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

AIXBT

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.3065%/8h= −335.6% APRpaid last 24h −0.306%
Price spread now: Kraken Futures against MEXC−0.024%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$92 a day on $10k at the current rate, and Kraken Futures is 0.024% cheaper against MEXC than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC AIXBT_USDT0.023420.0100pay 0.0050% / 4h1h 56m$683K$259K100x
ShortKraken Futures PF_AIXBTUSD0.02341−0.2965pay 0.0371% / 1h56m 19s$19K$5K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against MEXC. 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
−$643.62
Price spread: −0.024% → 0.000%
−$2.42
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$660.04
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: MEXC: live order book, 40 min ago; Kraken Futures: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 40 min ago2.19 bp15.0 bp −$1558.4 bp −$584132.6 bp −$13.3Kdoesn't fit
Sell Kraken Futures no order-book sample
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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_AIXBTUSDshort−0.2965%1h0.02341−0.024%$19K$5K10x
Variational Omni AIXBT+0.0028%4h0.02343+0.046%$101K$11Kas long as short
BloFin AIXBT-USDT+0.0051%4h0.02351+0.384%$120K$97K50xas long as short
Hyperliquid AIXBT+0.0100%1h0.02344+0.090%$399K$210K3xas long as short
Binance AIXBTUSDT+0.0100%4h0.02342−0.015%$2.5M$3.9M50xas long as short
Bybit AIXBTUSDT+0.0100%4h0.02337−0.213%$1.2M$1.2M25xas long as short
OKX AIXBT-USDT-SWAP+0.0100%4h0.02341−0.043%$495K$1.9M20xas long as short
Gate AIXBT_USDT+0.0100%4h0.02344+0.085%$208K$122K25xas long as short
MEXC AIXBT_USDTlong+0.0100%4h0.02342long leg$683K$259K100x
KuCoin AIXBTUSDTM+0.0100%4h0.02341−0.043%$1.2M$1.5M30xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AIXBTUSDT+0.0100%4h0.02344+0.085%$659K$604K20xas long as short
BingX AIXBT-USDT+0.0100%4h0.02341−0.043%$6.6Mas long as short
GMX AIXBT/USD [ETH-USDC]L +0.0249% / S −0.0698%1h0.02341−0.060%$3K100xas long as short
Reya AIXBTRUSDPERP+0.0372%1h0.02342−0.016%as long as short