Funding arb · Price arb /

AIXBT

all AIXBT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: BingX against Bitget−0.174%7-day average −0.088% · you buy dearer than you sell

Net, funding: paid 7d − costs−$103as in the Funding arb table

Net, price: spread back to 7d avg − costs−$115as in the Price arb table

costs, in and out, $10k−$1071.066% of the position

Long on Bitget Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.034%+$3 on $10k

Price spread, last 4 days (all we have)+0.054%+$5 · spread now −0.174%, 7d avg −0.088%

Together, before fees+0.088%+$9 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: BingX is 0.086% cheaper against Bitget than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.088%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget AIXBTUSDT	0.02299	0.0100	pay 0.0050% / 4h	2h 19m	$610K	$648K	20x
Short	BingX AIXBT-USDT	0.02295	0.0100	get 0.0050% / 4h	2h 19m	—	$6.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

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

latest

Price spreadloading…

Funding on every exchange

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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 BitgetbpFee BingXbpOrdersPrice spread, now −0.174%Rate

Funding earned: $0
Price spread: −0.174% → −0.088%: −$8.6
Slippage, 4 orders: −$84.64
Fee Bitget: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$115.24
Costs to cover: 1.066%
Break-even: never at this rate

Slippage from Bitget: live order book, 29 min ago; BingX: live order book, 11 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 Bitget live order book, 29 min ago	4.34 bp	34.3 bp −$34	140.7 bp −$1,407	doesn't fit	doesn't fit
Sell BingX live order book, 11 min ago	2.17 bp	18.0 bp −$18	72.5 bp −$725	571.3 bp −$57.1K	899.2 bp −$449.6K

AIXBT 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
Kraken Futures PF_AIXBTUSD	−0.3139%	1h	0.02294	−0.205%	$19K	$4K	10x	as long as short
Variational Omni AIXBT	−0.0002%	4h	0.02295	−0.194%	$99K	$12K	—	as long as short
KuCoin AIXBTUSDTM	+0.0080%	4h	0.02296	−0.130%	$1.1M	$1.5M	30x	as long as short
Hyperliquid AIXBT	+0.0100%	1h	0.02298	−0.022%	$407K	$225K	3x	as long as short
Binance AIXBTUSDT	+0.0100%	4h	0.02296	−0.122%	$2.5M	$4.3M	50x	as long as short
Bybit AIXBTUSDT	+0.0100%	4h	0.02293	−0.278%	$1.2M	$1.3M	25x	as long as short
OKX AIXBT-USDT-SWAP	+0.0100%	4h	0.02294	−0.217%	$457K	$1.9M	20x	as long as short
Gate AIXBT_USDT	+0.0100%	4h	0.02297	−0.087%	$213K	$140K	25x	as long as short
MEXC AIXBT_USDT	+0.0100%	4h	0.02296	−0.130%	$730K	$285K	100x	as long as short
Bitget AIXBTUSDTlong	+0.0100%	4h	0.02299	long leg	$610K	$648K	20x

Show all 14 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX AIXBT-USDTshort	+0.0100%	4h	0.02295	−0.174%	—	$6.6M	—
BloFin AIXBT-USDT	+0.0122%	4h	0.02296	−0.130%	$121K	$79K	50x	as long as short
GMX AIXBT/USD [ETH-USDC]	L +0.0247% / S −0.0698%	1h	0.02296	−0.126%	$3K	—	100x	as long as short
Reya AIXBTRUSDPERP	+0.0372%	1h	0.02298	−0.054%	—	—	—	as long as short