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: MEXC against KuCoin+0.088%7-day average −0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs−$393as in the Funding arb table

Net, price: spread back to 7d avg − costs−$399as in the Price arb table

costs, in and out, $10k−$4104.099% of the position

Long on KuCoin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.172%+$17 on $10k

Price spread, last 4 days (all we have)−0.040%−$4 · spread now +0.088%, 7d avg −0.019%

Together, before fees+0.132%+$13 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: MEXC is 0.107% dearer against KuCoin than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.019%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin AIXBTUSDTM	0.02268	0.0100	pay 0.0050% / 4h	3h 53m	$1.2M	$1.4M	30x
Short	MEXC AIXBT_USDT	0.02270	0.0100	get 0.0050% / 4h	3h 53m	$475K	$185K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against KuCoin. 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 KuCoinbpFee MEXCbpOrdersPrice spread, now +0.088%Rate

Funding earned: $0
Price spread: +0.088% → −0.019%: $10.74
Slippage, 4 orders: −$393.95
Fee KuCoin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$399.21
Costs to cover: 4.099%
Break-even: never at this rate

Slippage from KuCoin: live order book, 2 min ago; MEXC: live order book, 10 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 KuCoin live order book, 2 min ago	4.42 bp	202.6 bp −$203	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 10 min ago	2.20 bp	14.0 bp −$14	52.1 bp −$521	136.8 bp −$13.7K	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	−0.1547%	1h	0.02270	+0.071%	$18K	$7K	10x	as long as short
Bybit AIXBTUSDT	−0.0196%	4h	0.02266	−0.097%	$1.2M	$983K	25x	as long as short
BloFin AIXBT-USDT	+0.0080%	4h	0.02262	−0.265%	$118K	$64K	50x	as long as short
Variational Omni AIXBT	+0.0100%	4h	0.02270	+0.075%	$100K	$11K	—	as long as short
Hyperliquid AIXBT	+0.0100%	1h	0.02269	+0.066%	$376K	$180K	3x	as long as short
Binance AIXBTUSDT	+0.0100%	4h	0.02269	+0.051%	$2.4M	$2.9M	50x	as long as short
OKX AIXBT-USDT-SWAP	+0.0100%	4h	0.02266	−0.088%	$459K	$1.5M	20x	as long as short
Gate AIXBT_USDT	+0.0100%	4h	0.02270	+0.088%	$202K	$96K	25x	as long as short
MEXC AIXBT_USDTshort	+0.0100%	4h	0.02270	+0.088%	$475K	$185K	100x
KuCoin AIXBTUSDTMlong	+0.0100%	4h	0.02268	long leg	$1.2M	$1.4M	30x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget AIXBTUSDT	+0.0100%	4h	0.02271	+0.132%	$639K	$462K	20x	as long as short
BingX AIXBT-USDT	+0.0100%	4h	0.02269	+0.044%	—	$6.6M	—	as long as short
GMX AIXBT/USD [ETH-USDC]	L +0.0270% / S −0.0489%	1h	0.02266	−0.071%	$5K	—	100x	as long as short
Reya AIXBTRUSDPERP	+0.0372%	1h	0.02265	−0.136%	—	—	—	as long as short