Funding arb · Price arb /

AIXBT

all AIXBT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against KuCoin+0.087%7-day average +0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs−$481as in the Funding arb table

Net, price: spread back to 7d avg − costs−$492as in the Price arb table

costs, in and out, $10k−$4984.984% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.176%+$18 on $10k

Price spread, last 7 days−0.062%−$6 · spread now +0.087%, 7d avg +0.019%

Together, before fees+0.115%+$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: Binance is 0.068% dearer against KuCoin than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.019%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin AIXBTUSDTM	0.02299	0.0100	pay 0.0050% / 4h	1h 27m	$1.2M	$1.4M	30x
Short	Binance AIXBTUSDT	0.02301	0.0100	get 0.0050% / 4h	1h 27m	$2.4M	$3.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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 KuCoinbpFee BinancebpOrdersPrice spread, now +0.087%Rate

Funding earned: $0
Price spread: +0.087% → +0.019%: $6.79
Slippage, 4 orders: −$476.44
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$491.64
Costs to cover: 4.984%
Break-even: never at this rate

Slippage from KuCoin: live order book, 8 min ago; Binance: live order book, 8 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 KuCoin live order book, 8 min ago	2.18 bp	263.0 bp −$263	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 8 min ago	2.18 bp	26.9 bp −$27	127.7 bp −$1,277	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	−0.1146%	1h	0.02296	−0.109%	$19K	$7K	10x	as long as short
BloFin AIXBT-USDT	+0.0086%	4h	0.02299	0.000%	$118K	$74K	50x	as long as short
Hyperliquid AIXBT	+0.0100%	1h	0.02302	+0.126%	$394K	$199K	3x	as long as short
Binance AIXBTUSDTshort	+0.0100%	4h	0.02301	+0.087%	$2.4M	$3.2M	50x
Bybit AIXBTUSDT	+0.0100%	4h	0.02297	−0.087%	$1.2M	$1.0M	25x	as long as short
OKX AIXBT-USDT-SWAP	+0.0100%	4h	0.02299	0.000%	$454K	$1.6M	20x	as long as short
Gate AIXBT_USDT	+0.0100%	4h	0.02300	+0.043%	$203K	$100K	25x	as long as short
MEXC AIXBT_USDT	+0.0100%	4h	0.02301	+0.087%	$595K	$211K	100x	as long as short
KuCoin AIXBTUSDTMlong	+0.0100%	4h	0.02299	long leg	$1.2M	$1.4M	30x
Bitget AIXBTUSDT	+0.0100%	4h	0.02302	+0.130%	$657K	$508K	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	0.02300	+0.043%	—	$6.6M	—	as long as short
Variational Omni AIXBT	+0.0100%	4h	0.02294	−0.238%	$100K	$10K	—	as long as short
GMX AIXBT/USD [ETH-USDC]	L +0.0271% / S −0.0486%	1h	0.02298	−0.039%	$5K	—	100x	as long as short
Reya AIXBTRUSDPERP	+0.0372%	1h	0.02297	−0.097%	—	—	—	as long as short