Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2479 | −0.5557 | get 0.2779% / 4h | 2h 41m | $881K | $4.2M | 20x | Long Bybit | |
| SHORT | 0.2490 | −0.7198 | pay 0.3599% / 4h | 2h 41m | $909K | $273K | — | Short BingX |
Price gap+0.444%
Funding gap−0.1641% /8h
The gap pays +$43 on $10k if it goes back to its 7d average, but funding costs $49 a day and eats that in about 21 hours. At the last 7 days' pace that is about 8 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$29−0.1641% /8h now · paid −0.287% over the last 5 hours (all we have)
Price+$43spread +0.444% now, avg +0.016% → +0.428% if it goes back
Costsno datano order book for BingX
Result, before costs+$14+0.14%no pointscosts unknown: no order book for BingX · What the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.444%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hAXIS on 7 exchanges
lowest funding firstBefore you open
2 ok · 2 to watch- Note: Order book unknown—No order-book sample for BingX: its slippage is not counted.
- Note: Margin at max leverage$500 + —Bybit 20x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval4h / 4hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$49.22Long Bybit: 6 payments, +$166.72; short BingX: 6 payments, −$215.94.
- OK: Entry gap works for you+0.444% vs +0.016%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$881K vs $909K OIBybit sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBybit Yes · BingX YesStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.4329%/8h × 21 periods−$909.06
Price spread+0.444% → +0.016% (7d avg)+$42.76
Slippage, 4 ordersno data for BingX—
Fee Bybit bp × 2 orders−$11.00
Fee BingX bp × 2 orders−$10.00
Net, fees only · 7 days · $10k−$887.29
Costs to cover0.210%Break-evenfrom the start
Slippage: Bybit: live order book, just now; BingX: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGBybit6.0574.9 bp−$75590.4 bp−$5,904doesn’t fitdoesn’t fit
SELL · SHORTBingX—————
Closing costs about the same again.
BingX: no data.
| 10-21 16:27 | Aster | Listing | New perp listing: $AXIS with up to 5x leverage. @Aster_DEX on X ↗ |
| 10-21 16:17 | Aster | Listing | New perp listing: $AXIS with up to 5x leverage. @Aster_DEX on X ↗ |
| 10-21 15:30 | OKX | Listing | #NewPerpsListing: $AXIS @axisrobotics builds the self-improving data engine for Physical AI. AXISUSDT global Perpetual Futures trading is now available on OKX. @okx on X ↗ |
| 10-21 15:21 | Bitget | Listing | new market AXISUSDT ($AXIS) seen by our collector |
| 10-21 15:21 | Aster | Listing | new market AXISUSDT ($AXIS) seen by our collector |
| 10-21 13:59 | OKX | Listing | new market AXIS-USDT-SWAP ($AXIS) seen by our collector |


Aster
OKX
Bitget