Funding you earn now, next payment 04:00 UTC+0.0049%/8h= +5.4% APRpaid last 24h +0.007%
Price spread now: BloFin against Gate−0.084%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$180as in the Funding arb table
Net, price: spread back to 7d avg − costs−$197as in the Price arb table
costs, in and out, $10k−$1911.915% of the position
Funding, last 7 days+0.112%+$11 on $10k
+Price spread, last 4 days (all we have)+0.163%+$16 · spread now −0.084%, 7d avg −0.030%
=Funding pays, the price is against you. BloFin is 0.054% cheaper against Gate than usual: you would sell low and buy high (spread −0.084% now, against its 7-day average of −0.030%). If the spread goes back, that is −$5 on $10k: about 3.7 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate AXS_USDT | 1.0732 | 0.0100 | pay 0.0100% / 8h | 5h 08m | $855K | $954K | 50x |
| Short | BloFin AXS-USDT | 1.0723 | 0.0149 | get 0.0074% / 4h | 1h 08m | $279K | $23K | 75x |
Gate AXS_USDT
BloFin AXS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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
- $10.27
- Price spread: −0.084% → −0.030%
- −$5.39
- Slippage, 4 orders
- −$164.47
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$186.58
- Costs to cover
- 1.915%
- Break-even
- 134.1 days
Slippage from Gate: live order book, 38 min ago; BloFin: live order book, 23 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 Gate live order book, 38 min ago | 7.02 bp | 74.3 bp −$74 | 248.3 bp −$2,483 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 23 min ago | 2.32 bp | 16.2 bp −$16 | 44.6 bp −$446 | 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 | −0.112% | $5 | $47K | 5.5x | as long as short |
| Orderly PERP_AXS_USDC | +0.0091% | 4h | 1.0730 | −0.019% | $3K | — | 10x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0749 | +0.158% | $33K | $41K | 5x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0722 | −0.093% | $258K | $309K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0724 | −0.078% | $73K | $14K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0725 | −0.065% | $6.1M | $10.1M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0726 | −0.056% | $3.7M | $4.2M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0721 | −0.102% | $1.4M | $2.9M | 20x | as long as short |
| Gate AXS_USDTlong | +0.0100% | 8h | 1.0732 | long leg | $855K | $954K | 50x | |
| MEXC AXS_USDT | +0.0100% | 4h | 1.0714 | −0.168% | $11.4M | $714K | 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
MEXC AXS_USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0730 | −0.019% | $602K | $300K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0720 | −0.112% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0721 | −0.102% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0756 | +0.227% | $37K | $3K | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0755 | +0.217% | $764K | $877K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0733 | +0.009% | $2K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0728 | −0.037% | $742 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0718 | −0.129% | $7K | $244K | 10x | as long as short |
| BloFin AXS-USDTshort | +0.0149% | 4h | 1.0723 | −0.084% | $279K | $23K | 75x | |
| Kraken Futures PF_AXSUSD | +0.0360% | 1h | 1.0739 | +0.070% | $139K | $346K | 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
Kraken Futures PF_AXSUSD