Funding arb · Price arb /

AIXBT

all AIXBT markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: Bitget against Gate+0.220%7-day average +0.078% · you sell dearer than you buy

Net, funding: paid 7d − costs−$185as in the Funding arb table

Net, price: spread back to 7d avg − costs−$165as in the Price arb table

costs, in and out, $10k−$1791.791% of the position

Long on Gate Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.062%−$6 on $10k

Price spread, last 4 days (all we have)−0.148%−$15 · spread now +0.220%, 7d avg +0.078%

Together, before fees−0.211%−$21 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: Bitget is 0.143% dearer against Gate than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of +0.078%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate AIXBT_USDT	0.02271	0.0100	pay 0.0050% / 4h	0m 49s	$202K	$96K	25x
Short	Bitget AIXBTUSDT	0.02276	0.0100	get 0.0050% / 4h	0m 49s	$641K	$462K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.220%Rate

Funding earned: $0
Price spread: +0.220% → +0.078%: $14.25
Slippage, 4 orders: −$152.13
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$164.88
Costs to cover: 1.791%
Break-even: never at this rate

Slippage from Gate: live order book, 5 min ago; Bitget: live order book, 9 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, 5 min ago	6.62 bp	70.6 bp −$71	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 9 min ago	2.21 bp	31.0 bp −$31	100.6 bp −$1,006	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	−0.1241%	1h	0.02273	+0.094%	$18K	$7K	10x	as long as short
BloFin AIXBT-USDT	+0.0075%	4h	0.02272	+0.044%	$118K	$64K	50x	as long as short
Variational Omni AIXBT	+0.0100%	4h	0.02268	−0.146%	$100K	$11K	—	as long as short
Hyperliquid AIXBT	+0.0100%	1h	0.02277	+0.247%	$378K	$181K	3x	as long as short
Binance AIXBTUSDT	+0.0100%	4h	0.02275	+0.176%	$2.4M	$2.9M	50x	as long as short
Bybit AIXBTUSDT	+0.0100%	4h	0.02274	+0.132%	$1.2M	$982K	25x	as long as short
OKX AIXBT-USDT-SWAP	+0.0100%	4h	0.02275	+0.176%	$462K	$1.5M	20x	as long as short
Gate AIXBT_USDTlong	+0.0100%	4h	0.02271	long leg	$202K	$96K	25x
MEXC AIXBT_USDT	+0.0100%	4h	0.02276	+0.220%	$460K	$188K	100x	as long as short
KuCoin AIXBTUSDTM	+0.0100%	4h	0.02275	+0.176%	$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 AIXBTUSDTshort	+0.0100%	4h	0.02276	+0.220%	$641K	$462K	20x
BingX AIXBT-USDT	+0.0100%	4h	0.02274	+0.132%	—	$6.6M	—	as long as short
GMX AIXBT/USD [ETH-USDC]	L +0.0270% / S −0.0489%	1h	0.02272	+0.031%	$5K	—	100x	as long as short
Reya AIXBTRUSDPERP	+0.0372%	1h	0.02270	−0.036%	—	—	—	as long as short