Funding you earn now, next payment 21:00 UTC+0.0011%/8h= +1.2% APRpaid last 24h −0.016%
Price spread now: QFEX against Bitget−0.075%7-day average −0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$650.648% of the position
Funding, last 3 days (all we have)−0.012%−$1 on $10k
+Price spread, last 7 days+0.052%+$5 · spread now −0.075%, 7d avg −0.049%
=Funding pays, the price is against you. QFEX is 0.026% cheaper against Bitget than usual: you would sell low and buy high (spread −0.075% now, against its 7-day average of −0.049%). If the spread goes back, that is −$3 on $10k: about 7.9 days of funding at the current rate ($0 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget AXTIUSDT | 79.930 | 0 | get 0.0000% / 8h | 3h 30m | $1.7M | $3.4M | 20x |
| Short | QFEX AXTI-USD | 79.870 | 0.0011 | get 0.0001% / 1h | 30m 42s | $1.1M | $2.7M | 10x |
Bitget AXTIUSDT
QFEX AXTI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- $2.32
- Price spread: −0.075% → −0.049%
- −$2.63
- Slippage, 4 orders
- −$42.75
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$65.07
- Costs to cover
- 0.648%
- Break-even
- 203.5 days
Slippage from Bitget: live order book, 3 min ago; QFEX: 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 Bitget live order book, 3 min ago | 3.13 bp | 19.7 bp −$20 | 53.9 bp −$539 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 3 min ago | 3.13 bp | 8.1 bp −$8 | 16.8 bp −$168 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster AXTIUSDT | 0.0000% | 8h | 79.780 | −0.188% | $8K | $124K | 20x | as long as short |
| Extended AXTI-USD | 0.0000% | 1h | 79.914 | −0.021% | $7K | $202K | 10x | as long as short |
| Binance AXTIUSDT | 0.0000% | 8h | 79.920 | −0.013% | $9.0M | $33.0M | 20x | as long as short |
| Bybit AXTIUSDT | 0.0000% | 8h | 79.920 | −0.013% | $1.9M | $1.3M | 25x | as long as short |
| OKX AXTI-USDT-SWAP | 0.0000% | 8h | 79.880 | −0.063% | $2.7M | $10.1M | 20x | as long as short |
| Gate AXTI_USDT | 0.0000% | 8h | 79.880 | −0.063% | $2.2M | $5.3M | 50x | as long as short |
| Bitget AXTIUSDTlong | 0.0000% | 8h | 79.930 | long leg | $1.7M | $3.4M | 20x | |
| GRVT AXTI_USDT_Perp | 0.0000% | 8h | 79.989 | +0.074% | $639 | $193K | 10x | as long as short |
| SunX AXTI-USDT | 0.0000% | 8h | 80.180 | +0.313% | $915 | $1.1M | 10x | as long as short |
| HTX AXTI-USDT | 0.0000% | 8h | 79.850 | −0.100% | $19K | $36K | 20x | as long as short |
Aster AXTIUSDT
Extended AXTI-USD
Binance AXTIUSDT
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-USDshort | +0.0011% | 1h | 79.870 | −0.075% | $1.1M | $2.7M | 10x | |
| Lighter AXTI | +0.0032% | 1h | 79.820 | −0.138% | — | — | 10x | as long as short |
| KuCoin AXTIUSDTM | +0.0100% | 8h | 79.880 | −0.063% | $621K | $326K | 20x | as long as short |
| Aevo AXTI-PERP | +0.0104% | 1h | 79.872 | −0.073% | — | — | 10x | as long as short |
Lighter AXTI
KuCoin AXTIUSDTM
Aevo AXTI-PERP