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: Binance against Bybit−0.039%7-day average −0.148% · you buy dearer than you sell
Net, funding: paid 7d − costs−$176as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1391.390% of the position
Funding, last 7 days−0.365%−$37 on $10k
+Price spread, last 7 days−0.181%−$18 · spread now −0.039%, 7d avg −0.148%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.109% dearer against Bybit than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.148%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit AXLUSDT | 0.05179 | 0.0100 | pay 0.0050% / 4h | 23m 41s | $1.5M | $1.2M | 25x |
| Short | Binance AXLUSDT | 0.05177 | 0.0100 | get 0.0050% / 4h | 23m 41s | $1.8M | $2.9M | 50x |
Bybit AXLUSDT
Binance AXLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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: −0.039% → −0.148%
- $10.92
- Slippage, 4 orders
- −$118.02
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$128.09
- Costs to cover
- 1.390%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 7 min ago; Binance: live order book, 12 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 Bybit live order book, 7 min ago | 5.78 bp | 38.5 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 0.96 bp | 37.6 bp −$38 | 143.4 bp −$1,434 | 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 | 0.05180 | +0.019% | — | $2.3M | — | as long as short |
| Aster AXLUSDT | +0.0100% | 4h | 0.05183 | +0.071% | $34K | $6K | 5x | as long as short |
| Binance AXLUSDTshort | +0.0100% | 4h | 0.05177 | −0.039% | $1.8M | $2.9M | 50x | |
| Bybit AXLUSDTlong | +0.0100% | 4h | 0.05179 | long leg | $1.5M | $1.2M | 25x | |
| MEXC AXL_USDT | +0.0100% | 4h | 0.05177 | −0.039% | $318K | $148K | 50x | as long as short |
| KuCoin AXLUSDTM | +0.0100% | 4h | 0.05187 | +0.154% | $436K | $71K | 30x | as long as short |
| Bitget AXLUSDT | +0.0100% | 4h | 0.05177 | −0.039% | $558K | $285K | 50x | as long as short |
| Variational Omni AXL | +0.0100% | 4h | 0.05185 | +0.107% | $6K | $23K | — | as long as short |
| BloFin AXL-USDT | +0.0109% | 4h | 0.05181 | +0.039% | $116K | $10K | 50x | as long as short |
BingX AXL-USDT
Aster AXLUSDT
MEXC AXL_USDT
KuCoin AXLUSDTM
Bitget AXLUSDT
Variational Omni AXL
BloFin AXL-USDT