Funding you earn now, next payment 07:00 UTC−0.0075%/8h= −8.2% APRpaid last 24h −0.023%
Price spread now: QFEX against KuCoin+0.026%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$388as in the Price arb table
costs, in and out, $10k−$3863.864% of the position
Funding, last 4 days (all we have)−0.078%−$8 on $10k
+Price spread, last 4 days (all we have)−0.026%−$3 · spread now +0.026%, 7d avg +0.044%
=The price spread sits at its 7-day average of +0.044%, so right now this pair is about funding alone: −$2 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 | 77.820 | 0.0100 | pay 0.0100% / 8h | 1h 25m | $599K | $512K | 20x |
| Short | QFEX AXTI-USD | 77.840 | 0.0025 | get 0.0003% / 1h | 25m 13s | $1.1M | $1.8M | 10x |
KuCoin AXTIUSDTM
QFEX AXTI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$15.78
- Price spread: +0.026% → +0.044%
- −$1.86
- Slippage, 4 orders
- −$364.41
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$404.05
- Costs to cover
- 3.864%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 19 min ago; QFEX: live order book, 7 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, 19 min ago | 23.74 bp | 198.2 bp −$198 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 7 min ago | 3.88 bp | 10.2 bp −$10 | 21.9 bp −$219 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget AXTIUSDT | −0.2338% | 8h | 77.980 | +0.206% | $1.2M | $3.7M | 20x | as long as short |
| Aster AXTIUSDT | 0.0000% | 8h | 77.806 | −0.018% | $7K | $124K | 20x | as long as short |
| Extended AXTI-USD | 0.0000% | 1h | 77.871 | +0.066% | $7K | $210K | 10x | as long as short |
| Binance AXTIUSDT | 0.0000% | 8h | 77.887 | +0.086% | $8.3M | $35.0M | 20x | as long as short |
| Bybit AXTIUSDT | 0.0000% | 8h | 77.890 | +0.090% | $1.8M | $1.3M | 25x | as long as short |
| OKX AXTI-USDT-SWAP | 0.0000% | 8h | 77.850 | +0.039% | $2.6M | $11.2M | 20x | as long as short |
| Gate AXTI_USDT | 0.0000% | 8h | 77.890 | +0.090% | $1.6M | $6.1M | 50x | as long as short |
| GRVT AXTI_USDT_Perp | 0.0000% | 8h | 77.665 | −0.200% | $298 | $203K | 10x | as long as short |
| SunX AXTI-USDT | 0.0000% | 8h | 77.530 | −0.373% | $1K | $943K | 10x | as long as short |
| HTX AXTI-USDT | 0.0000% | 8h | 77.670 | −0.193% | $19K | $44K | 20x | as long as short |
Bitget AXTIUSDT
Aster AXTIUSDT
Extended AXTI-USD
Binance AXTIUSDT
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-USDshort | +0.0025% | 1h | 77.840 | +0.026% | $1.1M | $1.8M | 10x | |
| Lighter AXTI | +0.0032% | 1h | 77.890 | +0.090% | — | — | 10x | as long as short |
| KuCoin AXTIUSDTMlong | +0.0100% | 8h | 77.820 | long leg | $599K | $512K | 20x | |
| Aevo AXTI-PERP | +0.0104% | 1h | 77.849 | +0.038% | — | — | 10x | as long as short |
Lighter AXTI
Aevo AXTI-PERP