Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Gate against KuCoin−0.012%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$479as in the Funding arb table
Net, price: spread back to 7d avg − costs−$461as in the Price arb table
costs, in and out, $10k−$4604.599% of the position
Funding, last 7 days−0.195%−$19 on $10k
+Price spread, last 4 days (all we have)−0.002%$0 · spread now −0.012%, 7d avg +0.002%
=The price spread sits at its 7-day average of +0.002%, 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 | 81.250 | 0.0100 | pay 0.0100% / 8h | 5h 52m | $638K | $381K | 20x |
| Short | Gate AXTI_USDT | 81.240 | 0 | get 0.0000% / 8h | 5h 52m | $2.3M | $5.0M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.012% → +0.002%
- −$1.45
- Slippage, 4 orders
- −$432.93
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$482.38
- Costs to cover
- 4.599%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 46 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 KuCoin live order book, 46 min ago | 16.12 bp | 216.9 bp −$217 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 1.85 bp | 26.2 bp −$26 | 77.4 bp −$774 | 117.2 bp −$11.7K | 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 | 81.253 | +0.004% | $8K | $124K | 20x | as long as short |
| Bybit AXTIUSDT | 0.0000% | 8h | 81.210 | −0.049% | $1.9M | $1.3M | 25x | as long as short |
| OKX AXTI-USDT-SWAP | 0.0000% | 8h | 81.230 | −0.025% | $2.8M | $9.9M | 20x | as long as short |
| Gate AXTI_USDTshort | 0.0000% | 8h | 81.240 | −0.012% | $2.3M | $5.0M | 50x | |
| Bitget AXTIUSDT | 0.0000% | 8h | 81.270 | +0.025% | $1.7M | $3.2M | 20x | as long as short |
| GRVT AXTI_USDT_Perp | 0.0000% | 8h | 81.200 | −0.062% | $858 | $171K | 10x | as long as short |
| SunX AXTI-USDT | 0.0000% | 8h | 81.190 | −0.074% | $959 | $1.0M | 10x | as long as short |
| HTX AXTI-USDT | 0.0000% | 8h | 81.220 | −0.037% | $20K | $40K | 20x | as long as short |
| QFEX AXTI-USD | +0.0024% | 1h | 81.210 | −0.049% | $1.1M | $2.7M | 10x | as long as short |
| Extended AXTI-USD | +0.0024% | 1h | 81.239 | −0.014% | $9K | $207K | 10x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance AXTIUSDT | +0.0025% | 8h | 81.250 | 0.000% | $9.0M | $33.1M | 20x | as long as short |
| Lighter AXTI | +0.0032% | 1h | 81.230 | −0.025% | — | — | 10x | as long as short |
| KuCoin AXTIUSDTMlong | +0.0100% | 8h | 81.250 | long leg | $638K | $381K | 20x | |
| Aevo AXTI-PERP | +0.0104% | 1h | 81.226 | −0.029% | — | — | 10x | as long as short |
KuCoin AXTIUSDTM
Gate AXTI_USDT
Aster AXTIUSDT
Bybit AXTIUSDT
OKX AXTI-USDT-SWAP
Bitget AXTIUSDT
GRVT AXTI_USDT_Perp
SunX AXTI-USDT
HTX AXTI-USDT
Extended AXTI-USD
Binance AXTIUSDT
Lighter AXTI