Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.020%
Price spread now: MEXC against GRVT+0.318%97s7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as 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−$430.435% of the position
Funding, last 7 days+0.011%+$1 on $10k
+Price spread, last 3 days (all we have)−0.600%−$60 · spread now +0.318%, 7d avg +0.002%
=Together, before fees−0.589%+ Points / potential airdropGRVT: Active · farm board−$59 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: MEXC is 0.316% dearer against GRVT than usual: you sell high and buy low, +$32 on $10k if it goes back to its 7-day average of +0.002%. The two prices were read 97 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 | 1.0628 | 0.0100 | pay 0.0050% / 4h | 2h 25m | $758K | $914K | 10x |
| Short | MEXC AXS_USDT | 1.0662 | 0.0100 | get 0.0050% / 4h | 2h 25m | $11.1M | $763K | 50x |
GRVT AXS_USDT_Perp
MEXC AXS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: +0.318% → +0.002%
- $31.6
- Slippage, 4 orders
- −$30.49
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$11.89
- Costs to cover
- 0.435%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 62 min ago; MEXC: 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, 62 min ago | 9.39 bp | 17.3 bp −$17 | 161.6 bp −$1,616 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 0.94 bp | 4.5 bp −$5 | 36.7 bp −$367 | 63.4 bp −$6,340 | 105.6 bp −$52.8K |
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 | −0.0337% | 1h | 1.0669 | +0.384% | $139K | $325K | 20x | as long as short |
| Injective AXS/USDC PERP | +0.0033% | 1h | 1.0720 | +0.864% | $5 | $47K | 5.5x | as long as short |
| BloFin AXS-USDT | +0.0059% | 4h | 1.0642 | +0.130% | $271K | $30K | 75x | as long as short |
| Orderly PERP_AXS_USDC | +0.0077% | 4h | 1.0670 | +0.393% | $3K | — | 10x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0685 | +0.534% | $28K | $36K | 5x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0668 | +0.374% | $262K | $294K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0668 | +0.373% | $73K | $11K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0666 | +0.355% | $5.9M | $9.4M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0664 | +0.337% | $3.2M | $3.6M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0664 | +0.337% | $1.4M | $2.7M | 20x | as long as short |
Kraken Futures PF_AXSUSD
Injective AXS/USDC PERP
BloFin AXS-USDT
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 | 1.0656 | +0.261% | $961K | $1.0M | 50x | as long as short |
| MEXC AXS_USDTshort | +0.0100% | 4h | 1.0662 | +0.318% | $11.1M | $763K | 50x | |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0660 | +0.299% | $575K | $293K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0660 | +0.299% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0659 | +0.290% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0625 | −0.030% | $36K | $4K | — | as long as short |
| GRVT AXS_USDT_Perplong | +0.0100% | 4h | 1.0628 | long leg | $758K | $914K | 10x | |
| SunX AXS-USDT | +0.0100% | 4h | 1.0661 | +0.308% | $2K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0664 | +0.337% | $705 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0665 | +0.343% | $7K | $156K | 10x | as long as short |
Gate AXS_USDT
KuCoin AXSUSDTM
Bitget AXSUSDT
BingX AXS-USDT
Variational Omni AXS
SunX AXS-USDT
SoDEX AXS-USD
Extended AXS-USD