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

AXS

all AXS markets
SwapBacktest
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 Gate−0.073%7-day average −0.080% · you buy dearer than you sell
Net, funding: paid 7d − costs−$206as in the Funding arb table
Net, price: spread back to 7d avg − costs−$204as in the Price arb table
costs, in and out, $10k−$2052.049% 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)−0.003%$0 · spread now −0.073%, 7d avg −0.080%
Together, before fees−0.012%+ Points / potential airdropExtended: Active · farm board−$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate AXS_USDT1.06180.0100pay 0.0100% / 8h2h 39m$957K$1.0M50x
ShortExtended AXS-USD1.06100.0104get 0.0013% / 1h39m 05s$7K$156K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Gate. 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: −0.073% → −0.080%
$0.66
Slippage, 4 orders
−$184.86
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$203.36
Costs to cover
2.049%
Break-even
1701.7 days
Slippage from Gate: live order book, 3 min ago; Extended: live order book, 46 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 Gate live order book, 3 min ago11.77 bp89.0 bp −$89356.4 bp −$3,564doesn't fitdoesn't fit
Sell Extended live order book, 46 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%1h1.0610−0.078%$138K$324K20xas long as short
Injective AXS/USDC PERP+0.0033%1h1.0720+0.961%$5$47K5.5xas long as short
BloFin AXS-USDT+0.0074%4h1.0606−0.113%$270K$30K75xas long as short
Orderly PERP_AXS_USDC+0.0078%4h1.0610−0.075%$3K10xas long as short
Lighter AXS+0.0096%1h1.0633+0.141%$28K$36K5xas long as short
Hyperliquid AXS+0.0100%1h1.0611−0.066%$261K$294K5xas long as short
Aster AXSUSDT+0.0100%4h1.0623+0.043%$72K$11K10xas long as short
Binance AXSUSDT+0.0100%4h1.0606−0.109%$5.9M$9.4M75xas long as short
Bybit AXSUSDT+0.0100%8h1.0615−0.028%$3.2M$3.6M75xas long as short
OKX AXS-USDT-SWAP+0.0100%4h1.0609−0.085%$1.4M$2.7M20xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate AXS_USDTlong+0.0100%8h1.0618long leg$957K$1.0M50x
MEXC AXS_USDT+0.0100%4h1.0609−0.085%$11.1M$762K50xas long as short
KuCoin AXSUSDTM+0.0100%4h1.0620+0.019%$573K$294K50xas long as short
Bitget AXSUSDT+0.0100%4h1.0610−0.075%$3.1M$1.2M50xas long as short
BingX AXS-USDT+0.0100%4h1.0624+0.057%$2.6Mas long as short
Variational Omni AXS+0.0100%8h1.0616−0.018%$36K$4Kas long as short
GRVT AXS_USDT_Perp+0.0100%4h1.0613−0.047%$757K$914K10xas long as short
SunX AXS-USDT+0.0100%4h1.0612−0.057%$2K$1.3M20xas long as short
SoDEX AXS-USD+0.0100%1h1.0606−0.113%$712$3K5xas long as short
Extended AXS-USDshort+0.0104%1h1.0610−0.073%$7K$156K10x