Funding you earn now, next payment 08:00 UTC+0.0029%/8h= +3.2% APRpaid last 24h −0.009%
Price spread now: Bybit against BloFin+0.065%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$770.769% of the position
Funding, last 7 days−0.160%−$16 on $10k
+Price spread, last 4 days (all we have)−0.015%−$1 · spread now +0.065%, 7d avg +0.034%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bybit is 0.031% dearer against BloFin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.034%. Mind the row above: over the last 7 days funding on this pair cost −0.160%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin AXS-USDT | 1.0712 | 0.0071 | pay 0.0035% / 4h | 42m 31s | $279K | $30K | 75x |
| Short | Bybit AXSUSDT | 1.0719 | 0.0100 | get 0.0100% / 8h | 42m 31s | $3.7M | $4.3M | 75x |
BloFin AXS-USDT
Bybit AXSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BloFin. 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
- $6.19
- Price spread: +0.065% → +0.034%
- $3.1
- Slippage, 4 orders
- −$53.94
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$67.66
- Costs to cover
- 0.769%
- Break-even
- 83.5 days
Slippage from BloFin: live order book, 19 min ago; Bybit: 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 BloFin live order book, 19 min ago | 0.47 bp | 13.9 bp −$14 | 28.9 bp −$289 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 1.40 bp | 26.7 bp −$27 | 104.2 bp −$1,042 | 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 | −1.232% | $1K | $48K | 5.5x | as long as short |
| BloFin AXS-USDTlong | +0.0071% | 4h | 1.0712 | long leg | $279K | $30K | 75x | |
| Lighter AXS | +0.0096% | 1h | 1.0745 | +0.308% | $37K | $43K | 5x | as long as short |
| Orderly PERP_AXS_USDC | +0.0097% | 4h | 1.0720 | +0.075% | $3K | — | 10x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0709 | −0.028% | $258K | $705K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0719 | +0.061% | $73K | $17K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0719 | +0.064% | $6.0M | $10.9M | 75x | as long as short |
| Bybit AXSUSDTshort | +0.0100% | 8h | 1.0719 | +0.065% | $3.7M | $4.3M | 75x | |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0728 | +0.149% | $1.4M | $3.1M | 20x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0720 | +0.075% | $848K | $535K | 50x | as long as short |
Injective AXS/USDC PERP
Lighter AXS
Orderly PERP_AXS_USDC
Hyperliquid AXS
Aster AXSUSDT
Binance 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 | 1.0713 | +0.009% | $11.6M | $693K | 50x | as long as short |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0700 | −0.112% | $587K | $289K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0730 | +0.168% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0719 | +0.065% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0720 | +0.074% | $36K | $953 | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0710 | −0.020% | $763K | $886K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0726 | +0.131% | $2K | $1.4M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0713 | +0.009% | $765 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0712 | +0.001% | $9K | $249K | 10x | as long as short |
| Kraken Futures PF_AXSUSD | +0.0646% | 1h | 1.0722 | +0.095% | $145K | $350K | 20x | as long as short |
MEXC AXS_USDT
KuCoin AXSUSDTM
Bitget AXSUSDT
BingX AXS-USDT
Variational Omni AXS
GRVT AXS_USDT_Perp
SunX AXS-USDT
SoDEX AXS-USD
Extended AXS-USD
Kraken Futures PF_AXSUSD