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: Bitget against Bybit0.000%7-day average −0.081% · you sell dearer than you buy
Net, funding: paid 7d − costs−$116as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1381.377% of the position
Funding, last 7 days+0.218%+$22 on $10k
+Price spread, last 4 days (all we have)−0.021%−$2 · spread now 0.000%, 7d avg −0.081%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.081% dearer against Bybit than usual: you sell high and buy low, +$8 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 | Bybit AXLUSDT | 0.05205 | 0.0100 | pay 0.0050% / 4h | 33m 30s | $1.4M | $1.9M | 25x |
| Short | Bitget AXLUSDT | 0.05205 | 0.0100 | get 0.0050% / 4h | 33m 30s | $572K | $294K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: 0.000% → −0.081%
- $8.1
- Slippage, 4 orders
- −$114.74
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$129.63
- Costs to cover
- 1.377%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; Bitget: live order book, 41 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, 3 min ago | 4.80 bp | 36.1 bp −$36 | 202.6 bp −$2,026 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 41 min ago | 5.76 bp | 40.3 bp −$40 | 221.2 bp −$2,212 | 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 | 0.05201 | −0.077% | — | $2.3M | — | as long as short |
| BloFin AXL-USDT | +0.0075% | 4h | 0.05204 | −0.019% | $122K | $11K | 50x | as long as short |
| Aster AXLUSDT | +0.0100% | 4h | 0.05204 | −0.013% | $34K | $6K | 5x | as long as short |
| Binance AXLUSDT | +0.0100% | 4h | 0.05204 | −0.028% | $1.8M | $4.1M | 50x | as long as short |
| Bybit AXLUSDTlong | +0.0100% | 4h | 0.05205 | long leg | $1.4M | $1.9M | 25x | |
| MEXC AXL_USDT | +0.0100% | 4h | 0.05204 | −0.019% | $342K | $162K | 50x | as long as short |
| KuCoin AXLUSDTM | +0.0100% | 4h | 0.05204 | −0.019% | $436K | $94K | 30x | as long as short |
| Bitget AXLUSDTshort | +0.0100% | 4h | 0.05205 | 0.000% | $572K | $294K | 50x | |
| Variational Omni AXL | +0.0100% | 4h | 0.05209 | +0.075% | $6K | $23K | — | as long as short |
Bybit AXLUSDT
Bitget AXLUSDT
BingX AXL-USDT
BloFin AXL-USDT
Aster AXLUSDT
Binance AXLUSDT
MEXC AXL_USDT
KuCoin AXLUSDTM
Variational Omni AXL