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: Bitget against Binance−0.015%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1211.215% of the position
Funding, last 7 days+0.546%+$55 on $10k
+Price spread, last 4 days (all we have)+0.127%+$13 · spread now −0.015%, 7d avg −0.002%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance AXLUSDT | 0.05265 | 0.0100 | pay 0.0050% / 4h | 3h 43m | $1.9M | $4.1M | 50x |
| Short | Bitget AXLUSDT | 0.05264 | 0.0100 | get 0.0050% / 4h | 3h 43m | $577K | $303K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. 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
- $0
- Price spread: −0.015% → −0.002%
- −$1.25
- Slippage, 4 orders
- −$99.45
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$122.71
- Costs to cover
- 1.215%
- Break-even
- never at this rate
Slippage from Binance: live order book, 8 min ago; Bitget: live order book, 26 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 Binance live order book, 8 min ago | 2.86 bp | 29.4 bp −$29 | 151.7 bp −$1,517 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 26 min ago | 3.83 bp | 39.8 bp −$40 | 242.2 bp −$2,422 | doesn't fit | doesn't fit |
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-USDT | +0.0070% | 4h | 0.05260 | −0.091% | — | $2.3M | — | as long as short |
| Aster AXLUSDT | +0.0100% | 4h | 0.05253 | −0.218% | $34K | $6K | 5x | as long as short |
| Binance AXLUSDTlong | +0.0100% | 4h | 0.05265 | long leg | $1.9M | $4.1M | 50x | |
| Bybit AXLUSDT | +0.0100% | 4h | 0.05266 | +0.023% | $1.5M | $1.9M | 25x | as long as short |
| MEXC AXL_USDT | +0.0100% | 4h | 0.05263 | −0.034% | $342K | $159K | 50x | as long as short |
| KuCoin AXLUSDTM | +0.0100% | 4h | 0.05258 | −0.129% | $440K | $94K | 30x | as long as short |
| Bitget AXLUSDTshort | +0.0100% | 4h | 0.05264 | −0.015% | $577K | $303K | 50x | |
| Variational Omni AXL | +0.0100% | 4h | 0.05245 | −0.382% | $6K | $23K | — | as long as short |
| BloFin AXL-USDT | +0.0116% | 4h | 0.05246 | −0.357% | $122K | $11K | 50x | as long as short |
Binance AXLUSDT
Bitget AXLUSDT
BingX AXL-USDT
Aster AXLUSDT
Bybit AXLUSDT
MEXC AXL_USDT
KuCoin AXLUSDTM
Variational Omni AXL
BloFin AXL-USDT