Funding you earn now, next payment 16:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.50 per $10,000 · paid last 24h −0.024%
Price spread now: Binance against KuCoin+0.307%7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$589as in the Funding arb table
Net, price: spread back to 7d avg − costs−$551as in the Price arb table
costs, in and out, $10k−$5765.764% of the position
Funding, last 7 days−0.121%−$12 on $10k
+Price spread, last 4 days (all we have)+0.211%+$21 · spread now +0.307%, 7d avg +0.057%
=The price spread pays, funding is against you. Binance is 0.250% dearer against KuCoin than usual: you sell high and buy low (spread +0.307% now, against its 7-day average of +0.057%): +$25 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 17 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin AXTIUSDTM | 78.210 | 0.0100 | pay 0.0100% / 8h | 6h 07m | $589K | $645K | 20x |
| Short | Binance AXTIUSDT | 78.450 | 0.0050 | get 0.0050% / 8h | 6h 07m | $8.4M | $38.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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
- −$10.56
- Price spread: +0.307% → +0.057%
- $25.03
- Slippage, 4 orders
- −$554.43
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$561.96
- Costs to cover
- 5.764%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 38 min ago; Binance: live order book, 12 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 KuCoin live order book, 38 min ago | 18.63 bp | 308.7 bp −$309 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 1.28 bp | 11.9 bp −$12 | 41.1 bp −$411 | 121.5 bp −$12.1K | 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 | −0.0668% | 8h | 78.430 | +0.281% | $1.2M | $4.0M | 20x | as long as short |
| Aster AXTIUSDT | 0.0000% | 8h | 78.300 | +0.115% | $7K | $124K | 20x | as long as short |
| OKX AXTI-USDT-SWAP | 0.0000% | 8h | 78.400 | +0.243% | $2.6M | $12.3M | 20x | as long as short |
| Gate AXTI_USDT | 0.0000% | 8h | 78.300 | +0.115% | $1.7M | $6.5M | 50x | as long as short |
| SunX AXTI-USDT | 0.0000% | 8h | 78.160 | −0.064% | $1K | $820K | 10x | as long as short |
| QFEX AXTI-USD | +0.0016% | 1h | 78.260 | +0.064% | $1.1M | $2.0M | 10x | as long as short |
| Lighter AXTI | +0.0032% | 1h | 78.190 | −0.026% | — | — | 10x | as long as short |
| Extended AXTI-USD | +0.0048% | 1h | 78.215 | +0.007% | $7K | $288K | 10x | as long as short |
| Binance AXTIUSDTshort | +0.0050% | 8h | 78.450 | +0.307% | $8.4M | $38.1M | 20x | |
| Bybit AXTIUSDT | +0.0060% | 8h | 78.400 | +0.243% | $1.9M | $1.5M | 25x | as long as short |
Show all 14 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin AXTIUSDTMlong | +0.0100% | 8h | 78.210 | long leg | $589K | $645K | 20x | |
| Aevo AXTI-PERP | +0.0104% | 1h | 78.417 | +0.265% | — | — | 10x | as long as short |
| HTX AXTI-USDT | +0.0176% | 8h | 78.130 | −0.102% | $19K | $33K | 20x | as long as short |
| GRVT AXTI_USDT_Perp | +0.1200% | 8h | 78.105 | −0.134% | $437 | $223K | 10x | as long as short |
KuCoin AXTIUSDTM
Binance AXTIUSDT
Bitget AXTIUSDT
Aster AXTIUSDT
OKX AXTI-USDT-SWAP
Gate AXTI_USDT
SunX AXTI-USDT
Lighter AXTI
Extended AXTI-USD
Bybit AXTIUSDT
HTX AXTI-USDT
GRVT AXTI_USDT_Perp