Funding you earn now, next payment 00:00 UTC−0.0037%/8h= −4.0% APRnext payment −$0.18 per $10,000 · paid last 24h +0.023%
Price spread now: BloFin against GRVT+0.295%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$700.703% of the position
Funding, last 7 days+0.135%+$14 on $10k
+Price spread, last 3 days (all we have)−0.308%−$31 · spread now +0.295%, 7d avg +0.035%
=Together, before fees−0.173%+ Points / potential airdropGRVT: Active · farm board−$17 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BloFin is 0.260% dearer against GRVT than usual: you sell high and buy low (spread +0.295% now, against its 7-day average of +0.035%): +$26 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 24 days. Mind the row above: over the last 7 days funding on this pair paid +0.135%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT AXS_USDT_Perp | 1.0775 | 0.0100 | pay 0.0050% / 4h | 2m 02s | $764K | $906K | 10x |
| Short | BloFin AXS-USDT | 1.0807 | 0.0063 | get 0.0032% / 4h | 2m 02s | $274K | $17K | 75x |
GRVT AXS_USDT_Perp
BloFin AXS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$7.67
- Price spread: +0.295% → +0.035%
- $26.03
- Slippage, 4 orders
- −$49.29
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$51.93
- Costs to cover
- 0.703%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 11 min ago; BloFin: 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 GRVT live order book, 11 min ago | 4.64 bp | 21.6 bp −$22 | 105.5 bp −$1,055 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 4 min ago | 0.46 bp | 17.3 bp −$17 | 33.1 bp −$331 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_AXSUSD | −0.0238% | 1h | 1.0830 | +0.509% | $142K | $315K | 20x | as long as short |
| Injective AXS/USDC PERP | +0.0033% | 1h | 1.0720 | −0.512% | $5 | $47K | 5.5x | as long as short |
| BloFin AXS-USDTshort | +0.0063% | 4h | 1.0807 | +0.295% | $274K | $17K | 75x | |
| Orderly PERP_AXS_USDC | +0.0080% | 4h | 1.0830 | +0.508% | $3K | — | 10x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0846 | +0.657% | $29K | $36K | 5x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0827 | +0.483% | $266K | $297K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0822 | +0.436% | $74K | $12K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0819 | +0.406% | $6.1M | $9.6M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0834 | +0.546% | $3.7M | $4.1M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0819 | +0.406% | $1.4M | $3.0M | 20x | as long as short |
Kraken Futures PF_AXSUSD
Injective AXS/USDC PERP
Orderly PERP_AXS_USDC
Lighter AXS
Hyperliquid AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDT
OKX AXS-USDT-SWAPShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate AXS_USDT | +0.0100% | 8h | 1.0825 | +0.462% | $974K | $1.0M | 50x | as long as short |
| MEXC AXS_USDT | +0.0100% | 4h | 1.0820 | +0.416% | $11.5M | $753K | 50x | as long as short |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0820 | +0.416% | $614K | $304K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0820 | +0.416% | $3.2M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0820 | +0.416% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0786 | +0.101% | $37K | $4K | — | as long as short |
| GRVT AXS_USDT_Perplong | +0.0100% | 4h | 1.0775 | long leg | $764K | $906K | 10x | |
| SunX AXS-USDT | +0.0100% | 4h | 1.0827 | +0.481% | $1K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0821 | +0.425% | $725 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0826 | +0.469% | $7K | $156K | 10x | as long as short |
Gate AXS_USDT
MEXC AXS_USDT
KuCoin AXSUSDTM
Bitget AXSUSDT
BingX AXS-USDT
Variational Omni AXS
SunX AXS-USDT
SoDEX AXS-USD
Extended AXS-USD