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: Bitget against KuCoin+0.130%7-day average +0.063% · you sell dearer than you buy

Net, funding: paid 7d − costs−$411as in the Funding arb table

Net, price: spread back to 7d avg − costs−$419as in the Price arb table

costs, in and out, $10k−$4254.253% of the position

Long on KuCoin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.142%+$14 on $10k

Price spread, last 4 days (all we have)−0.009%−$1 · spread now +0.130%, 7d avg +0.063%

Together, before fees+0.133%+$13 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: Bitget is 0.066% dearer against KuCoin than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.063%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin AIXBTUSDTM	0.02316	0.0100	pay 0.0050% / 4h	2h 08m	$1.2M	$1.4M	30x
Short	Bitget AIXBTUSDT	0.02319	0.0100	get 0.0050% / 4h	2h 08m	$647K	$591K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.130%Rate

Funding earned: $0
Price spread: +0.130% → +0.063%: $6.63
Slippage, 4 orders: −$401.31
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$418.68
Costs to cover: 4.253%
Break-even: never at this rate

Slippage from KuCoin: live order book, 2 min ago; Bitget: live order book, 37 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, 2 min ago	4.31 bp	174.8 bp −$175	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 37 min ago	6.53 bp	27.0 bp −$27	88.4 bp −$884	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	−0.1396%	1h	0.02307	−0.370%	$19K	$5K	10x	as long as short
Variational Omni AIXBT	−0.0031%	4h	0.02309	−0.298%	$100K	$11K	—	as long as short
BloFin AIXBT-USDT	+0.0066%	4h	0.02318	+0.086%	$118K	$84K	50x	as long as short
Hyperliquid AIXBT	+0.0100%	1h	0.02318	+0.095%	$395K	$209K	3x	as long as short
Binance AIXBTUSDT	+0.0100%	4h	0.02316	+0.009%	$2.5M	$3.7M	50x	as long as short
Bybit AIXBTUSDT	+0.0100%	4h	0.02313	−0.130%	$1.2M	$1.1M	25x	as long as short
OKX AIXBT-USDT-SWAP	+0.0100%	4h	0.02314	−0.086%	$463K	$1.7M	20x	as long as short
Gate AIXBT_USDT	+0.0100%	4h	0.02318	+0.086%	$226K	$99K	25x	as long as short
MEXC AIXBT_USDT	+0.0100%	4h	0.02316	0.000%	$683K	$260K	100x	as long as short
KuCoin AIXBTUSDTMlong	+0.0100%	4h	0.02316	long leg	$1.2M	$1.4M	30x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget AIXBTUSDTshort	+0.0100%	4h	0.02319	+0.130%	$647K	$591K	20x
BingX AIXBT-USDT	+0.0100%	4h	0.02316	0.000%	—	$6.6M	—	as long as short
GMX AIXBT/USD [ETH-USDC]	L +0.0272% / S −0.0486%	1h	0.02317	+0.052%	$5K	—	100x	as long as short
Reya AIXBTRUSDPERP	+0.0372%	1h	0.02319	+0.113%	—	—	—	as long as short