Funding arb · Price arb /

AIXBT

all AIXBT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: BingX against Binance−0.045%7-day average −0.012% · you buy dearer than you sell

Net, funding: paid 7d − costs−$89as in the Funding arb table

Net, price: spread back to 7d avg − costs−$93as in the Price arb table

costs, in and out, $10k−$900.897% of the position

Long on Binance Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.007%+$1 on $10k

Price spread, last 7 days+0.036%+$4 · spread now −0.045%, 7d avg −0.012%

Together, before fees+0.043%+$4 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: BingX is 0.032% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.012%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance AIXBTUSDT	0.02236	0.0100	pay 0.0050% / 4h	2h 44m	$2.3M	$2.9M	50x
Short	BingX AIXBT-USDT	0.02235	0.0100	get 0.0050% / 4h	2h 44m	—	$6.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Binance. 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 BinancebpFee BingXbpOrdersPrice spread, now −0.045%Rate

Funding earned: $0
Price spread: −0.045% → −0.012%: −$3.23
Slippage, 4 orders: −$69.68
Fee Binance: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$92.9
Costs to cover: 0.897%
Break-even: never at this rate

Slippage from Binance: live order book, 6 min ago; BingX: live order book, 8 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 Binance live order book, 6 min ago	2.23 bp	21.7 bp −$22	140.2 bp −$1,402	doesn't fit	doesn't fit
Sell BingX live order book, 8 min ago	2.23 bp	21.5 bp −$21	84.9 bp −$849	609.1 bp −$60.9K	968.6 bp −$484.3K

AIXBT on 14 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
Kraken Futures PF_AIXBTUSD	−0.1936%	1h	0.02240	+0.162%	$19K	$7K	10x	as long as short
Variational Omni AIXBT	−0.0214%	4h	0.02236	−0.022%	$98K	$11K	—	as long as short
Hyperliquid AIXBT	+0.0100%	1h	0.02237	+0.027%	$372K	$181K	3x	as long as short
Binance AIXBTUSDTlong	+0.0100%	4h	0.02236	long leg	$2.3M	$2.9M	50x
Bybit AIXBTUSDT	+0.0100%	4h	0.02234	−0.089%	$1.2M	$958K	25x	as long as short
OKX AIXBT-USDT-SWAP	+0.0100%	4h	0.02234	−0.089%	$449K	$1.5M	20x	as long as short
Gate AIXBT_USDT	+0.0100%	4h	0.02239	+0.134%	$192K	$79K	25x	as long as short
MEXC AIXBT_USDT	+0.0100%	4h	0.02235	−0.045%	$460K	$179K	100x	as long as short
KuCoin AIXBTUSDTM	+0.0100%	4h	0.02239	+0.134%	$1.1M	$1.4M	30x	as long as short
Bitget AIXBTUSDT	+0.0100%	4h	0.02237	+0.045%	$634K	$458K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX AIXBT-USDTshort	+0.0100%	4h	0.02235	−0.045%	—	$6.6M	—
BloFin AIXBT-USDT	+0.0141%	4h	0.02236	0.000%	$119K	$63K	50x	as long as short
GMX AIXBT/USD [ETH-USDC]	L +0.0269% / S −0.0489%	1h	0.02237	+0.027%	$5K	—	100x	as long as short
Reya AIXBTRUSDPERP	+0.0372%	1h	0.02235	−0.060%	—	—	—	as long as short