Settings8H · net · $10k
Funding arb · Price arb /

AXS

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0028%/8h= +3.0% APRpaid last 24h +0.046%
Price spread now: BloFin against Injective+0.671%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.277%+$28 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.671% dearer against Injective than usual: you sell high and buy low: +$67 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective AXS/USDC PERP1.05800.0033pay 0.0004% / 1h15m 14s$1K$48K5.5x
ShortBloFin AXS-USDT1.06510.0061get 0.0031% / 4h15m 14s$281K$29K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Injective. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$5.82
Price spread: +0.671% → 0.000%
$67.11
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee BloFin: 6 bp × 2 orders
−$12
Net
$60.91
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; BloFin: live order book, 47 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell BloFin live order book, 47 min ago0.47 bp12.6 bp −$1333.7 bp −$337doesn't fitdoesn't fit
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

AXS on 20 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective AXS/USDC PERPlong+0.0033%1h1.0580long leg$1K$48K5.5x
BloFin AXS-USDTshort+0.0061%4h1.0651+0.671%$281K$29K75x
Orderly PERP_AXS_USDC+0.0094%4h1.0650+0.662%$3K10xas long as short
Lighter AXS+0.0096%1h1.0670+0.851%$36K$43K5xas long as short
Hyperliquid AXS+0.0100%1h1.0650+0.662%$256K$705K5xas long as short
Aster AXSUSDT+0.0100%4h1.0657+0.728%$72K$17K10xas long as short
Binance AXSUSDT+0.0100%4h1.0648+0.647%$6.0M$10.9M75xas long as short
Bybit AXSUSDT+0.0100%8h1.0649+0.652%$3.7M$4.3M75xas long as short
OKX AXS-USDT-SWAP+0.0100%4h1.0648+0.643%$1.4M$3.0M20xas long as short
Gate AXS_USDT+0.0100%8h1.0642+0.586%$841K$535K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC AXS_USDT+0.0100%4h1.0657+0.728%$11.5M$705K50xas long as short
KuCoin AXSUSDTM+0.0100%4h1.0650+0.662%$587K$280K50xas long as short
Bitget AXSUSDT+0.0100%4h1.0650+0.662%$3.1M$1.2M50xas long as short
Variational Omni AXS+0.0100%8h1.0652+0.684%$36K$953as long as short
GRVT AXS_USDT_Perp+0.0100%4h1.0640+0.567%$762K$888K10xas long as short
SunX AXS-USDT+0.0100%4h1.0650+0.662%$2K$1.4M20xas long as short
SoDEX AXS-USD+0.0100%1h1.0645+0.614%$759$3K5xas long as short
Extended AXS-USD+0.0104%1h1.0650+0.658%$8K$251K10xas long as short
BingX AXS-USDT+0.0200%4h1.0646+0.624%$2.6Mas long as short
Kraken Futures PF_AXSUSD+0.0650%1h1.0654+0.700%$145K$350K20xas long as short