Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.019%
Price spread now: Bitget against KuCoin+0.073%7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$417as in the Funding arb table
Net, price: spread back to 7d avg − costs−$418as in the Price arb table
costs, in and out, $10k−$4204.195% of the position
Funding, last 7 days+0.020%+$2 on $10k
+Price spread, last 4 days (all we have)−0.044%−$4 · spread now +0.073%, 7d avg +0.054%
=The price spread sits at its 7-day average of +0.054%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin AXTIUSDTM | 81.680 | 0.0100 | pay 0.0100% / 8h | 5h 03m | $640K | $408K | 20x |
| Short | Bitget AXTIUSDT | 81.740 | 0 | get 0.0000% / 8h | 5h 03m | $1.7M | $3.2M | 20x |
KuCoin AXTIUSDTM
Bitget AXTIUSDTFunding 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 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: +0.073% → +0.054%
- $1.92
- Slippage, 4 orders
- −$395.51
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$438.59
- Costs to cover
- 4.195%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 20 min ago; Bitget: live order book, 4 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, 20 min ago | 17.24 bp | 204.2 bp −$204 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 4.28 bp | 35.0 bp −$35 | 45.5 bp −$455 | 107.2 bp −$10.7K | 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 | 81.700 | +0.024% | $8K | $124K | 20x | as long as short |
| Extended AXTI-USD | 0.0000% | 1h | 81.690 | +0.012% | $7K | $206K | 10x | as long as short |
| Binance AXTIUSDT | 0.0000% | 8h | 81.718 | +0.047% | $9.1M | $32.8M | 20x | as long as short |
| Bybit AXTIUSDT | 0.0000% | 8h | 81.750 | +0.086% | $1.9M | $1.3M | 25x | as long as short |
| OKX AXTI-USDT-SWAP | 0.0000% | 8h | 81.710 | +0.037% | $2.8M | $9.9M | 20x | as long as short |
| Gate AXTI_USDT | 0.0000% | 8h | 81.700 | +0.024% | $2.3M | $5.0M | 50x | as long as short |
| Bitget AXTIUSDTshort | 0.0000% | 8h | 81.740 | +0.073% | $1.7M | $3.2M | 20x | |
| GRVT AXTI_USDT_Perp | 0.0000% | 8h | 81.756 | +0.093% | $333 | $174K | 10x | as long as short |
| SunX AXTI-USDT | 0.0000% | 8h | 81.740 | +0.073% | $942 | $1.0M | 10x | as long as short |
| HTX AXTI-USDT | 0.0000% | 8h | 81.630 | −0.061% | $20K | $40K | 20x | as long as short |
Aster AXTIUSDT
Extended AXTI-USD
Binance AXTIUSDT
Bybit AXTIUSDT
OKX AXTI-USDT-SWAP
Gate AXTI_USDT
GRVT AXTI_USDT_Perp
SunX AXTI-USDT
HTX AXTI-USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX AXTI-USD | +0.0024% | 1h | 81.700 | +0.024% | $1.1M | $2.4M | 10x | as long as short |
| Lighter AXTI | +0.0032% | 1h | 81.700 | +0.024% | — | — | 10x | as long as short |
| KuCoin AXTIUSDTMlong | +0.0100% | 8h | 81.680 | long leg | $640K | $408K | 20x | |
| Aevo AXTI-PERP | +0.0104% | 1h | 81.731 | +0.062% | — | — | 10x | as long as short |
QFEX AXTI-USD
Lighter AXTI
Aevo AXTI-PERP