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: Bitget against BingX+0.133%7-day average +0.084% · you sell dearer than you buy

Net, funding: paid 7d − costs−$90as in the Funding arb table

Net, price: spread back to 7d avg − costs−$79as in the Price arb table

costs, in and out, $10k−$840.841% of the position

Long on BingX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.064%−$6 on $10k

Price spread, last 4 days (all we have)−0.013%−$1 · spread now +0.133%, 7d avg +0.084%

Together, before fees−0.077%−$8 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: Bitget is 0.049% dearer against BingX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.084%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX AIXBT-USDT	0.02248	0.0100	pay 0.0050% / 4h	2h 15m	—	$6.6M	—
Short	Bitget AIXBTUSDT	0.02251	0.0100	get 0.0050% / 4h	2h 15m	$638K	$458K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.133%Rate

Funding earned: $0
Price spread: +0.133% → +0.084%: $4.91
Slippage, 4 orders: −$62.11
Fee BingX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$79.2
Costs to cover: 0.841%
Break-even: never at this rate

Slippage from BingX: live order book, 6 min ago; Bitget: live order book, 5 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	2.22 bp	18.0 bp −$18	92.5 bp −$925	634.9 bp −$63.5K	949.6 bp −$474.8K
Sell Bitget live order book, 5 min ago	8.89 bp	22.1 bp −$22	79.7 bp −$797	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	−0.1928%	1h	0.02249	+0.054%	$20K	$7K	10x	as long as short
Variational Omni AIXBT	−0.0066%	4h	0.02246	−0.072%	$99K	$11K	—	as long as short
BloFin AIXBT-USDT	+0.0088%	4h	0.02247	−0.044%	$118K	$63K	50x	as long as short
Hyperliquid AIXBT	+0.0100%	1h	0.02250	+0.102%	$374K	$179K	3x	as long as short
Binance AIXBTUSDT	+0.0100%	4h	0.02249	+0.049%	$2.4M	$2.9M	50x	as long as short
Bybit AIXBTUSDT	+0.0100%	4h	0.02246	−0.093%	$1.2M	$958K	25x	as long as short
OKX AIXBT-USDT-SWAP	+0.0100%	4h	0.02247	−0.044%	$448K	$1.5M	20x	as long as short
Gate AIXBT_USDT	+0.0100%	4h	0.02247	−0.044%	$193K	$79K	25x	as long as short
MEXC AIXBT_USDT	+0.0100%	4h	0.02249	+0.044%	$458K	$181K	100x	as long as short
KuCoin AIXBTUSDTM	+0.0100%	4h	0.02249	+0.044%	$1.2M	$1.4M	30x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget AIXBTUSDTshort	+0.0100%	4h	0.02251	+0.133%	$638K	$458K	20x
BingX AIXBT-USDTlong	+0.0100%	4h	0.02248	long leg	—	$6.6M	—
GMX AIXBT/USD [ETH-USDC]	L +0.0269% / S −0.0489%	1h	0.02249	+0.062%	$5K	—	100x	as long as short
Reya AIXBTRUSDPERP	+0.0372%	1h	0.02247	−0.027%	—	—	—	as long as short