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

AXS

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.021%
Price spread now: Extended against GRVT+0.555%7-day average −0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$820.824% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.016%+$2 on $10k
Price spread, last 3 days (all we have)−0.750%−$75 · spread now +0.555%, 7d avg −0.024%
Together, before fees−0.734%+ Points / potential airdropGRVT: Active · Extended: Active · farm board−$73 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 0.579% dearer against GRVT than usual: you sell high and buy low, +$58 on $10k if it goes back to its 7-day average of −0.024%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT AXS_USDT_Perp1.07540.0100pay 0.0050% / 4h3h 15m$766K$889K10x
ShortExtended AXS-USD1.08140.0104get 0.0013% / 1h15m 32s$7K$241K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against GRVT. 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: +0.555% → −0.024%
$57.86
Slippage, 4 orders
−$68.43
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$23.74
Costs to cover
0.824%
Break-even
204.8 days
Slippage from GRVT: live order book, 57 min ago; Extended: live order book, 55 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 GRVT live order book, 57 min ago4.64 bp21.6 bp −$22105.5 bp −$1,055doesn't fitdoesn't fit
Sell Extended live order book, 55 min ago1.21 bp19.0 bp −$19143.2 bp −$1,432doesn'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−0.0259%1h1.0834+0.742%$147K$332K20xas long as short
Injective AXS/USDC PERP+0.0033%1h1.0720−0.316%$5$47K5.5xas long as short
Orderly PERP_AXS_USDC+0.0082%4h1.0820+0.614%$3K10xas long as short
Lighter AXS+0.0096%1h1.0844+0.837%$29K$36K5xas long as short
Hyperliquid AXS+0.0100%1h1.0820+0.614%$268K$308K5xas long as short
Aster AXSUSDT+0.0100%4h1.0813+0.552%$74K$12K10xas long as short
Binance AXSUSDT+0.0100%4h1.0819+0.609%$6.1M$9.8M75xas long as short
Bybit AXSUSDT+0.0100%8h1.0829+0.698%$3.7M$4.1M75xas long as short
OKX AXS-USDT-SWAP+0.0100%4h1.0820+0.614%$1.5M$3.0M20xas long as short
Gate AXS_USDT+0.0100%8h1.0809+0.512%$881K$1.1M50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC AXS_USDT+0.0100%4h1.0818+0.595%$11.5M$744K50xas long as short
KuCoin AXSUSDTM+0.0100%4h1.0810+0.521%$611K$312K50xas long as short
Bitget AXSUSDT+0.0100%4h1.0820+0.614%$3.2M$1.2M50xas long as short
BingX AXS-USDT+0.0100%4h1.0820+0.614%$2.6Mas long as short
Variational Omni AXS+0.0100%8h1.0825+0.659%$37K$4Kas long as short
GRVT AXS_USDT_Perplong+0.0100%4h1.0754long leg$766K$889K10x
SunX AXS-USDT+0.0100%4h1.0830+0.707%$1K$1.3M20xas long as short
SoDEX AXS-USD+0.0100%1h1.0825+0.660%$721$3K5xas long as short
Extended AXS-USDshort+0.0104%1h1.0814+0.555%$7K$241K10x
BloFin AXS-USDT+0.0107%4h1.0748−0.056%$278K$14K75xas long as short