Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.020%
Price spread now: Gate against GRVT+0.235%111s7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$203as 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−$2052.052% of the position
Funding, last 7 days+0.026%+$3 on $10k
+Price spread, last 3 days (all we have)−0.494%−$49 · spread now +0.235%, 7d avg +0.046%
=Together, before fees−0.468%+ Points / potential airdropGRVT: Active · farm board−$47 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: Gate is 0.189% dearer against GRVT than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of +0.046%. The two prices were read 111 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 | 1.0640 | 0.0100 | pay 0.0050% / 4h | 1h 39m | $751K | $862K | 10x |
| Short | Gate AXS_USDT | 1.0665 | 0.0100 | get 0.0100% / 8h | 1h 39m | $960K | $1.0M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: +0.235% → +0.046%
- $18.94
- Slippage, 4 orders
- −$181.23
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$186.29
- Costs to cover
- 2.052%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 43 min ago; Gate: 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, 43 min ago | 4.69 bp | 19.4 bp −$19 | 162.8 bp −$1,628 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 8.91 bp | 90.1 bp −$90 | 238.3 bp −$2,383 | 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 | −0.0475% | 1h | 1.0671 | +0.290% | $140K | $320K | 20x | as long as short |
| Injective AXS/USDC PERP | +0.0033% | 1h | 1.0720 | +0.752% | $5 | $47K | 5.5x | as long as short |
| OKX AXS-USDT-SWAP | +0.0047% | 4h | 1.0653 | +0.122% | $1.4M | $2.7M | 20x | as long as short |
| Orderly PERP_AXS_USDC | +0.0071% | 4h | 1.0650 | +0.094% | $3K | — | 10x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0681 | +0.385% | $28K | $36K | 5x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0659 | +0.176% | $261K | $293K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0660 | +0.192% | $72K | $11K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0663 | +0.212% | $6.0M | $9.2M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0659 | +0.179% | $3.2M | $3.6M | 75x | as long as short |
| Gate AXS_USDTshort | +0.0100% | 8h | 1.0665 | +0.235% | $960K | $1.0M | 50x |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC AXS_USDT | +0.0100% | 4h | 1.0667 | +0.254% | $11.1M | $720K | 50x | as long as short |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0660 | +0.188% | $582K | $294K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0660 | +0.188% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0661 | +0.197% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0654 | +0.134% | $36K | $4K | — | as long as short |
| GRVT AXS_USDT_Perplong | +0.0100% | 4h | 1.0640 | long leg | $751K | $862K | 10x | |
| SunX AXS-USDT | +0.0100% | 4h | 1.0660 | +0.188% | $1K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0659 | +0.179% | $680 | $3K | 5x | as long as short |
| BloFin AXS-USDT | +0.0104% | 4h | 1.0644 | +0.038% | $271K | $17K | 75x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0660 | +0.192% | $7K | $156K | 10x | as long as short |
GRVT AXS_USDT_Perp
Gate AXS_USDT
Kraken Futures PF_AXSUSD
Injective AXS/USDC PERP
OKX AXS-USDT-SWAP
Lighter AXS
Hyperliquid AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDT
MEXC AXS_USDT
KuCoin AXSUSDTM
Bitget AXSUSDT
BingX AXS-USDT
Variational Omni AXS
SunX AXS-USDT
SoDEX AXS-USD
BloFin AXS-USDT
Extended AXS-USD