Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%
Price spread now: GRVT against BingX+0.223%84s7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$780.778% of the position
Funding, last 7 days−0.046%−$5 on $10k
+Price spread, last 4 days (all we have)+0.196%+$20 · spread now +0.223%, 7d avg −0.023%
=Together, before fees+0.150%+ Points / potential airdropGRVT: Active · farm board+$15 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.246% dearer against BingX than usual: you sell high and buy low, +$25 on $10k if it goes back to its 7-day average of −0.023%. The two prices were read 84 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX AXS-USDT | 1.0654 | 0.0100 | pay 0.0050% / 4h | 3h 40m | — | $2.6M | — |
| Short | GRVT AXS_USDT_Perp | 1.0678 | 0.0100 | get 0.0050% / 4h | 3h 40m | $765K | $851K | 10x |
BingX AXS-USDT
GRVT AXS_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against BingX. 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
- $0
- Price spread: +0.223% → −0.023%
- $24.65
- Slippage, 4 orders
- −$58.8
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$53.16
- Costs to cover
- 0.778%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; GRVT: live order book, 58 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 BingX live order book, 9 min ago | 4.21 bp | 17.1 bp −$17 | 37.6 bp −$376 | 331.8 bp −$33.2K | 439.8 bp −$219.9K |
| Sell GRVT live order book, 58 min ago | 4.68 bp | 20.9 bp −$21 | 148.0 bp −$1,480 | doesn't fit | doesn't fit |
AXS on 20 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective AXS/USDC PERP | +0.0033% | 1h | 1.0580 | −0.695% | $1K | $48K | 5.5x | as long as short |
| Orderly PERP_AXS_USDC | +0.0094% | 4h | 1.0640 | −0.131% | $3K | — | 10x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0677 | +0.216% | $36K | $42K | 5x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0655 | +0.009% | $255K | $706K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0653 | −0.008% | $72K | $17K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0653 | −0.005% | $6.0M | $10.8M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0653 | −0.009% | $3.7M | $4.3M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0656 | +0.019% | $1.4M | $3.0M | 20x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0661 | +0.066% | $843K | $524K | 50x | as long as short |
| MEXC AXS_USDT | +0.0100% | 4h | 1.0639 | −0.141% | $11.5M | $706K | 50x | as long as short |
Injective AXS/USDC PERP
Orderly PERP_AXS_USDC
Lighter AXS
Hyperliquid AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDT
OKX AXS-USDT-SWAP
Gate AXS_USDT
MEXC AXS_USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0660 | +0.056% | $588K | $278K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0650 | −0.038% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDTlong | +0.0100% | 4h | 1.0654 | long leg | — | $2.6M | — | |
| Variational Omni AXS | +0.0100% | 8h | 1.0657 | +0.026% | $36K | $953 | — | as long as short |
| GRVT AXS_USDT_Perpshort | +0.0100% | 4h | 1.0678 | +0.223% | $765K | $851K | 10x | |
| SunX AXS-USDT | +0.0100% | 4h | 1.0649 | −0.047% | $1K | $1.4M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0654 | 0.000% | $781 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0643 | −0.102% | $7K | $246K | 10x | as long as short |
| BloFin AXS-USDT | +0.0155% | 4h | 1.0651 | −0.028% | $278K | $29K | 75x | as long as short |
| Kraken Futures PF_AXSUSD | +0.0466% | 1h | 1.0668 | +0.132% | $145K | $341K | 20x | as long as short |
KuCoin AXSUSDTM
Bitget AXSUSDT
Variational Omni AXS
SunX AXS-USDT
SoDEX AXS-USD
Extended AXS-USD
BloFin AXS-USDT
Kraken Futures PF_AXSUSD