Settings8H · net · $10k
Funding arb · Price arb /

AXL

all AXL markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.009%
Price spread now: Variational Omni against BingX−0.054%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding pays, the price is against you. Variational Omni is 0.054% cheaper against BingX than usual: you would sell low and buy high (spread −0.054% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 6.0 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX AXL-USDT0.052170.0070pay 0.0035% / 4h2h 54m$2.3M
ShortVariational Omni AXL0.052140.0100get 0.0050% / 4h2h 54m$6K$23K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against BingX. 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

Funding earned
$6.3
Price spread: −0.054% → 0.000%
−$5.38
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$9.08
Costs to cover
0.100%
Break-even
17.1 days
Slippage unknown: BingX: live order book, 8 min ago; Variational Omni: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 8 min ago4.75 bp29.0 bp −$29121.7 bp −$1,217610.6 bp −$61.1K798.7 bp −$399.3K
Sell Variational Omni no order-book sample
Variational Omni: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin AXL-USDT+0.0063%4h0.05211−0.115%$122K$11K50xas long as short
BingX AXL-USDTlong+0.0070%4h0.05217long leg$2.3M
Aster AXLUSDT+0.0100%4h0.05222+0.094%$34K$6K5xas long as short
Binance AXLUSDT+0.0100%4h0.05220+0.058%$1.8M$4.0M50xas long as short
Bybit AXLUSDT+0.0100%4h0.05218+0.019%$1.5M$1.9M25xas long as short
MEXC AXL_USDT+0.0100%4h0.05220+0.058%$329K$161K50xas long as short
KuCoin AXLUSDTM+0.0100%4h0.05221+0.077%$443K$95K30xas long as short
Bitget AXLUSDT+0.0100%4h0.05219+0.038%$566K$299K50xas long as short
Variational Omni AXLshort+0.0100%4h0.05214−0.054%$6K$23K