Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.020%
Price spread now: Binance against KuCoin+0.046%7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$453as in the Funding arb table
Net, price: spread back to 7d avg − costs−$443as in the Price arb table
costs, in and out, $10k−$4424.420% of the position
Funding, last 7 days−0.111%−$11 on $10k
+Price spread, last 4 days (all we have)+0.339%+$34 · spread now +0.046%, 7d avg +0.054%
=The price spread sits at its 7-day average of +0.054%, 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 | KuCoin AXTIUSDTM | 78.120 | 0.0100 | pay 0.0100% / 8h | 15m 51s | $601K | $513K | 20x |
| Short | Binance AXTIUSDT | 78.156 | 0 | get 0.0000% / 8h | 15m 51s | $8.3M | $35.5M | 20x |
KuCoin AXTIUSDTM
Binance AXTIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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: +0.046% → +0.054%
- −$0.8
- Slippage, 4 orders
- −$420.04
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$463.84
- Costs to cover
- 4.420%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 18 min ago; Binance: live order book, 11 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 KuCoin live order book, 18 min ago | 25.49 bp | 236.7 bp −$237 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 1.91 bp | 18.0 bp −$18 | 54.3 bp −$543 | 128.3 bp −$12.8K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget AXTIUSDT | −0.1629% | 8h | 78.300 | +0.230% | $1.1M | $3.9M | 20x | as long as short |
| Aster AXTIUSDT | 0.0000% | 8h | 78.175 | +0.070% | $7K | $124K | 20x | as long as short |
| Extended AXTI-USD | 0.0000% | 1h | 78.136 | +0.021% | $6K | $292K | 10x | as long as short |
| Binance AXTIUSDTshort | 0.0000% | 8h | 78.156 | +0.046% | $8.3M | $35.5M | 20x | |
| Bybit AXTIUSDT | 0.0000% | 8h | 78.150 | +0.038% | $1.8M | $1.4M | 25x | as long as short |
| OKX AXTI-USDT-SWAP | 0.0000% | 8h | 78.150 | +0.038% | $2.6M | $11.5M | 20x | as long as short |
| Gate AXTI_USDT | 0.0000% | 8h | 78.170 | +0.064% | $1.6M | $6.2M | 50x | as long as short |
| GRVT AXTI_USDT_Perp | 0.0000% | 8h | 78.284 | +0.210% | $395 | $206K | 10x | as long as short |
| SunX AXTI-USDT | 0.0000% | 8h | 78.260 | +0.179% | $1K | $934K | 10x | as long as short |
| HTX AXTI-USDT | 0.0000% | 8h | 78.170 | +0.064% | $19K | $44K | 20x | as long as short |
Bitget AXTIUSDT
Aster AXTIUSDT
Extended AXTI-USD
Bybit AXTIUSDT
OKX AXTI-USDT-SWAP
Gate AXTI_USDT
GRVT AXTI_USDT_Perp
SunX AXTI-USDT
HTX AXTI-USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX AXTI-USD | +0.0011% | 1h | 78.190 | +0.090% | $1.1M | $1.9M | 10x | as long as short |
| Lighter AXTI | +0.0032% | 1h | 78.100 | −0.026% | — | — | 10x | as long as short |
| KuCoin AXTIUSDTMlong | +0.0100% | 8h | 78.120 | long leg | $601K | $513K | 20x | |
| Aevo AXTI-PERP | +0.0104% | 1h | 78.153 | +0.043% | — | — | 10x | as long as short |
QFEX AXTI-USD
Lighter AXTI
Aevo AXTI-PERP