Funding you earn now, next payment 00:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.15 per $10,000 · paid last 24h +0.007%
Price spread now: BingX against Aster−0.100%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.100% cheaper against Aster than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster AXLUSDT | 0.05209 | 0.0100 | pay 0.0050% / 4h | 2h 12m | $34K | $6K | 5x |
| Short | BingX AXL-USDT | 0.05204 | 0.0070 | get 0.0035% / 4h | 2h 12m | — | $2.3M | — |
Aster AXLUSDT
BingX AXL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Aster. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$6.3
- Price spread: −0.100% → 0.000%
- −$10.03
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$34.33
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Aster: no order-book sample; BingX: live order book, 5 min ago. Net counts fees only.
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 Aster no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 5 min ago | 3.84 bp | 34.9 bp −$35 | 129.6 bp −$1,296 | 571.9 bp −$57.2K | 759.7 bp −$379.8K |
Aster: 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.
AXL on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX AXL-USDTshort | +0.0070% | 4h | 0.05204 | −0.100% | — | $2.3M | — | |
| BloFin AXL-USDT | +0.0097% | 4h | 0.05197 | −0.235% | $123K | $12K | 50x | as long as short |
| Aster AXLUSDTlong | +0.0100% | 4h | 0.05209 | long leg | $34K | $6K | 5x | |
| Binance AXLUSDT | +0.0100% | 4h | 0.05203 | −0.121% | $1.8M | $4.1M | 50x | as long as short |
| Bybit AXLUSDT | +0.0100% | 4h | 0.05202 | −0.139% | $1.5M | $1.9M | 25x | as long as short |
| MEXC AXL_USDT | +0.0100% | 4h | 0.05203 | −0.119% | $340K | $161K | 50x | as long as short |
| KuCoin AXLUSDTM | +0.0100% | 4h | 0.05206 | −0.062% | $436K | $94K | 30x | as long as short |
| Bitget AXLUSDT | +0.0100% | 4h | 0.05212 | +0.053% | $571K | $298K | 50x | as long as short |
| Variational Omni AXL | +0.0100% | 4h | 0.05205 | −0.076% | $6K | $24K | — | as long as short |
BloFin AXL-USDT
Binance AXLUSDT
Bybit AXLUSDT
MEXC AXL_USDT
KuCoin AXLUSDTM
Bitget AXLUSDT
Variational Omni AXL