Funding you earn now, next payment 08:00 UTC+0.0035%/8h= +3.9% APRnext payment +$0.18 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against Bitget+0.058%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$164as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$1081.081% of the position
Funding, last 7 days−0.557%−$56 on $10k
+Price spread, last 4 days (all we have)+0.072%+$7 · spread now +0.058%, 7d avg +0.025%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.033% dearer against Bitget than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.025%. Mind the row above: over the last 7 days funding on this pair cost −0.557%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget AXLUSDT | 0.05186 | 0.0100 | pay 0.0050% / 4h | 2h 34m | $567K | $280K | 50x |
| Short | BloFin AXL-USDT | 0.05189 | 0.0135 | get 0.0068% / 4h | 2h 34m | $119K | $10K | 50x |
Bitget AXLUSDT
BloFin AXL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $7.39
- Price spread: +0.058% → +0.025%
- $3.29
- Slippage, 4 orders
- −$84.15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$97.47
- Costs to cover
- 1.081%
- Break-even
- 99.3 days
Slippage from Bitget: live order book, 11 min ago; BloFin: live order book, 44 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, 11 min ago | 3.83 bp | 23.3 bp −$23 | 162.8 bp −$1,628 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 44 min ago | 3.81 bp | 31.1 bp −$31 | 99.5 bp −$995 | doesn't fit | doesn't fit |
AXL on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX AXL-USDT | +0.0070% | 4h | 0.05187 | +0.019% | — | $2.3M | — | as long as short |
| Aster AXLUSDT | +0.0100% | 4h | 0.05191 | +0.103% | $34K | $7K | 5x | as long as short |
| Binance AXLUSDT | +0.0100% | 4h | 0.05178 | −0.154% | $1.8M | $3.4M | 50x | as long as short |
| Bybit AXLUSDT | +0.0100% | 4h | 0.05185 | −0.019% | $1.5M | $1.5M | 25x | as long as short |
| MEXC AXL_USDT | +0.0100% | 4h | 0.05188 | +0.039% | $322K | $163K | 50x | as long as short |
| KuCoin AXLUSDTM | +0.0100% | 4h | 0.05194 | +0.154% | $436K | $83K | 30x | as long as short |
| Bitget AXLUSDTlong | +0.0100% | 4h | 0.05186 | long leg | $567K | $280K | 50x | |
| Variational Omni AXL | +0.0100% | 4h | 0.05186 | +0.004% | $6K | $23K | — | as long as short |
| BloFin AXL-USDTshort | +0.0135% | 4h | 0.05189 | +0.058% | $119K | $10K | 50x |
BingX AXL-USDT
Aster AXLUSDT
Binance AXLUSDT
Bybit AXLUSDT
MEXC AXL_USDT
KuCoin AXLUSDTM
Variational Omni AXL