Funding arb · Price arb /

AIXBT

all AIXBT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against Bitget−0.217%7-day average −0.079% · you buy dearer than you sell

Net, funding: paid 7d − costs−$105as in the Funding arb table

Net, price: spread back to 7d avg − costs−$122as in the Price arb table

costs, in and out, $10k−$1081.085% of the position

Long on Bitget Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.035%+$3 on $10k

Price spread, last 4 days (all we have)+0.234%+$23 · spread now −0.217%, 7d avg −0.079%

Together, before fees+0.269%+$27 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.139% cheaper against Bitget than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of −0.079%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget AIXBTUSDT	0.02302	0.0100	pay 0.0050% / 4h	3h 02m	$664K	$560K	20x
Short	Binance AIXBTUSDT	0.02297	0.0100	get 0.0050% / 4h	3h 02m	$2.4M	$3.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bitget. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BitgetbpFee BinancebpOrdersPrice spread, now −0.217%Rate

Funding earned: $0
Price spread: −0.217% → −0.079%: −$13.85
Slippage, 4 orders: −$86.49
Fee Bitget: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$122.34
Costs to cover: 1.085%
Break-even: never at this rate

Slippage from Bitget: live order book, 48 min ago; Binance: live order book, 4 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 Bitget live order book, 48 min ago	6.45 bp	30.3 bp −$30	200.1 bp −$2,001	doesn't fit	doesn't fit
Sell Binance live order book, 4 min ago	2.16 bp	23.7 bp −$24	96.6 bp −$966	doesn't fit	doesn't fit

AIXBT 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
Kraken Futures PF_AIXBTUSD	−0.1385%	1h	0.02299	−0.151%	$19K	$5K	10x	as long as short
Bybit AIXBTUSDT	−0.0051%	4h	0.02293	−0.374%	$1.2M	$1.1M	25x	as long as short
Variational Omni AIXBT	−0.0030%	4h	0.02310	+0.352%	$101K	$10K	—	as long as short
BloFin AIXBT-USDT	+0.0067%	4h	0.02306	+0.174%	$121K	$81K	50x	as long as short
Hyperliquid AIXBT	+0.0100%	1h	0.02302	−0.013%	$393K	$206K	3x	as long as short
Binance AIXBTUSDTshort	+0.0100%	4h	0.02297	−0.217%	$2.4M	$3.5M	50x
OKX AIXBT-USDT-SWAP	+0.0100%	4h	0.02298	−0.174%	$474K	$1.7M	20x	as long as short
Gate AIXBT_USDT	+0.0100%	4h	0.02302	0.000%	$212K	$90K	25x	as long as short
MEXC AIXBT_USDT	+0.0100%	4h	0.02301	−0.043%	$682K	$239K	100x	as long as short
KuCoin AIXBTUSDTM	+0.0100%	4h	0.02300	−0.087%	$1.2M	$1.4M	30x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget AIXBTUSDTlong	+0.0100%	4h	0.02302	long leg	$664K	$560K	20x
BingX AIXBT-USDT	+0.0100%	4h	0.02300	−0.087%	—	$6.6M	—	as long as short
GMX AIXBT/USD [ETH-USDC]	L +0.0272% / S −0.0486%	1h	0.02301	−0.039%	$5K	—	100x	as long as short
Reya AIXBTRUSDPERP	+0.0372%	1h	0.02301	−0.060%	—	—	—	as long as short