Funding you earn now, next payment 00:00 UTC−0.0059%/8h= −6.5% APRpaid last 24h −0.003%
Price spread now: Gate against BloFin0.000%48s7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$194as 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−$1831.831% of the position
Funding, last 7 days−0.110%−$11 on $10k
+Price spread, last 3 days (all we have)+0.016%+$2 · spread now 0.000%, 7d avg +0.034%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.034% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.034%). Swap the legs. The two prices were read 48 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 | 1.0652 | 0.0159 | pay 0.0080% / 4h | 1h 06m | $273K | $17K | 75x |
| Short | Gate AXS_USDT | 1.0652 | 0.0100 | get 0.0100% / 8h | 1h 06m | $958K | $1.0M | 50x |
BloFin AXS-USDT
Gate AXS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$12.43
- Price spread: 0.000% → +0.034%
- −$3.37
- Slippage, 4 orders
- −$156.07
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$198.87
- Costs to cover
- 1.831%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 5 min ago; Gate: 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 BloFin live order book, 5 min ago | 0.47 bp | 12.2 bp −$12 | 30.4 bp −$304 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 8.91 bp | 74.6 bp −$75 | 265.7 bp −$2,657 | 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 | −0.0475% | 1h | 1.0667 | +0.139% | $139K | $308K | 20x | as long as short |
| Injective AXS/USDC PERP | +0.0033% | 1h | 1.0720 | +0.638% | $5 | $47K | 5.5x | as long as short |
| Orderly PERP_AXS_USDC | +0.0075% | 4h | 1.0650 | −0.019% | $3K | — | 10x | as long as short |
| OKX AXS-USDT-SWAP | +0.0090% | 4h | 1.0653 | +0.009% | $1.4M | $2.7M | 20x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0684 | +0.300% | $28K | $36K | 5x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0666 | +0.131% | $263K | $296K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0656 | +0.038% | $72K | $11K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0657 | +0.047% | $6.0M | $9.2M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0656 | +0.038% | $3.2M | $3.6M | 75x | as long as short |
| Gate AXS_USDTshort | +0.0100% | 8h | 1.0652 | 0.000% | $958K | $1.0M | 50x |
Kraken Futures PF_AXSUSD
Injective AXS/USDC PERP
Orderly PERP_AXS_USDC
OKX AXS-USDT-SWAP
Lighter AXS
Hyperliquid AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC AXS_USDT | +0.0100% | 4h | 1.0663 | +0.103% | $11.2M | $730K | 50x | as long as short |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0650 | −0.019% | $603K | $301K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0660 | +0.075% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0653 | +0.009% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0629 | −0.220% | $36K | $4K | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0636 | −0.149% | $756K | $875K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0665 | +0.122% | $2K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0656 | +0.038% | $695 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0655 | +0.027% | $7K | $156K | 10x | as long as short |
| BloFin AXS-USDTlong | +0.0159% | 4h | 1.0652 | long leg | $273K | $17K | 75x |
MEXC AXS_USDT
KuCoin AXSUSDTM
Bitget AXSUSDT
BingX AXS-USDT
Variational Omni AXS
GRVT AXS_USDT_Perp
SunX AXS-USDT
SoDEX AXS-USD
Extended AXS-USD