Settings8H · net · $10k
Funding arb · Price arb /

AXL

all AXL markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0024%/8h= +2.6% APRnext payment +$0.12 per $10,000 · paid last 24h +0.017%
Price spread now: BloFin against Aster−0.081%102s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Funding pays, the price is against you. BloFin is 0.081% cheaper against Aster than usual: you would sell low and buy high (spread −0.081% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 11 days of funding at the current rate (+$1 a day). The two prices were read 102 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster AXLUSDT0.052400.0100pay 0.0050% / 4h3h 31m$34K$7K5x
ShortBloFin AXL-USDT0.052360.0124get 0.0062% / 4h3h 31m$120K$10K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Aster. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$4.97
Price spread: −0.081% → 0.000%
−$8.13
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$23.17
Costs to cover
0.200%
Break-even
39.6 days
Slippage unknown: Aster: no order-book sample; BloFin: live order book, 57 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell BloFin live order book, 57 min ago4.78 bp28.1 bp −$2890.1 bp −$901doesn't fitdoesn't fit
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

AXL on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX AXL-USDT+0.0070%4h0.05240−0.005%$2.3Mas long as short
Aster AXLUSDTlong+0.0100%4h0.05240long leg$34K$7K5x
Binance AXLUSDT+0.0100%4h0.052400.000%$1.8M$4.1M50xas long as short
Bybit AXLUSDT+0.0100%4h0.05242+0.033%$1.5M$1.9M25xas long as short
MEXC AXL_USDT+0.0100%4h0.05243+0.052%$327K$167K50xas long as short
KuCoin AXLUSDTM+0.0100%4h0.05240−0.005%$439K$87K30xas long as short
Bitget AXLUSDT+0.0100%4h0.05240−0.005%$575K$297K50xas long as short
Variational Omni AXL+0.0100%4h0.05238−0.042%$6K$23Kas long as short
BloFin AXL-USDTshort+0.0124%4h0.05236−0.081%$120K$10K50x