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: Binance against BingX−0.032%7-day average +0.014% · you buy dearer than you sell

Net, funding: paid 7d − costs−$87as in the Funding arb table

Net, price: spread back to 7d avg − costs−$91as in the Price arb table

costs, in and out, $10k−$860.863% of the position

Long on BingX Short on Binance

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+0.066%+$7 · spread now −0.032%, 7d avg +0.014%

Together, before fees+0.059%+$6 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: Binance is 0.045% cheaper against BingX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.014%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX AIXBT-USDT	0.02266	0.0100	pay 0.0050% / 4h	31m 23s	—	$6.6M	—
Short	Binance AIXBTUSDT	0.02265	0.0100	get 0.0050% / 4h	31m 23s	$2.4M	$2.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BingX. 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 BingXbpFee BinancebpOrdersPrice spread, now −0.032%Rate

Funding earned: $0
Price spread: −0.032% → +0.014%: −$4.55
Slippage, 4 orders: −$66.28
Fee BingX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$90.82
Costs to cover: 0.863%
Break-even: never at this rate

Slippage from BingX: live order book, 6 min ago; Binance: live order book, 4 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 BingX live order book, 6 min ago	2.21 bp	17.7 bp −$18	63.6 bp −$636	646.8 bp −$64.7K	1003.0 bp −$501.5K
Sell Binance live order book, 4 min ago	2.21 bp	26.0 bp −$26	105.7 bp −$1,057	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	−0.1245%	1h	0.02265	−0.037%	$18K	$7K	10x	as long as short
Hyperliquid AIXBT	+0.0100%	1h	0.02268	+0.097%	$376K	$180K	3x	as long as short
Binance AIXBTUSDTshort	+0.0100%	4h	0.02265	−0.032%	$2.4M	$2.9M	50x
Bybit AIXBTUSDT	+0.0100%	4h	0.02264	−0.093%	$1.2M	$975K	25x	as long as short
OKX AIXBT-USDT-SWAP	+0.0100%	4h	0.02267	+0.044%	$461K	$1.5M	20x	as long as short
Gate AIXBT_USDT	+0.0100%	4h	0.02268	+0.088%	$194K	$80K	25x	as long as short
MEXC AIXBT_USDT	+0.0100%	4h	0.02266	0.000%	$458K	$186K	100x	as long as short
KuCoin AIXBTUSDTM	+0.0100%	4h	0.02265	−0.044%	$1.2M	$1.4M	30x	as long as short
Bitget AIXBTUSDT	+0.0100%	4h	0.02270	+0.177%	$645K	$455K	20x	as long as short
BingX AIXBT-USDTlong	+0.0100%	4h	0.02266	long leg	—	$6.6M	—

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni AIXBT	+0.0100%	4h	0.02263	−0.144%	$100K	$11K	—	as long as short
BloFin AIXBT-USDT	+0.0144%	4h	0.02268	+0.088%	$119K	$64K	50x	as long as short
GMX AIXBT/USD [ETH-USDC]	L +0.0270% / S −0.0489%	1h	0.02267	+0.040%	$5K	—	100x	as long as short
Reya AIXBTRUSDPERP	+0.0372%	1h	0.02265	−0.023%	—	—	—	as long as short