Funding you earn now, next payment 04:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.05 per $10,000 · paid last 24h −0.007%
Price spread now: Bitget against BloFin−0.103%55s7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$88as 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−$770.770% of the position
Funding, last 7 days−0.112%−$11 on $10k
+Price spread, last 3 days (all we have)+0.114%+$11 · spread now −0.103%, 7d avg −0.004%
=Funding pays, the price is against you. Bitget is 0.099% cheaper against BloFin than usual: you would sell low and buy high (spread −0.103% now, against its 7-day average of −0.004%). If the spread goes back, that is −$10 on $10k: about 32 days of funding at the current rate ($0 a day). Mind the row above: over the last 7 days funding on this pair cost −0.112%, so the current rate has only just turned in your favour. The two prices were read 55 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 | 1.0691 | 0.0090 | pay 0.0045% / 4h | 2h 48m | $275K | $18K | 75x |
| Short | Bitget AXSUSDT | 1.0680 | 0.0100 | get 0.0050% / 4h | 2h 48m | $3.1M | $1.2M | 50x |
BloFin AXS-USDT
Bitget AXSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $2.14
- Price spread: −0.103% → −0.004%
- −$9.87
- Slippage, 4 orders
- −$53.01
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$84.73
- Costs to cover
- 0.770%
- Break-even
- 283.8 days
Slippage from BloFin: live order book, 13 min ago; Bitget: live order book, 4 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, 13 min ago | 3.27 bp | 16.0 bp −$16 | 37.4 bp −$374 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 4.68 bp | 20.0 bp −$20 | 62.9 bp −$629 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective AXS/USDC PERP | +0.0033% | 1h | 1.0720 | +0.271% | $5 | $47K | 5.5x | as long as short |
| Orderly PERP_AXS_USDC | +0.0078% | 4h | 1.0670 | −0.196% | $3K | — | 10x | as long as short |
| BloFin AXS-USDTlong | +0.0090% | 4h | 1.0691 | long leg | $275K | $18K | 75x | |
| Lighter AXS | +0.0096% | 1h | 1.0718 | +0.253% | $29K | $36K | 5x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0683 | −0.075% | $259K | $313K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0697 | +0.060% | $73K | $14K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0675 | −0.151% | $6.0M | $10.0M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0680 | −0.103% | $3.7M | $4.2M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0675 | −0.150% | $1.4M | $2.9M | 20x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0673 | −0.168% | $851K | $991K | 50x | as long as short |
Injective AXS/USDC PERP
Orderly PERP_AXS_USDC
Lighter AXS
Hyperliquid AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDT
OKX AXS-USDT-SWAP
Gate AXS_USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC AXS_USDT | +0.0100% | 4h | 1.0676 | −0.140% | $11.3M | $724K | 50x | as long as short |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0680 | −0.103% | $602K | $312K | 50x | as long as short |
| Bitget AXSUSDTshort | +0.0100% | 4h | 1.0680 | −0.103% | $3.1M | $1.2M | 50x | |
| BingX AXS-USDT | +0.0100% | 4h | 1.0684 | −0.065% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0695 | +0.041% | $36K | $4K | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0660 | −0.290% | $756K | $900K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0669 | −0.206% | $1K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0675 | −0.150% | $709 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0672 | −0.177% | $7K | $241K | 10x | as long as short |
| Kraken Futures PF_AXSUSD | +0.0358% | 1h | 1.0687 | −0.040% | $146K | $333K | 20x | as long as short |
MEXC AXS_USDT
KuCoin AXSUSDTM
BingX AXS-USDT
Variational Omni AXS
GRVT AXS_USDT_Perp
SunX AXS-USDT
SoDEX AXS-USD
Extended AXS-USD
Kraken Futures PF_AXSUSD