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: Bitget against MEXC+0.038%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as 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: Bitget is 0.026% dearer against MEXC than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.012%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC AXL_USDT0.052160.0100pay 0.0050% / 4h57m 39s$348K$159K50x
ShortBitget AXLUSDT0.052180.0100get 0.0050% / 4h57m 39s$574K$302K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against MEXC. 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 MEXC: 2 bp × 2 orders
−$4
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$93.67
Costs to cover
0.963%
Break-even
never at this rate
Slippage from MEXC: live order book, 3 min ago; Bitget: live order book, 17 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 MEXC live order book, 3 min ago3.84 bp15.9 bp −$1660.5 bp −$605106.9 bp −$10.7Kdoesn't fit
Sell Bitget live order book, 17 min ago5.76 bp40.3 bp −$40221.2 bp −$2,212doesn'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%4h0.05214−0.038%$2.3Mas long as short
Aster AXLUSDT+0.0100%4h0.05214−0.045%$34K$6K5xas long as short
Binance AXLUSDT+0.0100%4h0.05216+0.005%$1.8M$4.1M50xas long as short
Bybit AXLUSDT+0.0100%4h0.052160.000%$1.4M$1.9M25xas long as short
MEXC AXL_USDTlong+0.0100%4h0.05216long leg$348K$159K50x
KuCoin AXLUSDTM+0.0100%4h0.05210−0.115%$437K$93K30xas long as short
Bitget AXLUSDTshort+0.0100%4h0.05218+0.038%$574K$302K50x
Variational Omni AXL+0.0100%4h0.05206−0.186%$6K$24Kas long as short
BloFin AXL-USDT+0.0138%4h0.05208−0.153%$122K$11K50xas long as short