Funding arb · Price arb /

AIXBT

all AIXBT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: OKX against BingX−0.171%7-day average +0.011% · you buy dearer than you sell

Net, funding: paid 7d − costs−$110as in the Funding arb table

Net, price: spread back to 7d avg − costs−$121as in the Price arb table

costs, in and out, $10k−$1021.023% of the position

Long on BingX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.082%−$8 on $10k

Price spread, last 7 days+0.179%+$18 · spread now −0.171%, 7d avg +0.011%

Together, before fees+0.098%+$10 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: OKX is 0.182% cheaper against BingX than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of +0.011%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX AIXBT-USDT	0.02342	0.0100	pay 0.0050% / 4h	1h 46m	—	$6.6M	—
Short	OKX AIXBT-USDT-SWAP	0.02338	0.0100	get 0.0050% / 4h	1h 46m	$483K	$1.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.171%Rate

Funding earned: $0
Price spread: −0.171% → +0.011%: −$18.23
Slippage, 4 orders: −$82.32
Fee BingX: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$120.54
Costs to cover: 1.023%
Break-even: never at this rate

Slippage from BingX: live order book, 6 min ago; OKX: live order book, 5 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, 6 min ago	2.14 bp	18.9 bp −$19	79.9 bp −$799	649.9 bp −$65.0K	944.2 bp −$472.1K
Sell OKX live order book, 5 min ago	4.28 bp	30.4 bp −$30	doesn't fit	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	−0.2970%	1h	0.02337	−0.205%	$19K	$5K	10x	as long as short
Variational Omni AIXBT	−0.0014%	4h	0.02333	−0.401%	$101K	$11K	—	as long as short
Hyperliquid AIXBT	+0.0100%	1h	0.02340	−0.098%	$398K	$212K	3x	as long as short
Binance AIXBTUSDT	+0.0100%	4h	0.02337	−0.208%	$2.5M	$4.0M	50x	as long as short
Bybit AIXBTUSDT	+0.0100%	4h	0.02334	−0.346%	$1.2M	$1.2M	25x	as long as short
OKX AIXBT-USDT-SWAPshort	+0.0100%	4h	0.02338	−0.171%	$483K	$1.9M	20x
Gate AIXBT_USDT	+0.0100%	4h	0.02346	+0.171%	$208K	$123K	25x	as long as short
MEXC AIXBT_USDT	+0.0100%	4h	0.02342	0.000%	$686K	$261K	100x	as long as short
KuCoin AIXBTUSDTM	+0.0100%	4h	0.02342	0.000%	$1.2M	$1.5M	30x	as long as short
Bitget AIXBTUSDT	+0.0100%	4h	0.02339	−0.128%	$656K	$611K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX AIXBT-USDTlong	+0.0100%	4h	0.02342	long leg	—	$6.6M	—
BloFin AIXBT-USDT	+0.0128%	4h	0.02346	+0.171%	$125K	$97K	50x	as long as short
GMX AIXBT/USD [ETH-USDC]	L +0.0249% / S −0.0698%	1h	0.02341	−0.047%	$3K	—	100x	as long as short
Reya AIXBTRUSDPERP	+0.0372%	1h	0.02337	−0.229%	—	—	—	as long as short