Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h +0.005%
Price spread now: BingX against Bitget−0.019%7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$910.910% of the position
Funding, last 7 days+0.035%+$4 on $10k
+Price spread, last 7 days+0.033%+$3 · spread now −0.019%, 7d avg +0.016%
=Funding pays, the price is against you. BingX is 0.035% cheaper against Bitget than usual: you would sell low and buy high (spread −0.019% now, against its 7-day average of +0.016%). If the spread goes back, that is −$3 on $10k: about 28 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.035% in total) that is about 6.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget AXSUSDT | 1.0660 | 0.0100 | pay 0.0050% / 4h | 14m 32s | $3.1M | $1.2M | 50x |
| Short | BingX AXS-USDT | 1.0658 | 0.0200 | get 0.0100% / 4h | 14m 32s | — | $2.6M | — |
Bitget AXSUSDT
BingX AXS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bitget. 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: −0.019% → +0.016%
- −$3.45
- Slippage, 4 orders
- −$68.98
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$73.44
- Costs to cover
- 0.910%
- Break-even
- 31.5 days
Slippage from Bitget: live order book, 3 min ago; BingX: live order book, 10 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 Bitget live order book, 3 min ago | 4.70 bp | 25.0 bp −$25 | 41.7 bp −$417 | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 4.71 bp | 16.7 bp −$17 | 44.6 bp −$446 | 320.6 bp −$32.1K | 449.0 bp −$224.5K |
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 | −0.750% | $1K | $48K | 5.5x | as long as short |
| BloFin AXS-USDT | +0.0061% | 4h | 1.0651 | −0.084% | $281K | $29K | 75x | as long as short |
| Orderly PERP_AXS_USDC | +0.0094% | 4h | 1.0650 | −0.094% | $3K | — | 10x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0679 | +0.178% | $36K | $43K | 5x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0660 | 0.000% | $256K | $705K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0659 | −0.010% | $72K | $17K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0657 | −0.028% | $6.0M | $10.9M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0659 | −0.009% | $3.7M | $4.3M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0654 | −0.056% | $1.4M | $3.0M | 20x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0647 | −0.122% | $842K | $535K | 50x | as long as short |
Injective AXS/USDC PERP
BloFin AXS-USDT
Orderly PERP_AXS_USDC
Lighter AXS
Hyperliquid AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDT
OKX AXS-USDT-SWAP
Gate AXS_USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC AXS_USDT | +0.0100% | 4h | 1.0659 | −0.009% | $11.5M | $705K | 50x | as long as short |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0660 | 0.000% | $588K | $280K | 50x | as long as short |
| Bitget AXSUSDTlong | +0.0100% | 4h | 1.0660 | long leg | $3.1M | $1.2M | 50x | |
| Variational Omni AXS | +0.0100% | 8h | 1.0652 | −0.072% | $36K | $953 | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0640 | −0.188% | $762K | $888K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0650 | −0.094% | $2K | $1.4M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0645 | −0.141% | $759 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0649 | −0.100% | $8K | $251K | 10x | as long as short |
| BingX AXS-USDTshort | +0.0200% | 4h | 1.0658 | −0.019% | — | $2.6M | — | |
| Kraken Futures PF_AXSUSD | +0.0650% | 1h | 1.0654 | −0.056% | $145K | $350K | 20x | as long as short |
MEXC AXS_USDT
KuCoin AXSUSDTM
Variational Omni AXS
GRVT AXS_USDT_Perp
SunX AXS-USDT
SoDEX AXS-USD
Extended AXS-USD
Kraken Futures PF_AXSUSD