Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Binance against Extended+0.013%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$790.794% of the position
Funding, last 7 days−0.005%−$1 on $10k
+Price spread, last 4 days (all we have)+0.017%+$2 · spread now +0.013%, 7d avg +0.040%
=Together, before fees+0.012%+ Points / potential airdropExtended: Active · farm board+$1 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: Binance is 0.027% cheaper against Extended than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.040%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended AXS-USD | 1.0593 | 0.0104 | pay 0.0013% / 1h | 2m 51s | $7K | $156K | 10x |
| Short | Binance AXSUSDT | 1.0594 | 0.0100 | get 0.0050% / 4h | 2h 02m | $5.9M | $9.3M | 75x |
Extended AXS-USD
Binance AXSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Extended. 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: +0.013% → +0.040%
- −$2.69
- Slippage, 4 orders
- −$64.41
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$82.94
- Costs to cover
- 0.794%
- Break-even
- never at this rate
Slippage from Extended: live order book, 18 min ago; Binance: live order book, 7 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 Extended live order book, 18 min ago | 1.88 bp | 22.7 bp −$23 | 179.8 bp −$1,798 | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 1.41 bp | 18.2 bp −$18 | 49.7 bp −$497 | 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 | −0.0339% | 1h | 1.0610 | +0.159% | $138K | $322K | 20x | as long as short |
| OKX AXS-USDT-SWAP | +0.0009% | 4h | 1.0596 | +0.029% | $1.4M | $2.7M | 20x | as long as short |
| Injective AXS/USDC PERP | +0.0033% | 1h | 1.0720 | +1.200% | $5 | $47K | 5.5x | as long as short |
| Orderly PERP_AXS_USDC | +0.0072% | 4h | 1.0590 | −0.028% | $3K | — | 10x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0614 | +0.199% | $28K | $36K | 5x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0598 | +0.048% | $260K | $293K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0591 | −0.017% | $72K | $11K | 10x | as long as short |
| Binance AXSUSDTshort | +0.0100% | 4h | 1.0594 | +0.013% | $5.9M | $9.3M | 75x | |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0596 | +0.029% | $3.2M | $3.6M | 75x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0587 | −0.056% | $954K | $1.0M | 50x | as long as short |
Kraken Futures PF_AXSUSD
OKX AXS-USDT-SWAP
Injective AXS/USDC PERP
Orderly PERP_AXS_USDC
Lighter AXS
Hyperliquid AXS
Aster AXSUSDT
Bybit AXSUSDT
Gate AXS_USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC AXS_USDT | +0.0100% | 4h | 1.0592 | −0.009% | $11.1M | $764K | 50x | as long as short |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0600 | +0.067% | $582K | $294K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0590 | −0.028% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0590 | −0.028% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0589 | −0.042% | $36K | $4K | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0599 | +0.053% | $756K | $888K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0597 | +0.038% | $2K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0595 | +0.020% | $694 | $3K | 5x | as long as short |
| BloFin AXS-USDT | +0.0101% | 4h | 1.0587 | −0.056% | $272K | $29K | 75x | as long as short |
| Extended AXS-USDlong | +0.0104% | 1h | 1.0593 | long leg | $7K | $156K | 10x |
MEXC AXS_USDT
KuCoin AXSUSDTM
Bitget AXSUSDT
BingX AXS-USDT
Variational Omni AXS
GRVT AXS_USDT_Perp
SunX AXS-USDT
SoDEX AXS-USD
BloFin AXS-USDT