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: Gate against Binance+0.183%7-day average −0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$187as in the Funding arb table

Net, price: spread back to 7d avg − costs−$169as in the Price arb table

costs, in and out, $10k−$1871.874% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.006%+$1 on $10k

Price spread, last 4 days (all we have)−0.383%−$38 · spread now +0.183%, 7d avg −0.003%

Together, before fees−0.377%−$38 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: Gate is 0.186% dearer against Binance than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of −0.003%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance AIXBTUSDT	0.02246	0.0100	pay 0.0050% / 4h	2h 56m	$2.4M	$2.9M	50x
Short	Gate AIXBT_USDT	0.02250	0.0100	get 0.0050% / 4h	2h 56m	$193K	$79K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.183%Rate

Funding earned: $0
Price spread: +0.183% → −0.003%: $18.6
Slippage, 4 orders: −$162.37
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$168.77
Costs to cover: 1.874%
Break-even: never at this rate

Slippage from Binance: live order book, 9 min ago; Gate: live order book, 27 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, 9 min ago	2.22 bp	22.2 bp −$22	143.9 bp −$1,439	doesn't fit	doesn't fit
Sell Gate live order book, 27 min ago	11.10 bp	67.0 bp −$67	doesn't fit	doesn't fit	doesn't fit

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	−0.1932%	1h	0.02245	−0.025%	$19K	$7K	10x	as long as short
Variational Omni AIXBT	−0.0194%	4h	0.02249	+0.140%	$99K	$11K	—	as long as short
Hyperliquid AIXBT	+0.0100%	1h	0.02247	+0.049%	$374K	$185K	3x	as long as short
Binance AIXBTUSDTlong	+0.0100%	4h	0.02246	long leg	$2.4M	$2.9M	50x
Bybit AIXBTUSDT	+0.0100%	4h	0.02244	−0.093%	$1.2M	$962K	25x	as long as short
OKX AIXBT-USDT-SWAP	+0.0100%	4h	0.02243	−0.129%	$453K	$1.5M	20x	as long as short
Gate AIXBT_USDTshort	+0.0100%	4h	0.02250	+0.183%	$193K	$79K	25x
MEXC AIXBT_USDT	+0.0100%	4h	0.02246	+0.005%	$462K	$178K	100x	as long as short
KuCoin AIXBTUSDTM	+0.0100%	4h	0.02247	+0.049%	$1.1M	$1.4M	30x	as long as short
Bitget AIXBTUSDT	+0.0100%	4h	0.02249	+0.139%	$637K	$459K	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-USDT	+0.0100%	4h	0.02247	+0.049%	—	$6.6M	—	as long as short
BloFin AIXBT-USDT	+0.0117%	4h	0.02246	+0.005%	$119K	$63K	50x	as long as short
GMX AIXBT/USD [ETH-USDC]	L +0.0269% / S −0.0489%	1h	0.02246	+0.009%	$5K	—	100x	as long as short
Reya AIXBTRUSDPERP	+0.0372%	1h	0.02244	−0.093%	—	—	—	as long as short