Funding arb · Price arb /

AIXBT

all AIXBT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against MEXC+0.044%7-day average −0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$157as in the Funding arb table

Net, price: spread back to 7d avg − costs−$153as in the Price arb table

costs, in and out, $10k−$1581.576% of the position

Long on MEXC Short on Gate

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)−0.044%−$4 · spread now +0.044%, 7d avg −0.001%

Together, before fees−0.035%−$4 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: Gate is 0.045% dearer against MEXC than usual: you sell high and buy low, +$4 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	MEXC AIXBT_USDT	0.02282	0.0100	pay 0.0050% / 4h	3h 30m	$474K	$188K	100x
Short	Gate AIXBT_USDT	0.02283	0.0100	get 0.0050% / 4h	3h 30m	$202K	$97K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against MEXC. 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 MEXCbpFee GatebpOrdersPrice spread, now +0.044%Rate

Funding earned: $0
Price spread: +0.044% → −0.001%: $4.46
Slippage, 4 orders: −$138.63
Fee MEXC: 2 bp × 2 orders: −$4
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$153.18
Costs to cover: 1.576%
Break-even: never at this rate

Slippage from MEXC: live order book, 34 min ago; Gate: live order book, 36 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 MEXC live order book, 34 min ago	2.20 bp	13.0 bp −$13	40.7 bp −$407	126.5 bp −$12.6K	doesn't fit
Sell Gate live order book, 36 min ago	6.62 bp	60.0 bp −$60	doesn't fit	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	−0.1539%	1h	0.02281	−0.026%	$18K	$7K	10x	as long as short
Variational Omni AIXBT	+0.0034%	4h	0.02281	−0.059%	$100K	$11K	—	as long as short
BloFin AIXBT-USDT	+0.0042%	4h	0.02281	−0.044%	$119K	$65K	50x	as long as short
Hyperliquid AIXBT	+0.0100%	1h	0.02284	+0.066%	$380K	$180K	3x	as long as short
Binance AIXBTUSDT	+0.0100%	4h	0.02281	−0.027%	$2.4M	$3.0M	50x	as long as short
Bybit AIXBTUSDT	+0.0100%	4h	0.02279	−0.123%	$1.2M	$971K	25x	as long as short
OKX AIXBT-USDT-SWAP	+0.0100%	4h	0.02279	−0.131%	$461K	$1.5M	20x	as long as short
Gate AIXBT_USDTshort	+0.0100%	4h	0.02283	+0.044%	$202K	$97K	25x
MEXC AIXBT_USDTlong	+0.0100%	4h	0.02282	long leg	$474K	$188K	100x
KuCoin AIXBTUSDTM	+0.0100%	4h	0.02284	+0.088%	$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 AIXBTUSDT	+0.0100%	4h	0.02285	+0.131%	$641K	$467K	20x	as long as short
BingX AIXBT-USDT	+0.0100%	4h	0.02282	0.000%	—	$6.6M	—	as long as short
GMX AIXBT/USD [ETH-USDC]	L +0.0262% / S −0.0442%	1h	0.02281	−0.039%	$4K	—	100x	as long as short
Reya AIXBTRUSDPERP	+0.0372%	1h	0.02280	−0.103%	—	—	—	as long as short