Funding you earn now, next payment 08:00 UTC+0.0007%/8h= +0.7% APRnext payment +$0.07 per $10,000 · paid last 24h +0.018%
Price spread now: Binance against Bybit+0.037%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$700.696% of the position
Funding, last 7 days+0.064%+$6 on $10k
+Price spread, last 2 days (all we have)+0.030%+$3 · spread now +0.037%, 7d avg +0.033%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit AXTIUSDT | 81.590 | 0.0065 | pay 0.0065% / 8h | 7h 56m | $1.9M | $1.3M | 25x |
| Short | Binance AXTIUSDT | 81.620 | 0.0071 | get 0.0071% / 8h | 7h 56m | $9.2M | $33.5M | 20x |
Bybit AXTIUSDT
Binance AXTIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- $1.42
- Price spread: +0.037% → +0.033%
- $0.35
- Slippage, 4 orders
- −$48.56
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$67.79
- Costs to cover
- 0.696%
- Break-even
- 340.8 days
Slippage from Bybit: live order book, 10 min ago; Binance: live order book, 15 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 Bybit live order book, 10 min ago | 5.53 bp | 14.9 bp −$15 | 180.0 bp −$1,800 | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 1.85 bp | 13.4 bp −$13 | 49.6 bp −$496 | 135.3 bp −$13.5K | 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 | 81.516 | −0.091% | $8K | $124K | 20x | as long as short |
| OKX AXTI-USDT-SWAP | 0.0000% | 8h | 81.550 | −0.049% | $2.8M | $10.5M | 20x | as long as short |
| Gate AXTI_USDT | 0.0000% | 8h | 81.540 | −0.061% | $2.3M | $5.0M | 50x | as long as short |
| Bitget AXTIUSDT | 0.0000% | 8h | 81.550 | −0.049% | $1.7M | $3.4M | 20x | as long as short |
| SunX AXTI-USDT | 0.0000% | 8h | 81.620 | +0.037% | $976 | $1.1M | 10x | as long as short |
| HTX AXTI-USDT | 0.0000% | 8h | 81.510 | −0.098% | $19K | $38K | 20x | as long as short |
| Lighter AXTI | +0.0032% | 1h | 81.500 | −0.110% | — | — | 10x | as long as short |
| QFEX AXTI-USD | +0.0039% | 1h | 81.640 | +0.061% | $1.1M | $2.9M | 10x | as long as short |
| Extended AXTI-USD | +0.0064% | 1h | 81.535 | −0.068% | $7K | $202K | 10x | as long as short |
| Bybit AXTIUSDTlong | +0.0065% | 8h | 81.590 | long leg | $1.9M | $1.3M | 25x |
Aster AXTIUSDT
OKX AXTI-USDT-SWAP
Gate AXTI_USDT
Bitget AXTIUSDT
SunX AXTI-USDT
HTX AXTI-USDT
Lighter AXTI
QFEX AXTI-USD
Extended AXTI-USDShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance AXTIUSDTshort | +0.0071% | 8h | 81.620 | +0.037% | $9.2M | $33.5M | 20x | |
| KuCoin AXTIUSDTM | +0.0100% | 8h | 81.490 | −0.123% | $642K | $362K | 20x | as long as short |
| Aevo AXTI-PERP | +0.0104% | 1h | 81.567 | −0.028% | — | — | 10x | as long as short |
| GRVT AXTI_USDT_Perp | +0.0168% | 8h | 81.290 | −0.368% | $376 | $181K | 10x | as long as short |
KuCoin AXTIUSDTM
Aevo AXTI-PERP
GRVT AXTI_USDT_Perp