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: Bybit against Bitget−0.019%7-day average +0.081% · you buy dearer than you sell
Net, funding: paid 7d − costs−$163as in the Funding arb table
Net, price: spread back to 7d avg − costs−$152as in the Price arb table
costs, in and out, $10k−$1421.417% of the position
Funding, last 7 days−0.211%−$21 on $10k
+Price spread, last 4 days (all we have)−0.225%−$22 · spread now −0.019%, 7d avg +0.081%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.100% cheaper against Bitget than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.081%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget AXLUSDT | 0.05262 | 0.0100 | pay 0.0050% / 4h | 54m 15s | $574K | $314K | 50x |
| Short | Bybit AXLUSDT | 0.05261 | 0.0100 | get 0.0050% / 4h | 54m 15s | $1.5M | $2.0M | 25x |
Bitget AXLUSDT
Bybit AXLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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% → +0.081%
- −$10.03
- Slippage, 4 orders
- −$118.74
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$151.77
- Costs to cover
- 1.417%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; Bybit: live order book, 2 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, 1 min ago | 5.70 bp | 21.0 bp −$21 | 81.9 bp −$819 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 3.79 bp | 40.2 bp −$40 | 185.8 bp −$1,858 | 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 | −0.038% | — | $2.3M | — | as long as short |
| Aster AXLUSDT | +0.0100% | 4h | 0.05265 | +0.059% | $35K | $7K | 5x | as long as short |
| Binance AXLUSDT | +0.0100% | 4h | 0.05261 | −0.021% | $1.8M | $4.3M | 50x | as long as short |
| Bybit AXLUSDTshort | +0.0100% | 4h | 0.05261 | −0.019% | $1.5M | $2.0M | 25x | |
| MEXC AXL_USDT | +0.0100% | 4h | 0.05259 | −0.057% | $328K | $167K | 50x | as long as short |
| KuCoin AXLUSDTM | +0.0100% | 4h | 0.05258 | −0.076% | $441K | $93K | 30x | as long as short |
| Bitget AXLUSDTlong | +0.0100% | 4h | 0.05262 | long leg | $574K | $314K | 50x | |
| Variational Omni AXL | +0.0100% | 4h | 0.05272 | +0.183% | $6K | $23K | — | as long as short |
| BloFin AXL-USDT | +0.0134% | 4h | 0.05266 | +0.076% | $122K | $10K | 50x | as long as short |
BingX AXL-USDT
Aster AXLUSDT
Binance AXLUSDT
MEXC AXL_USDT
KuCoin AXLUSDTM
Variational Omni AXL
BloFin AXL-USDT