After costs, if the gap returns to its 7d average, $10k−$153
spread now−0.018%7d average+0.024%fees + slippage, in and out−$149spread needed1.490%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance AXLUSDT | 0.05187 | 0.0100 | pay 0.0050% / 4h | 1h 44m | $1.9M | $3.8M | 50x |
| Short | BloFin AXL-USDT | 0.05186 | 0.0125 | get 0.0063% / 4h | 1h 44m | $139K | $6K | 50x |
Binance AXLUSDT
BloFin AXL-USDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$1.78
- Funding while held
- $0.76
- Slippage, 4 orders
- −$127.03
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$150.05
- Spread needed to break even
- 1.490%
Slippage from Binance: live order book, 9 min ago; BloFin: live order book, 58 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0025%
- Per $10,000 a day
- +$0.76
- Average in range /8h
- —
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 Binance live order book, 9 min ago | 1.93 bp | 41.2 bp −$41 | 260.4 bp −$2,604 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 58 min ago | 2.85 bp | 17.9 bp −$18 | 62.2 bp −$622 | doesn't fit | doesn't fit |
AXL price on every exchange
against the cheapest. Click to use as the short leg.KuCoin0.05184cheapestMEXC0.05186+0.039%Bitget0.05186+0.039%
KuCoin
MEXC
BitgetBloFin0.05186+0.039%
Variational Omni0.05186+0.041%
Variational OmniBinance0.05187+0.056%
BingX0.05187+0.058%Bybit0.05193+0.174%Aster0.05195+0.203%
BingX
Bybit
AsterAXL on 9 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin AXLUSDTM | −0.056% | +0.0100% | 4h | $439K | $88K | 30x | as long as short |
| MEXC AXL_USDT | −0.018% | +0.0100% | 4h | $336K | $151K | 50x | as long as short |
| Bitget AXLUSDT | −0.018% | +0.0100% | 4h | $556K | $284K | 50x | as long as short |
| BloFin AXL-USDTshort | −0.018% | +0.0125% | 4h | $139K | $6K | 50x | |
| Variational Omni AXL | −0.015% | +0.0100% | 4h | $6K | $24K | — | as long as short |
| Binance AXLUSDTlong | 0.000% | +0.0100% | 4h | $1.9M | $3.8M | 50x | |
| BingX AXL-USDT | +0.002% | +0.0070% | 4h | — | $2.3M | — | as long as short |
| Bybit AXLUSDT | +0.117% | +0.0100% | 4h | $1.5M | $1.7M | 25x | as long as short |
| Aster AXLUSDT | +0.147% | +0.0100% | 4h | $33K | $5K | 5x | as long as short |