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

AXS

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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Bitget+0.047%7-day average −0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$1031.034% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.009%−$1 on $10k
Price spread, last 4 days (all we have)−0.140%−$14 · spread now +0.047%, 7d avg −0.044%
Together, before fees−0.150%+ Points / potential airdropExtended: Active · farm board−$15 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: Extended is 0.090% dearer against Bitget than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.044%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget AXSUSDT1.05900.0100pay 0.0050% / 4h2h 57m$3.1M$1.2M50x
ShortExtended AXS-USD1.05950.0104get 0.0013% / 1h57m 25s$7K$156K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Bitget. 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
$0.84
Price spread: +0.047% → −0.044%
$9.03
Slippage, 4 orders
−$86.37
Fee Bitget: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$93.5
Costs to cover
1.034%
Break-even
786.2 days
Slippage from Bitget: live order book, 5 min ago; Extended: live order book, 28 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 Bitget live order book, 5 min ago4.72 bp33.5 bp −$3461.5 bp −$615doesn't fitdoesn't fit
Sell Extended live order book, 28 min ago1.88 bp23.5 bp −$23172.9 bp −$1,729doesn'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
Kraken Futures PF_AXSUSD−0.0339%1h1.0608+0.166%$139K$327K20xas long as short
SoDEX AXS-USD−0.0267%1h1.0598+0.076%$722$3K5xas long as short
Injective AXS/USDC PERP+0.0033%1h1.0720+1.228%$5$47K5.5xas long as short
Orderly PERP_AXS_USDC+0.0077%4h1.0610+0.189%$3K10xas long as short
BloFin AXS-USDT+0.0094%4h1.0611+0.198%$270K$30K75xas long as short
Lighter AXS+0.0096%1h1.0620+0.283%$28K$36K5xas long as short
Hyperliquid AXS+0.0100%1h1.0601+0.104%$261K$295K5xas long as short
Aster AXSUSDT+0.0100%4h1.0613+0.221%$72K$11K10xas long as short
Binance AXSUSDT+0.0100%4h1.0596+0.054%$5.9M$9.4M75xas long as short
Bybit AXSUSDT+0.0100%8h1.0598+0.076%$3.2M$3.6M75xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX AXS-USDT-SWAP+0.0100%4h1.0595+0.047%$1.4M$2.7M20xas long as short
Gate AXS_USDT+0.0100%8h1.0608+0.170%$956K$1.0M50xas long as short
MEXC AXS_USDT+0.0100%4h1.0596+0.057%$11.1M$760K50xas long as short
KuCoin AXSUSDTM+0.0100%4h1.0610+0.189%$572K$294K50xas long as short
Bitget AXSUSDTlong+0.0100%4h1.0590long leg$3.1M$1.2M50x
BingX AXS-USDT+0.0100%4h1.0600+0.094%$2.6Mas long as short
Variational Omni AXS+0.0100%8h1.0617+0.252%$36K$4Kas long as short
GRVT AXS_USDT_Perp+0.0100%4h1.0610+0.189%$752K$927K10xas long as short
SunX AXS-USDT+0.0100%4h1.0598+0.076%$2K$1.3M20xas long as short
Extended AXS-USDshort+0.0104%1h1.0595+0.047%$7K$156K10x