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: KuCoin against OKX−0.127%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$375as in the Funding arb table
Net, price: spread back to 7d avg − costs−$404as in the Price arb table
costs, in and out, $10k−$3923.917% of the position
Funding, last 7 days+0.166%+$17 on $10k
+Price spread, last 4 days (all we have)+0.249%+$25 · spread now −0.127%, 7d avg −0.003%
=Funding pays, the price is against you. KuCoin is 0.124% cheaper against OKX than usual: you would sell low and buy high (spread −0.127% now, against its 7-day average of −0.003%). If the spread goes back, that is −$12 on $10k: about 4.1 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX AXTI-USDT-SWAP | 78.550 | 0 | get 0.0000% / 8h | 49m 33s | $2.7M | $11.4M | 20x |
| Short | KuCoin AXTIUSDTM | 78.450 | 0.0100 | get 0.0100% / 8h | 49m 33s | $604K | $495K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against OKX. 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: −0.127% → −0.003%
- −$12.39
- Slippage, 4 orders
- −$369.75
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$383.14
- Costs to cover
- 3.917%
- Break-even
- 134.7 days
Slippage from OKX: live order book, 4 min ago; KuCoin: live order book, 55 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 OKX live order book, 4 min ago | 1.28 bp | 15.7 bp −$16 | 46.7 bp −$467 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 55 min ago | 23.74 bp | 168.9 bp −$169 | 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 | 78.640 | +0.115% | $1.2M | $3.8M | 20x | as long as short |
| Aster AXTIUSDT | 0.0000% | 8h | 78.525 | −0.032% | $7K | $124K | 20x | as long as short |
| Extended AXTI-USD | 0.0000% | 1h | 78.386 | −0.209% | $7K | $265K | 10x | as long as short |
| Binance AXTIUSDT | 0.0000% | 8h | 78.570 | +0.025% | $8.3M | $35.2M | 20x | as long as short |
| Bybit AXTIUSDT | 0.0000% | 8h | 78.510 | −0.051% | $1.8M | $1.4M | 25x | as long as short |
| OKX AXTI-USDT-SWAPlong | 0.0000% | 8h | 78.550 | long leg | $2.7M | $11.4M | 20x | |
| Gate AXTI_USDT | 0.0000% | 8h | 78.430 | −0.153% | $1.6M | $6.1M | 50x | as long as short |
| GRVT AXTI_USDT_Perp | 0.0000% | 8h | 78.331 | −0.279% | $161 | $206K | 10x | as long as short |
| SunX AXTI-USDT | 0.0000% | 8h | 78.350 | −0.255% | $1K | $935K | 10x | as long as short |
| HTX AXTI-USDT | 0.0000% | 8h | 78.260 | −0.369% | $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 | +0.025% | $1.1M | $1.8M | 10x | as long as short |
| Lighter AXTI | +0.0032% | 1h | 78.510 | −0.051% | — | — | 10x | as long as short |
| KuCoin AXTIUSDTMshort | +0.0100% | 8h | 78.450 | −0.127% | $604K | $495K | 20x | |
| Aevo AXTI-PERP | +0.0104% | 1h | 78.344 | −0.262% | — | — | 10x | as long as short |
OKX AXTI-USDT-SWAP
KuCoin AXTIUSDTM
Bitget AXTIUSDT
Aster AXTIUSDT
Extended AXTI-USD
Binance AXTIUSDT
Bybit AXTIUSDT
Gate AXTI_USDT
GRVT AXTI_USDT_Perp
SunX AXTI-USDT
HTX AXTI-USDT
Lighter AXTI