Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.030%
Price spread now: BingX against GRVT+0.573%84s7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as 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−$680.682% of the position
Funding, last 7 days+0.061%+$6 on $10k
+Price spread, last 3 days (all we have)−0.809%−$81 · spread now +0.573%, 7d avg +0.018%
=Together, before fees−0.749%+ Points / potential airdropGRVT: Active · farm board−$75 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.555% dearer against GRVT than usual: you sell high and buy low, +$55 on $10k if it goes back to its 7-day average of +0.018%. The two prices were read 84 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 | GRVT AXS_USDT_Perp | 1.0760 | 0.0100 | pay 0.0050% / 4h | 58m 00s | $765K | $866K | 10x |
| Short | BingX AXS-USDT | 1.0822 | 0.0100 | get 0.0050% / 4h | 58m 00s | — | $2.6M | — |
GRVT AXS_USDT_Perp
BingX AXS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against GRVT. 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: +0.573% → +0.018%
- $55.47
- Slippage, 4 orders
- −$49.24
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$12.76
- Costs to cover
- 0.682%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 20 min ago; BingX: live order book, 2 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 GRVT live order book, 20 min ago | 4.71 bp | 22.1 bp −$22 | 205.2 bp −$2,052 | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 4.64 bp | 16.3 bp −$16 | 44.0 bp −$440 | 314.8 bp −$31.5K | 472.8 bp −$236.4K |
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 | −0.0238% | 1h | 1.0827 | +0.620% | $142K | $310K | 20x | as long as short |
| Injective AXS/USDC PERP | +0.0033% | 1h | 1.0720 | −0.375% | $5 | $47K | 5.5x | as long as short |
| Orderly PERP_AXS_USDC | +0.0073% | 4h | 1.0820 | +0.554% | $3K | — | 10x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0843 | +0.768% | $29K | $36K | 5x | as long as short |
| OKX AXS-USDT-SWAP | +0.0097% | 4h | 1.0822 | +0.573% | $1.4M | $2.9M | 20x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0830 | +0.647% | $266K | $297K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0826 | +0.608% | $74K | $11K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0825 | +0.598% | $6.1M | $9.5M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0838 | +0.721% | $3.7M | $3.9M | 75x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0827 | +0.619% | $975K | $1.0M | 50x | as long as short |
Kraken Futures PF_AXSUSD
Injective AXS/USDC PERP
Orderly PERP_AXS_USDC
Lighter AXS
OKX AXS-USDT-SWAP
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 | 1.0824 | +0.591% | $11.5M | $741K | 50x | as long as short |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0800 | +0.368% | $613K | $306K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0820 | +0.554% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDTshort | +0.0100% | 4h | 1.0822 | +0.573% | — | $2.6M | — | |
| Variational Omni AXS | +0.0100% | 8h | 1.0769 | +0.081% | $37K | $4K | — | as long as short |
| GRVT AXS_USDT_Perplong | +0.0100% | 4h | 1.0760 | long leg | $765K | $866K | 10x | |
| SunX AXS-USDT | +0.0100% | 4h | 1.0825 | +0.601% | $2K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0818 | +0.536% | $700 | $3K | 5x | as long as short |
| BloFin AXS-USDT | +0.0102% | 4h | 1.0779 | +0.173% | $276K | $17K | 75x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0822 | +0.577% | $7K | $156K | 10x | as long as short |
MEXC AXS_USDT
KuCoin AXSUSDTM
Bitget AXSUSDT
Variational Omni AXS
SunX AXS-USDT
SoDEX AXS-USD
BloFin AXS-USDT
Extended AXS-USD