Funding you earn now, next payment 08:00 UTC−0.0089%/8h= −9.8% APRnext payment −$0.89 per $10,000 · paid last 24h −0.010%
Price spread now: Gate against Binance−0.087%7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$670.666% of the position
Funding, last 7 days−0.084%−$8 on $10k
+Price spread, last 2 days (all we have)−0.005%−$1 · spread now −0.087%, 7d avg −0.055%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.032% cheaper against Binance than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.055%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance AXTIUSDT | 82.321 | 0.0089 | pay 0.0089% / 8h | 7h 26m | $9.2M | $33.2M | 20x |
| Short | Gate AXTI_USDT | 82.250 | 0 | get 0.0000% / 8h | 7h 26m | $2.4M | $5.2M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Binance. 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
- −$18.71
- Price spread: −0.087% → −0.055%
- −$3.15
- Slippage, 4 orders
- −$41.61
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$88.47
- Costs to cover
- 0.666%
- Break-even
- never at this rate
Slippage from Binance: live order book, 15 min ago; Gate: live order book, 1 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 Binance live order book, 15 min ago | 0.61 bp | 17.5 bp −$18 | 45.9 bp −$459 | 100.1 bp −$10.0K | doesn't fit |
| Sell Gate live order book, 1 min ago | 6.08 bp | 18.7 bp −$19 | 73.4 bp −$734 | 118.0 bp −$11.8K | doesn't fit |
AXTI on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster AXTIUSDT | 0.0000% | 8h | 82.174 | −0.179% | $8K | $124K | 20x | as long as short |
| Bybit AXTIUSDT | 0.0000% | 8h | 82.290 | −0.038% | $1.9M | $1.3M | 25x | as long as short |
| OKX AXTI-USDT-SWAP | 0.0000% | 8h | 82.300 | −0.026% | $2.8M | $10.5M | 20x | as long as short |
| Gate AXTI_USDTshort | 0.0000% | 8h | 82.250 | −0.087% | $2.4M | $5.2M | 50x | |
| Bitget AXTIUSDT | 0.0000% | 8h | 82.340 | +0.023% | $1.7M | $3.3M | 20x | as long as short |
| SunX AXTI-USDT | 0.0000% | 8h | 81.890 | −0.524% | $898 | $1.1M | 10x | as long as short |
| HTX AXTI-USDT | 0.0000% | 8h | 81.920 | −0.488% | $19K | $38K | 20x | as long as short |
| Lighter AXTI | +0.0032% | 1h | 82.230 | −0.111% | — | — | 10x | as long as short |
| GRVT AXTI_USDT_Perp | +0.0037% | 8h | 81.840 | −0.585% | $749 | $176K | 10x | as long as short |
| QFEX AXTI-USD | +0.0039% | 1h | 82.280 | −0.050% | $1.1M | $2.9M | 10x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended AXTI-USD | +0.0088% | 1h | 82.282 | −0.048% | $7K | $207K | 10x | as long as short |
| Binance AXTIUSDTlong | +0.0089% | 8h | 82.321 | long leg | $9.2M | $33.2M | 20x | |
| KuCoin AXTIUSDTM | +0.0100% | 8h | 82.200 | −0.148% | $648K | $364K | 20x | as long as short |
| Aevo AXTI-PERP | +0.0104% | 1h | 82.261 | −0.074% | — | — | 10x | as long as short |
Binance AXTIUSDT
Gate AXTI_USDT
Aster AXTIUSDT
Bybit AXTIUSDT
OKX AXTI-USDT-SWAP
Bitget AXTIUSDT
SunX AXTI-USDT
HTX AXTI-USDT
Lighter AXTI
GRVT AXTI_USDT_Perp
Extended AXTI-USD
KuCoin AXTIUSDTM