Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Bitget−0.193%7-day average +0.082% · you buy dearer than you sell
Net, funding: paid 7d − costs−$174as in the Funding arb table
Net, price: spread back to 7d avg − costs−$180as in the Price arb table
costs, in and out, $10k−$1531.526% of the position
Funding, last 7 days−0.218%−$22 on $10k
+Price spread, last 4 days (all we have)+0.185%+$18 · spread now −0.193%, 7d avg +0.082%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.275% cheaper against Bitget than usual: you would sell low and buy high, −$27 on $10k if it goes back to its 7-day average of +0.082%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget AXLUSDT | 0.05192 | 0.0100 | pay 0.0050% / 4h | 1h 34m | $571K | $300K | 50x |
| Short | Bybit AXLUSDT | 0.05182 | 0.0100 | get 0.0050% / 4h | 1h 34m | $1.4M | $1.9M | 25x |
Bitget AXLUSDT
Bybit AXLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.193% → +0.082%
- −$27.49
- Slippage, 4 orders
- −$129.62
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$180.11
- Costs to cover
- 1.526%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 46 min ago; Bybit: live order book, 2 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, 46 min ago | 7.67 bp | 39.3 bp −$39 | 234.0 bp −$2,340 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 2.89 bp | 38.8 bp −$39 | 177.4 bp −$1,774 | doesn't fit | doesn't fit |
AXL on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX AXL-USDT | +0.0070% | 4h | 0.05184 | −0.154% | — | $2.3M | — | as long as short |
| Aster AXLUSDT | +0.0100% | 4h | 0.05181 | −0.208% | $34K | $6K | 5x | as long as short |
| Binance AXLUSDT | +0.0100% | 4h | 0.05182 | −0.199% | $1.8M | $4.1M | 50x | as long as short |
| Bybit AXLUSDTshort | +0.0100% | 4h | 0.05182 | −0.193% | $1.4M | $1.9M | 25x | |
| MEXC AXL_USDT | +0.0100% | 4h | 0.05181 | −0.212% | $349K | $160K | 50x | as long as short |
| KuCoin AXLUSDTM | +0.0100% | 4h | 0.05187 | −0.096% | $435K | $94K | 30x | as long as short |
| Bitget AXLUSDTlong | +0.0100% | 4h | 0.05192 | long leg | $571K | $300K | 50x | |
| Variational Omni AXL | +0.0100% | 4h | 0.05188 | −0.069% | $6K | $24K | — | as long as short |
| BloFin AXL-USDT | +0.0113% | 4h | 0.05197 | +0.096% | $122K | $12K | 50x | as long as short |
BingX AXL-USDT
Aster AXLUSDT
Binance AXLUSDT
MEXC AXL_USDT
KuCoin AXLUSDTM
Variational Omni AXL
BloFin AXL-USDT