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+0.0037%/8h= +4.1% APRnext payment +$0.19 per $10,000 · paid last 24h −0.008%
Price spread now: BloFin against Bybit−0.356%7-day average +0.080% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$156as in the Price arb table
costs, in and out, $10k−$1121.121% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.168%+$17 on $10k
Price spread, last 4 days (all we have)+0.349%+$35 · spread now −0.356%, 7d avg +0.080%
Together, before fees+0.517%+$52 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.436% cheaper against Bybit than usual: you would sell low and buy high (spread −0.356% now, against its 7-day average of +0.080%). If the spread goes back, that is −$44 on $10k: about 39 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.168% in total) that is about 18 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit AIXBTUSDT0.022740.0100pay 0.0050% / 4h2h 36m$1.2M$1.1M25x
ShortBloFin AIXBT-USDT0.022660.0137get 0.0069% / 4h2h 36m$121K$82K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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
$7.84
Price spread: −0.356% → +0.080%
−$43.61
Slippage, 4 orders
−$89.09
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$147.86
Costs to cover
1.121%
Break-even
139.1 days
Slippage from Bybit: live order book, 4 min ago; BloFin: live order book, 42 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 Bybit live order book, 4 min ago6.61 bp31.6 bp −$32527.7 bp −$5,277doesn't fitdoesn't fit
Sell BloFin live order book, 42 min ago2.15 bp30.8 bp −$3172.4 bp −$724doesn'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−0.1419%1h0.02270−0.180%$18K$5K10xas long as short
Variational Omni AIXBT−0.0072%4h0.02273−0.043%$100K$10Kas long as short
Hyperliquid AIXBT+0.0100%1h0.02281+0.286%$389K$205K3xas long as short
Binance AIXBTUSDT+0.0100%4h0.02277+0.138%$2.4M$3.6M50xas long as short
Bybit AIXBTUSDTlong+0.0100%4h0.02274long leg$1.2M$1.1M25x
OKX AIXBT-USDT-SWAP+0.0100%4h0.02276+0.084%$463K$1.7M20xas long as short
Gate AIXBT_USDT+0.0100%4h0.02273−0.048%$219K$95K25xas long as short
MEXC AIXBT_USDT+0.0100%4h0.02278+0.171%$669K$243K100xas long as short
KuCoin AIXBTUSDTM+0.0100%4h0.02276+0.084%$1.2M$1.4M30xas long as short
Bitget AIXBTUSDT+0.0100%4h0.02280+0.259%$644K$578K20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX AIXBT-USDT+0.0100%4h0.02273−0.048%$6.6Mas long as short
BloFin AIXBT-USDTshort+0.0137%4h0.02266−0.356%$121K$82K50x
GMX AIXBT/USD [ETH-USDC]L +0.0271% / S −0.0486%1h0.02273−0.035%$5K100xas long as short
Reya AIXBTRUSDPERP+0.0372%1h0.02270−0.173%as long as short