Funding you earn now, next payment 00:00 UTC−0.0007%/8h= −0.7% APRnext payment −$0.03 per $10,000 · paid last 24h +0.003%
Price spread now: BloFin against OKX+0.074%63s7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as 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−$620.618% of the position
Funding, last 7 days+0.275%+$28 on $10k
+Price spread, last 3 days (all we have)−0.106%−$11 · spread now +0.074%, 7d avg +0.016%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.058% dearer against OKX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.016%. The two prices were read 63 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 | OKX AXS-USDT-SWAP | 1.0848 | 0.0100 | pay 0.0050% / 4h | 48m 11s | $1.4M | $2.9M | 20x |
| Short | BloFin AXS-USDT | 1.0856 | 0.0093 | get 0.0047% / 4h | 48m 11s | $275K | $17K | 75x |
OKX AXS-USDT-SWAP
BloFin AXS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against OKX. 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
- −$1.42
- Price spread: +0.074% → +0.016%
- $5.82
- Slippage, 4 orders
- −$39.83
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$57.43
- Costs to cover
- 0.618%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; BloFin: live order book, 23 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 OKX live order book, 4 min ago | 1.38 bp | 15.0 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 23 min ago | 0.47 bp | 16.1 bp −$16 | 31.1 bp −$311 | 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 | −0.0238% | 1h | 1.0855 | +0.061% | $141K | $311K | 20x | as long as short |
| Injective AXS/USDC PERP | +0.0033% | 1h | 1.0720 | −1.180% | $5 | $47K | 5.5x | as long as short |
| Orderly PERP_AXS_USDC | +0.0076% | 4h | 1.0840 | −0.074% | $3K | — | 10x | as long as short |
| BloFin AXS-USDTshort | +0.0093% | 4h | 1.0856 | +0.074% | $275K | $17K | 75x | |
| Lighter AXS | +0.0096% | 1h | 1.0866 | +0.166% | $29K | $36K | 5x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0850 | +0.018% | $266K | $297K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0840 | −0.070% | $75K | $11K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0843 | −0.046% | $6.1M | $9.6M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0850 | +0.018% | $3.7M | $4.0M | 75x | as long as short |
| OKX AXS-USDT-SWAPlong | +0.0100% | 4h | 1.0848 | long leg | $1.4M | $2.9M | 20x |
Kraken Futures PF_AXSUSD
Injective AXS/USDC PERP
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 | 1.0853 | +0.046% | $977K | $1.0M | 50x | as long as short |
| MEXC AXS_USDT | +0.0100% | 4h | 1.0839 | −0.083% | $11.5M | $745K | 50x | as long as short |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0840 | −0.074% | $615K | $306K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0840 | −0.074% | $3.2M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0849 | +0.009% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0881 | +0.305% | $37K | $4K | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0860 | +0.110% | $775K | $879K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0847 | −0.009% | $2K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0845 | −0.028% | $711 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0841 | −0.066% | $7K | $156K | 10x | as long as short |
Gate AXS_USDT
MEXC AXS_USDT
KuCoin AXSUSDTM
Bitget AXSUSDT
BingX AXS-USDT
Variational Omni AXS
GRVT AXS_USDT_Perp
SunX AXS-USDT
SoDEX AXS-USD
Extended AXS-USD