Funding you earn now, next payment 08:00 UTC−0.2059%/8h= −225.5% APRnext payment −$20.59 per $10,000 · paid last 24h +0.001%
Price spread now: Bitget against Binance+0.100%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1441.442% of the position
Funding, last 7 days+0.131%+$13 on $10k
+Price spread, last 7 days−0.131%−$13 · spread now +0.100%, 7d avg −0.011%
=The price spread pays, funding is against you. Bitget is 0.111% dearer against Binance than usual: you sell high and buy low (spread +0.100% now, against its 7-day average of −0.011%): +$11 on $10k if it goes back. Holding the pair costs −$62 a day in funding at the current rate, which eats that in about 4 hours. Mind the row above: over the last 7 days funding on this pair paid +0.131%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.131% in total (about 6.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$20.59 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance AXTIUSDT | 78.132 | 0 | get 0.0000% / 8h | 1h 54m | $8.4M | $34.5M | 20x |
| Short | Bitget AXTIUSDT | 78.210 | −0.2059 | pay 0.2059% / 8h | 1h 54m | $1.4M | $3.5M | 20x |
Binance AXTIUSDT
Bitget AXTIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. 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
- −$432.39
- Price spread: +0.100% → −0.011%
- $11.08
- Slippage, 4 orders
- −$122.17
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$565.48
- Costs to cover
- 1.442%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; Bitget: live order book, 3 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 Binance live order book, 2 min ago | 1.28 bp | 15.6 bp −$16 | 54.6 bp −$546 | 132.2 bp −$13.2K | doesn't fit |
| Sell Bitget live order book, 3 min ago | 3.19 bp | 73.0 bp −$73 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget AXTIUSDTshort | −0.2059% | 8h | 78.210 | +0.100% | $1.4M | $3.5M | 20x | |
| Aster AXTIUSDT | 0.0000% | 8h | 78.135 | +0.005% | $7K | $124K | 20x | as long as short |
| Extended AXTI-USD | 0.0000% | 1h | 78.108 | −0.031% | $7K | $212K | 10x | as long as short |
| Binance AXTIUSDTlong | 0.0000% | 8h | 78.132 | long leg | $8.4M | $34.5M | 20x | |
| Bybit AXTIUSDT | 0.0000% | 8h | 78.130 | −0.002% | $1.8M | $1.3M | 25x | as long as short |
| OKX AXTI-USDT-SWAP | 0.0000% | 8h | 78.090 | −0.054% | $2.6M | $10.9M | 20x | as long as short |
| Gate AXTI_USDT | 0.0000% | 8h | 78.050 | −0.105% | $1.7M | $5.8M | 50x | as long as short |
| GRVT AXTI_USDT_Perp | 0.0000% | 8h | 78.310 | +0.227% | $658 | $197K | 10x | as long as short |
| SunX AXTI-USDT | 0.0000% | 8h | 78.350 | +0.279% | $1K | $956K | 10x | as long as short |
| HTX AXTI-USDT | 0.0000% | 8h | 78.160 | +0.036% | $19K | $44K | 20x | as long as short |
Aster AXTIUSDT
Extended AXTI-USD
Bybit AXTIUSDT
OKX AXTI-USDT-SWAP
Gate AXTI_USDT
GRVT AXTI_USDT_Perp
SunX AXTI-USDT
HTX AXTI-USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX AXTI-USD | +0.0025% | 1h | 78.080 | −0.066% | $1.1M | $1.9M | 10x | as long as short |
| Lighter AXTI | +0.0032% | 1h | 78.120 | −0.015% | — | — | 10x | as long as short |
| KuCoin AXTIUSDTM | +0.0100% | 8h | 78.130 | −0.002% | $603K | $520K | 20x | as long as short |
| Aevo AXTI-PERP | +0.0104% | 1h | 78.124 | −0.010% | — | — | 10x | as long as short |
QFEX AXTI-USD
Lighter AXTI
KuCoin AXTIUSDTM
Aevo AXTI-PERP