Funding you earn now, next payment 00:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.00 per $10,000 · paid last 24h +0.007%
Price spread now: BingX against BloFin+0.038%111s7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as 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−$630.632% of the position
Funding, last 7 days−0.075%−$7 on $10k
+Price spread, last 3 days (all we have)−0.002%$0 · spread now +0.038%, 7d avg +0.001%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.037% dearer against BloFin than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.001%. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin AXS-USDT | 1.0641 | 0.0099 | pay 0.0050% / 4h | 1h 07m | $273K | $17K | 75x |
| Short | BingX AXS-USDT | 1.0645 | 0.0100 | get 0.0050% / 4h | 1h 07m | — | $2.6M | — |
BloFin AXS-USDT
BingX AXS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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
- $0.2
- Price spread: +0.038% → +0.001%
- $3.7
- Slippage, 4 orders
- −$41.2
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$59.29
- Costs to cover
- 0.632%
- Break-even
- 2036.4 days
Slippage from BloFin: live order book, 4 min ago; BingX: live order book, 7 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 BloFin live order book, 4 min ago | 0.47 bp | 12.2 bp −$12 | 30.4 bp −$304 | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 4.23 bp | 16.8 bp −$17 | 42.3 bp −$423 | 314.2 bp −$31.4K | 449.2 bp −$224.6K |
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 | −0.0476% | 1h | 1.0644 | +0.033% | $139K | $308K | 20x | as long as short |
| Injective AXS/USDC PERP | +0.0033% | 1h | 1.0720 | +0.742% | $5 | $47K | 5.5x | as long as short |
| Orderly PERP_AXS_USDC | +0.0075% | 4h | 1.0650 | +0.085% | $3K | — | 10x | as long as short |
| OKX AXS-USDT-SWAP | +0.0090% | 4h | 1.0653 | +0.113% | $1.4M | $2.7M | 20x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0664 | +0.216% | $28K | $36K | 5x | as long as short |
| BloFin AXS-USDTlong | +0.0099% | 4h | 1.0641 | long leg | $273K | $17K | 75x | |
| Hyperliquid AXS | +0.0100% | 1h | 1.0654 | +0.126% | $262K | $296K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0649 | +0.077% | $72K | $11K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0649 | +0.075% | $6.0M | $9.2M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0650 | +0.085% | $3.2M | $3.6M | 75x | as long as short |
Kraken Futures PF_AXSUSD
Injective AXS/USDC PERP
Orderly PERP_AXS_USDC
OKX AXS-USDT-SWAP
Lighter AXS
Hyperliquid AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate AXS_USDT | +0.0100% | 8h | 1.0648 | +0.066% | $958K | $1.0M | 50x | as long as short |
| MEXC AXS_USDT | +0.0100% | 4h | 1.0639 | −0.019% | $11.1M | $730K | 50x | as long as short |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0650 | +0.085% | $589K | $297K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0640 | −0.009% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDTshort | +0.0100% | 4h | 1.0645 | +0.038% | — | $2.6M | — | |
| Variational Omni AXS | +0.0100% | 8h | 1.0629 | −0.117% | $36K | $4K | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0636 | −0.046% | $756K | $875K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0643 | +0.019% | $2K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0636 | −0.047% | $695 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0634 | −0.063% | $7K | $156K | 10x | as long as short |
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