Funding you earn now, next payment 08:00 UTC+0.0023%/8h= +2.5% APRnext payment +$0.12 per $10,000 · paid last 24h −0.009%
Price spread now: MEXC against BloFin+0.019%64s7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as 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−$460.455% of the position
Funding, last 7 days−0.131%−$13 on $10k
+Price spread, last 4 days (all we have)+0.005%$0 · spread now +0.019%, 7d avg −0.015%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and MEXC is 0.034% dearer against BloFin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.015%. Mind the row above: over the last 7 days funding on this pair cost −0.131%, so the current rate has only just turned in your favour. The two prices were read 64 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 | 1.0730 | 0.0077 | pay 0.0038% / 4h | 1h 18m | $278K | $30K | 75x |
| Short | MEXC AXS_USDT | 1.0732 | 0.0100 | get 0.0050% / 4h | 1h 18m | $11.6M | $695K | 50x |
BloFin AXS-USDT
MEXC AXS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $4.84
- Price spread: +0.019% → −0.015%
- $3.41
- Slippage, 4 orders
- −$29.52
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$37.27
- Costs to cover
- 0.455%
- Break-even
- 60.9 days
Slippage from BloFin: live order book, 49 min ago; MEXC: 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 BloFin live order book, 49 min ago | 2.79 bp | 15.9 bp −$16 | 30.3 bp −$303 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 1.40 bp | 4.5 bp −$5 | 31.3 bp −$313 | 59.3 bp −$5,933 | 111.8 bp −$55.9K |
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 | −0.1014% | 1h | 1.0580 | −1.398% | $1K | $48K | 5.5x | as long as short |
| BloFin AXS-USDTlong | +0.0077% | 4h | 1.0730 | long leg | $278K | $30K | 75x | |
| Orderly PERP_AXS_USDC | +0.0097% | 4h | 1.0740 | +0.093% | $3K | — | 10x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0740 | +0.093% | $263K | $700K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0737 | +0.067% | $73K | $17K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0732 | +0.016% | $6.0M | $10.8M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0733 | +0.028% | $3.7M | $4.3M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0731 | +0.009% | $1.4M | $3.0M | 20x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0731 | +0.009% | $849K | $630K | 50x | as long as short |
| MEXC AXS_USDTshort | +0.0100% | 4h | 1.0732 | +0.019% | $11.6M | $695K | 50x |
Injective AXS/USDC PERP
Orderly PERP_AXS_USDC
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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0740 | +0.093% | $588K | $288K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0730 | 0.000% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0733 | +0.028% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0733 | +0.024% | $36K | $953 | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0730 | −0.001% | $769K | $881K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0729 | −0.009% | $1K | $1.4M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0731 | +0.009% | $768 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0729 | −0.007% | $7K | $228K | 10x | as long as short |
| Lighter AXS | +0.0264% | 1h | 1.0761 | +0.289% | $37K | $39K | 5x | as long as short |
| Kraken Futures PF_AXSUSD | +0.0378% | 1h | 1.0745 | +0.135% | $141K | $342K | 20x | as long as short |
KuCoin AXSUSDTM
Bitget AXSUSDT
BingX AXS-USDT
Variational Omni AXS
GRVT AXS_USDT_Perp
SunX AXS-USDT
SoDEX AXS-USD
Extended AXS-USD
Lighter AXS
Kraken Futures PF_AXSUSD