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

AXS

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Binance−0.121%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$890.888% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.015%+$1 on $10k
Price spread, last 7 days+0.148%+$15 · spread now −0.121%, 7d avg −0.003%
Together, before fees+0.163%+$16 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.118% cheaper against Binance than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance AXSUSDT1.07430.0100pay 0.0050% / 4h3h 13m$6.1M$10.4M75x
ShortBitget AXSUSDT1.07300.0100get 0.0050% / 4h3h 13m$3.1M$1.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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: −0.121% → −0.003%
−$11.77
Slippage, 4 orders
−$66.77
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$100.55
Costs to cover
0.888%
Break-even
never at this rate
Slippage from Binance: live order book, 12 min ago; Bitget: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 12 min ago0.47 bp15.0 bp −$1538.9 bp −$389doesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago4.65 bp24.2 bp −$2468.4 bp −$684doesn't fitdoesn't fit

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 PERP+0.0033%1h1.0720−0.214%$5$47K5.5xas long as short
Orderly PERP_AXS_USDC+0.0094%4h1.0740−0.028%$3K10xas long as short
Hyperliquid AXS+0.0100%1h1.0749+0.056%$261K$309K5xas long as short
Aster AXSUSDT+0.0100%4h1.0747+0.037%$73K$14K10xas long as short
Binance AXSUSDTlong+0.0100%4h1.0743long leg$6.1M$10.4M75x
Bybit AXSUSDT+0.0100%8h1.0746+0.028%$3.7M$4.2M75xas long as short
OKX AXS-USDT-SWAP+0.0100%4h1.0739−0.037%$1.4M$2.9M20xas long as short
Gate AXS_USDT+0.0100%8h1.0747+0.037%$854K$898K50xas long as short
MEXC AXS_USDT+0.0100%4h1.0741−0.019%$11.5M$698K50xas long as short
KuCoin AXSUSDTM+0.0100%4h1.0750+0.065%$602K$283K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AXSUSDTshort+0.0100%4h1.0730−0.121%$3.1M$1.2M50x
BingX AXS-USDT+0.0100%4h1.0745+0.019%$2.6Mas long as short
Variational Omni AXS+0.0100%8h1.0750+0.062%$37K$953as long as short
GRVT AXS_USDT_Perp+0.0100%4h1.0740−0.028%$762K$892K10xas long as short
SunX AXS-USDT+0.0100%4h1.0738−0.047%$2K$1.4M20xas long as short
SoDEX AXS-USD+0.0100%1h1.0741−0.019%$755$3K5xas long as short
Extended AXS-USD+0.0104%1h1.0740−0.029%$7K$236K10xas long as short
BloFin AXS-USDT+0.0122%4h1.0739−0.037%$275K$26K75xas long as short
Lighter AXS+0.0136%1h1.0768+0.233%$37K$39K5xas long as short
Kraken Futures PF_AXSUSD+0.0212%1h1.0753+0.096%$141K$345K20xas long as short