AXS

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0051%/8h= +5.6% APRnext payment +$0.26 per $10,000 · paid last 24h +0.007%

Price spread now: BloFin against MEXC+0.149%7-day average +0.023% · you sell dearer than you buy

Net, funding: paid 7d − costs−$28as in the Funding arb table

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$410.411% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.127%+$13 on $10k

Price spread, last 4 days (all we have)−0.060%−$6 · spread now +0.149%, 7d avg +0.023%

Together, before fees+0.066%+$7 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.126% dearer against MEXC than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.023%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC AXS_USDT	1.0730	0.0100	pay 0.0050% / 4h	1h 33m	$11.4M	$706K	50x
Short	BloFin AXS-USDT	1.0746	0.0151	get 0.0076% / 4h	1h 33m	$277K	$23K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee MEXCbpFee BloFinbpOrdersPrice spread, now +0.149%Rate

Funding earned: $10.78
Price spread: +0.149% → +0.023%: $12.61
Slippage, 4 orders: −$25.05
Fee MEXC: 2 bp × 2 orders: −$4
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$17.66
Costs to cover: 0.411%
Break-even: 18.5 days

Slippage from MEXC: live order book, 5 min ago; BloFin: live order book, 88 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 MEXC live order book, 5 min ago	0.47 bp	4.4 bp −$4	27.1 bp −$271	57.0 bp −$5,698	82.3 bp −$41.2K
Sell BloFin live order book, 88 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	−0.093%	$5	$47K	5.5x	as long as short
Orderly PERP_AXS_USDC	+0.0089%	4h	1.0740	+0.093%	$3K	—	10x	as long as short
Lighter AXS	+0.0096%	1h	1.0769	+0.363%	$33K	$41K	5x	as long as short
Hyperliquid AXS	+0.0100%	1h	1.0748	+0.168%	$259K	$312K	5x	as long as short
Aster AXSUSDT	+0.0100%	4h	1.0735	+0.051%	$73K	$14K	10x	as long as short
Binance AXSUSDT	+0.0100%	4h	1.0744	+0.130%	$6.1M	$10.0M	75x	as long as short
Bybit AXSUSDT	+0.0100%	8h	1.0753	+0.214%	$3.8M	$4.2M	75x	as long as short
OKX AXS-USDT-SWAP	+0.0100%	4h	1.0741	+0.103%	$1.4M	$2.9M	20x	as long as short
Gate AXS_USDT	+0.0100%	8h	1.0728	−0.019%	$855K	$953K	50x	as long as short
MEXC AXS_USDTlong	+0.0100%	4h	1.0730	long leg	$11.4M	$706K	50x

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin AXSUSDTM	+0.0100%	4h	1.0740	+0.093%	$602K	$301K	50x	as long as short
Bitget AXSUSDT	+0.0100%	4h	1.0740	+0.093%	$3.2M	$1.2M	50x	as long as short
BingX AXS-USDT	+0.0100%	4h	1.0745	+0.140%	—	$2.6M	—	as long as short
Variational Omni AXS	+0.0100%	8h	1.0737	+0.064%	$36K	$3K	—	as long as short
GRVT AXS_USDT_Perp	+0.0100%	4h	1.0730	0.000%	$770K	$885K	10x	as long as short
SunX AXS-USDT	+0.0100%	4h	1.0739	+0.084%	$2K	$1.3M	20x	as long as short
SoDEX AXS-USD	+0.0100%	1h	1.0744	+0.130%	$741	$3K	5x	as long as short
Extended AXS-USD	+0.0104%	1h	1.0741	+0.102%	$7K	$245K	10x	as long as short
BloFin AXS-USDTshort	+0.0151%	4h	1.0746	+0.149%	$277K	$23K	75x
Kraken Futures PF_AXSUSD	+0.0360%	1h	1.0757	+0.252%	$145K	$336K	20x	as long as short