Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.002%
Price spread now: KuCoin against Binance−0.074%7-day average −0.085% · you buy dearer than you sell
Net, funding: paid 7d − costs−$465as in the Funding arb table
Net, price: spread back to 7d avg − costs−$474as in the Price arb table
costs, in and out, $10k−$4754.751% of the position
Funding, last 7 days+0.096%+$10 on $10k
+Price spread, last 2 days (all we have)−0.069%−$7 · spread now −0.074%, 7d avg −0.085%
=The price spread sits at its 7-day average of −0.085%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance AXTIUSDT | 80.950 | 0 | get 0.0000% / 8h | 44m 12s | $9.1M | $33.2M | 20x |
| Short | KuCoin AXTIUSDTM | 80.890 | 0.0100 | get 0.0100% / 8h | 44m 12s | $638K | $355K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Binance. 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
- $21
- Price spread: −0.074% → −0.085%
- $1.08
- Slippage, 4 orders
- −$453.1
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$453.02
- Costs to cover
- 4.751%
- Break-even
- 158.0 days
Slippage from Binance: live order book, 12 min ago; KuCoin: live order book, 19 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 Binance live order book, 12 min ago | 0.62 bp | 12.6 bp −$13 | 49.5 bp −$495 | 98.6 bp −$9,860 | doesn't fit |
| Sell KuCoin live order book, 19 min ago | 15.51 bp | 224.1 bp −$224 | doesn't fit | doesn't fit | doesn't fit |
AXTI on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster AXTIUSDT | 0.0000% | 8h | 80.857 | −0.115% | $8K | $124K | 20x | as long as short |
| Extended AXTI-USD | 0.0000% | 1h | 80.935 | −0.018% | $7K | $202K | 10x | as long as short |
| Binance AXTIUSDTlong | 0.0000% | 8h | 80.950 | long leg | $9.1M | $33.2M | 20x | |
| Bybit AXTIUSDT | 0.0000% | 8h | 80.890 | −0.074% | $1.9M | $1.3M | 25x | as long as short |
| OKX AXTI-USDT-SWAP | 0.0000% | 8h | 80.960 | +0.012% | $2.7M | $10.4M | 20x | as long as short |
| Gate AXTI_USDT | 0.0000% | 8h | 80.850 | −0.124% | $2.3M | $5.3M | 50x | as long as short |
| Bitget AXTIUSDT | 0.0000% | 8h | 80.960 | +0.012% | $1.7M | $3.4M | 20x | as long as short |
| GRVT AXTI_USDT_Perp | 0.0000% | 8h | 80.890 | −0.075% | $81 | $186K | 10x | as long as short |
| SunX AXTI-USDT | 0.0000% | 8h | 80.990 | +0.049% | $961 | $1.1M | 10x | as long as short |
| HTX AXTI-USDT | 0.0000% | 8h | 80.920 | −0.037% | $19K | $36K | 20x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter AXTI | +0.0032% | 1h | 80.910 | −0.049% | — | — | 10x | as long as short |
| QFEX AXTI-USD | +0.0048% | 1h | 80.940 | −0.012% | $1.1M | $2.9M | 10x | as long as short |
| KuCoin AXTIUSDTMshort | +0.0100% | 8h | 80.890 | −0.074% | $638K | $355K | 20x | |
| Aevo AXTI-PERP | +0.0104% | 1h | 80.936 | −0.017% | — | — | 10x | as long as short |
Binance AXTIUSDT
KuCoin AXTIUSDTM
Aster AXTIUSDT
Extended AXTI-USD
Bybit AXTIUSDT
OKX AXTI-USDT-SWAP
Gate AXTI_USDT
Bitget AXTIUSDT
GRVT AXTI_USDT_Perp
SunX AXTI-USDT
HTX AXTI-USDT
Lighter AXTI