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

AXL

all AXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0030%/8h= −3.3% APRnext payment $0.15 per $10,000 · paid last 24h −0.009%
Price spread now: BingX against Variational Omni+0.075%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
The price spread pays, funding is against you. BingX is 0.075% dearer against Variational Omni than usual: you sell high and buy low (spread +0.075% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 8.3 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni AXL0.052330.0100pay 0.0050% / 4h2h 57m$5K$24K
ShortBingX AXL-USDT0.052370.0070get 0.0035% / 4h2h 57m$2.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Variational Omni. 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
−$6.3
Price spread: +0.075% → 0.000%
$7.49
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BingX: 5 bp × 2 orders
−$10
Net
−$8.81
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Variational Omni: no order-book sample; BingX: live order book, 6 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni no order-book sample
Sell BingX live order book, 6 min ago7.63 bp38.5 bp −$39141.1 bp −$1,411655.2 bp −$65.5K865.0 bp −$432.5K
Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
BloFin AXL-USDT+0.0069%4h0.05235+0.037%$125K$12K50xas long as short
BingX AXL-USDTshort+0.0070%4h0.05237+0.075%$2.3M
Bybit AXLUSDT+0.0092%4h0.05237+0.075%$1.5M$1.9M25xas long as short
Aster AXLUSDT+0.0100%4h0.05236+0.049%$34K$6K5xas long as short
Binance AXLUSDT+0.0100%4h0.052330.000%$1.9M$4.1M50xas long as short
MEXC AXL_USDT+0.0100%4h0.05235+0.037%$343K$158K50xas long as short
KuCoin AXLUSDTM+0.0100%4h0.05240+0.132%$439K$94K30xas long as short
Bitget AXLUSDT+0.0100%4h0.05236+0.056%$579K$298K50xas long as short
Variational Omni AXLlong+0.0100%4h0.05233long leg$5K$24K