Funding arb · Price arb /

AIXBT

all AIXBT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against BingX−0.082%7-day average +0.013% · you buy dearer than you sell

Net, funding: paid 7d − costs−$91as in the Funding arb table

Net, price: spread back to 7d avg − costs−$100as in the Price arb table

costs, in and out, $10k−$900.905% of the position

Long on BingX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.007%−$1 on $10k

Price spread, last 7 days+0.082%+$8 · spread now −0.082%, 7d avg +0.013%

Together, before fees+0.075%+$8 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.095% cheaper against BingX than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.013%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX AIXBT-USDT	0.02245	0.0100	pay 0.0050% / 4h	1h 18m	—	$6.6M	—
Short	Binance AIXBTUSDT	0.02243	0.0100	get 0.0050% / 4h	1h 18m	$2.4M	$2.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BingX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BingXbpFee BinancebpOrdersPrice spread, now −0.082%Rate

Funding earned: $0
Price spread: −0.082% → +0.013%: −$9.5
Slippage, 4 orders: −$70.46
Fee BingX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$99.97
Costs to cover: 0.905%
Break-even: never at this rate

Slippage from BingX: live order book, 9 min ago; Binance: live order book, 3 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 BingX live order book, 9 min ago	2.23 bp	17.3 bp −$17	92.1 bp −$921	658.0 bp −$65.8K	990.0 bp −$495.0K
Sell Binance live order book, 3 min ago	2.23 bp	22.7 bp −$23	94.9 bp −$949	doesn't fit	doesn't fit

AIXBT 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
Kraken Futures PF_AIXBTUSD	−0.0903%	1h	0.02245	−0.008%	$20K	$7K	10x	as long as short
Variational Omni AIXBT	+0.0062%	4h	0.02244	−0.057%	$99K	$11K	—	as long as short
BloFin AIXBT-USDT	+0.0077%	4h	0.02244	−0.045%	$118K	$63K	50x	as long as short
Hyperliquid AIXBT	+0.0100%	1h	0.02244	−0.027%	$373K	$178K	3x	as long as short
Binance AIXBTUSDTshort	+0.0100%	4h	0.02243	−0.082%	$2.4M	$2.9M	50x
Bybit AIXBTUSDT	+0.0100%	4h	0.02241	−0.178%	$1.2M	$958K	25x	as long as short
OKX AIXBT-USDT-SWAP	+0.0100%	4h	0.02242	−0.134%	$449K	$1.5M	20x	as long as short
Gate AIXBT_USDT	+0.0100%	4h	0.02247	+0.089%	$192K	$80K	25x	as long as short
MEXC AIXBT_USDT	+0.0100%	4h	0.02244	−0.045%	$448K	$186K	100x	as long as short
KuCoin AIXBTUSDTM	+0.0100%	4h	0.02245	0.000%	$1.1M	$1.4M	30x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget AIXBTUSDT	+0.0100%	4h	0.02247	+0.089%	$644K	$454K	20x	as long as short
BingX AIXBT-USDTlong	+0.0100%	4h	0.02245	long leg	—	$6.6M	—
GMX AIXBT/USD [ETH-USDC]	L +0.0269% / S −0.0489%	1h	0.02245	+0.004%	$5K	—	100x	as long as short
Reya AIXBTRUSDPERP	+0.0372%	1h	0.02244	−0.057%	—	—	—	as long as short