Funding you earn now, next payment 06:00 UTC−0.0017%/8h= −1.8% APRpaid last 24h −0.008%
Price spread now: Gate against QFEX+0.152%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$850.854% of the position
Funding, last 4 days (all we have)−0.014%−$1 on $10k
+Price spread, last 7 days−0.121%−$12 · spread now +0.152%, 7d avg +0.006%
=The price spread pays, funding is against you. Gate is 0.146% dearer against QFEX than usual: you sell high and buy low (spread +0.152% now, against its 7-day average of +0.006%): +$15 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 29 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX AXTI-USD | 78.760 | 0.0017 | pay 0.0002% / 1h | 54m 55s | $1.1M | $2.0M | 10x |
| Short | Gate AXTI_USDT | 78.880 | 0 | get 0.0000% / 8h | 2h 54m | $2.0M | $5.2M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against QFEX. 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
- −$3.48
- Price spread: +0.152% → +0.006%
- $14.59
- Slippage, 4 orders
- −$60.4
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$74.29
- Costs to cover
- 0.854%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 2 min ago; Gate: live order book, 3 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 QFEX live order book, 2 min ago | 1.90 bp | 9.4 bp −$9 | 17.7 bp −$177 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 6.36 bp | 19.5 bp −$19 | 25.7 bp −$257 | 88.7 bp −$8,874 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget AXTIUSDT | −0.1315% | 8h | 78.930 | +0.216% | $1.6M | $3.2M | 20x | as long as short |
| Aster AXTIUSDT | 0.0000% | 8h | 78.845 | +0.107% | $7K | $124K | 20x | as long as short |
| Extended AXTI-USD | 0.0000% | 1h | 78.862 | +0.130% | $7K | $212K | 10x | as long as short |
| Binance AXTIUSDT | 0.0000% | 8h | 78.843 | +0.106% | $8.4M | $33.1M | 20x | as long as short |
| Bybit AXTIUSDT | 0.0000% | 8h | 78.840 | +0.102% | $1.9M | $1.3M | 25x | as long as short |
| OKX AXTI-USDT-SWAP | 0.0000% | 8h | 78.790 | +0.038% | $2.7M | $10.3M | 20x | as long as short |
| Gate AXTI_USDTshort | 0.0000% | 8h | 78.880 | +0.152% | $2.0M | $5.2M | 50x | |
| GRVT AXTI_USDT_Perp | 0.0000% | 8h | 78.698 | −0.078% | $235 | $191K | 10x | as long as short |
| SunX AXTI-USDT | 0.0000% | 8h | 78.600 | −0.203% | $902 | $978K | 10x | as long as short |
| HTX AXTI-USDT | 0.0000% | 8h | 78.820 | +0.076% | $19K | $40K | 20x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX AXTI-USDlong | +0.0017% | 1h | 78.760 | long leg | $1.1M | $2.0M | 10x | |
| Lighter AXTI | +0.0032% | 1h | 78.820 | +0.076% | — | — | 10x | as long as short |
| KuCoin AXTIUSDTM | +0.0100% | 8h | 78.870 | +0.140% | $608K | $520K | 20x | as long as short |
| Aevo AXTI-PERP | +0.0104% | 1h | 78.943 | +0.232% | — | — | 10x | as long as short |
Gate AXTI_USDT
Bitget AXTIUSDT
Aster AXTIUSDT
Extended AXTI-USD
Binance AXTIUSDT
Bybit AXTIUSDT
OKX AXTI-USDT-SWAP
GRVT AXTI_USDT_Perp
SunX AXTI-USDT
HTX AXTI-USDT
Lighter AXTI
KuCoin AXTIUSDTM