Funding you earn now, next payment 04:00 UTC−0.0003%/8h= −0.3% APRnext payment −$0.01 per $10,000 · paid last 24h +0.002%
Price spread now: BloFin against BingX−0.019%66s7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$650.653% of the position
Funding, last 7 days+0.077%+$8 on $10k
+Price spread, last 3 days (all we have)−0.032%−$3 · spread now −0.019%, 7d avg −0.001%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX AXS-USDT | 1.0774 | 0.0100 | pay 0.0050% / 4h | 3h 29m | — | $2.6M | — |
| Short | BloFin AXS-USDT | 1.0772 | 0.0097 | get 0.0049% / 4h | 3h 29m | $278K | $18K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- −$0.59
- Price spread: −0.019% → −0.001%
- −$1.73
- Slippage, 4 orders
- −$43.28
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$67.6
- Costs to cover
- 0.653%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; BloFin: live order book, 37 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 BingX live order book, 5 min ago | 4.18 bp | 18.0 bp −$18 | 41.7 bp −$417 | 380.0 bp −$38.0K | 509.1 bp −$254.5K |
| Sell BloFin live order book, 37 min ago | 0.46 bp | 17.3 bp −$17 | 33.1 bp −$331 | 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 | −0.0261% | 1h | 1.0781 | +0.067% | $145K | $324K | 20x | as long as short |
| Injective AXS/USDC PERP | +0.0033% | 1h | 1.0720 | −0.501% | $5 | $47K | 5.5x | as long as short |
| Orderly PERP_AXS_USDC | +0.0081% | 4h | 1.0770 | −0.037% | $3K | — | 10x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0794 | +0.186% | $29K | $36K | 5x | as long as short |
| BloFin AXS-USDTshort | +0.0097% | 4h | 1.0772 | −0.019% | $278K | $18K | 75x | |
| Hyperliquid AXS | +0.0100% | 1h | 1.0772 | −0.019% | $269K | $306K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0775 | +0.005% | $74K | $12K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0772 | −0.019% | $6.1M | $9.6M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0780 | +0.056% | $3.7M | $4.1M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0768 | −0.056% | $1.4M | $3.0M | 20x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate AXS_USDT | +0.0100% | 8h | 1.0781 | +0.065% | $971K | $904K | 50x | as long as short |
| MEXC AXS_USDT | +0.0100% | 4h | 1.0771 | −0.028% | $11.4M | $743K | 50x | as long as short |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0770 | −0.037% | $623K | $308K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0770 | −0.037% | $3.2M | $1.2M | 50x | as long as short |
| BingX AXS-USDTlong | +0.0100% | 4h | 1.0774 | long leg | — | $2.6M | — | |
| Variational Omni AXS | +0.0100% | 8h | 1.0774 | −0.002% | $37K | $4K | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0771 | −0.031% | $764K | $891K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0776 | +0.019% | $2K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0767 | −0.065% | $716 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0769 | −0.043% | $7K | $260K | 10x | as long as short |
BingX AXS-USDT
BloFin AXS-USDT
Kraken Futures PF_AXSUSD
Injective AXS/USDC PERP
Lighter AXS
Hyperliquid AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDT
OKX AXS-USDT-SWAP
Gate AXS_USDT
MEXC AXS_USDT
KuCoin AXSUSDTM
Bitget AXSUSDT
Variational Omni AXS
GRVT AXS_USDT_Perp
SunX AXS-USDT
SoDEX AXS-USD
Extended AXS-USD