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: Bitget against MEXC0.000%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$960.963% of the position
Funding, last 7 days+0.592%+$59 on $10k
+Price spread, last 4 days (all we have)+0.055%+$5 · spread now 0.000%, 7d avg +0.012%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC AXL_USDT | 0.05209 | 0.0100 | pay 0.0050% / 4h | 25m 59s | $343K | $162K | 50x |
| Short | Bitget AXLUSDT | 0.05209 | 0.0100 | get 0.0050% / 4h | 25m 59s | $573K | $293K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against MEXC. 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: 0.000% → +0.012%
- −$1.22
- Slippage, 4 orders
- −$80.31
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$97.53
- Costs to cover
- 0.963%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 34 min ago; Bitget: live order book, 49 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 MEXC live order book, 34 min ago | 3.84 bp | 15.9 bp −$16 | 60.5 bp −$605 | 106.9 bp −$10.7K | doesn't fit |
| Sell Bitget live order book, 49 min ago | 5.76 bp | 40.3 bp −$40 | 221.2 bp −$2,212 | 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 | +0.0063% | 4h | 0.05206 | −0.058% | $122K | $11K | 50x | as long as short |
| BingX AXL-USDT | +0.0070% | 4h | 0.05210 | +0.019% | — | $2.3M | — | as long as short |
| Aster AXLUSDT | +0.0100% | 4h | 0.05210 | +0.027% | $34K | $6K | 5x | as long as short |
| Binance AXLUSDT | +0.0100% | 4h | 0.05209 | 0.000% | $1.8M | $4.1M | 50x | as long as short |
| Bybit AXLUSDT | +0.0100% | 4h | 0.05211 | +0.038% | $1.4M | $1.9M | 25x | as long as short |
| MEXC AXL_USDTlong | +0.0100% | 4h | 0.05209 | long leg | $343K | $162K | 50x | |
| KuCoin AXLUSDTM | +0.0100% | 4h | 0.05210 | +0.019% | $437K | $94K | 30x | as long as short |
| Bitget AXLUSDTshort | +0.0100% | 4h | 0.05209 | 0.000% | $573K | $293K | 50x | |
| Variational Omni AXL | +0.0100% | 4h | 0.05209 | −0.002% | $6K | $23K | — | as long as short |
MEXC AXL_USDT
Bitget AXLUSDT
BloFin AXL-USDT
BingX AXL-USDT
Aster AXLUSDT
Binance AXLUSDT
Bybit AXLUSDT
KuCoin AXLUSDTM
Variational Omni AXL