Funding you earn now, next payment 04:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.05 per $10,000 · paid last 24h +0.007%
Price spread now: BloFin against KuCoin+0.009%95s7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$181as 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−$1921.922% of the position
Funding, last 7 days+0.112%+$11 on $10k
+Price spread, last 3 days (all we have)−0.053%−$5 · spread now +0.009%, 7d avg +0.001%
=The price spread sits at its 7-day average of +0.001%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.112%, so the current rate has only just turned against you. The two prices were read 95 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 | KuCoin AXSUSDTM | 1.0690 | 0.0100 | pay 0.0050% / 4h | 2h 47m | $602K | $312K | 50x |
| Short | BloFin AXS-USDT | 1.0691 | 0.0090 | get 0.0045% / 4h | 2h 47m | $275K | $18K | 75x |
KuCoin AXSUSDTM
BloFin AXS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against KuCoin. 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
- −$2.14
- Price spread: +0.009% → +0.001%
- $0.86
- Slippage, 4 orders
- −$168.21
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$193.5
- Costs to cover
- 1.922%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 66 min ago; BloFin: live order book, 14 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 KuCoin live order book, 66 min ago | 9.28 bp | 79.5 bp −$80 | 374.2 bp −$3,742 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 14 min ago | 3.27 bp | 12.5 bp −$12 | 35.0 bp −$350 | 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 | +0.281% | $5 | $47K | 5.5x | as long as short |
| Orderly PERP_AXS_USDC | +0.0078% | 4h | 1.0670 | −0.187% | $3K | — | 10x | as long as short |
| BloFin AXS-USDTshort | +0.0090% | 4h | 1.0691 | +0.009% | $275K | $18K | 75x | |
| Lighter AXS | +0.0096% | 1h | 1.0700 | +0.094% | $28K | $36K | 5x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0682 | −0.075% | $259K | $313K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0684 | −0.053% | $73K | $14K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0683 | −0.065% | $6.0M | $10.0M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0688 | −0.019% | $3.7M | $4.2M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0681 | −0.084% | $1.4M | $2.9M | 20x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0674 | −0.150% | $852K | $992K | 50x | as long as short |
Injective AXS/USDC PERP
Orderly PERP_AXS_USDC
Lighter AXS
Hyperliquid AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDT
OKX AXS-USDT-SWAP
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 | 1.0680 | −0.094% | $11.3M | $725K | 50x | as long as short |
| KuCoin AXSUSDTMlong | +0.0100% | 4h | 1.0690 | long leg | $602K | $312K | 50x | |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0680 | −0.094% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0682 | −0.075% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0695 | +0.050% | $36K | $4K | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0692 | +0.015% | $759K | $892K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0669 | −0.196% | $1K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0675 | −0.140% | $709 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0678 | −0.110% | $7K | $241K | 10x | as long as short |
| Kraken Futures PF_AXSUSD | +0.0358% | 1h | 1.0687 | −0.031% | $146K | $333K | 20x | as long as short |
MEXC AXS_USDT
Bitget AXSUSDT
BingX AXS-USDT
Variational Omni AXS
GRVT AXS_USDT_Perp
SunX AXS-USDT
SoDEX AXS-USD
Extended AXS-USD
Kraken Futures PF_AXSUSD