Funding arb · Price arb /

AIXBT

all AIXBT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: OKX against BingX+0.044%7-day average +0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$114as in the Funding arb table

Net, price: spread back to 7d avg − costs−$101as in the Price arb table

costs, in and out, $10k−$1051.052% of the position

Long on BingX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.087%−$9 on $10k

Price spread, last 4 days (all we have)+0.033%+$3 · spread now +0.044%, 7d avg +0.004%

Together, before fees−0.054%−$5 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: OKX is 0.040% dearer against BingX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX AIXBT-USDT	0.02268	0.0100	pay 0.0050% / 4h	2h 49m	—	$6.6M	—
Short	OKX AIXBT-USDT-SWAP	0.02269	0.0100	get 0.0050% / 4h	2h 49m	$462K	$1.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.044%Rate

Funding earned: $0
Price spread: +0.044% → +0.004%: $4.05
Slippage, 4 orders: −$85.25
Fee BingX: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$101.2
Costs to cover: 1.052%
Break-even: never at this rate

Slippage from BingX: live order book, 2 min ago; OKX: live order book, 2 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, 2 min ago	2.21 bp	19.8 bp −$20	106.9 bp −$1,069	659.5 bp −$65.9K	966.3 bp −$483.1K
Sell OKX live order book, 2 min ago	6.64 bp	30.8 bp −$31	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	−0.1563%	1h	0.02264	−0.161%	$18K	$7K	10x	as long as short
Variational Omni AIXBT	−0.0112%	4h	0.02258	−0.434%	$99K	$11K	—	as long as short
Hyperliquid AIXBT	+0.0100%	1h	0.02273	+0.243%	$384K	$195K	3x	as long as short
Binance AIXBTUSDT	+0.0100%	4h	0.02272	+0.173%	$2.4M	$3.1M	50x	as long as short
Bybit AIXBTUSDT	+0.0100%	4h	0.02268	0.000%	$1.2M	$994K	25x	as long as short
OKX AIXBT-USDT-SWAPshort	+0.0100%	4h	0.02269	+0.044%	$462K	$1.5M	20x
Gate AIXBT_USDT	+0.0100%	4h	0.02265	−0.132%	$200K	$99K	25x	as long as short
MEXC AIXBT_USDT	+0.0100%	4h	0.02271	+0.132%	$440K	$194K	100x	as long as short
KuCoin AIXBTUSDTM	+0.0100%	4h	0.02269	+0.044%	$1.2M	$1.4M	30x	as long as short
Bitget AIXBTUSDT	+0.0100%	4h	0.02273	+0.220%	$642K	$487K	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-USDTlong	+0.0100%	4h	0.02268	long leg	—	$6.6M	—
BloFin AIXBT-USDT	+0.0105%	4h	0.02266	−0.088%	$119K	$72K	50x	as long as short
GMX AIXBT/USD [ETH-USDC]	L +0.0270% / S −0.0486%	1h	0.02269	+0.022%	$5K	—	100x	as long as short
Reya AIXBTRUSDPERP	+0.0372%	1h	0.02266	−0.070%	—	—	—	as long as short