Funding you earn now, next payment 07:00 UTC−0.0025%/8h= −2.7% APRpaid last 24h +0.002%
Price spread now: Binance against QFEX+0.048%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$480.476% of the position
Funding, last 4 days (all we have)+0.024%+$2 on $10k
+Price spread, last 7 days−0.017%−$2 · spread now +0.048%, 7d avg +0.048%
=The price spread sits at its 7-day average of +0.048%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX AXTI-USD | 78.080 | 0.0025 | pay 0.0003% / 1h | 53m 45s | $1.1M | $1.9M | 10x |
| Short | Binance AXTIUSDT | 78.118 | 0 | get 0.0000% / 8h | 1h 53m | $8.4M | $34.5M | 20x |
QFEX AXTI-USD
Binance AXTIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against QFEX. 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
- −$5.22
- Price spread: +0.048% → +0.048%
- $0.06
- Slippage, 4 orders
- −$27.6
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$52.76
- Costs to cover
- 0.476%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 3 min ago; Binance: live order book, 3 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 QFEX live order book, 3 min ago | 3.19 bp | 8.8 bp −$9 | 19.7 bp −$197 | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 1.28 bp | 14.9 bp −$15 | 38.2 bp −$382 | 132.2 bp −$13.2K | doesn't fit |
AXTI on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget AXTIUSDT | −0.2059% | 8h | 78.230 | +0.192% | $1.4M | $3.5M | 20x | as long as short |
| Aster AXTIUSDT | 0.0000% | 8h | 78.145 | +0.083% | $7K | $124K | 20x | as long as short |
| Extended AXTI-USD | 0.0000% | 1h | 78.099 | +0.024% | $7K | $212K | 10x | as long as short |
| Binance AXTIUSDTshort | 0.0000% | 8h | 78.118 | +0.048% | $8.4M | $34.5M | 20x | |
| Bybit AXTIUSDT | 0.0000% | 8h | 78.130 | +0.064% | $1.8M | $1.3M | 25x | as long as short |
| OKX AXTI-USDT-SWAP | 0.0000% | 8h | 78.120 | +0.051% | $2.7M | $10.9M | 20x | as long as short |
| Gate AXTI_USDT | 0.0000% | 8h | 78.060 | −0.026% | $1.7M | $5.8M | 50x | as long as short |
| GRVT AXTI_USDT_Perp | 0.0000% | 8h | 78.310 | +0.294% | $658 | $197K | 10x | as long as short |
| SunX AXTI-USDT | 0.0000% | 8h | 78.350 | +0.346% | $1K | $956K | 10x | as long as short |
| HTX AXTI-USDT | 0.0000% | 8h | 78.160 | +0.102% | $19K | $44K | 20x | as long as short |
Bitget AXTIUSDT
Aster AXTIUSDT
Extended AXTI-USD
Bybit AXTIUSDT
OKX AXTI-USDT-SWAP
Gate AXTI_USDT
GRVT AXTI_USDT_Perp
SunX AXTI-USDT
HTX AXTI-USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX AXTI-USDlong | +0.0025% | 1h | 78.080 | long leg | $1.1M | $1.9M | 10x | |
| Lighter AXTI | +0.0032% | 1h | 78.120 | +0.051% | — | — | 10x | as long as short |
| KuCoin AXTIUSDTM | +0.0100% | 8h | 78.130 | +0.064% | $603K | $520K | 20x | as long as short |
| Aevo AXTI-PERP | +0.0104% | 1h | 78.124 | +0.057% | — | — | 10x | as long as short |
Lighter AXTI
KuCoin AXTIUSDTM
Aevo AXTI-PERP