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

AXS

all AXS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0039%/8h= −4.3% APRpaid last 24h −0.005%
Price spread now: Gate against BloFin+0.037%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$209as in the Funding arb table
Net, price: spread back to 7d avg − costs−$197as in the Price arb table
costs, in and out, $10k−$1981.978% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.111%−$11 on $10k
Price spread, last 4 days (all we have)−0.047%−$5 · spread now +0.037%, 7d avg +0.034%
Together, before fees−0.158%−$16 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.034%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin AXS-USDT1.06720.0139pay 0.0070% / 4h1h 58m$287K$29K75x
ShortGate AXS_USDT1.06760.0100get 0.0100% / 8h5h 58m$840K$296K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against BloFin. 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
−$8.24
Price spread: +0.037% → +0.034%
$0.31
Slippage, 4 orders
−$170.78
Fee BloFin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$205.7
Costs to cover
1.978%
Break-even
never at this rate
Slippage from BloFin: live order book, 48 min ago; Gate: live order book, 51 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 BloFin live order book, 48 min ago1.41 bp13.6 bp −$1430.5 bp −$305doesn't fitdoesn't fit
Sell Gate live order book, 51 min ago10.34 bp85.1 bp −$85452.4 bp −$4,524doesn't fitdoesn't fit

AXS on 20 exchanges

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%1h1.0580−0.862%$1K$48K5.5xas long as short
Orderly PERP_AXS_USDC+0.0091%4h1.0670−0.019%$3K10xas long as short
Lighter AXS+0.0096%1h1.0688+0.150%$36K$42K5xas long as short
Hyperliquid AXS+0.0100%1h1.0665−0.066%$253K$684K5xas long as short
Aster AXSUSDT+0.0100%4h1.0671−0.009%$72K$16K10xas long as short
Binance AXSUSDT+0.0100%4h1.0670−0.019%$6.0M$9.7M75xas long as short
Bybit AXSUSDT+0.0100%8h1.0673+0.009%$3.7M$4.1M75xas long as short
OKX AXS-USDT-SWAP+0.0100%4h1.0671−0.009%$1.5M$2.8M20xas long as short
Gate AXS_USDTshort+0.0100%8h1.0676+0.037%$840K$296K50x
MEXC AXS_USDT+0.0100%4h1.0648−0.225%$11.5M$618K50xas long as short
Show all 20 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin AXSUSDTM+0.0100%4h1.0680+0.075%$589K$238K50xas long as short
Bitget AXSUSDT+0.0100%4h1.0670−0.019%$3.1M$1.1M50xas long as short
BingX AXS-USDT+0.0100%4h1.0674+0.019%$2.6Mas long as short
Variational Omni AXS+0.0100%8h1.0679+0.070%$38K$2Kas long as short
GRVT AXS_USDT_Perp+0.0100%4h1.0673+0.008%$759K$821K10xas long as short
SunX AXS-USDT+0.0100%4h1.06720.000%$2K$1.2M20xas long as short
SoDEX AXS-USD+0.0100%1h1.0667−0.047%$408$3K5xas long as short
Extended AXS-USD+0.0104%1h1.0659−0.125%$8K$253K10xas long as short
BloFin AXS-USDTlong+0.0139%4h1.0672long leg$287K$29K75x
Kraken Futures PF_AXSUSD+0.0193%1h1.0678+0.057%$146K$316K20xas long as short