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 Gate+0.100%7-day average +0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$175as in the Funding arb table

Net, price: spread back to 7d avg − costs−$164as in the Price arb table

costs, in and out, $10k−$1741.742% of the position

Long on Gate Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.008%−$1 on $10k

Price spread, last 4 days (all we have)+0.029%+$3 · spread now +0.100%, 7d avg +0.001%

Together, before fees+0.022%+$2 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 0.099% dearer against Gate than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.001%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate AIXBT_USDT	0.02310	0.0100	pay 0.0050% / 4h	2h 53m	$213K	$86K	25x
Short	Binance AIXBTUSDT	0.02312	0.0100	get 0.0050% / 4h	2h 53m	$2.4M	$3.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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 GatebpFee BinancebpOrdersPrice spread, now +0.100%Rate

Funding earned: $0
Price spread: +0.100% → +0.001%: $9.89
Slippage, 4 orders: −$149.24
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Binance: 5 bp × 2 orders: −$10
Net: −$164.35
Costs to cover: 1.742%
Break-even: never at this rate

Slippage from Gate: live order book, 52 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 Gate live order book, 52 min ago	10.76 bp	63.6 bp −$64	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 12 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	−0.1398%	1h	0.02304	−0.251%	$19K	$5K	10x	as long as short
Variational Omni AIXBT	−0.0099%	4h	0.02315	+0.199%	$101K	$10K	—	as long as short
Bybit AIXBTUSDT	+0.0052%	4h	0.02308	−0.074%	$1.2M	$1.1M	25x	as long as short
Hyperliquid AIXBT	+0.0100%	1h	0.02316	+0.247%	$395K	$202K	3x	as long as short
Binance AIXBTUSDTshort	+0.0100%	4h	0.02312	+0.100%	$2.4M	$3.5M	50x
OKX AIXBT-USDT-SWAP	+0.0100%	4h	0.02312	+0.087%	$481K	$1.7M	20x	as long as short
Gate AIXBT_USDTlong	+0.0100%	4h	0.02310	long leg	$213K	$86K	25x
MEXC AIXBT_USDT	+0.0100%	4h	0.02313	+0.130%	$686K	$234K	100x	as long as short
KuCoin AIXBTUSDTM	+0.0100%	4h	0.02313	+0.130%	$1.2M	$1.4M	30x	as long as short
Bitget AIXBTUSDT	+0.0100%	4h	0.02315	+0.216%	$660K	$562K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX AIXBT-USDT	+0.0100%	4h	0.02313	+0.130%	—	$6.6M	—	as long as short
BloFin AIXBT-USDT	+0.0104%	4h	0.02310	0.000%	$122K	$81K	50x	as long as short
GMX AIXBT/USD [ETH-USDC]	L +0.0272% / S −0.0486%	1h	0.02312	+0.100%	$5K	—	100x	as long as short
Reya AIXBTRUSDPERP	+0.0372%	1h	0.02312	+0.070%	—	—	—	as long as short