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

AXS

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: MEXC against Hyperliquid−0.102%7-day average −0.094% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$610.610% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.006%−$1 on $10k
Price spread, last 4 days (all we have)+0.020%+$2 · spread now −0.102%, 7d avg −0.094%
Together, before fees+0.014%+ Points / potential airdropHyperliquid: Season 2 · farm board+$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid AXS1.08150.0100pay 0.0013% / 1h31m 32s$267K$300K5x
ShortMEXC AXS_USDT1.08040.0100get 0.0050% / 4h31m 32s$11.5M$749K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Hyperliquid. 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
Price spread: −0.102% → −0.094%
−$0.77
Slippage, 4 orders
−$47.99
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$61.76
Costs to cover
0.610%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 28 min ago; MEXC: live order book, 2 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 Hyperliquid live order book, 28 min ago2.78 bp29.0 bp −$29doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago0.46 bp3.9 bp −$436.3 bp −$36361.2 bp −$6,119100.3 bp −$50.2K

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−0.0238%1h1.0823+0.071%$141K$312K20xas long as short
Injective AXS/USDC PERP+0.0033%1h1.0720−0.878%$5$47K5.5xas long as short
Orderly PERP_AXS_USDC+0.0078%4h1.0820+0.046%$3K10xas long as short
Lighter AXS+0.0096%1h1.0835+0.185%$29K$36K5xas long as short
Hyperliquid AXSlong+0.0100%1h1.0815long leg$267K$300K5x
Aster AXSUSDT+0.0100%4h1.0813−0.015%$75K$11K10xas long as short
Binance AXSUSDT+0.0100%4h1.0806−0.083%$6.1M$9.6M75xas long as short
Bybit AXSUSDT+0.0100%8h1.0823+0.074%$3.7M$4.0M75xas long as short
OKX AXS-USDT-SWAP+0.0100%4h1.0812−0.028%$1.4M$2.9M20xas long as short
Gate AXS_USDT+0.0100%8h1.0818+0.028%$974K$1.0M50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC AXS_USDTshort+0.0100%4h1.0804−0.102%$11.5M$749K50x
KuCoin AXSUSDTM+0.0100%4h1.0800−0.139%$612K$306K50xas long as short
Bitget AXSUSDT+0.0100%4h1.0800−0.139%$3.2M$1.2M50xas long as short
BingX AXS-USDT+0.0100%4h1.0818+0.028%$2.6Mas long as short
Variational Omni AXS+0.0100%8h1.0816+0.012%$37K$4Kas long as short
GRVT AXS_USDT_Perp+0.0100%4h1.0814−0.006%$773K$892K10xas long as short
SunX AXS-USDT+0.0100%4h1.0818+0.028%$1K$1.3M20xas long as short
SoDEX AXS-USD+0.0100%1h1.08150.000%$712$3K5xas long as short
Extended AXS-USD+0.0104%1h1.0806−0.084%$7K$156K10xas long as short
BloFin AXS-USDT+0.0118%4h1.0816+0.009%$276K$17K75xas long as short