Funding you earn now, next payment 08:00 UTC+0.0018%/8h= +1.9% APRpaid last 24h +0.009%
Price spread now: BloFin against Bybit0.000%72s7-day average −0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as 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−$790.788% of the position
Funding, last 7 days+0.160%+$16 on $10k
+Price spread, last 4 days (all we have)−0.046%−$5 · spread now 0.000%, 7d avg −0.033%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.033% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.033%. The two prices were read 72 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 | Bybit AXSUSDT | 1.0719 | 0.0100 | pay 0.0100% / 8h | 2h 56m | $3.7M | $4.3M | 75x |
| Short | BloFin AXS-USDT | 1.0719 | 0.0118 | get 0.0059% / 4h | 2h 56m | $278K | $28K | 75x |
Bybit AXSUSDT
BloFin AXS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. 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
- $3.72
- Price spread: 0.000% → −0.033%
- $3.34
- Slippage, 4 orders
- −$55.78
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$71.72
- Costs to cover
- 0.788%
- Break-even
- 142.0 days
Slippage from Bybit: live order book, 2 min ago; BloFin: live order book, 16 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 Bybit live order book, 2 min ago | 1.40 bp | 23.8 bp −$24 | 125.2 bp −$1,252 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 16 min ago | 1.40 bp | 15.9 bp −$16 | 32.5 bp −$325 | 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 | +0.009% | $5 | $47K | 5.5x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0739 | +0.187% | $37K | $39K | 5x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0722 | +0.032% | $260K | $310K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0716 | −0.031% | $73K | $14K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0717 | −0.015% | $6.1M | $10.4M | 75x | as long as short |
| Bybit AXSUSDTlong | +0.0100% | 8h | 1.0719 | long leg | $3.7M | $4.3M | 75x | |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0713 | −0.056% | $1.4M | $2.9M | 20x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0711 | −0.075% | $850K | $826K | 50x | as long as short |
| MEXC AXS_USDT | +0.0100% | 4h | 1.0716 | −0.028% | $11.5M | $663K | 50x | as long as short |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0710 | −0.084% | $597K | $281K | 50x | as long as short |
Injective AXS/USDC PERP
Lighter AXS
Hyperliquid AXS
Aster AXSUSDT
Binance 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 | 1.0710 | −0.084% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0712 | −0.065% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0728 | +0.085% | $36K | $953 | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0690 | −0.271% | $758K | $882K | 10x | as long as short |
| Orderly PERP_AXS_USDC | +0.0100% | 4h | 1.0710 | −0.084% | $3K | — | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0721 | +0.019% | $2K | $1.4M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0716 | −0.028% | $748 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0713 | −0.055% | $7K | $223K | 10x | as long as short |
| BloFin AXS-USDTshort | +0.0118% | 4h | 1.0719 | 0.000% | $278K | $28K | 75x | |
| Kraken Futures PF_AXSUSD | +0.0413% | 1h | 1.0723 | +0.042% | $141K | $346K | 20x | as long as short |
Bitget AXSUSDT
BingX AXS-USDT
Variational Omni AXS
GRVT AXS_USDT_Perp
Orderly PERP_AXS_USDC
SunX AXS-USDT
SoDEX AXS-USD
Extended AXS-USD
Kraken Futures PF_AXSUSD