Funding you earn now, next payment 04:00 UTC−0.0013%/8h= −1.4% APRnext payment −$0.06 per $10,000 · paid last 24h −0.007%
Price spread now: GRVT against BloFin−0.056%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$790.793% of the position
Funding, last 7 days−0.118%−$12 on $10k
+Price spread, last 4 days (all we have)−0.003%$0 · spread now −0.056%, 7d avg −0.032%
=Together, before fees−0.120%+ Points / potential airdropGRVT: Active · farm board−$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and GRVT is 0.024% cheaper against BloFin than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.032%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin AXS-USDT | 1.0757 | 0.0113 | pay 0.0056% / 4h | 3h 57m | $277K | $25K | 75x |
| Short | GRVT AXS_USDT_Perp | 1.0751 | 0.0100 | get 0.0050% / 4h | 3h 57m | $768K | $901K | 10x |
BloFin AXS-USDT
GRVT AXS_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- −$2.72
- Price spread: −0.056% → −0.032%
- −$2.38
- Slippage, 4 orders
- −$58.29
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$84.39
- Costs to cover
- 0.793%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 24 min ago; GRVT: live order book, 60 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, 24 min ago | 3.73 bp | 18.1 bp −$18 | 33.1 bp −$331 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 60 min ago | 4.69 bp | 22.7 bp −$23 | 78.2 bp −$782 | 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 | 1.0720 | −0.344% | $5 | $47K | 5.5x | as long as short |
| Orderly PERP_AXS_USDC | +0.0093% | 4h | 1.0760 | +0.028% | $3K | — | 10x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0766 | +0.084% | $261K | $310K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0759 | +0.022% | $73K | $14K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0761 | +0.037% | $6.1M | $10.3M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0765 | +0.074% | $3.7M | $4.2M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0758 | +0.009% | $1.4M | $2.9M | 20x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0764 | +0.065% | $856K | $894K | 50x | as long as short |
| MEXC AXS_USDT | +0.0100% | 4h | 1.0759 | +0.019% | $11.5M | $681K | 50x | as long as short |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0760 | +0.028% | $603K | $295K | 50x | as long as short |
Injective AXS/USDC PERP
Orderly PERP_AXS_USDC
Hyperliquid AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDT
OKX AXS-USDT-SWAP
Gate AXS_USDT
MEXC AXS_USDT
KuCoin AXSUSDTMShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget AXSUSDT | +0.0100% | 4h | 1.0760 | +0.028% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0762 | +0.046% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0766 | +0.080% | $37K | $953 | — | as long as short |
| GRVT AXS_USDT_Perpshort | +0.0100% | 4h | 1.0751 | −0.056% | $768K | $901K | 10x | |
| SunX AXS-USDT | +0.0100% | 4h | 1.0761 | +0.037% | $1K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0757 | 0.000% | $756 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0757 | −0.004% | $10K | $242K | 10x | as long as short |
| BloFin AXS-USDTlong | +0.0113% | 4h | 1.0757 | long leg | $277K | $25K | 75x | |
| Kraken Futures PF_AXSUSD | +0.0212% | 1h | 1.0771 | +0.131% | $140K | $340K | 20x | as long as short |
| Lighter AXS | +0.0312% | 1h | 1.0784 | +0.251% | $33K | $34K | 5x | as long as short |
Bitget AXSUSDT
BingX AXS-USDT
Variational Omni AXS
SunX AXS-USDT
SoDEX AXS-USD
Extended AXS-USD
Kraken Futures PF_AXSUSD
Lighter AXS