Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.020%
Price spread now: KuCoin against Binance−0.052%7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$425as in the Funding arb table
Net, price: spread back to 7d avg − costs−$436as in the Price arb table
costs, in and out, $10k−$4364.362% of the position
Funding, last 7 days+0.111%+$11 on $10k
+Price spread, last 4 days (all we have)−0.333%−$33 · spread now −0.052%, 7d avg −0.054%
=The price spread sits at its 7-day average of −0.054%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance AXTIUSDT | 78.481 | 0 | get 0.0000% / 8h | 31m 53s | $8.3M | $35.4M | 20x |
| Short | KuCoin AXTIUSDTM | 78.440 | 0.0100 | get 0.0100% / 8h | 31m 53s | $604K | $496K | 20x |
Binance AXTIUSDT
KuCoin AXTIUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21
- Price spread: −0.052% → −0.054%
- $0.2
- Slippage, 4 orders
- −$414.18
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$414.98
- Costs to cover
- 4.362%
- Break-even
- 145.3 days
Slippage from Binance: live order book, 10 min ago; KuCoin: 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, 10 min ago | 1.27 bp | 16.1 bp −$16 | 45.7 bp −$457 | 114.7 bp −$11.5K | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 25.49 bp | 168.7 bp −$169 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget AXTIUSDT | −0.1712% | 8h | 78.550 | +0.088% | $1.1M | $3.8M | 20x | as long as short |
| Aster AXTIUSDT | 0.0000% | 8h | 78.484 | +0.004% | $7K | $124K | 20x | as long as short |
| Extended AXTI-USD | 0.0000% | 1h | 78.459 | −0.028% | $7K | $295K | 10x | as long as short |
| Binance AXTIUSDTlong | 0.0000% | 8h | 78.481 | long leg | $8.3M | $35.4M | 20x | |
| Bybit AXTIUSDT | 0.0000% | 8h | 78.470 | −0.014% | $1.8M | $1.4M | 25x | as long as short |
| OKX AXTI-USDT-SWAP | 0.0000% | 8h | 78.490 | +0.012% | $2.6M | $11.5M | 20x | as long as short |
| Gate AXTI_USDT | 0.0000% | 8h | 78.470 | −0.014% | $1.6M | $6.2M | 50x | as long as short |
| GRVT AXTI_USDT_Perp | 0.0000% | 8h | 78.310 | −0.218% | $150 | $205K | 10x | as long as short |
| SunX AXTI-USDT | 0.0000% | 8h | 78.430 | −0.065% | $1K | $937K | 10x | as long as short |
| HTX AXTI-USDT | 0.0000% | 8h | 78.540 | +0.075% | $19K | $44K | 20x | as long as short |
Bitget AXTIUSDT
Aster AXTIUSDT
Extended AXTI-USD
Bybit AXTIUSDT
OKX AXTI-USDT-SWAP
Gate AXTI_USDT
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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX AXTI-USD | +0.0011% | 1h | 78.400 | −0.103% | $1.1M | $1.9M | 10x | as long as short |
| Lighter AXTI | +0.0032% | 1h | 78.470 | −0.014% | — | — | 10x | as long as short |
| KuCoin AXTIUSDTMshort | +0.0100% | 8h | 78.440 | −0.052% | $604K | $496K | 20x | |
| Aevo AXTI-PERP | +0.0104% | 1h | 78.448 | −0.041% | — | — | 10x | as long as short |
QFEX AXTI-USD
Lighter AXTI
Aevo AXTI-PERP