Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Gate−0.039%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$563as in the Funding arb table
Net, price: spread back to 7d avg − costs−$585as in the Price arb table
costs, in and out, $10k−$5825.820% of the position
Funding, last 7 days+0.192%+$19 on $10k
+Price spread, last 4 days (all we have)+0.046%+$5 · spread now −0.039%, 7d avg −0.005%
=Funding pays, the price is against you. KuCoin is 0.033% cheaper against Gate than usual: you would sell low and buy high (spread −0.039% now, against its 7-day average of −0.005%). If the spread goes back, that is −$3 on $10k: about 26 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate AXTI_USDT | 77.900 | 0 | get 0.0000% / 8h | 6h 15m | $1.7M | $6.5M | 50x |
| Short | KuCoin AXTIUSDTM | 77.870 | 0.0100 | get 0.0100% / 8h | 6h 15m | $587K | $637K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Gate. 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: −0.039% → −0.005%
- −$3.3
- Slippage, 4 orders
- −$555.01
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$564.31
- Costs to cover
- 5.820%
- Break-even
- 195.1 days
Slippage from Gate: live order book, 1 min ago; KuCoin: live order book, 30 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 Gate live order book, 1 min ago | 3.21 bp | 19.0 bp −$19 | 44.7 bp −$447 | 73.4 bp −$7,338 | doesn't fit |
| Sell KuCoin live order book, 30 min ago | 18.63 bp | 239.2 bp −$239 | doesn't fit | doesn't fit | doesn't fit |
AXTI on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget AXTIUSDT | −0.0746% | 8h | 77.980 | +0.103% | $1.1M | $4.0M | 20x | as long as short |
| Aster AXTIUSDT | 0.0000% | 8h | 77.801 | −0.127% | $7K | $124K | 20x | as long as short |
| Extended AXTI-USD | 0.0000% | 1h | 77.906 | +0.007% | $7K | $288K | 10x | as long as short |
| Binance AXTIUSDT | 0.0000% | 8h | 77.930 | +0.039% | $8.3M | $38.0M | 20x | as long as short |
| Bybit AXTIUSDT | 0.0000% | 8h | 77.920 | +0.026% | $1.9M | $1.5M | 25x | as long as short |
| OKX AXTI-USDT-SWAP | 0.0000% | 8h | 77.870 | −0.039% | $2.6M | $12.1M | 20x | as long as short |
| Gate AXTI_USDTlong | 0.0000% | 8h | 77.900 | long leg | $1.7M | $6.5M | 50x | |
| SunX AXTI-USDT | 0.0000% | 8h | 77.940 | +0.051% | $1K | $822K | 10x | as long as short |
| QFEX AXTI-USD | +0.0016% | 1h | 77.880 | −0.026% | $1.1M | $2.0M | 10x | as long as short |
| Lighter AXTI | +0.0032% | 1h | 77.770 | −0.167% | — | — | 10x | as long as short |
Show all 14 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX AXTI-USDT | +0.0076% | 8h | 77.980 | +0.103% | $19K | $33K | 20x | as long as short |
| KuCoin AXTIUSDTMshort | +0.0100% | 8h | 77.870 | −0.039% | $587K | $637K | 20x | |
| Aevo AXTI-PERP | +0.0104% | 1h | 77.906 | +0.008% | — | — | 10x | as long as short |
| GRVT AXTI_USDT_Perp | +0.1072% | 8h | 77.851 | −0.062% | $533 | $221K | 10x | as long as short |
Gate AXTI_USDT
KuCoin AXTIUSDTM
Bitget AXTIUSDT
Aster AXTIUSDT
Extended AXTI-USD
Binance AXTIUSDT
Bybit AXTIUSDT
OKX AXTI-USDT-SWAP
SunX AXTI-USDT
Lighter AXTI
HTX AXTI-USDT
GRVT AXTI_USDT_Perp