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: Bybit against Bitget−0.038%7-day average +0.081% · you buy dearer than you sell
Net, funding: paid 7d − costs−$164as in the Funding arb table
Net, price: spread back to 7d avg − costs−$158as in the Price arb table
costs, in and out, $10k−$1461.460% of the position
Funding, last 7 days−0.180%−$18 on $10k
+Price spread, last 4 days (all we have)+0.030%+$3 · spread now −0.038%, 7d avg +0.081%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.119% cheaper against Bitget than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.081%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget AXLUSDT | 0.05221 | 0.0100 | pay 0.0050% / 4h | 3h 00m | $573K | $272K | 50x |
| Short | Bybit AXLUSDT | 0.05219 | 0.0100 | get 0.0050% / 4h | 3h 00m | $1.5M | $1.5M | 25x |
Bitget AXLUSDT
Bybit AXLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Bitget. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.038% → +0.081%
- −$11.93
- Slippage, 4 orders
- −$123
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$157.93
- Costs to cover
- 1.460%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 49 min ago; Bybit: 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 Bitget live order book, 49 min ago | 3.82 bp | 29.2 bp −$29 | 150.6 bp −$1,506 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 4.77 bp | 41.6 bp −$42 | 181.0 bp −$1,810 | doesn't fit | doesn't fit |
AXL on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX AXL-USDT | +0.0070% | 4h | 0.05220 | −0.019% | — | $2.3M | — | as long as short |
| Aster AXLUSDT | +0.0100% | 4h | 0.05220 | −0.012% | $34K | $7K | 5x | as long as short |
| Binance AXLUSDT | +0.0100% | 4h | 0.05216 | −0.087% | $1.8M | $3.4M | 50x | as long as short |
| Bybit AXLUSDTshort | +0.0100% | 4h | 0.05219 | −0.038% | $1.5M | $1.5M | 25x | |
| MEXC AXL_USDT | +0.0100% | 4h | 0.05217 | −0.077% | $324K | $168K | 50x | as long as short |
| KuCoin AXLUSDTM | +0.0100% | 4h | 0.05221 | 0.000% | $436K | $83K | 30x | as long as short |
| Bitget AXLUSDTlong | +0.0100% | 4h | 0.05221 | long leg | $573K | $272K | 50x | |
| Variational Omni AXL | +0.0100% | 4h | 0.05217 | −0.085% | $6K | $23K | — | as long as short |
| BloFin AXL-USDT | +0.0122% | 4h | 0.05215 | −0.115% | $119K | $10K | 50x | as long as short |
BingX AXL-USDT
Aster AXLUSDT
Binance AXLUSDT
MEXC AXL_USDT
KuCoin AXLUSDTM
Variational Omni AXL
BloFin AXL-USDT