Settings8H · net · $10k
Funding arb · Price arb /

AIXBT

all AIXBT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC+0.0422%/8hpaid last 24h +0.229%
Price spread now: Bitget against Kraken Futures+0.074%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Bitget is 0.074% dearer against Kraken Futures than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_AIXBTUSD0.02234−0.0322get 0.0040% / 1h5m 16s$19K$7K10x
ShortBitget AIXBTUSDT0.022360.0100get 0.0050% / 4h5m 16s$635K$445K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Kraken Futures. 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

Funding earned
$88.67
Price spread: +0.074% → 0.000%
$7.39
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
$74.06
Costs to cover
0.220%
Break-even
1.2 days
Slippage unknown: Kraken Futures: no order-book sample; Bitget: live order book, 24 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures no order-book sample
Sell Bitget live order book, 24 min ago6.75 bp24.9 bp −$2596.6 bp −$966doesn't fitdoesn't fit
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

AIXBT on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_AIXBTUSDlong−0.0322%1h0.02234long leg$19K$7K10x
Variational Omni AIXBT−0.0224%4h0.02230−0.195%$98K$13Kas long as short
Hyperliquid AIXBT+0.0100%1h0.02235+0.020%$373K$182K3xas long as short
Binance AIXBTUSDT+0.0100%4h0.02233−0.046%$2.3M$2.8M50xas long as short
Bybit AIXBTUSDT+0.0100%4h0.02229−0.217%$1.2M$899K25xas long as short
OKX AIXBT-USDT-SWAP+0.0100%4h0.02232−0.105%$436K$1.5M20xas long as short
Gate AIXBT_USDT+0.0100%4h0.02236+0.074%$189K$78K25xas long as short
MEXC AIXBT_USDT+0.0100%4h0.02233−0.060%$430K$183K100xas long as short
KuCoin AIXBTUSDTM+0.0100%4h0.02231−0.150%$1.1M$1.3M30xas long as short
Bitget AIXBTUSDTshort+0.0100%4h0.02236+0.074%$635K$445K20x
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX AIXBT-USDT+0.0100%4h0.02233−0.060%$6.6Mas long as short
BloFin AIXBT-USDT+0.0109%4h0.02232−0.105%$120K$61K50xas long as short
GMX AIXBT/USD [ETH-USDC]L +0.0269% / S −0.0489%1h0.02236+0.060%$5K100xas long as short
Reya AIXBTRUSDPERP+0.0372%1h0.02233−0.049%as long as short