Funding you earn now, next payment 08:00 UTC+0.0108%/8h= +11.8% APRnext payment +$1.08 per $10,000 · paid last 24h +0.010%
Price spread now: Binance against Gate−0.061%7-day average +0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$650.651% of the position
Funding, last 7 days+0.084%+$8 on $10k
+Price spread, last 2 days (all we have)+0.153%+$15 · spread now −0.061%, 7d avg +0.055%
=Funding pays, the price is against you. Binance is 0.117% cheaper against Gate than usual: you would sell low and buy high (spread −0.061% now, against its 7-day average of +0.055%). If the spread goes back, that is −$12 on $10k: about 3.6 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.084% in total) that is about 9.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate AXTI_USDT | 81.640 | 0 | get 0.0000% / 8h | 7h 12m | $2.3M | $5.2M | 50x |
| Short | Binance AXTIUSDT | 81.590 | 0.0108 | get 0.0108% / 8h | 7h 12m | $9.1M | $33.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $22.59
- Price spread: −0.061% → +0.055%
- −$11.65
- Slippage, 4 orders
- −$40.06
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$54.12
- Costs to cover
- 0.651%
- Break-even
- 23.8 days
Slippage from Gate: live order book, 1 min ago; Binance: 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 Gate live order book, 1 min ago | 6.13 bp | 18.7 bp −$19 | 48.0 bp −$480 | 76.3 bp −$7,628 | doesn't fit |
| Sell Binance live order book, 14 min ago | 0.61 bp | 11.9 bp −$12 | 56.2 bp −$562 | 136.2 bp −$13.6K | doesn't fit |
AXTI on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster AXTIUSDT | 0.0000% | 8h | 81.607 | −0.040% | $8K | $124K | 20x | as long as short |
| Bybit AXTIUSDT | 0.0000% | 8h | 81.660 | +0.024% | $1.9M | $1.3M | 25x | as long as short |
| OKX AXTI-USDT-SWAP | 0.0000% | 8h | 81.600 | −0.049% | $2.8M | $10.4M | 20x | as long as short |
| Gate AXTI_USDTlong | 0.0000% | 8h | 81.640 | long leg | $2.3M | $5.2M | 50x | |
| Bitget AXTIUSDT | 0.0000% | 8h | 81.660 | +0.024% | $1.7M | $3.3M | 20x | as long as short |
| SunX AXTI-USDT | 0.0000% | 8h | 81.710 | +0.086% | $896 | $1.1M | 10x | as long as short |
| HTX AXTI-USDT | 0.0000% | 8h | 81.620 | −0.024% | $19K | $38K | 20x | as long as short |
| Lighter AXTI | +0.0032% | 1h | 81.580 | −0.073% | — | — | 10x | as long as short |
| QFEX AXTI-USD | +0.0039% | 1h | 81.640 | 0.000% | $1.1M | $2.9M | 10x | as long as short |
| KuCoin AXTIUSDTM | +0.0100% | 8h | 81.600 | −0.049% | $643K | $364K | 20x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended AXTI-USD | +0.0104% | 1h | 81.602 | −0.047% | $7K | $207K | 10x | as long as short |
| Aevo AXTI-PERP | +0.0104% | 1h | 81.658 | +0.022% | — | — | 10x | as long as short |
| Binance AXTIUSDTshort | +0.0108% | 8h | 81.590 | −0.061% | $9.1M | $33.3M | 20x | |
| GRVT AXTI_USDT_Perp | +0.0227% | 8h | 81.760 | +0.147% | $69 | $174K | 10x | as long as short |
Gate AXTI_USDT
Binance AXTIUSDT
Aster AXTIUSDT
Bybit AXTIUSDT
OKX AXTI-USDT-SWAP
Bitget AXTIUSDT
SunX AXTI-USDT
HTX AXTI-USDT
Lighter AXTI
KuCoin AXTIUSDTM
Extended AXTI-USD
GRVT AXTI_USDT_Perp