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: OKX against Gate+0.044%7-day average 0.000% · you sell dearer than you buy

Net, funding: paid 7d − costs−$179as in the Funding arb table

Net, price: spread back to 7d avg − costs−$164as in the Price arb table

costs, in and out, $10k−$1681.682% of the position

Long on Gate Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.105%−$10 on $10k

Price spread, last 4 days (all we have)−0.009%−$1 · spread now +0.044%, 7d avg 0.000%

Together, before fees−0.113%−$11 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 0.044% dearer against Gate than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of 0.000%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate AIXBT_USDT	0.02262	0.0100	pay 0.0050% / 4h	19m 39s	$199K	$85K	25x
Short	OKX AIXBT-USDT-SWAP	0.02263	0.0100	get 0.0050% / 4h	19m 39s	$459K	$1.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Gate. 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 GatebpFee OKXbpOrdersPrice spread, now +0.044%Rate

Funding earned: $0
Price spread: +0.044% → 0.000%: $4.41
Slippage, 4 orders: −$143.2
Fee Gate: 7.5 bp × 2 orders: −$15
Fee OKX: 5 bp × 2 orders: −$10
Net: −$163.79
Costs to cover: 1.682%
Break-even: never at this rate

Slippage from Gate: live order book, 51 min ago; OKX: live order book, 2 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 Gate live order book, 51 min ago	4.45 bp	48.7 bp −$49	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 2 min ago	4.42 bp	32.8 bp −$33	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	−0.1248%	1h	0.02260	−0.083%	$18K	$7K	10x	as long as short
Variational Omni AIXBT	+0.0083%	4h	0.02259	−0.146%	$99K	$11K	—	as long as short
Hyperliquid AIXBT	+0.0100%	1h	0.02265	+0.115%	$376K	$180K	3x	as long as short
Binance AIXBTUSDT	+0.0100%	4h	0.02263	+0.059%	$2.4M	$2.9M	50x	as long as short
Bybit AIXBTUSDT	+0.0100%	4h	0.02259	−0.124%	$1.2M	$978K	25x	as long as short
OKX AIXBT-USDT-SWAPshort	+0.0100%	4h	0.02263	+0.044%	$459K	$1.5M	20x
Gate AIXBT_USDTlong	+0.0100%	4h	0.02262	long leg	$199K	$85K	25x
MEXC AIXBT_USDT	+0.0100%	4h	0.02263	+0.044%	$457K	$187K	100x	as long as short
KuCoin AIXBTUSDTM	+0.0100%	4h	0.02261	−0.044%	$1.1M	$1.4M	30x	as long as short
Bitget AIXBTUSDT	+0.0100%	4h	0.02267	+0.221%	$640K	$458K	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-USDT	+0.0100%	4h	0.02261	−0.044%	—	$6.6M	—	as long as short
BloFin AIXBT-USDT	+0.0121%	4h	0.02263	+0.044%	$120K	$64K	50x	as long as short
GMX AIXBT/USD [ETH-USDC]	L +0.0270% / S −0.0489%	1h	0.02263	+0.057%	$5K	—	100x	as long as short
Reya AIXBTRUSDPERP	+0.0372%	1h	0.02262	+0.007%	—	—	—	as long as short