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: Binance against KuCoin−0.138%7-day average −0.085% · you buy dearer than you sell
Net, funding: paid 7d − costs−$739as in the Funding arb table
Net, price: spread back to 7d avg − costs−$781as in the Price arb table
costs, in and out, $10k−$7767.759% of the position
Funding, last 7 days+0.367%+$37 on $10k
+Price spread, last 4 days (all we have)−0.092%−$9 · spread now −0.138%, 7d avg −0.085%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.053% cheaper against KuCoin than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.085%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin AXLUSDTM | 0.05190 | 0.0100 | pay 0.0050% / 4h | 1h 46m | $435K | $94K | 30x |
| Short | Binance AXLUSDT | 0.05183 | 0.0100 | get 0.0050% / 4h | 1h 46m | $1.8M | $4.1M | 50x |
KuCoin AXLUSDTM
Binance AXLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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: −0.138% → −0.085%
- −$5.28
- Slippage, 4 orders
- −$753.94
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$781.22
- Costs to cover
- 7.759%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 25 min ago; Binance: live order book, 5 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 KuCoin live order book, 25 min ago | 16.33 bp | 222.6 bp −$223 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 1.93 bp | 45.1 bp −$45 | 137.6 bp −$1,376 | 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 | 0.05183 | −0.135% | — | $2.3M | — | as long as short |
| Aster AXLUSDT | +0.0100% | 4h | 0.05183 | −0.132% | $34K | $6K | 5x | as long as short |
| Binance AXLUSDTshort | +0.0100% | 4h | 0.05183 | −0.138% | $1.8M | $4.1M | 50x | |
| Bybit AXLUSDT | +0.0100% | 4h | 0.05182 | −0.154% | $1.4M | $1.9M | 25x | as long as short |
| MEXC AXL_USDT | +0.0100% | 4h | 0.05183 | −0.135% | $349K | $159K | 50x | as long as short |
| KuCoin AXLUSDTMlong | +0.0100% | 4h | 0.05190 | long leg | $435K | $94K | 30x | |
| Bitget AXLUSDT | +0.0100% | 4h | 0.05183 | −0.135% | $568K | $298K | 50x | as long as short |
| Variational Omni AXL | +0.0100% | 4h | 0.05185 | −0.105% | $6K | $24K | — | as long as short |
| BloFin AXL-USDT | +0.0102% | 4h | 0.05189 | −0.019% | $122K | $12K | 50x | as long as short |
BingX AXL-USDT
Aster AXLUSDT
Bybit AXLUSDT
MEXC AXL_USDT
Bitget AXLUSDT
Variational Omni AXL
BloFin AXL-USDT