Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bitget+0.047%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$1151.153% of the position
Funding, last 7 days+0.011%+$1 on $10k
+Price spread, last 5 days (all we have)−0.275%−$28 · spread now +0.047%, 7d avg +0.005%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.041% dearer against Bitget than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget AXLUSDT | 0.05393 | 0.0100 | pay 0.0050% / 4h | 2h 06m | $573K | $209K | 50x |
| Short | Binance AXLUSDT | 0.05396 | 0.0100 | get 0.0050% / 4h | 2h 06m | $1.9M | $2.3M | 50x |
Bitget AXLUSDT
Binance AXLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.047% → +0.005%
- $4.14
- Slippage, 4 orders
- −$93.33
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$111.2
- Costs to cover
- 1.153%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 52 min ago; Binance: live order book, 6 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 Bitget live order book, 52 min ago | 9.30 bp | 25.5 bp −$25 | 140.6 bp −$1,406 | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 2.78 bp | 35.2 bp −$35 | 106.4 bp −$1,064 | doesn't fit | doesn't fit |
AXL on 9 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin AXL-USDT | +0.0056% | 4h | 0.05406 | +0.241% | $134K | $9K | 50x | as long as short |
| Aster AXLUSDT | +0.0100% | 4h | 0.05398 | +0.092% | $38K | $5K | 5x | as long as short |
| Binance AXLUSDTshort | +0.0100% | 4h | 0.05396 | +0.047% | $1.9M | $2.3M | 50x | |
| Bybit AXLUSDT | +0.0100% | 4h | 0.05393 | 0.000% | $1.5M | $779K | 25x | as long as short |
| MEXC AXL_USDT | +0.0100% | 4h | 0.05394 | +0.019% | $300K | $119K | 50x | as long as short |
| KuCoin AXLUSDTM | +0.0100% | 4h | 0.05405 | +0.223% | $434K | $64K | 30x | as long as short |
| Bitget AXLUSDTlong | +0.0100% | 4h | 0.05393 | long leg | $573K | $209K | 50x | |
| BingX AXL-USDT | +0.0100% | 4h | 0.05396 | +0.056% | — | $2.3M | — | as long as short |
| Variational Omni AXL | +0.0100% | 4h | 0.05407 | +0.266% | $7K | $6K | — | as long as short |
BloFin AXL-USDT
Aster AXLUSDT
Bybit AXLUSDT
MEXC AXL_USDT
KuCoin AXLUSDTM
BingX AXL-USDT
Variational Omni AXL