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 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bitget−0.038%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$155as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$960.963% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.592%−$59 on $10k
Price spread, last 4 days (all we have)+0.002%$0 · spread now −0.038%, 7d avg −0.012%
Together, before fees−0.590%−$59 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: MEXC is 0.026% cheaper against Bitget than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.012%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget AXLUSDT0.052180.0100pay 0.0050% / 4h57m 49s$574K$302K50x
ShortMEXC AXL_USDT0.052160.0100get 0.0050% / 4h57m 49s$348K$159K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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% → −0.012%
−$2.64
Slippage, 4 orders
−$80.31
Fee Bitget: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$98.95
Costs to cover
0.963%
Break-even
never at this rate
Slippage from Bitget: live order book, 17 min ago; MEXC: live order book, 2 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, 17 min ago5.76 bp22.2 bp −$22194.8 bp −$1,948doesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago3.84 bp17.9 bp −$1869.4 bp −$694118.3 bp −$11.8Kdoesn'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%4h0.05214−0.077%$2.3Mas long as short
Aster AXLUSDT+0.0100%4h0.05214−0.083%$34K$6K5xas long as short
Binance AXLUSDT+0.0100%4h0.05217−0.028%$1.8M$4.1M50xas long as short
Bybit AXLUSDT+0.0100%4h0.05215−0.057%$1.4M$1.9M25xas long as short
MEXC AXL_USDTshort+0.0100%4h0.05216−0.038%$348K$159K50x
KuCoin AXLUSDTM+0.0100%4h0.05210−0.153%$437K$93K30xas long as short
Bitget AXLUSDTlong+0.0100%4h0.05218long leg$574K$302K50x
Variational Omni AXL+0.0100%4h0.05206−0.224%$6K$24Kas long as short
BloFin AXL-USDT+0.0138%4h0.05208−0.192%$122K$11K50xas long as short