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: GRVT against MEXC+0.216%67s7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as 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−$480.480% of the position
Funding, last 7 days−0.011%−$1 on $10k
+Price spread, last 3 days (all we have)+0.045%+$5 · spread now +0.216%, 7d avg −0.001%
=Together, before fees+0.035%+ Points / potential airdropGRVT: Active · farm board+$3 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: GRVT is 0.217% dearer against MEXC than usual: you sell high and buy low, +$22 on $10k if it goes back to its 7-day average of −0.001%. The two prices were read 67 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 | MEXC AXS_USDT | 1.0626 | 0.0100 | pay 0.0050% / 4h | 1h 34m | $11.1M | $723K | 50x |
| Short | GRVT AXS_USDT_Perp | 1.0649 | 0.0100 | get 0.0050% / 4h | 1h 34m | $760K | $870K | 10x |
MEXC AXS_USDT
GRVT AXS_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against MEXC. 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: +0.216% → −0.001%
- $21.74
- Slippage, 4 orders
- −$35.01
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$26.27
- Costs to cover
- 0.480%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; GRVT: live order book, 49 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, 4 min ago | 0.94 bp | 6.3 bp −$6 | 30.9 bp −$309 | 60.8 bp −$6,084 | 104.9 bp −$52.4K |
| Sell GRVT live order book, 49 min ago | 4.69 bp | 17.9 bp −$18 | 214.3 bp −$2,143 | 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 | 1.0655 | +0.271% | $139K | $305K | 20x | as long as short |
| OKX AXS-USDT-SWAP | +0.0027% | 4h | 1.0641 | +0.141% | $1.4M | $2.7M | 20x | as long as short |
| Injective AXS/USDC PERP | +0.0033% | 1h | 1.0720 | +0.885% | $5 | $47K | 5.5x | as long as short |
| BloFin AXS-USDT | +0.0051% | 4h | 1.0643 | +0.160% | $271K | $17K | 75x | as long as short |
| Orderly PERP_AXS_USDC | +0.0069% | 4h | 1.0640 | +0.132% | $3K | — | 10x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0666 | +0.376% | $28K | $36K | 5x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0632 | +0.056% | $261K | $293K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0644 | +0.173% | $72K | $11K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0638 | +0.113% | $5.9M | $9.2M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0637 | +0.104% | $3.2M | $3.6M | 75x | as long as short |
Kraken Futures PF_AXSUSD
OKX AXS-USDT-SWAP
Injective AXS/USDC PERP
BloFin AXS-USDT
Orderly PERP_AXS_USDC
Lighter AXS
Hyperliquid AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate AXS_USDT | +0.0100% | 8h | 1.0641 | +0.141% | $958K | $1.0M | 50x | as long as short |
| MEXC AXS_USDTlong | +0.0100% | 4h | 1.0626 | long leg | $11.1M | $723K | 50x | |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0640 | +0.132% | $581K | $294K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0640 | +0.132% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0637 | +0.104% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0637 | +0.106% | $36K | $4K | — | as long as short |
| GRVT AXS_USDT_Perpshort | +0.0100% | 4h | 1.0649 | +0.216% | $760K | $870K | 10x | |
| SunX AXS-USDT | +0.0100% | 4h | 1.0630 | +0.038% | $1K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0641 | +0.141% | $682 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0636 | +0.093% | $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