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

AIXBT

all AIXBT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.1733%/8h= +189.7% APRnext payment +$2.17 per $10,000 · paid last 24h +0.334%
Price spread now: GMX against Kraken Futures+0.091%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 3 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 +$52 a day on $10k at the current rate, and GMX is 0.091% dearer against Kraken Futures than usual: you sell high and buy low: +$9 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_AIXBTUSD0.02268−0.1244get 0.0156% / 1h40m 43s$18K$7K10x
ShortGMX AIXBT/USD [ETH-USDC]0.02270L +0.0270% / S −0.0489%get 0.0061% / 1h40m 43s$5K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$363.89
Price spread: +0.091% → 0.000%
$9.09
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
$350.98
Costs to cover
0.220%
Break-even
0.2 days
Slippage unknown: Kraken Futures: no order-book sample; GMX: no order-book sample. 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 GMX no order-book sample
Kraken Futures and GMX: 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−0.1244%1h0.02268long leg$18K$7K10x
Hyperliquid AIXBT+0.0100%1h0.02270+0.113%$377K$180K3xas long as short
Binance AIXBTUSDT+0.0100%4h0.02269+0.048%$2.4M$2.9M50xas long as short
Bybit AIXBTUSDT+0.0100%4h0.02266−0.068%$1.2M$971K25xas long as short
OKX AIXBT-USDT-SWAP+0.0100%4h0.02267−0.033%$460K$1.5M20xas long as short
Gate AIXBT_USDT+0.0100%4h0.02270+0.100%$194K$80K25xas long as short
MEXC AIXBT_USDT+0.0100%4h0.02269+0.056%$452K$185K100xas long as short
KuCoin AIXBTUSDTM+0.0100%4h0.02268+0.012%$1.2M$1.4M30xas long as short
Bitget AIXBTUSDT+0.0100%4h0.02271+0.144%$645K$454K20xas long as short
BingX AIXBT-USDT+0.0100%4h0.02268+0.012%$6.6Mas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni AIXBT+0.0100%4h0.02267−0.023%$100K$11Kas long as short
BloFin AIXBT-USDT+0.0115%4h0.02268+0.012%$119K$64K50xas long as short
GMX AIXBT/USD [ETH-USDC]shortL +0.0270% / S −0.0489%1h0.02270+0.091%$5K100x
Reya AIXBTRUSDPERP+0.0372%1h0.02269+0.065%as long as short