Funding you earn now, next payment 12:00 UTC+0.0038%/8h= +4.2% APRpaid last 24h +0.024%
Price spread now: KuCoin against QFEX+0.038%7-day average −0.039% · 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−$121as in the Price arb table
costs, in and out, $10k−$1291.285% of the position
Funding, last 4 days (all we have)+0.086%+$9 on $10k
+Price spread, last 4 days (all we have)−0.031%−$3 · spread now +0.038%, 7d avg −0.039%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and KuCoin is 0.078% dearer against QFEX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.039%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX AXTI-USD | 77.970 | 0.0062 | pay 0.0008% / 1h | 46m 32s | $1.1M | $1.9M | 10x |
| Short | KuCoin AXTIUSDTM | 78.000 | 0.0100 | get 0.0100% / 8h | 4h 46m | $587K | $736K | 20x |
QFEX AXTI-USD
KuCoin AXTIUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against QFEX. 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
- $8
- Price spread: +0.038% → −0.039%
- $7.79
- Slippage, 4 orders
- −$106.51
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$112.72
- Costs to cover
- 1.285%
- Break-even
- 105.7 days
Slippage from QFEX: live order book, 4 min ago; KuCoin: live order book, 50 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 QFEX live order book, 4 min ago | 4.50 bp | 13.5 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 50 min ago | 17.76 bp | 36.0 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
AXTI on 14 exchanges
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 | −0.0027% | 8h | 77.940 | −0.038% | $1.1M | $4.1M | 20x | as long as short |
| Aster AXTIUSDT | 0.0000% | 8h | 77.972 | +0.003% | $7K | $124K | 20x | as long as short |
| Extended AXTI-USD | 0.0000% | 1h | 77.953 | −0.022% | $10K | $291K | 10x | as long as short |
| Binance AXTIUSDT | 0.0000% | 8h | 77.980 | +0.013% | $8.4M | $38.4M | 20x | as long as short |
| Bybit AXTIUSDT | 0.0000% | 8h | 77.970 | 0.000% | $1.8M | $1.6M | 25x | as long as short |
| OKX AXTI-USDT-SWAP | 0.0000% | 8h | 77.920 | −0.064% | $2.6M | $13.3M | 20x | as long as short |
| Gate AXTI_USDT | 0.0000% | 8h | 77.990 | +0.026% | $1.7M | $6.6M | 50x | as long as short |
| SunX AXTI-USDT | 0.0000% | 8h | 77.930 | −0.051% | $1K | $775K | 10x | as long as short |
| HTX AXTI-USDT | 0.0000% | 8h | 77.830 | −0.180% | $19K | $33K | 20x | as long as short |
| Lighter AXTI | +0.0032% | 1h | 77.900 | −0.090% | — | — | 10x | as long as short |
Bitget AXTIUSDT
Aster AXTIUSDT
Extended AXTI-USD
Binance AXTIUSDT
Bybit AXTIUSDT
OKX AXTI-USDT-SWAP
Gate AXTI_USDT
SunX AXTI-USDT
HTX AXTI-USDT
Lighter AXTIShow all 14 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX AXTI-USDlong | +0.0062% | 1h | 77.970 | long leg | $1.1M | $1.9M | 10x | |
| KuCoin AXTIUSDTMshort | +0.0100% | 8h | 78.000 | +0.038% | $587K | $736K | 20x | |
| Aevo AXTI-PERP | +0.0104% | 1h | 78.131 | +0.207% | — | — | 10x | as long as short |
| GRVT AXTI_USDT_Perp | +0.0109% | 8h | 77.993 | +0.030% | $373 | $240K | 10x | as long as short |
Aevo AXTI-PERP
GRVT AXTI_USDT_Perp