Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.020%
Price spread now: KuCoin against Binance−0.160%7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$434as in the Funding arb table
Net, price: spread back to 7d avg − costs−$455as in the Price arb table
costs, in and out, $10k−$4454.448% of the position
Funding, last 7 days+0.111%+$11 on $10k
+Price spread, last 4 days (all we have)−0.358%−$36 · spread now −0.160%, 7d avg −0.054%
=Funding pays, the price is against you. KuCoin is 0.106% cheaper against Binance than usual: you would sell low and buy high (spread −0.160% now, against its 7-day average of −0.054%). If the spread goes back, that is −$11 on $10k: about 3.5 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance AXTIUSDT | 81.380 | 0 | get 0.0000% / 8h | 4h 05m | $8.8M | $32.9M | 20x |
| Short | KuCoin AXTIUSDTM | 81.250 | 0.0100 | get 0.0100% / 8h | 4h 05m | $637K | $463K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21
- Price spread: −0.160% → −0.054%
- −$10.57
- Slippage, 4 orders
- −$422.8
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$434.38
- Costs to cover
- 4.448%
- Break-even
- 151.8 days
Slippage from Binance: live order book, 6 min ago; KuCoin: live order book, 8 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, 6 min ago | 1.23 bp | 14.8 bp −$15 | 46.1 bp −$461 | 118.2 bp −$11.8K | doesn't fit |
| Sell KuCoin live order book, 8 min ago | 3.09 bp | 177.7 bp −$178 | doesn't fit | doesn't fit | 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 | 81.331 | −0.060% | $8K | $124K | 20x | as long as short |
| Extended AXTI-USD | 0.0000% | 1h | 81.371 | −0.011% | $7K | $211K | 10x | as long as short |
| Binance AXTIUSDTlong | 0.0000% | 8h | 81.380 | long leg | $8.8M | $32.9M | 20x | |
| Bybit AXTIUSDT | 0.0000% | 8h | 81.360 | −0.025% | $1.9M | $1.3M | 25x | as long as short |
| OKX AXTI-USDT-SWAP | 0.0000% | 8h | 81.340 | −0.049% | $2.7M | $10.0M | 20x | as long as short |
| Gate AXTI_USDT | 0.0000% | 8h | 81.360 | −0.025% | $2.2M | $5.1M | 50x | as long as short |
| Bitget AXTIUSDT | 0.0000% | 8h | 81.410 | +0.037% | $1.7M | $3.2M | 20x | as long as short |
| GRVT AXTI_USDT_Perp | 0.0000% | 8h | 81.400 | +0.024% | $189 | $181K | 10x | as long as short |
| SunX AXTI-USDT | 0.0000% | 8h | 81.300 | −0.098% | $544 | $1.0M | 10x | as long as short |
| HTX AXTI-USDT | 0.0000% | 8h | 81.390 | +0.012% | $20K | $40K | 20x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter AXTI | +0.0032% | 1h | 81.370 | −0.012% | — | — | 10x | as long as short |
| QFEX AXTI-USD | +0.0035% | 1h | 81.370 | −0.012% | $1.1M | $2.2M | 10x | as long as short |
| KuCoin AXTIUSDTMshort | +0.0100% | 8h | 81.250 | −0.160% | $637K | $463K | 20x | |
| Aevo AXTI-PERP | +0.0104% | 1h | 81.386 | +0.008% | — | — | 10x | as long as short |
Binance AXTIUSDT
KuCoin AXTIUSDTM
Aster AXTIUSDT
Extended AXTI-USD
Bybit AXTIUSDT
OKX AXTI-USDT-SWAP
Gate AXTI_USDT
Bitget AXTIUSDT
GRVT AXTI_USDT_Perp
SunX AXTI-USDT
HTX AXTI-USDT
Lighter AXTI