Funding you earn now, next payment 12:00 UTC−0.0009%/8h= −1.0% APRnext payment −$0.05 per $10,000 · paid last 24h +0.005%
Price spread now: BloFin against Bitget+0.047%115s7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as 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−$880.878% of the position
Funding, last 7 days+0.111%+$11 on $10k
+Price spread, last 4 days (all we have)+0.002%$0 · spread now +0.047%, 7d avg −0.004%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.052% dearer against Bitget than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.004%. The two prices were read 115 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 | Bitget AXSUSDT | 1.0590 | 0.0100 | pay 0.0050% / 4h | 3h 27m | $3.1M | $1.2M | 50x |
| Short | BloFin AXS-USDT | 1.0595 | 0.0091 | get 0.0045% / 4h | 3h 27m | $281K | $29K | 75x |
Bitget AXSUSDT
BloFin AXS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$1.91
- Price spread: +0.047% → −0.004%
- $5.16
- Slippage, 4 orders
- −$63.84
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$84.59
- Costs to cover
- 0.878%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; BloFin: live order book, 30 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, 5 min ago | 4.72 bp | 29.2 bp −$29 | 55.3 bp −$553 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 30 min ago | 4.22 bp | 17.3 bp −$17 | 34.4 bp −$344 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective AXS/USDC PERP | +0.0033% | 1h | 1.0580 | −0.094% | $1K | $48K | 5.5x | as long as short |
| BloFin AXS-USDTshort | +0.0091% | 4h | 1.0595 | +0.047% | $281K | $29K | 75x | |
| Orderly PERP_AXS_USDC | +0.0094% | 4h | 1.0600 | +0.094% | $3K | — | 10x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0620 | +0.283% | $36K | $42K | 5x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0594 | +0.033% | $254K | $706K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0591 | +0.014% | $72K | $17K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0593 | +0.032% | $5.9M | $10.8M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0596 | +0.057% | $3.6M | $4.3M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0600 | +0.094% | $1.4M | $3.0M | 20x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0583 | −0.066% | $836K | $524K | 50x | as long as short |
Injective AXS/USDC PERP
Orderly PERP_AXS_USDC
Lighter AXS
Hyperliquid AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDT
OKX AXS-USDT-SWAP
Gate AXS_USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC AXS_USDT | +0.0100% | 4h | 1.0591 | +0.009% | $11.5M | $714K | 50x | as long as short |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0590 | 0.000% | $584K | $278K | 50x | as long as short |
| Bitget AXSUSDTlong | +0.0100% | 4h | 1.0590 | long leg | $3.1M | $1.2M | 50x | |
| BingX AXS-USDT | +0.0100% | 4h | 1.0595 | +0.047% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0596 | +0.054% | $36K | $953 | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0595 | +0.047% | $758K | $852K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0593 | +0.028% | $1K | $1.4M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0589 | −0.009% | $770 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0590 | +0.004% | $9K | $250K | 10x | as long as short |
| Kraken Futures PF_AXSUSD | +0.0468% | 1h | 1.0608 | +0.169% | $144K | $339K | 20x | as long as short |
MEXC AXS_USDT
KuCoin AXSUSDTM
BingX AXS-USDT
Variational Omni AXS
GRVT AXS_USDT_Perp
SunX AXS-USDT
SoDEX AXS-USD
Extended AXS-USD
Kraken Futures PF_AXSUSD