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: Binance against Bybit+0.013%7-day average −0.143% · you sell dearer than you buy
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$1171.171% of the position
Funding, last 7 days−0.316%−$32 on $10k
+Price spread, last 7 days−0.124%−$12 · spread now +0.013%, 7d avg −0.143%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.156% dearer against Bybit than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of −0.143%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit AXLUSDT | 0.05183 | 0.0100 | pay 0.0050% / 4h | 2h 44m | $1.5M | $1.1M | 25x |
| Short | Binance AXLUSDT | 0.05184 | 0.0100 | get 0.0050% / 4h | 2h 44m | $1.8M | $2.7M | 50x |
Bybit AXLUSDT
Binance AXLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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: +0.013% → −0.143%
- $15.62
- Slippage, 4 orders
- −$96.14
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$101.52
- Costs to cover
- 1.171%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; Binance: live order book, 21 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 Bybit live order book, 5 min ago | 2.89 bp | 41.8 bp −$42 | 1138.1 bp −$11.4K | doesn't fit | doesn't fit |
| Sell Binance live order book, 21 min ago | 1.91 bp | 10.3 bp −$10 | 83.1 bp −$831 | doesn't fit | doesn't fit |
AXL on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin AXL-USDT | +0.0040% | 4h | 0.05181 | −0.039% | $118K | $9K | 50x | as long as short |
| BingX AXL-USDT | +0.0070% | 4h | 0.05183 | 0.000% | — | $2.3M | — | as long as short |
| Aster AXLUSDT | +0.0100% | 4h | 0.05184 | +0.013% | $34K | $4K | 5x | as long as short |
| Binance AXLUSDTshort | +0.0100% | 4h | 0.05184 | +0.013% | $1.8M | $2.7M | 50x | |
| Bybit AXLUSDTlong | +0.0100% | 4h | 0.05183 | long leg | $1.5M | $1.1M | 25x | |
| MEXC AXL_USDT | +0.0100% | 4h | 0.05179 | −0.077% | $315K | $145K | 50x | as long as short |
| KuCoin AXLUSDTM | +0.0100% | 4h | 0.05192 | +0.174% | $448K | $69K | 30x | as long as short |
| Bitget AXLUSDT | +0.0100% | 4h | 0.05182 | −0.019% | $568K | $308K | 50x | as long as short |
| Variational Omni AXL | +0.0100% | 4h | 0.05189 | +0.124% | $6K | $23K | — | as long as short |
BloFin AXL-USDT
BingX AXL-USDT
Aster AXLUSDT
MEXC AXL_USDT
KuCoin AXLUSDTM
Bitget AXLUSDT
Variational Omni AXL