Funding you earn now, next payment 05:00 UTC−0.0005%/8h= −0.5% APRpaid last 24h +0.001%
Price spread now: Binance against QFEX−0.189%7-day average +0.048% · 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−$69as in the Price arb table
costs, in and out, $10k−$450.453% of the position
Funding, last 4 days (all we have)+0.024%+$2 on $10k
+Price spread, last 7 days+0.203%+$20 · spread now −0.189%, 7d avg +0.048%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.237% cheaper against QFEX than usual: you would sell low and buy high, −$24 on $10k if it goes back to its 7-day average of +0.048%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX AXTI-USD | 79.300 | 0.0005 | pay 0.0001% / 1h | 6m 14s | $1.1M | $2.0M | 10x |
| Short | Binance AXTIUSDT | 79.150 | 0 | get 0.0000% / 8h | 3h 06m | $8.4M | $32.5M | 20x |
QFEX AXTI-USD
Binance AXTIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against QFEX. 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
- −$0.99
- Price spread: −0.189% → +0.048%
- −$23.66
- Slippage, 4 orders
- −$25.34
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$69.99
- Costs to cover
- 0.453%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 6 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 QFEX live order book, 6 min ago | 4.41 bp | 10.3 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 1.26 bp | 11.4 bp −$11 | 44.8 bp −$448 | 100.6 bp −$10.1K | 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 AXTIUSDT | −0.0855% | 8h | 79.290 | −0.013% | $1.7M | $3.2M | 20x | as long as short |
| Aster AXTIUSDT | 0.0000% | 8h | 79.089 | −0.266% | $8K | $124K | 20x | as long as short |
| Extended AXTI-USD | 0.0000% | 1h | 79.139 | −0.202% | $9K | $209K | 10x | as long as short |
| Binance AXTIUSDTshort | 0.0000% | 8h | 79.150 | −0.189% | $8.4M | $32.5M | 20x | |
| Bybit AXTIUSDT | 0.0000% | 8h | 79.120 | −0.227% | $1.8M | $1.3M | 25x | as long as short |
| OKX AXTI-USDT-SWAP | 0.0000% | 8h | 79.180 | −0.151% | $2.7M | $10.2M | 20x | as long as short |
| Gate AXTI_USDT | 0.0000% | 8h | 79.160 | −0.177% | $2.1M | $5.1M | 50x | as long as short |
| GRVT AXTI_USDT_Perp | 0.0000% | 8h | 79.347 | +0.059% | $146 | $190K | 10x | as long as short |
| SunX AXTI-USDT | 0.0000% | 8h | 79.460 | +0.202% | $725 | $978K | 10x | as long as short |
| HTX AXTI-USDT | 0.0000% | 8h | 79.450 | +0.189% | $19K | $40K | 20x | as long as short |
Bitget AXTIUSDT
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-USDlong | +0.0005% | 1h | 79.300 | long leg | $1.1M | $2.0M | 10x | |
| Lighter AXTI | +0.0032% | 1h | 79.050 | −0.315% | — | — | 10x | as long as short |
| KuCoin AXTIUSDTM | +0.0100% | 8h | 79.120 | −0.227% | $620K | $513K | 20x | as long as short |
| Aevo AXTI-PERP | +0.0104% | 1h | 79.291 | −0.011% | — | — | 10x | as long as short |
Lighter AXTI
KuCoin AXTIUSDTM
Aevo AXTI-PERP