Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: SunX against KuCoin−0.025%7-day average +0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$516as in the Funding arb table
Net, price: spread back to 7d avg − costs−$505as in the Price arb table
costs, in and out, $10k−$4974.966% of the position
Funding, last 7 days−0.195%−$19 on $10k
+Price spread, last 4 days (all we have)+0.106%+$11 · spread now −0.025%, 7d avg +0.055%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and SunX is 0.080% cheaper against KuCoin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.055%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin AXTIUSDTM | 78.570 | 0.0100 | pay 0.0100% / 8h | 49m 07s | $605K | $495K | 20x |
| Short | SunX AXTI-USDT | 78.550 | 0 | get 0.0000% / 8h | 49m 07s | $1K | $935K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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: −0.025% → +0.055%
- −$8.02
- Slippage, 4 orders
- −$476.64
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$525.66
- Costs to cover
- 4.966%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 55 min ago; SunX: live order book, 33 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, 55 min ago | 23.74 bp | 198.2 bp −$198 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 33 min ago | 45.93 bp | 65.1 bp −$65 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget AXTIUSDT | −0.1882% | 8h | 78.740 | +0.216% | $1.2M | $3.8M | 20x | as long as short |
| Aster AXTIUSDT | 0.0000% | 8h | 78.609 | +0.050% | $7K | $124K | 20x | as long as short |
| Extended AXTI-USD | 0.0000% | 1h | 78.659 | +0.113% | $7K | $269K | 10x | as long as short |
| Binance AXTIUSDT | 0.0000% | 8h | 78.680 | +0.140% | $8.3M | $35.2M | 20x | as long as short |
| Bybit AXTIUSDT | 0.0000% | 8h | 78.660 | +0.115% | $1.8M | $1.4M | 25x | as long as short |
| OKX AXTI-USDT-SWAP | 0.0000% | 8h | 78.640 | +0.089% | $2.7M | $11.4M | 20x | as long as short |
| Gate AXTI_USDT | 0.0000% | 8h | 78.640 | +0.089% | $1.6M | $6.1M | 50x | as long as short |
| GRVT AXTI_USDT_Perp | 0.0000% | 8h | 78.331 | −0.304% | $161 | $206K | 10x | as long as short |
| SunX AXTI-USDTshort | 0.0000% | 8h | 78.550 | −0.025% | $1K | $935K | 10x | |
| HTX AXTI-USDT | 0.0000% | 8h | 78.260 | −0.395% | $19K | $44K | 20x | 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 | +0.0011% | 1h | 78.570 | 0.000% | $1.1M | $1.8M | 10x | as long as short |
| Lighter AXTI | +0.0032% | 1h | 78.640 | +0.089% | — | — | 10x | as long as short |
| KuCoin AXTIUSDTMlong | +0.0100% | 8h | 78.570 | long leg | $605K | $495K | 20x | |
| Aevo AXTI-PERP | +0.0104% | 1h | 78.560 | −0.013% | — | — | 10x | as long as short |
KuCoin AXTIUSDTM
SunX AXTI-USDT
Bitget AXTIUSDT
Aster AXTIUSDT
Extended AXTI-USD
Binance AXTIUSDT
Bybit AXTIUSDT
OKX AXTI-USDT-SWAP
Gate AXTI_USDT
GRVT AXTI_USDT_Perp
HTX AXTI-USDT
Lighter AXTI