Funding you earn now, next payment 01:00 UTC−0.0039%/8h= −4.2% APRpaid last 24h −0.005%
Price spread now: Extended against BloFin−0.253%74s7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as 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−$730.728% of the position
Funding, last 7 days−0.121%−$12 on $10k
+Price spread, last 3 days (all we have)+0.226%+$23 · spread now −0.253%, 7d avg −0.044%
=Together, before fees+0.105%+ Points / potential airdropExtended: Active · farm board+$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Extended is 0.209% cheaper against BloFin than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of −0.044%). Swap the legs. The two prices were read 74 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 | BloFin AXS-USDT | 1.0769 | 0.0143 | pay 0.0071% / 4h | 3h 51m | $277K | $18K | 75x |
| Short | Extended AXS-USD | 1.0742 | 0.0104 | get 0.0013% / 1h | 51m 48s | $7K | $158K | 10x |
BloFin AXS-USDT
Extended AXS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against BloFin. 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
- −$8.13
- Price spread: −0.253% → −0.044%
- −$20.85
- Slippage, 4 orders
- −$55.85
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$101.83
- Costs to cover
- 0.728%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 15 min ago; Extended: live order book, 19 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 BloFin live order book, 15 min ago | 0.46 bp | 13.1 bp −$13 | 28.5 bp −$285 | doesn't fit | doesn't fit |
| Sell Extended live order book, 19 min ago | 1.21 bp | 19.0 bp −$19 | 143.2 bp −$1,432 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_AXSUSD | −0.0261% | 1h | 1.0773 | +0.038% | $142K | $320K | 20x | as long as short |
| Injective AXS/USDC PERP | +0.0033% | 1h | 1.0720 | −0.455% | $5 | $47K | 5.5x | as long as short |
| Orderly PERP_AXS_USDC | +0.0080% | 4h | 1.0760 | −0.084% | $3K | — | 10x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0773 | +0.037% | $29K | $36K | 5x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0754 | −0.139% | $269K | $302K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0765 | −0.040% | $74K | $12K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0746 | −0.214% | $6.1M | $9.7M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0760 | −0.084% | $3.7M | $4.1M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0752 | −0.158% | $1.4M | $3.0M | 20x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0750 | −0.176% | $968K | $903K | 50x | as long as short |
Kraken Futures PF_AXSUSD
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 | 1.0741 | −0.260% | $11.4M | $742K | 50x | as long as short |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0750 | −0.176% | $611K | $304K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0750 | −0.176% | $3.2M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0758 | −0.102% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0833 | +0.590% | $37K | $4K | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0800 | +0.288% | $767K | $888K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0763 | −0.056% | $1K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0756 | −0.121% | $718 | $3K | 5x | as long as short |
| Extended AXS-USDshort | +0.0104% | 1h | 1.0742 | −0.253% | $7K | $158K | 10x | |
| BloFin AXS-USDTlong | +0.0143% | 4h | 1.0769 | long leg | $277K | $18K | 75x |
MEXC AXS_USDT
KuCoin AXSUSDTM
Bitget AXSUSDT
BingX AXS-USDT
Variational Omni AXS
GRVT AXS_USDT_Perp
SunX AXS-USDT
SoDEX AXS-USD