Funding arb · Price arb /

AIXBT

all AIXBT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0386%/8h= +42.2% APRpaid last 24h +0.101%

Price spread now: GMX against Binance−0.016%7-day average — · you buy dearer than you sell

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

Long on Binance Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$12 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance AIXBTUSDT	0.02266	0.0100	pay 0.0050% / 4h	49m 15s	$2.4M	$3.3M	50x
Short	GMX AIXBT/USD [ETH-USDC]	0.02266	L +0.0270% / S −0.0486%	get 0.0061% / 1h	49m 15s	$5K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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 GMXbpOrdersPrice spread, now −0.016%Rate

Funding earned: $81
Price spread: −0.016% → 0.000%: −$1.61
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: $57.39
Costs to cover: 0.220%
Break-even: 2.0 days

Slippage unknown: Binance: live order book, 17 min ago; GMX: 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 Binance live order book, 17 min ago	2.19 bp	24.7 bp −$25	182.4 bp −$1,824	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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.

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	−0.1298%	1h	0.02265	−0.052%	$18K	$7K	10x	as long as short
BloFin AIXBT-USDT	+0.0060%	4h	0.02265	−0.051%	$119K	$76K	50x	as long as short
Hyperliquid AIXBT	+0.0100%	1h	0.02267	+0.024%	$387K	$205K	3x	as long as short
Binance AIXBTUSDTlong	+0.0100%	4h	0.02266	long leg	$2.4M	$3.3M	50x
Bybit AIXBTUSDT	+0.0100%	4h	0.02263	−0.122%	$1.2M	$1.1M	25x	as long as short
OKX AIXBT-USDT-SWAP	+0.0100%	4h	0.02265	−0.051%	$445K	$1.6M	20x	as long as short
Gate AIXBT_USDT	+0.0100%	4h	0.02269	+0.125%	$199K	$101K	25x	as long as short
MEXC AIXBT_USDT	+0.0100%	4h	0.02265	−0.051%	$607K	$223K	100x	as long as short
KuCoin AIXBTUSDTM	+0.0100%	4h	0.02269	+0.125%	$1.2M	$1.4M	30x	as long as short
Bitget AIXBTUSDT	+0.0100%	4h	0.02268	+0.081%	$639K	$534K	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	0.02264	−0.096%	—	$6.6M	—	as long as short
Variational Omni AIXBT	+0.0100%	4h	0.02267	+0.019%	$99K	$10K	—	as long as short
GMX AIXBT/USD [ETH-USDC]short	L +0.0270% / S −0.0486%	1h	0.02266	−0.016%	$5K	—	100x
Reya AIXBTRUSDPERP	+0.0372%	1h	0.02265	−0.068%	—	—	—	as long as short