Settings8H · net · $10k
Funding arb · Price arb /

AIXBT

all AIXBT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0049%/8h= +5.4% APRnext payment +$0.25 per $10,000 · paid last 24h +0.008%
Price spread now: KuCoin against BloFin−0.468%80s7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$432as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$3993.992% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.326%−$33 on $10k
Price spread, last 4 days (all we have)+0.480%+$48 · spread now −0.468%, 7d avg +0.005%
Together, before fees+0.154%+$15 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.473% cheaper against BloFin than usual: you would sell low and buy high (spread −0.468% now, against its 7-day average of +0.005%). If the spread goes back, that is −$47 on $10k: about 32 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.326%, so the current rate has only just turned in your favour. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin AIXBT-USDT0.023510.0051pay 0.0025% / 4h1h 55m$120K$97K50x
ShortKuCoin AIXBTUSDTM0.023400.0100get 0.0050% / 4h1h 55m$1.2M$1.5M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against BloFin. 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

Funding earned
$10.39
Price spread: −0.468% → +0.005%
−$47.3
Slippage, 4 orders
−$375.18
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$436.09
Costs to cover
3.992%
Break-even
300.9 days
Slippage from BloFin: live order book, 16 min ago; KuCoin: live order book, 10 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 16 min ago6.48 bp15.9 bp −$1654.8 bp −$548doesn't fitdoesn't fit
Sell KuCoin live order book, 10 min ago4.28 bp183.1 bp −$183doesn't fitdoesn't fitdoesn't fit

AIXBT on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_AIXBTUSD−0.2965%1h0.02341−0.407%$19K$5K10xas long as short
Variational Omni AIXBT+0.0028%4h0.02343−0.337%$101K$11Kas long as short
BloFin AIXBT-USDTlong+0.0051%4h0.02351long leg$120K$97K50x
Hyperliquid AIXBT+0.0100%1h0.02343−0.332%$399K$210K3xas long as short
Binance AIXBTUSDT+0.0100%4h0.02340−0.468%$2.5M$3.9M50xas long as short
Bybit AIXBTUSDT+0.0100%4h0.02337−0.617%$1.2M$1.2M25xas long as short
OKX AIXBT-USDT-SWAP+0.0100%4h0.02340−0.468%$496K$1.9M20xas long as short
Gate AIXBT_USDT+0.0100%4h0.02343−0.340%$208K$122K25xas long as short
MEXC AIXBT_USDT+0.0100%4h0.02340−0.468%$683K$259K100xas long as short
KuCoin AIXBTUSDTMshort+0.0100%4h0.02340−0.468%$1.2M$1.5M30x
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AIXBTUSDT+0.0100%4h0.02343−0.340%$658K$604K20xas long as short
BingX AIXBT-USDT+0.0100%4h0.02341−0.425%$6.6Mas long as short
GMX AIXBT/USD [ETH-USDC]L +0.0249% / S −0.0698%1h0.02341−0.442%$3K100xas long as short
Reya AIXBTRUSDPERP+0.0372%1h0.02342−0.399%as long as short