After costs, if the gap returns to its 7d average, $10k−$143
spread now−0.155%7d average+0.011%fees + slippage, in and out−$127spread needed1.268%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin AXL-USDT | 0.05156 | 0.0130 | pay 0.0065% / 4h | 1h 25m | $128K | $10K | 50x |
| Short | BingX AXL-USDT | 0.05148 | 0.0070 | get 0.0035% / 4h | 1h 25m | — | $2.3M | — |
Price 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
- −$15.52
- Funding while held
- −$1.79
- Slippage, 4 orders
- −$104.82
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$144.12
- Spread needed to break even
- 1.268%
Slippage from BloFin: live order book, 57 min ago; BingX: live order book, 14 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0060%
- Per $10,000 a day
- −$1.79
- 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 BloFin live order book, 57 min ago | 2.89 bp | 26.6 bp −$27 | 82.1 bp −$821 | doesn't fit | doesn't fit |
| Sell BingX live order book, 14 min ago | 7.75 bp | 39.9 bp −$40 | 129.5 bp −$1,295 | 616.8 bp −$61.7K | 814.4 bp −$407.2K |
AXL price on every exchange
against the cheapest. Click to use as the short leg.AXL on 9 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX AXL-USDTshort | −0.155% | +0.0070% | 4h | — | $2.3M | — | |
| Binance AXLUSDT | −0.136% | +0.0100% | 4h | $1.8M | $4.1M | 50x | as long as short |
| Bybit AXLUSDT | −0.116% | +0.0100% | 4h | $1.5M | $1.9M | 25x | as long as short |
| MEXC AXL_USDT | −0.097% | +0.0100% | 4h | $335K | $162K | 50x | as long as short |
| Bitget AXLUSDT | −0.097% | +0.0100% | 4h | $570K | $305K | 50x | as long as short |
| Aster AXLUSDT | −0.088% | +0.0100% | 4h | $34K | $6K | 5x | as long as short |
| KuCoin AXLUSDTM | −0.039% | +0.0100% | 4h | $435K | $93K | 30x | as long as short |
| BloFin AXL-USDTlong | 0.000% | +0.0130% | 4h | $128K | $10K | 50x | |
| Variational Omni AXL | +0.024% | +0.0100% | 4h | $5K | $24K | — | as long as short |
BloFin AXL-USDT
BingX AXL-USDT
Binance
Bybit
MEXC
Bitget
Aster
KuCoin
Variational Omni