Funding arb · Price arb /

AIXBT

all AIXBT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against OKX−0.046%7-day average +0.001% · you buy dearer than you sell

Net, funding: paid 7d − costs−$102as in the Funding arb table

Net, price: spread back to 7d avg − costs−$115as in the Price arb table

costs, in and out, $10k−$1101.101% of the position

Long on OKX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.081%+$8 on $10k

Price spread, last 7 days+0.063%+$6 · spread now −0.046%, 7d avg +0.001%

Together, before fees+0.144%+$14 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: Binance is 0.047% cheaper against OKX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.001%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX AIXBT-USDT-SWAP	0.02277	0.0100	pay 0.0050% / 4h	2h 21m	$458K	$1.7M	20x
Short	Binance AIXBTUSDT	0.02276	0.0100	get 0.0050% / 4h	2h 21m	$2.4M	$3.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against OKX. 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 OKXbpFee BinancebpOrdersPrice spread, now −0.046%Rate

Funding earned: $0
Price spread: −0.046% → +0.001%: −$4.74
Slippage, 4 orders: −$90.08
Fee OKX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$114.82
Costs to cover: 1.101%
Break-even: never at this rate

Slippage from OKX: live order book, 1 min ago; Binance: live order book, 15 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 OKX live order book, 1 min ago	4.40 bp	30.1 bp −$30	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 15 min ago	2.19 bp	25.7 bp −$26	119.8 bp −$1,198	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	−0.1422%	1h	0.02264	−0.556%	$18K	$5K	10x	as long as short
Variational Omni AIXBT	−0.0119%	4h	0.02251	−1.158%	$97K	$11K	—	as long as short
Hyperliquid AIXBT	+0.0100%	1h	0.02280	+0.132%	$390K	$207K	3x	as long as short
Binance AIXBTUSDTshort	+0.0100%	4h	0.02276	−0.046%	$2.4M	$3.7M	50x
Bybit AIXBTUSDT	+0.0100%	4h	0.02272	−0.220%	$1.2M	$1.1M	25x	as long as short
OKX AIXBT-USDT-SWAPlong	+0.0100%	4h	0.02277	long leg	$458K	$1.7M	20x
Gate AIXBT_USDT	+0.0100%	4h	0.02274	−0.132%	$216K	$96K	25x	as long as short
MEXC AIXBT_USDT	+0.0100%	4h	0.02274	−0.132%	$667K	$255K	100x	as long as short
KuCoin AIXBTUSDTM	+0.0100%	4h	0.02275	−0.088%	$1.2M	$1.4M	30x	as long as short
Bitget AIXBTUSDT	+0.0100%	4h	0.02276	−0.044%	$640K	$586K	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-USDT	+0.0100%	4h	0.02276	−0.044%	—	$6.6M	—	as long as short
BloFin AIXBT-USDT	+0.0154%	4h	0.02273	−0.176%	$118K	$82K	50x	as long as short
GMX AIXBT/USD [ETH-USDC]	L +0.0271% / S −0.0486%	1h	0.02274	−0.136%	$5K	—	100x	as long as short
Reya AIXBTRUSDPERP	+0.0372%	1h	0.02275	−0.071%	—	—	—	as long as short