Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Bybit−0.100%7-day average −0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$920.923% of the position
Funding, last 7 days+0.035%+$3 on $10k
+Price spread, last 4 days (all we have)+0.047%+$5 · spread now −0.100%, 7d avg −0.072%
=Together, before fees+0.082%+ Points / potential airdropExtended: Active · farm board+$8 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 0.028% cheaper against Bybit than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.072%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit AXSUSDT | 1.0650 | 0.0100 | pay 0.0100% / 8h | 2h 21m | $3.7M | $4.3M | 75x |
| Short | Extended AXS-USD | 1.0639 | 0.0104 | get 0.0013% / 1h | 21m 35s | $7K | $223K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Bybit. 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
- $0.84
- Price spread: −0.100% → −0.072%
- −$2.84
- Slippage, 4 orders
- −$76.31
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$94.31
- Costs to cover
- 0.923%
- Break-even
- 792.9 days
Slippage from Bybit: live order book, 1 min ago; Extended: live order book, 25 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 Bybit live order book, 1 min ago | 1.88 bp | 23.1 bp −$23 | 102.5 bp −$1,025 | doesn't fit | doesn't fit |
| Sell Extended live order book, 25 min ago | 1.59 bp | 19.1 bp −$19 | 151.1 bp −$1,511 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective AXS/USDC PERP | +0.0033% | 1h | 1.0580 | −0.657% | $1K | $48K | 5.5x | as long as short |
| BloFin AXS-USDT | +0.0072% | 4h | 1.0588 | −0.582% | $277K | $30K | 75x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0655 | +0.047% | $36K | $39K | 5x | as long as short |
| Orderly PERP_AXS_USDC | +0.0097% | 4h | 1.0630 | −0.188% | $3K | — | 10x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0635 | −0.141% | $420K | $499K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0643 | −0.063% | $72K | $15K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0644 | −0.056% | $6.0M | $10.7M | 75x | as long as short |
| Bybit AXSUSDTlong | +0.0100% | 8h | 1.0650 | long leg | $3.7M | $4.3M | 75x | |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0646 | −0.038% | $1.4M | $3.0M | 20x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0631 | −0.178% | $842K | $829K | 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 | 1.0641 | −0.085% | $11.4M | $673K | 50x | as long as short |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0630 | −0.188% | $582K | $288K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0650 | 0.000% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0638 | −0.113% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0578 | −0.678% | $36K | $953 | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0590 | −0.563% | $760K | $896K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0631 | −0.178% | $2K | $1.4M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0636 | −0.131% | $755 | $3K | 5x | as long as short |
| Extended AXS-USDshort | +0.0104% | 1h | 1.0639 | −0.100% | $7K | $223K | 10x | |
| Kraken Futures PF_AXSUSD | +0.0416% | 1h | 1.0647 | −0.028% | $141K | $351K | 20x | as long as short |
Bybit AXSUSDT
Extended AXS-USD
Injective AXS/USDC PERP
BloFin AXS-USDT
Lighter AXS
Hyperliquid AXS
Aster AXSUSDT
Binance AXSUSDT
OKX AXS-USDT-SWAP
Gate AXS_USDT
MEXC AXS_USDT
KuCoin AXSUSDTM
Bitget AXSUSDT
BingX AXS-USDT
Variational Omni AXS
GRVT AXS_USDT_Perp
SunX AXS-USDT
SoDEX AXS-USD
Kraken Futures PF_AXSUSD