Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bitget+0.009%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$580.580% of the position
Funding, last 7 days−0.015%−$2 on $10k
+Price spread, last 7 days+0.015%+$2 · spread now +0.009%, 7d avg −0.006%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget AXSUSDT | 1.0650 | 0.0100 | pay 0.0050% / 4h | 1h 42m | $3.1M | $1.2M | 50x |
| Short | MEXC AXS_USDT | 1.0651 | 0.0100 | get 0.0050% / 4h | 1h 42m | $11.1M | $720K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: +0.009% → −0.006%
- $1.53
- Slippage, 4 orders
- −$42.04
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$56.5
- Costs to cover
- 0.580%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; MEXC: live order book, 5 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 | 9.41 bp | 23.4 bp −$23 | 54.7 bp −$547 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 0.47 bp | 6.3 bp −$6 | 41.3 bp −$413 | 64.2 bp −$6,424 | 92.3 bp −$46.2K |
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 | −0.0475% | 1h | 1.0659 | +0.082% | $140K | $320K | 20x | as long as short |
| Injective AXS/USDC PERP | +0.0033% | 1h | 1.0720 | +0.657% | $5 | $47K | 5.5x | as long as short |
| OKX AXS-USDT-SWAP | +0.0037% | 4h | 1.0656 | +0.056% | $1.4M | $2.7M | 20x | as long as short |
| Orderly PERP_AXS_USDC | +0.0071% | 4h | 1.0650 | 0.000% | $3K | — | 10x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0671 | +0.197% | $28K | $36K | 5x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0657 | +0.070% | $261K | $293K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0658 | +0.074% | $72K | $11K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0656 | +0.056% | $6.0M | $9.3M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0649 | −0.009% | $3.2M | $3.6M | 75x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0653 | +0.028% | $959K | $1.0M | 50x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC AXS_USDTshort | +0.0100% | 4h | 1.0651 | +0.009% | $11.1M | $720K | 50x | |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0650 | 0.000% | $582K | $294K | 50x | as long as short |
| Bitget AXSUSDTlong | +0.0100% | 4h | 1.0650 | long leg | $3.1M | $1.2M | 50x | |
| BingX AXS-USDT | +0.0100% | 4h | 1.0640 | −0.094% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0630 | −0.183% | $36K | $4K | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0640 | −0.094% | $751K | $862K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0656 | +0.056% | $2K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0647 | −0.028% | $674 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0653 | +0.029% | $7K | $156K | 10x | as long as short |
| BloFin AXS-USDT | +0.0118% | 4h | 1.0650 | 0.000% | $272K | $17K | 75x | as long as short |
Bitget AXSUSDT
MEXC AXS_USDT
Kraken Futures PF_AXSUSD
Injective AXS/USDC PERP
OKX AXS-USDT-SWAP
Lighter AXS
Hyperliquid AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDT
Gate AXS_USDT
KuCoin AXSUSDTM
BingX AXS-USDT
Variational Omni AXS
GRVT AXS_USDT_Perp
SunX AXS-USDT
SoDEX AXS-USD
Extended AXS-USD
BloFin AXS-USDT