Funding arb · Price arb /

AIXBT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0272%/8h= −29.8% APRpaid last 24h —

Price spread now: BingX against Reya+0.103%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Reya Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

The price spread pays, funding is against you. BingX is 0.103% dearer against Reya than usual: you sell high and buy low (spread +0.103% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 30 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya AIXBTRUSDPERP	0.02293	0.0372	pay 0.0047% / 1h	41m 23s	—	—	—
Short	BingX AIXBT-USDT	0.02295	0.0100	get 0.0050% / 4h	3h 41m	—	$6.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Reya. 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 ReyabpFee BingXbpOrdersPrice spread, now +0.103%Rate

Funding earned: −$57.16
Price spread: +0.103% → 0.000%: $10.3
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee BingX: 5 bp × 2 orders: −$10
Net: −$62.86
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; BingX: live order book, 11 min ago. Net counts fees only.

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 Reya no order-book sample	—	—	—	—	—
Sell BingX live order book, 11 min ago	2.18 bp	20.3 bp −$20	78.6 bp −$786	499.8 bp −$50.0K	822.4 bp −$411.2K

Reya: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_AIXBTUSD	−0.2439%	1h	0.02292	−0.026%	$19K	$5K	10x	as long as short
BloFin AIXBT-USDT	+0.0067%	4h	0.02301	+0.365%	$121K	$90K	50x	as long as short
Variational Omni AIXBT	+0.0100%	4h	0.02298	+0.239%	$99K	$12K	—	as long as short
Hyperliquid AIXBT	+0.0100%	1h	0.02297	+0.173%	$405K	$233K	3x	as long as short
Binance AIXBTUSDT	+0.0100%	4h	0.02294	+0.059%	$2.5M	$4.4M	50x	as long as short
Bybit AIXBTUSDT	+0.0100%	4h	0.02290	−0.093%	$1.2M	$1.3M	25x	as long as short
OKX AIXBT-USDT-SWAP	+0.0100%	4h	0.02293	+0.016%	$460K	$1.9M	20x	as long as short
Gate AIXBT_USDT	+0.0100%	4h	0.02298	+0.234%	$214K	$140K	25x	as long as short
MEXC AIXBT_USDT	+0.0100%	4h	0.02294	+0.059%	$705K	$283K	100x	as long as short
KuCoin AIXBTUSDTM	+0.0100%	4h	0.02293	+0.016%	$1.1M	$1.5M	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	0.02295	+0.103%	$656K	$644K	20x	as long as short
BingX AIXBT-USDTshort	+0.0100%	4h	0.02295	+0.103%	—	$6.6M	—
GMX AIXBT/USD [ETH-USDC]	L +0.0247% / S −0.0698%	1h	0.02297	+0.177%	$3K	—	100x	as long as short
Reya AIXBTRUSDPERPlong	+0.0372%	1h	0.02293	long leg	—	—	—