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: Binance against Bitget−0.019%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$187as in the Funding arb table
Net, price: spread back to 7d avg − costs−$135as in the Price arb table
costs, in and out, $10k−$1321.325% of the position
Funding, last 7 days−0.546%−$55 on $10k
+Price spread, last 4 days (all we have)−0.319%−$32 · spread now −0.019%, 7d avg +0.004%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.023% cheaper against Bitget than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget AXLUSDT | 0.05283 | 0.0100 | pay 0.0050% / 4h | 1h 44m | $572K | $293K | 50x |
| Short | Binance AXLUSDT | 0.05282 | 0.0100 | get 0.0050% / 4h | 1h 44m | $1.9M | $4.1M | 50x |
Bitget AXLUSDT
Binance AXLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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: −0.019% → +0.004%
- −$2.29
- Slippage, 4 orders
- −$110.47
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$134.76
- Costs to cover
- 1.325%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 16 min ago; Binance: live order book, 7 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 Bitget live order book, 16 min ago | 4.72 bp | 30.8 bp −$31 | 200.5 bp −$2,005 | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 2.84 bp | 31.7 bp −$32 | 120.4 bp −$1,204 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin AXL-USDT | +0.0070% | 4h | 0.05283 | 0.000% | $123K | $10K | 50x | as long as short |
| BingX AXL-USDT | +0.0070% | 4h | 0.05285 | +0.038% | — | $2.3M | — | as long as short |
| Aster AXLUSDT | +0.0100% | 4h | 0.05282 | −0.026% | $35K | $6K | 5x | as long as short |
| Binance AXLUSDTshort | +0.0100% | 4h | 0.05282 | −0.019% | $1.9M | $4.1M | 50x | |
| Bybit AXLUSDT | +0.0100% | 4h | 0.05285 | +0.038% | $1.5M | $1.9M | 25x | as long as short |
| MEXC AXL_USDT | +0.0100% | 4h | 0.05282 | −0.019% | $333K | $168K | 50x | as long as short |
| KuCoin AXLUSDTM | +0.0100% | 4h | 0.05275 | −0.151% | $447K | $92K | 30x | as long as short |
| Bitget AXLUSDTlong | +0.0100% | 4h | 0.05283 | long leg | $572K | $293K | 50x | |
| Variational Omni AXL | +0.0100% | 4h | 0.05289 | +0.115% | $6K | $23K | — | as long as short |
BloFin AXL-USDT
BingX AXL-USDT
Aster AXLUSDT
Bybit AXLUSDT
MEXC AXL_USDT
KuCoin AXLUSDTM
Variational Omni AXL