Settings8H · net · $10k
Funding arb · Price arb /

AXL

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Alert: funding
Alert: spread
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: Bitget against KuCoin−0.154%7-day average −0.083% · you buy dearer than you sell
Net, funding: paid 7d − costs−$560as in the Funding arb table
Net, price: spread back to 7d avg − costs−$650as in the Price arb table
costs, in and out, $10k−$6436.429% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.827%+$83 on $10k
Price spread, last 4 days (all we have)+0.048%+$5 · spread now −0.154%, 7d avg −0.083%
Together, before fees+0.875%+$87 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.071% cheaper against KuCoin than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.083%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin AXLUSDTM0.052070.0100pay 0.0050% / 4h15m 34s$437K$71K30x
ShortBitget AXLUSDT0.051990.0100get 0.0050% / 4h15m 34s$560K$286K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.154% → −0.083%
−$7.09
Slippage, 4 orders
−$618.94
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$650.03
Costs to cover
6.429%
Break-even
never at this rate
Slippage from KuCoin: live order book, 18 min ago; Bitget: live order book, 19 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 18 min ago9.63 bp204.2 bp −$204doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 19 min ago4.82 bp22.9 bp −$23151.9 bp −$1,519doesn't fitdoesn't fit

AXL on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin AXL-USDT+0.0056%4h0.05205−0.038%$116K$10K50xas long as short
BingX AXL-USDT+0.0070%4h0.05203−0.077%$2.3Mas long as short
Aster AXLUSDT+0.0100%4h0.05202−0.103%$34K$6K5xas long as short
Binance AXLUSDT+0.0100%4h0.05202−0.103%$1.8M$2.9M50xas long as short
Bybit AXLUSDT+0.0100%4h0.05203−0.077%$1.5M$1.2M25xas long as short
MEXC AXL_USDT+0.0100%4h0.05198−0.173%$319K$149K50xas long as short
KuCoin AXLUSDTMlong+0.0100%4h0.05207long leg$437K$71K30x
Bitget AXLUSDTshort+0.0100%4h0.05199−0.154%$560K$286K50x
Variational Omni AXL+0.0100%4h0.05203−0.083%$6K$23Kas long as short