Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Binance against Gate−0.044%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$192as in the Funding arb table
Net, price: spread back to 7d avg − costs−$191as in the Price arb table
costs, in and out, $10k−$1901.902% of the position
Funding, last 7 days−0.015%−$1 on $10k
+Price spread, last 4 days (all we have)−0.014%−$1 · spread now −0.044%, 7d avg −0.040%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate AXS_USDT | 1.0640 | 0.0100 | pay 0.0100% / 8h | 1h 19m | $957K | $1.0M | 50x |
| Short | Binance AXSUSDT | 1.0635 | 0.0100 | get 0.0050% / 4h | 1h 19m | $5.9M | $9.2M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- Price spread: −0.044% → −0.040%
- −$0.37
- Slippage, 4 orders
- −$165.21
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$190.58
- Costs to cover
- 1.902%
- Break-even
- never at this rate
Slippage from Gate: live order book, 3 min ago; Binance: live order book, 5 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 Gate live order book, 3 min ago | 6.57 bp | 77.4 bp −$77 | 272.5 bp −$2,725 | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 1.41 bp | 17.2 bp −$17 | 47.4 bp −$474 | 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 | −0.0476% | 1h | 1.0646 | +0.057% | $139K | $306K | 20x | as long as short |
| Injective AXS/USDC PERP | +0.0033% | 1h | 1.0720 | +0.752% | $5 | $47K | 5.5x | as long as short |
| OKX AXS-USDT-SWAP | +0.0065% | 4h | 1.0637 | −0.028% | $1.4M | $2.7M | 20x | as long as short |
| Orderly PERP_AXS_USDC | +0.0068% | 4h | 1.0640 | 0.000% | $3K | — | 10x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0654 | +0.132% | $28K | $36K | 5x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0639 | −0.009% | $262K | $297K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0642 | +0.019% | $72K | $11K | 10x | as long as short |
| Binance AXSUSDTshort | +0.0100% | 4h | 1.0635 | −0.044% | $5.9M | $9.2M | 75x | |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0633 | −0.066% | $3.2M | $3.6M | 75x | as long as short |
| Gate AXS_USDTlong | +0.0100% | 8h | 1.0640 | long leg | $957K | $1.0M | 50x |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC AXS_USDT | +0.0100% | 4h | 1.0630 | −0.094% | $11.1M | $727K | 50x | as long as short |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0640 | 0.000% | $589K | $297K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0630 | −0.094% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0634 | −0.056% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0639 | −0.012% | $36K | $4K | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0642 | +0.020% | $760K | $862K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0641 | +0.009% | $2K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0633 | −0.066% | $683 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0635 | −0.051% | $7K | $156K | 10x | as long as short |
| BloFin AXS-USDT | +0.0139% | 4h | 1.0632 | −0.075% | $273K | $17K | 75x | as long as short |
Gate AXS_USDT
Binance AXSUSDT
Kraken Futures PF_AXSUSD
Injective AXS/USDC PERP
OKX AXS-USDT-SWAP
Lighter AXS
Hyperliquid AXS
Aster AXSUSDT
Bybit AXSUSDT
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
BloFin AXS-USDT