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: KuCoin against SunX+0.141%7-day average −0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$516as in the Funding arb table
Net, price: spread back to 7d avg − costs−$515as in the Price arb table
costs, in and out, $10k−$5355.350% of the position
Funding, last 7 days+0.195%+$19 on $10k
+Price spread, last 4 days (all we have)−0.221%−$22 · spread now +0.141%, 7d avg −0.055%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.195% dearer against SunX than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of −0.055%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX AXTI-USDT | 78.290 | 0 | get 0.0000% / 8h | 34m 00s | $1K | $937K | 10x |
| Short | KuCoin AXTIUSDTM | 78.400 | 0.0100 | get 0.0100% / 8h | 34m 00s | $603K | $496K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against SunX. 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: +0.141% → −0.055%
- $19.52
- Slippage, 4 orders
- −$515
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$494.48
- Costs to cover
- 5.350%
- Break-even
- 171.8 days
Slippage from SunX: live order book, 49 min ago; KuCoin: live order book, just now.
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 SunX live order book, 49 min ago | 45.93 bp | 64.5 bp −$65 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, just now | 25.49 bp | 168.7 bp −$169 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget AXTIUSDT | −0.1726% | 8h | 78.540 | +0.319% | $1.1M | $3.8M | 20x | as long as short |
| Aster AXTIUSDT | 0.0000% | 8h | 78.538 | +0.317% | $7K | $124K | 20x | as long as short |
| Extended AXTI-USD | 0.0000% | 1h | 78.428 | +0.176% | $7K | $295K | 10x | as long as short |
| Binance AXTIUSDT | 0.0000% | 8h | 78.513 | +0.285% | $8.3M | $35.4M | 20x | as long as short |
| Bybit AXTIUSDT | 0.0000% | 8h | 78.520 | +0.294% | $1.8M | $1.4M | 25x | as long as short |
| OKX AXTI-USDT-SWAP | 0.0000% | 8h | 78.510 | +0.281% | $2.6M | $11.5M | 20x | as long as short |
| Gate AXTI_USDT | 0.0000% | 8h | 78.520 | +0.294% | $1.6M | $6.2M | 50x | as long as short |
| GRVT AXTI_USDT_Perp | 0.0000% | 8h | 78.530 | +0.307% | $156 | $205K | 10x | as long as short |
| SunX AXTI-USDTlong | 0.0000% | 8h | 78.290 | long leg | $1K | $937K | 10x | |
| HTX AXTI-USDT | 0.0000% | 8h | 78.540 | +0.319% | $19K | $44K | 20x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX AXTI-USD | +0.0011% | 1h | 78.350 | +0.077% | $1.1M | $1.9M | 10x | as long as short |
| Lighter AXTI | +0.0032% | 1h | 78.460 | +0.217% | — | — | 10x | as long as short |
| KuCoin AXTIUSDTMshort | +0.0100% | 8h | 78.400 | +0.141% | $603K | $496K | 20x | |
| Aevo AXTI-PERP | +0.0104% | 1h | 78.459 | +0.216% | — | — | 10x | as long as short |
SunX AXTI-USDT
KuCoin AXTIUSDTM
Bitget AXTIUSDT
Aster AXTIUSDT
Extended AXTI-USD
Binance AXTIUSDT
Bybit AXTIUSDT
OKX AXTI-USDT-SWAP
Gate AXTI_USDT
GRVT AXTI_USDT_Perp
HTX AXTI-USDT
Lighter AXTI