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

AXS

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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h +0.003%
Price spread now: BloFin against Extended−0.102%7-day average +0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$780.778% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.120%+$12 on $10k
Price spread, last 4 days (all we have)+0.176%+$18 · spread now −0.102%, 7d avg +0.037%
Together, before fees+0.296%+ Points / potential airdropExtended: Active · farm board+$30 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.140% cheaper against Extended than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.037%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.120%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended AXS-USD1.07320.0104pay 0.0013% / 1h15m 04s$9K$250K10x
ShortBloFin AXS-USDT1.07210.0064get 0.0032% / 4h3h 15m$280K$29K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Extended. 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
−$8.4
Price spread: −0.102% → +0.037%
−$13.96
Slippage, 4 orders
−$60.81
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$100.17
Costs to cover
0.778%
Break-even
never at this rate
Slippage from Extended: live order book, 17 min ago; BloFin: live order book, 42 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 Extended live order book, 17 min ago1.51 bp21.1 bp −$21168.1 bp −$1,681doesn't fitdoesn't fit
Sell BloFin live order book, 42 min ago4.22 bp17.3 bp −$1734.4 bp −$344doesn'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
Injective AXS/USDC PERP+0.0033%1h1.0580−1.416%$1K$48K5.5xas long as short
BloFin AXS-USDTshort+0.0064%4h1.0721−0.102%$280K$29K75x
Orderly PERP_AXS_USDC+0.0094%4h1.0730−0.019%$3K10xas long as short
Lighter AXS+0.0096%1h1.0753+0.196%$37K$42K5xas long as short
Hyperliquid AXS+0.0100%1h1.0729−0.030%$256K$704K5xas long as short
Aster AXSUSDT+0.0100%4h1.0734+0.015%$73K$17K10xas long as short
Binance AXSUSDT+0.0100%4h1.0726−0.052%$6.0M$10.7M75xas long as short
Bybit AXSUSDT+0.0100%8h1.0737+0.047%$3.7M$4.2M75xas long as short
OKX AXS-USDT-SWAP+0.0100%4h1.0724−0.074%$1.4M$3.0M20xas long as short
Gate AXS_USDT+0.0100%8h1.0726−0.056%$847K$525K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC AXS_USDT+0.0100%4h1.0730−0.019%$11.6M$716K50xas long as short
KuCoin AXSUSDTM+0.0100%4h1.0730−0.019%$591K$277K50xas long as short
Bitget AXSUSDT+0.0100%4h1.0720−0.112%$3.1M$1.2M50xas long as short
BingX AXS-USDT+0.0100%4h1.0730−0.019%$2.6Mas long as short
Variational Omni AXS+0.0100%8h1.0744+0.111%$37K$840as long as short
GRVT AXS_USDT_Perp+0.0100%4h1.0690−0.391%$765K$874K10xas long as short
SunX AXS-USDT+0.0100%4h1.0728−0.037%$1K$1.4M20xas long as short
SoDEX AXS-USD+0.0100%1h1.0729−0.028%$782$3K5xas long as short
Extended AXS-USDlong+0.0104%1h1.0732long leg$9K$250K10x
Kraken Futures PF_AXSUSD+0.0463%1h1.0741+0.086%$146K$332K20xas long as short