Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bitget+0.038%7-day average +0.084% · you sell dearer than you buy
Net, funding: paid 7d − costs−$935as in the Funding arb table
Net, price: spread back to 7d avg − costs−$857as in the Price arb table
costs, in and out, $10k−$8528.522% of the position
Funding, last 7 days−0.830%−$83 on $10k
+Price spread, last 4 days (all we have)−0.005%$0 · spread now +0.038%, 7d avg +0.084%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.046% cheaper against Bitget than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.084%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget AXLUSDT | 0.05260 | 0.0100 | pay 0.0050% / 4h | 3h 59m | $573K | $311K | 50x |
| Short | KuCoin AXLUSDTM | 0.05262 | 0.0100 | get 0.0050% / 4h | 3h 59m | $436K | $95K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: +0.038% → +0.084%
- −$4.59
- Slippage, 4 orders
- −$828.16
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$856.74
- Costs to cover
- 8.522%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 56 min ago; KuCoin: live order book, 13 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, 56 min ago | 5.70 bp | 21.0 bp −$21 | 81.9 bp −$819 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 13 min ago | 9.50 bp | 430.3 bp −$430 | doesn't fit | 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 | 0.05262 | +0.038% | — | $2.3M | — | as long as short |
| Aster AXLUSDT | +0.0100% | 4h | 0.05265 | +0.103% | $35K | $7K | 5x | as long as short |
| Binance AXLUSDT | +0.0100% | 4h | 0.05260 | −0.007% | $1.8M | $4.2M | 50x | as long as short |
| Bybit AXLUSDT | +0.0100% | 4h | 0.05259 | −0.019% | $1.5M | $2.0M | 25x | as long as short |
| MEXC AXL_USDT | +0.0100% | 4h | 0.05263 | +0.057% | $328K | $165K | 50x | as long as short |
| KuCoin AXLUSDTMshort | +0.0100% | 4h | 0.05262 | +0.038% | $436K | $95K | 30x | |
| Bitget AXLUSDTlong | +0.0100% | 4h | 0.05260 | long leg | $573K | $311K | 50x | |
| Variational Omni AXL | +0.0100% | 4h | 0.05267 | +0.125% | $6K | $23K | — | as long as short |
| BloFin AXL-USDT | +0.0157% | 4h | 0.05253 | −0.133% | $121K | $10K | 50x | as long as short |
Bitget AXLUSDT
KuCoin AXLUSDTM
BingX AXL-USDT
Aster AXLUSDT
Binance AXLUSDT
Bybit AXLUSDT
MEXC AXL_USDT
Variational Omni AXL
BloFin AXL-USDT