Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Binance+0.094%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$191as in the Funding arb table
Net, price: spread back to 7d avg − costs−$184as in the Price arb table
costs, in and out, $10k−$1931.928% of the position
Funding, last 7 days+0.015%+$1 on $10k
+Price spread, last 4 days (all we have)−0.136%−$14 · spread now +0.094%, 7d avg +0.005%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.089% dearer against Binance than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance AXSUSDT | 1.0630 | 0.0100 | pay 0.0050% / 4h | 1h 29m | $5.9M | $9.2M | 75x |
| Short | KuCoin AXSUSDTM | 1.0640 | 0.0100 | get 0.0050% / 4h | 1h 29m | $589K | $297K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Binance. 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
- $0
- Price spread: +0.094% → +0.005%
- $8.92
- Slippage, 4 orders
- −$170.82
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$183.9
- Costs to cover
- 1.928%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; KuCoin: live order book, 43 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 Binance live order book, 10 min ago | 1.88 bp | 14.5 bp −$14 | 42.5 bp −$425 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 43 min ago | 9.42 bp | 88.9 bp −$89 | 254.3 bp −$2,543 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_AXSUSD | −0.0477% | 1h | 1.0628 | −0.019% | $139K | $305K | 20x | as long as short |
| OKX AXS-USDT-SWAP | +0.0031% | 4h | 1.0637 | +0.066% | $1.4M | $2.7M | 20x | as long as short |
| Injective AXS/USDC PERP | +0.0033% | 1h | 1.0720 | +0.847% | $5 | $47K | 5.5x | as long as short |
| Orderly PERP_AXS_USDC | +0.0068% | 4h | 1.0620 | −0.094% | $3K | — | 10x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0652 | +0.207% | $28K | $36K | 5x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0631 | +0.009% | $262K | $296K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0636 | +0.055% | $72K | $11K | 10x | as long as short |
| Binance AXSUSDTlong | +0.0100% | 4h | 1.0630 | long leg | $5.9M | $9.2M | 75x | |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0633 | +0.028% | $3.2M | $3.6M | 75x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0631 | +0.009% | $957K | $1.0M | 50x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC AXS_USDT | +0.0100% | 4h | 1.0624 | −0.056% | $11.1M | $725K | 50x | as long as short |
| KuCoin AXSUSDTMshort | +0.0100% | 4h | 1.0640 | +0.094% | $589K | $297K | 50x | |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0630 | 0.000% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0637 | +0.066% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0633 | +0.030% | $36K | $4K | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0639 | +0.081% | $759K | $870K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0625 | −0.047% | $2K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0618 | −0.113% | $674 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0628 | −0.019% | $7K | $156K | 10x | as long as short |
| BloFin AXS-USDT | +0.0118% | 4h | 1.0629 | −0.009% | $271K | $17K | 75x | as long as short |
Binance AXSUSDT
KuCoin AXSUSDTM
Kraken Futures PF_AXSUSD
OKX AXS-USDT-SWAP
Injective AXS/USDC PERP
Lighter AXS
Hyperliquid AXS
Aster AXSUSDT
Bybit AXSUSDT
Gate AXS_USDT
MEXC AXS_USDT
Bitget AXSUSDT
BingX AXS-USDT
Variational Omni AXS
GRVT AXS_USDT_Perp
SunX AXS-USDT
SoDEX AXS-USD
Extended AXS-USD
BloFin AXS-USDT