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

AXS

all AXS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Variational Omni against Aster+0.140%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · Variational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.140% dearer against Aster than usual: you sell high and buy low, +$14 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster AXSUSDT1.08010.0100pay 0.0050% / 4h34m 59s$75K$11K10x
ShortVariational Omni AXS1.08160.0100get 0.0100% / 8h34m 59s$37K$4K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Aster. 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
$0
Price spread: +0.140% → 0.000%
$14.04
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$6.04
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Aster: no order-book sample; Variational Omni: no order-book sample. 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 Aster no order-book sample
Sell Variational Omni no order-book sample
Aster and Variational Omni: 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
Kraken Futures PF_AXSUSD−0.0239%1h1.0811+0.089%$141K$312K20xas long as short
Injective AXS/USDC PERP+0.0033%1h1.0720−0.751%$5$47K5.5xas long as short
Orderly PERP_AXS_USDC+0.0078%4h1.0800−0.010%$3K10xas long as short
Lighter AXS+0.0096%1h1.0823+0.203%$29K$36K5xas long as short
Hyperliquid AXS+0.0100%1h1.0803+0.018%$265K$298K5xas long as short
Aster AXSUSDTlong+0.0100%4h1.0801long leg$75K$11K10x
Binance AXSUSDT+0.0100%4h1.0802+0.013%$6.1M$9.6M75xas long as short
Bybit AXSUSDT+0.0100%8h1.0812+0.101%$3.7M$4.0M75xas long as short
OKX AXS-USDT-SWAP+0.0100%4h1.0803+0.018%$1.4M$2.9M20xas long as short
Gate AXS_USDT+0.0100%8h1.0807+0.055%$973K$1.0M50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC AXS_USDT+0.0100%4h1.0799−0.019%$11.5M$745K50xas long as short
KuCoin AXSUSDTM+0.0100%4h1.0810+0.082%$613K$306K50xas long as short
Bitget AXSUSDT+0.0100%4h1.0800−0.010%$3.2M$1.2M50xas long as short
BingX AXS-USDT+0.0100%4h1.0807+0.055%$2.6Mas long as short
Variational Omni AXSshort+0.0100%8h1.0816+0.140%$37K$4K
GRVT AXS_USDT_Perp+0.0100%4h1.0800−0.009%$772K$892K10xas long as short
SunX AXS-USDT+0.0100%4h1.0803+0.018%$1K$1.3M20xas long as short
SoDEX AXS-USD+0.0100%1h1.0804+0.027%$710$3K5xas long as short
Extended AXS-USD+0.0104%1h1.0797−0.038%$7K$156K10xas long as short
BloFin AXS-USDT+0.0135%4h1.0795−0.056%$276K$17K75xas long as short