Funding arb · Price arb /

AIXBT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0272%/8h= −29.8% APRpaid last 24h —

Price spread now: OKX against Reya−0.040%7-day average — · you buy dearer than you sell

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

Long on Reya Short on OKX

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

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and OKX is 0.040% cheaper against Reya than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya AIXBTRUSDPERP	0.02252	0.0372	pay 0.0047% / 1h	39m 21s	—	—	—
Short	OKX AIXBT-USDT-SWAP	0.02251	0.0100	get 0.0050% / 4h	2h 39m	$452K	$1.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.040%Rate

Funding earned: −$57.16
Price spread: −0.040% → 0.000%: −$4.03
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee OKX: 5 bp × 2 orders: −$10
Net: −$77.19
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; OKX: live order book, 2 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 OKX live order book, 2 min ago	4.45 bp	32.4 bp −$32	doesn't fit	doesn't fit	doesn't fit

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	−0.1573%	1h	0.02250	−0.087%	$18K	$7K	10x	as long as short
Variational Omni AIXBT	−0.0063%	4h	0.02244	−0.367%	$98K	$11K	—	as long as short
BloFin AIXBT-USDT	+0.0069%	4h	0.02269	+0.759%	$120K	$72K	50x	as long as short
Hyperliquid AIXBT	+0.0100%	1h	0.02254	+0.075%	$381K	$196K	3x	as long as short
Binance AIXBTUSDT	+0.0100%	4h	0.02253	+0.049%	$2.3M	$3.2M	50x	as long as short
Bybit AIXBTUSDT	+0.0100%	4h	0.02251	−0.040%	$1.2M	$1.0M	25x	as long as short
OKX AIXBT-USDT-SWAPshort	+0.0100%	4h	0.02251	−0.040%	$452K	$1.5M	20x
Gate AIXBT_USDT	+0.0100%	4h	0.02247	−0.218%	$198K	$100K	25x	as long as short
MEXC AIXBT_USDT	+0.0100%	4h	0.02252	+0.004%	$428K	$196K	100x	as long as short
KuCoin AIXBTUSDTM	+0.0100%	4h	0.02243	−0.396%	$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	0.02254	+0.093%	$635K	$504K	20x	as long as short
BingX AIXBT-USDT	+0.0100%	4h	0.02252	+0.004%	—	$6.6M	—	as long as short
GMX AIXBT/USD [ETH-USDC]	L +0.0269% / S −0.0486%	1h	0.02253	+0.049%	$5K	—	100x	as long as short
Reya AIXBTRUSDPERPlong	+0.0372%	1h	0.02252	long leg	—	—	—