Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Gate against KuCoin+0.037%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$497as in the Funding arb table
Net, price: spread back to 7d avg − costs−$474as in the Price arb table
costs, in and out, $10k−$4774.772% of the position
Funding, last 7 days−0.195%−$19 on $10k
+Price spread, last 4 days (all we have)−0.044%−$4 · spread now +0.037%, 7d avg +0.001%
=The price spread pays, funding is against you. Gate is 0.036% dearer against KuCoin than usual: you sell high and buy low (spread +0.037% now, against its 7-day average of +0.001%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 29 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin AXTIUSDTM | 81.120 | 0.0100 | pay 0.0100% / 8h | 21m 26s | $639K | $357K | 20x |
| Short | Gate AXTI_USDT | 81.150 | 0 | get 0.0000% / 8h | 21m 26s | $2.3M | $5.3M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: +0.037% → +0.001%
- $3.62
- Slippage, 4 orders
- −$450.18
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$494.56
- Costs to cover
- 4.772%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 42 min ago; Gate: live order book, 2 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, 42 min ago | 15.51 bp | 219.3 bp −$219 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 7.39 bp | 17.0 bp −$17 | 56.1 bp −$561 | 115.3 bp −$11.5K | 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 | 81.099 | −0.026% | $8K | $124K | 20x | as long as short |
| Extended AXTI-USD | 0.0000% | 1h | 81.185 | +0.080% | $7K | $202K | 10x | as long as short |
| Binance AXTIUSDT | 0.0000% | 8h | 81.200 | +0.099% | $9.2M | $33.3M | 20x | as long as short |
| Bybit AXTIUSDT | 0.0000% | 8h | 81.200 | +0.099% | $1.9M | $1.3M | 25x | as long as short |
| OKX AXTI-USDT-SWAP | 0.0000% | 8h | 81.210 | +0.111% | $2.7M | $10.4M | 20x | as long as short |
| Gate AXTI_USDTshort | 0.0000% | 8h | 81.150 | +0.037% | $2.3M | $5.3M | 50x | |
| Bitget AXTIUSDT | 0.0000% | 8h | 81.210 | +0.111% | $1.7M | $3.5M | 20x | as long as short |
| SunX AXTI-USDT | 0.0000% | 8h | 81.220 | +0.123% | $1K | $1.1M | 10x | as long as short |
| HTX AXTI-USDT | 0.0000% | 8h | 81.220 | +0.123% | $19K | $36K | 20x | as long as short |
| Lighter AXTI | +0.0032% | 1h | 81.130 | +0.012% | — | — | 10x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX AXTI-USD | +0.0048% | 1h | 81.200 | +0.099% | $1.1M | $2.9M | 10x | as long as short |
| GRVT AXTI_USDT_Perp | +0.0076% | 8h | 81.179 | +0.073% | $528 | $184K | 10x | as long as short |
| KuCoin AXTIUSDTMlong | +0.0100% | 8h | 81.120 | long leg | $639K | $357K | 20x | |
| Aevo AXTI-PERP | +0.0104% | 1h | 81.201 | +0.100% | — | — | 10x | as long as short |
KuCoin AXTIUSDTM
Gate AXTI_USDT
Aster AXTIUSDT
Extended AXTI-USD
Binance AXTIUSDT
Bybit AXTIUSDT
OKX AXTI-USDT-SWAP
Bitget AXTIUSDT
SunX AXTI-USDT
HTX AXTI-USDT
Lighter AXTI
GRVT AXTI_USDT_Perp