Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.020%
Price spread now: GRVT against Bitget−0.184%73s7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as 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−$750.755% of the position
Funding, last 7 days−0.026%−$3 on $10k
+Price spread, last 3 days (all we have)+0.380%+$38 · spread now −0.184%, 7d avg −0.012%
=Together, before fees+0.354%+ Points / potential airdropGRVT: Active · farm board+$35 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 0.172% cheaper against Bitget than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of −0.012%. The two prices were read 73 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 | Bitget AXSUSDT | 1.0820 | 0.0100 | pay 0.0050% / 4h | 32m 28s | $3.2M | $1.2M | 50x |
| Short | GRVT AXS_USDT_Perp | 1.0800 | 0.0100 | get 0.0050% / 4h | 32m 28s | $772K | $892K | 10x |
Bitget AXSUSDT
GRVT AXS_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- $0
- Price spread: −0.184% → −0.012%
- −$17.19
- Slippage, 4 orders
- −$54.46
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$92.64
- Costs to cover
- 0.755%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; GRVT: live order book, 45 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, 5 min ago | 4.63 bp | 10.6 bp −$11 | 44.3 bp −$443 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 45 min ago | 4.71 bp | 11.4 bp −$11 | 143.6 bp −$1,436 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_AXSUSD | −0.0238% | 1h | 1.0825 | +0.047% | $141K | $312K | 20x | as long as short |
| Injective AXS/USDC PERP | +0.0033% | 1h | 1.0720 | −0.924% | $5 | $47K | 5.5x | as long as short |
| Orderly PERP_AXS_USDC | +0.0078% | 4h | 1.0820 | 0.000% | $3K | — | 10x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0842 | +0.203% | $29K | $36K | 5x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0821 | +0.009% | $265K | $298K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0820 | −0.002% | $75K | $11K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0817 | −0.027% | $6.1M | $9.6M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0835 | +0.139% | $3.7M | $4.0M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0819 | −0.009% | $1.4M | $2.9M | 20x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0819 | −0.009% | $974K | $1.0M | 50x | as long as short |
Kraken Futures PF_AXSUSD
Injective AXS/USDC PERP
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 | 1.0817 | −0.028% | $11.5M | $745K | 50x | as long as short |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0810 | −0.092% | $613K | $306K | 50x | as long as short |
| Bitget AXSUSDTlong | +0.0100% | 4h | 1.0820 | long leg | $3.2M | $1.2M | 50x | |
| BingX AXS-USDT | +0.0100% | 4h | 1.0818 | −0.018% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0816 | −0.035% | $37K | $4K | — | as long as short |
| GRVT AXS_USDT_Perpshort | +0.0100% | 4h | 1.0800 | −0.184% | $772K | $892K | 10x | |
| SunX AXS-USDT | +0.0100% | 4h | 1.0818 | −0.018% | $1K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0820 | 0.000% | $715 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0814 | −0.052% | $7K | $156K | 10x | as long as short |
| BloFin AXS-USDT | +0.0118% | 4h | 1.0816 | −0.037% | $276K | $17K | 75x | as long as short |
MEXC AXS_USDT
KuCoin AXSUSDTM
BingX AXS-USDT
Variational Omni AXS
SunX AXS-USDT
SoDEX AXS-USD
Extended AXS-USD
BloFin AXS-USDT