Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Binance+0.092%7-day average +0.081% · you sell dearer than you buy
Net, funding: paid 7d − costs−$926as in the Funding arb table
Net, price: spread back to 7d avg − costs−$889as in the Price arb table
costs, in and out, $10k−$8918.906% of the position
Funding, last 7 days−0.356%−$36 on $10k
+Price spread, last 4 days (all we have)+0.170%+$17 · spread now +0.092%, 7d avg +0.081%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance AXLUSDT | 0.05188 | 0.0100 | pay 0.0050% / 4h | 2h 21m | $1.8M | $2.7M | 50x |
| Short | KuCoin AXLUSDTM | 0.05193 | 0.0100 | get 0.0050% / 4h | 2h 21m | $447K | $69K | 30x |
Binance AXLUSDT
KuCoin AXLUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: +0.092% → +0.081%
- $1.09
- Slippage, 4 orders
- −$868.57
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$889.48
- Costs to cover
- 8.906%
- Break-even
- never at this rate
Slippage from Binance: live order book, 7 min ago; KuCoin: live order book, 23 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, 7 min ago | 1.92 bp | 26.7 bp −$27 | 134.9 bp −$1,349 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 23 min ago | 13.49 bp | 440.3 bp −$440 | doesn't fit | doesn't fit | doesn't fit |
AXL on 9 exchanges
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 | 0.05190 | +0.034% | — | $2.3M | — | as long as short |
| Aster AXLUSDT | +0.0100% | 4h | 0.05191 | +0.057% | $34K | $4K | 5x | as long as short |
| Binance AXLUSDTlong | +0.0100% | 4h | 0.05188 | long leg | $1.8M | $2.7M | 50x | |
| Bybit AXLUSDT | +0.0100% | 4h | 0.05192 | +0.073% | $1.5M | $1.1M | 25x | as long as short |
| MEXC AXL_USDT | +0.0100% | 4h | 0.05188 | −0.004% | $315K | $146K | 50x | as long as short |
| KuCoin AXLUSDTMshort | +0.0100% | 4h | 0.05193 | +0.092% | $447K | $69K | 30x | |
| Bitget AXLUSDT | +0.0100% | 4h | 0.05189 | +0.015% | $562K | $310K | 50x | as long as short |
| Variational Omni AXL | +0.0100% | 4h | 0.05191 | +0.062% | $6K | $23K | — | as long as short |
| BloFin AXL-USDT | +0.0121% | 4h | 0.05192 | +0.073% | $117K | $9K | 50x | as long as short |
BingX AXL-USDT
Aster AXLUSDT
Bybit AXLUSDT
MEXC AXL_USDT
Bitget AXLUSDT
Variational Omni AXL
BloFin AXL-USDT