Funding you earn now, next payment 16:00 UTC+0.0820%/8h= +89.8% APRnext payment +$8.20 per $10,000 · paid last 24h +0.159%
Price spread now: SunX against Bitget−0.013%50s7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$217as 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−$2112.113% of the position
Funding, last 7 days−0.056%−$6 on $10k
+Price spread, last 4 days (all we have)+0.184%+$18 · spread now −0.013%, 7d avg −0.007%
=The price spread sits at its 7-day average of −0.007%, so right now this pair is about funding alone: +$25 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.056%, so the current rate has only just turned in your favour. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.056% in total (about -2.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$8.20 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget AXTIUSDT | 77.890 | −0.0820 | get 0.0820% / 8h | 6h 20m | $1.2M | $4.0M | 20x |
| Short | SunX AXTI-USDT | 77.880 | 0 | get 0.0000% / 8h | 6h 20m | $1K | $821K | 10x |
Bitget AXTIUSDT
SunX AXTI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Bitget. 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
- $172.2
- Price spread: −0.013% → −0.007%
- −$0.57
- Slippage, 4 orders
- −$191.26
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$39.63
- Costs to cover
- 2.113%
- Break-even
- 8.6 days
Slippage from Bitget: live order book, 1 min ago; SunX: live order book, 24 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 Bitget live order book, 1 min ago | 3.85 bp | 35.4 bp −$35 | 46.4 bp −$464 | 131.5 bp −$13.2K | doesn't fit |
| Sell SunX live order book, 24 min ago | 46.22 bp | 64.9 bp −$65 | doesn't fit | doesn't fit | doesn't fit |
AXTI on 14 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget AXTIUSDTlong | −0.0820% | 8h | 77.890 | long leg | $1.2M | $4.0M | 20x | |
| Aster AXTIUSDT | 0.0000% | 8h | 77.810 | −0.103% | $7K | $124K | 20x | as long as short |
| Extended AXTI-USD | 0.0000% | 1h | 77.806 | −0.107% | $7K | $288K | 10x | as long as short |
| Binance AXTIUSDT | 0.0000% | 8h | 77.848 | −0.054% | $8.3M | $38.0M | 20x | as long as short |
| Bybit AXTIUSDT | 0.0000% | 8h | 77.830 | −0.077% | $1.9M | $1.5M | 25x | as long as short |
| OKX AXTI-USDT-SWAP | 0.0000% | 8h | 77.790 | −0.128% | $2.6M | $12.1M | 20x | as long as short |
| Gate AXTI_USDT | 0.0000% | 8h | 77.810 | −0.103% | $1.6M | $6.5M | 50x | as long as short |
| SunX AXTI-USDTshort | 0.0000% | 8h | 77.880 | −0.013% | $1K | $821K | 10x | |
| HTX AXTI-USDT | +0.0011% | 8h | 77.820 | −0.090% | $19K | $33K | 20x | as long as short |
| QFEX AXTI-USD | +0.0016% | 1h | 77.840 | −0.064% | $1.1M | $2.0M | 10x | as long as short |
Aster AXTIUSDT
Extended AXTI-USD
Binance AXTIUSDT
Bybit AXTIUSDT
OKX AXTI-USDT-SWAP
Gate AXTI_USDT
HTX AXTI-USDT
QFEX AXTI-USDShow all 14 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter AXTI | +0.0032% | 1h | 77.750 | −0.180% | — | — | 10x | as long as short |
| KuCoin AXTIUSDTM | +0.0100% | 8h | 77.800 | −0.116% | $586K | $631K | 20x | as long as short |
| Aevo AXTI-PERP | +0.0104% | 1h | 77.843 | −0.061% | — | — | 10x | as long as short |
| GRVT AXTI_USDT_Perp | +0.1073% | 8h | 77.890 | 0.000% | $757 | $220K | 10x | as long as short |
Lighter AXTI
KuCoin AXTIUSDTM
Aevo AXTI-PERP
GRVT AXTI_USDT_Perp