Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%
Price spread now: Bybit against Binance−0.009%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$710.708% of the position
Funding, last 7 days−0.059%−$6 on $10k
+Price spread, last 7 days+0.003%$0 · spread now −0.009%, 7d avg −0.038%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.028% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.038%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance AXTIUSDT | 81.708 | 0 | get 0.0000% / 8h | 4h 39m | $9.1M | $32.8M | 20x |
| Short | Bybit AXTIUSDT | 81.700 | 0 | get 0.0000% / 8h | 4h 39m | $1.9M | $1.3M | 25x |
Binance AXTIUSDT
Bybit AXTIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. 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: −0.009% → −0.038%
- $2.84
- Slippage, 4 orders
- −$49.85
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$68.01
- Costs to cover
- 0.708%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; Bybit: 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 Binance live order book, 2 min ago | 0.61 bp | 14.7 bp −$15 | 39.6 bp −$396 | 90.9 bp −$9,088 | doesn't fit |
| Sell Bybit live order book, 2 min ago | 4.28 bp | 24.6 bp −$25 | 239.7 bp −$2,397 | doesn't fit | doesn't fit |
AXTI 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster AXTIUSDT | 0.0000% | 8h | 81.638 | −0.086% | $8K | $124K | 20x | as long as short |
| Extended AXTI-USD | 0.0000% | 1h | 81.674 | −0.042% | $7K | $213K | 10x | as long as short |
| Binance AXTIUSDTlong | 0.0000% | 8h | 81.708 | long leg | $9.1M | $32.8M | 20x | |
| Bybit AXTIUSDTshort | 0.0000% | 8h | 81.700 | −0.009% | $1.9M | $1.3M | 25x | |
| OKX AXTI-USDT-SWAP | 0.0000% | 8h | 81.720 | +0.015% | $2.8M | $9.9M | 20x | as long as short |
| Gate AXTI_USDT | 0.0000% | 8h | 81.710 | +0.003% | $2.2M | $5.0M | 50x | as long as short |
| Bitget AXTIUSDT | 0.0000% | 8h | 81.720 | +0.015% | $1.7M | $3.2M | 20x | as long as short |
| GRVT AXTI_USDT_Perp | 0.0000% | 8h | 81.770 | +0.076% | $219 | $177K | 10x | as long as short |
| SunX AXTI-USDT | 0.0000% | 8h | 81.780 | +0.089% | $838 | $1.0M | 10x | as long as short |
| HTX AXTI-USDT | 0.0000% | 8h | 81.760 | +0.064% | $20K | $40K | 20x | as long as short |
Aster AXTIUSDT
Extended AXTI-USD
OKX AXTI-USDT-SWAP
Gate AXTI_USDT
Bitget AXTIUSDT
GRVT AXTI_USDT_Perp
SunX AXTI-USDT
HTX AXTI-USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter AXTI | +0.0032% | 1h | 81.590 | −0.144% | — | — | 10x | as long as short |
| QFEX AXTI-USD | +0.0035% | 1h | 81.700 | −0.009% | $1.1M | $2.3M | 10x | as long as short |
| KuCoin AXTIUSDTM | +0.0100% | 8h | 81.650 | −0.071% | $640K | $430K | 20x | as long as short |
| Aevo AXTI-PERP | +0.0104% | 1h | 81.707 | −0.001% | — | — | 10x | as long as short |
Lighter AXTI
QFEX AXTI-USD
KuCoin AXTIUSDTM
Aevo AXTI-PERP