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

AXL

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against KuCoin0.000%7-day average −0.099% · you sell dearer than you buy
Net, funding: paid 7d − costs−$822as in the Funding arb table
Net, price: spread back to 7d avg − costs−$847as in the Price arb table
costs, in and out, $10k−$8578.572% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.356%+$36 on $10k
Price spread, last 4 days (all we have)−0.198%−$20 · spread now 0.000%, 7d avg −0.099%
Together, before fees+0.159%+$16 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 0.099% dearer against KuCoin than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.099%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin AXLUSDTM0.052470.0100pay 0.0050% / 4h3h 54m$439K$94K30x
ShortMEXC AXL_USDT0.052470.0100get 0.0050% / 4h3h 54m$343K$158K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against KuCoin. 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: 0.000% → −0.099%
$9.86
Slippage, 4 orders
−$841.18
Fee KuCoin: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$847.32
Costs to cover
8.572%
Break-even
never at this rate
Slippage from KuCoin: live order book, 67 min ago; MEXC: live order book, just now.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 67 min ago8.64 bp397.8 bp −$398doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, just now1.90 bp13.5 bp −$1368.2 bp −$682128.6 bp −$12.9Kdoesn'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−0.0494%4h0.052470.000%$2.3Mas long as short
Bybit AXLUSDT−0.0102%4h0.05251+0.076%$1.5M$1.9M25xas long as short
Aster AXLUSDT+0.0100%4h0.05249+0.036%$34K$6K5xas long as short
Binance AXLUSDT+0.0100%4h0.052470.000%$1.9M$4.1M50xas long as short
MEXC AXL_USDTshort+0.0100%4h0.052470.000%$343K$158K50x
KuCoin AXLUSDTMlong+0.0100%4h0.05247long leg$439K$94K30x
Bitget AXLUSDT+0.0100%4h0.05249+0.038%$577K$301K50xas long as short
Variational Omni AXL+0.0100%4h0.05263+0.301%$6K$23Kas long as short
BloFin AXL-USDT+0.0121%4h0.05252+0.095%$121K$11K50xas long as short