Funding you earn now, next payment 12:00 UTC+0.0014%/8h= +1.6% APRnext payment +$0.07 per $10,000 · paid last 24h −0.005%
Price spread now: OKX against BloFin+0.028%7-day average −0.008% · 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−$65as in the Price arb table
costs, in and out, $10k−$690.687% of the position
Funding, last 7 days−0.247%−$25 on $10k
+Price spread, last 4 days (all we have)−0.057%−$6 · spread now +0.028%, 7d avg −0.008%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and OKX is 0.036% dearer against BloFin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.008%. Mind the row above: over the last 7 days funding on this pair cost −0.247%, 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 | 1.0738 | 0.0086 | pay 0.0043% / 4h | 3h 03m | $281K | $29K | 75x |
| Short | OKX AXS-USDT-SWAP | 1.0741 | 0.0100 | get 0.0050% / 4h | 3h 03m | $1.5M | $3.0M | 20x |
BloFin AXS-USDT
OKX AXS-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $2.99
- Price spread: +0.028% → −0.008%
- $3.56
- Slippage, 4 orders
- −$46.73
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$62.17
- Costs to cover
- 0.687%
- Break-even
- 152.3 days
Slippage from BloFin: live order book, 54 min ago; OKX: live order book, 4 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, 54 min ago | 4.22 bp | 14.9 bp −$15 | 30.1 bp −$301 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 0.47 bp | 19.1 bp −$19 | doesn't fit | 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 | −1.471% | $1K | $48K | 5.5x | as long as short |
| BloFin AXS-USDTlong | +0.0086% | 4h | 1.0738 | long leg | $281K | $29K | 75x | |
| Orderly PERP_AXS_USDC | +0.0094% | 4h | 1.0740 | +0.019% | $3K | — | 10x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0769 | +0.289% | $37K | $42K | 5x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0743 | +0.047% | $257K | $702K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0746 | +0.078% | $73K | $15K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0740 | +0.022% | $6.0M | $10.6M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0742 | +0.037% | $3.7M | $4.2M | 75x | as long as short |
| OKX AXS-USDT-SWAPshort | +0.0100% | 4h | 1.0741 | +0.028% | $1.5M | $3.0M | 20x | |
| Gate AXS_USDT | +0.0100% | 8h | 1.0736 | −0.019% | $848K | $525K | 50x | as long as short |
Injective AXS/USDC PERP
Orderly PERP_AXS_USDC
Lighter AXS
Hyperliquid AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDT
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 | 1.0740 | +0.019% | $11.6M | $717K | 50x | as long as short |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0740 | +0.019% | $592K | $268K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0740 | +0.019% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0740 | +0.019% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0739 | +0.011% | $37K | $840 | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0734 | −0.039% | $769K | $857K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0738 | 0.000% | $2K | $1.4M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0740 | +0.019% | $787 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0738 | −0.004% | $7K | $249K | 10x | as long as short |
| Kraken Futures PF_AXSUSD | +0.0462% | 1h | 1.0757 | +0.182% | $146K | $332K | 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