Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.019%
Price spread now: KuCoin against Bitget−0.111%7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$485as in the Funding arb table
Net, price: spread back to 7d avg − costs−$488as in the Price arb table
costs, in and out, $10k−$4834.827% of the position
Funding, last 7 days−0.020%−$2 on $10k
+Price spread, last 4 days (all we have)+0.097%+$10 · spread now −0.111%, 7d avg −0.055%
=Funding pays, the price is against you. KuCoin is 0.056% cheaper against Bitget than usual: you would sell low and buy high (spread −0.111% now, against its 7-day average of −0.055%). If the spread goes back, that is −$6 on $10k: about 45 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget AXTIUSDT | 81.190 | 0 | get 0.0000% / 8h | 6h 47m | $1.7M | $3.2M | 20x |
| Short | KuCoin AXTIUSDTM | 81.100 | 0.0100 | get 0.0100% / 8h | 6h 47m | $636K | $363K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bitget. 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: −0.111% → −0.055%
- −$5.57
- Slippage, 4 orders
- −$458.67
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$467.24
- Costs to cover
- 4.827%
- Break-even
- 162.7 days
Slippage from Bitget: live order book, 5 min ago; KuCoin: live order book, 65 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 Bitget live order book, 5 min ago | 3.07 bp | 25.5 bp −$25 | 31.9 bp −$319 | 105.1 bp −$10.5K | doesn't fit |
| Sell KuCoin live order book, 65 min ago | 23.33 bp | 189.6 bp −$190 | 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 | 81.111 | −0.097% | $8K | $124K | 20x | as long as short |
| Bybit AXTIUSDT | 0.0000% | 8h | 81.130 | −0.074% | $1.9M | $1.3M | 25x | as long as short |
| OKX AXTI-USDT-SWAP | 0.0000% | 8h | 81.110 | −0.099% | $2.8M | $10.3M | 20x | as long as short |
| Gate AXTI_USDT | 0.0000% | 8h | 81.150 | −0.049% | $2.3M | $5.0M | 50x | as long as short |
| Bitget AXTIUSDTlong | 0.0000% | 8h | 81.190 | long leg | $1.7M | $3.2M | 20x | |
| SunX AXTI-USDT | 0.0000% | 8h | 81.220 | +0.037% | $1K | $1.1M | 10x | as long as short |
| HTX AXTI-USDT | 0.0000% | 8h | 81.130 | −0.074% | $20K | $40K | 20x | as long as short |
| QFEX AXTI-USD | +0.0015% | 1h | 81.210 | +0.025% | $1.1M | $2.8M | 10x | as long as short |
| GRVT AXTI_USDT_Perp | +0.0018% | 8h | 81.270 | +0.099% | $827 | $171K | 10x | as long as short |
| Lighter AXTI | +0.0032% | 1h | 81.110 | −0.099% | — | — | 10x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended AXTI-USD | +0.0088% | 1h | 81.118 | −0.089% | $7K | $210K | 10x | as long as short |
| Binance AXTIUSDT | +0.0089% | 8h | 81.142 | −0.059% | $9.0M | $33.3M | 20x | as long as short |
| KuCoin AXTIUSDTMshort | +0.0100% | 8h | 81.100 | −0.111% | $636K | $363K | 20x | |
| Aevo AXTI-PERP | +0.0104% | 1h | 81.143 | −0.057% | — | — | 10x | as long as short |
Bitget AXTIUSDT
KuCoin AXTIUSDTM
Aster AXTIUSDT
Bybit AXTIUSDT
OKX AXTI-USDT-SWAP
Gate AXTI_USDT
SunX AXTI-USDT
HTX AXTI-USDT
GRVT AXTI_USDT_Perp
Lighter AXTI
Extended AXTI-USD
Binance AXTIUSDT