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

AXL

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.835%−$83 on $10k · with fees, hour by hour
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget AXLUSDT0.052600.0100pay 0.0050% / 4h3h 59m$573K$311K50x
ShortKuCoin AXLUSDTM0.052620.0100get 0.0050% / 4h3h 59m$436K$95K30x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 56 min ago5.70 bp21.0 bp −$2181.9 bp −$819doesn't fitdoesn't fit
Sell KuCoin live order book, 13 min ago9.50 bp430.3 bp −$430doesn't fitdoesn't fitdoesn't fit

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
BingX AXL-USDT+0.0070%4h0.05262+0.038%$2.3Mas long as short
Aster AXLUSDT+0.0100%4h0.05265+0.103%$35K$7K5xas long as short
Binance AXLUSDT+0.0100%4h0.05260−0.007%$1.8M$4.2M50xas long as short
Bybit AXLUSDT+0.0100%4h0.05259−0.019%$1.5M$2.0M25xas long as short
MEXC AXL_USDT+0.0100%4h0.05263+0.057%$328K$165K50xas long as short
KuCoin AXLUSDTMshort+0.0100%4h0.05262+0.038%$436K$95K30x
Bitget AXLUSDTlong+0.0100%4h0.05260long leg$573K$311K50x
Variational Omni AXL+0.0100%4h0.05267+0.125%$6K$23Kas long as short
BloFin AXL-USDT+0.0157%4h0.05253−0.133%$121K$10K50xas long as short