Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.008%
Price spread now: OKX against QFEX+0.012%7-day average +0.012% · 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−$46as in the Price arb table
costs, in and out, $10k−$460.465% of the position
Funding, last 3 days (all we have)−0.012%−$1 on $10k
+Price spread, last 7 days+0.019%+$2 · spread now +0.012%, 7d avg +0.012%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX AXTI-USD | 80.390 | 0.0004 | pay 0.0001% / 1h | 6m 58s | $1.1M | $2.8M | 10x |
| Short | OKX AXTI-USDT-SWAP | 80.400 | 0 | get 0.0000% / 8h | 1h 06m | $2.7M | $10.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$0.86
- Price spread: +0.012% → +0.012%
- $0.02
- Slippage, 4 orders
- −$26.46
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$47.3
- Costs to cover
- 0.465%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 10 min ago; OKX: live order book, 1 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, 10 min ago | 2.49 bp | 9.2 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 2.49 bp | 13.1 bp −$13 | 58.5 bp −$585 | doesn't fit | 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 | 80.345 | −0.056% | $8K | $124K | 20x | as long as short |
| Extended AXTI-USD | 0.0000% | 1h | 80.389 | −0.002% | $7K | $202K | 10x | as long as short |
| Binance AXTIUSDT | 0.0000% | 8h | 80.409 | +0.024% | $9.1M | $33.1M | 20x | as long as short |
| Bybit AXTIUSDT | 0.0000% | 8h | 80.430 | +0.050% | $1.9M | $1.3M | 25x | as long as short |
| OKX AXTI-USDT-SWAPshort | 0.0000% | 8h | 80.400 | +0.012% | $2.7M | $10.3M | 20x | |
| Gate AXTI_USDT | 0.0000% | 8h | 80.350 | −0.050% | $2.2M | $5.3M | 50x | as long as short |
| Bitget AXTIUSDT | 0.0000% | 8h | 80.440 | +0.062% | $1.7M | $3.4M | 20x | as long as short |
| GRVT AXTI_USDT_Perp | 0.0000% | 8h | 80.360 | −0.037% | $112 | $191K | 10x | as long as short |
| SunX AXTI-USDT | 0.0000% | 8h | 80.390 | 0.000% | $878 | $1.1M | 10x | as long as short |
| HTX AXTI-USDT | 0.0000% | 8h | 80.380 | −0.012% | $19K | $36K | 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 | +0.0004% | 1h | 80.390 | long leg | $1.1M | $2.8M | 10x | |
| Lighter AXTI | +0.0032% | 1h | 80.360 | −0.037% | — | — | 10x | as long as short |
| KuCoin AXTIUSDTM | +0.0100% | 8h | 80.400 | +0.012% | $624K | $350K | 20x | as long as short |
| Aevo AXTI-PERP | +0.0104% | 1h | 80.377 | −0.016% | — | — | 10x | as long as short |
OKX AXTI-USDT-SWAP
Aster AXTIUSDT
Extended AXTI-USD
Binance AXTIUSDT
Bybit AXTIUSDT
Gate AXTI_USDT
Bitget AXTIUSDT
GRVT AXTI_USDT_Perp
SunX AXTI-USDT
HTX AXTI-USDT
Lighter AXTI
KuCoin AXTIUSDTM