Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit−0.089%7-day average −0.148% · you buy dearer than you sell
Net, funding: paid 7d − costs−$175as in the Funding arb table
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1391.387% of the position
Funding, last 7 days−0.365%−$37 on $10k
+Price spread, last 7 days−0.129%−$13 · spread now −0.089%, 7d avg −0.148%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.059% dearer against Bybit than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.148%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit AXLUSDT | 0.05224 | 0.0100 | pay 0.0050% / 4h | 1h 05m | $1.5M | $1.3M | 25x |
| Short | Binance AXLUSDT | 0.05219 | 0.0100 | get 0.0050% / 4h | 1h 05m | $1.8M | $3.0M | 50x |
Bybit AXLUSDT
Binance AXLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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: −0.089% → −0.148%
- $5.91
- Slippage, 4 orders
- −$117.67
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$132.76
- Costs to cover
- 1.387%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; Binance: live order book, 15 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 Bybit live order book, 1 min ago | 4.79 bp | 41.1 bp −$41 | 188.8 bp −$1,888 | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 2.86 bp | 37.1 bp −$37 | 154.7 bp −$1,547 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin AXL-USDT | +0.0056% | 4h | 0.05217 | −0.134% | $117K | $10K | 50x | as long as short |
| BingX AXL-USDT | +0.0070% | 4h | 0.05223 | −0.019% | — | $2.3M | — | as long as short |
| Aster AXLUSDT | +0.0100% | 4h | 0.05221 | −0.060% | $34K | $6K | 5x | as long as short |
| Binance AXLUSDTshort | +0.0100% | 4h | 0.05219 | −0.089% | $1.8M | $3.0M | 50x | |
| Bybit AXLUSDTlong | +0.0100% | 4h | 0.05224 | long leg | $1.5M | $1.3M | 25x | |
| MEXC AXL_USDT | +0.0100% | 4h | 0.05219 | −0.096% | $320K | $162K | 50x | as long as short |
| KuCoin AXLUSDTM | +0.0100% | 4h | 0.05227 | +0.057% | $439K | $72K | 30x | as long as short |
| Bitget AXLUSDT | +0.0100% | 4h | 0.05222 | −0.038% | $563K | $299K | 50x | as long as short |
| Variational Omni AXL | +0.0100% | 4h | 0.05224 | −0.008% | $6K | $23K | — | as long as short |
BloFin AXL-USDT
BingX AXL-USDT
Aster AXLUSDT
MEXC AXL_USDT
KuCoin AXLUSDTM
Bitget AXLUSDT
Variational Omni AXL