOI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0048%/8h= +5.3% APRpaid last 24h +0.014%

Price spread now: Popdex against SunX0.000%7-day average +0.055% · you sell dearer than you buy

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

Long on SunX Short on Popdex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.053%+$5 on $10k

Price spread, last 4 days (all we have)+0.070%+$7 · spread now 0.000%, 7d avg +0.055%

Together, before fees+0.123%+$12 on $10k · with fees, hour by hour

Funding pays, the price is against you. Popdex is 0.055% cheaper against SunX than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.055%). If the spread goes back, that is −$5 on $10k: about 3.8 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	SunX AAOI-USDT	109.07	0	get 0.0000% / 8h	5h 44m	$1K	$1.1M	10x
Short	Popdex AAOIUSDT	109.07	0.0048	get 0.0006% / 1h	44m 18s	$1K	$109K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Popdex 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 PopdexbpOrdersPrice spread, now 0.000%Rate

Funding earned: $10.08
Price spread: 0.000% → +0.055%: −$5.47
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Net: −$9.79
Costs to cover: 0.144%
Break-even: 13.8 days

Slippage unknown: SunX: live order book, 2 min ago; Popdex: live order book, 2 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 SunX live order book, 2 min ago	500.21 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Popdex live order book, 2 min ago	2.75 bp	33.2 bp −$33	doesn't fit	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
Bitget AAOIUSDT	−0.0328%	8h	109.12	+0.046%	$3.3M	$4.3M	20x	as long as short
Aster AAOIUSDT	0.0000%	8h	109.07	−0.003%	$40K	$43K	20x	as long as short
Bybit AAOIUSDT	0.0000%	8h	109.11	+0.037%	$1.8M	$3.0M	25x	as long as short
Gate AAOI_USDT	0.0000%	8h	109.08	+0.009%	$3.8M	$12.7M	50x	as long as short
SunX AAOI-USDTlong	0.0000%	8h	109.07	long leg	$1K	$1.1M	10x
HTX AAOI-USDT	0.0000%	8h	109.18	+0.101%	$24K	$47K	20x	as long as short
QFEX AAOI-USD	+0.0031%	1h	109.00	−0.064%	$1.1M	$1.8M	10x	as long as short
Lighter AAOI	+0.0032%	1h	108.96	−0.101%	—	—	10x	as long as short
Popdex AAOIUSDTshort	+0.0048%	1h	109.07	0.000%	$1K	$109K	20x
tradeXYZ xyz:AAOI	+0.0050%	1h	108.94	−0.119%	$1.9M	$1.7M	10x	as long as short

Show all 21 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_AAOI_USDC_mythos	+0.0100%	8h	109.07	0.000%	$1K	$14K	10x	as long as short
KuCoin AAOIUSDTM	+0.0100%	8h	108.97	−0.092%	$449K	$365K	20x	as long as short
Aevo AAOI-PERP	+0.0104%	1h	109.09	+0.016%	—	—	10x	as long as short
Variational Omni AAOI	+0.0118%	8h	109.16	+0.084%	$117K	$156K	—	as long as short
OKX AAOI-USDT-SWAP	+0.0214%	8h	109.08	+0.009%	$4.8M	$22.4M	20x	as long as short
BloFin AAOI-USDT	+0.0252%	8h	109.19	+0.110%	$272K	$75K	20x	as long as short
Extended AAOI-USD	+0.0256%	1h	109.04	−0.024%	$14K	$238K	10x	as long as short
Binance AAOIUSDT	+0.0257%	8h	109.08	+0.009%	$14.8M	$49.8M	20x	as long as short
Paragon para:AAOI	+0.0351%	1h	109.00	−0.065%	$227K	$720K	10x	as long as short
GRVT AAOI_USDT_Perp	+0.0775%	8h	109.13	+0.051%	$806	$110K	10x	as long as short
edgeX AAOIUSDC	+0.0897%	4h	109.15	+0.075%	$12K	$264K	10x	as long as short