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 00:00 UTC+0.0056%/8h= +6.1% APRnext payment +$0.28 per $10,000 · paid last 24h −0.002%
Price spread now: Variational Omni against BloFin−0.215%71s7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding pays, the price is against you. Variational Omni is 0.215% cheaper against BloFin than usual: you would sell low and buy high (spread −0.215% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$21 on $10k: about 13 days of funding at the current rate (+$2 a day). The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin AXL-USDT0.051940.0044pay 0.0022% / 4h1h 22m$122K$12K50x
ShortVariational Omni AXL0.051830.0100get 0.0050% / 4h1h 22m$6K$24K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against BloFin. 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
$11.75
Price spread: −0.215% → 0.000%
−$21.46
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$21.71
Costs to cover
0.120%
Break-even
19.9 days
Slippage unknown: BloFin: live order book, 51 min ago; Variational Omni: no order-book sample. 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 BloFin live order book, 51 min ago1.92 bp32.8 bp −$3388.8 bp −$888doesn't fitdoesn't fit
Sell Variational Omni no order-book sample
Variational Omni: 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
BloFin AXL-USDTlong+0.0044%4h0.05194long leg$122K$12K50x
BingX AXL-USDT+0.0070%4h0.05190−0.077%$2.3Mas long as short
Aster AXLUSDT+0.0100%4h0.05193−0.021%$34K$6K5xas long as short
Binance AXLUSDT+0.0100%4h0.05190−0.074%$1.8M$4.1M50xas long as short
Bybit AXLUSDT+0.0100%4h0.05191−0.058%$1.4M$1.9M25xas long as short
MEXC AXL_USDT+0.0100%4h0.05190−0.077%$347K$161K50xas long as short
KuCoin AXLUSDTM+0.0100%4h0.05190−0.077%$435K$93K30xas long as short
Bitget AXLUSDT+0.0100%4h0.05191−0.058%$572K$301K50xas long as short
Variational Omni AXLshort+0.0100%4h0.05183−0.215%$6K$24K