Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.010%
Price spread now: BingX against KuCoin−0.028%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$227as in the Funding arb table
Net, price: spread back to 7d avg − costs−$233as in the Price arb table
costs, in and out, $10k−$2302.300% of the position
Funding, last 7 days+0.035%+$4 on $10k
+Price spread, last 4 days (all we have)+0.088%+$9 · spread now −0.028%, 7d avg +0.002%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.030% cheaper against KuCoin than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.002%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin AXSUSDTM | 1.0660 | 0.0100 | pay 0.0050% / 4h | 2h 20m | $575K | $291K | 50x |
| Short | BingX AXS-USDT | 1.0657 | 0.0100 | get 0.0050% / 4h | 2h 20m | — | $2.6M | — |
KuCoin AXSUSDTM
BingX AXS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against KuCoin. 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
- Price spread: −0.028% → +0.002%
- −$3
- Slippage, 4 orders
- −$208
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$233.01
- Costs to cover
- 2.300%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 62 min ago; BingX: live order book, 9 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 KuCoin live order book, 62 min ago | 9.41 bp | 94.9 bp −$95 | 474.1 bp −$4,741 | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 4.70 bp | 16.8 bp −$17 | 46.0 bp −$460 | 333.9 bp −$33.4K | 451.9 bp −$226.0K |
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 | −0.0337% | 1h | 1.0667 | +0.070% | $140K | $322K | 20x | as long as short |
| Injective AXS/USDC PERP | +0.0033% | 1h | 1.0720 | +0.563% | $5 | $47K | 5.5x | as long as short |
| Orderly PERP_AXS_USDC | +0.0077% | 4h | 1.0660 | 0.000% | $3K | — | 10x | as long as short |
| BloFin AXS-USDT | +0.0083% | 4h | 1.0661 | +0.009% | $272K | $30K | 75x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0682 | +0.206% | $28K | $36K | 5x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0663 | +0.028% | $262K | $291K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0661 | +0.010% | $72K | $11K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0659 | −0.009% | $5.9M | $9.3M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0654 | −0.056% | $3.2M | $3.6M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0657 | −0.028% | $1.4M | $2.7M | 20x | as long as short |
Kraken Futures PF_AXSUSD
Injective AXS/USDC PERP
Orderly PERP_AXS_USDC
BloFin AXS-USDT
Lighter AXS
Hyperliquid AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDT
OKX AXS-USDT-SWAPShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate AXS_USDT | +0.0100% | 8h | 1.0656 | −0.038% | $961K | $1.0M | 50x | as long as short |
| MEXC AXS_USDT | +0.0100% | 4h | 1.0658 | −0.019% | $11.1M | $764K | 50x | as long as short |
| KuCoin AXSUSDTMlong | +0.0100% | 4h | 1.0660 | long leg | $575K | $291K | 50x | |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0660 | 0.000% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDTshort | +0.0100% | 4h | 1.0657 | −0.028% | — | $2.6M | — | |
| Variational Omni AXS | +0.0100% | 8h | 1.0656 | −0.038% | $36K | $4K | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0660 | 0.000% | $760K | $914K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0657 | −0.028% | $2K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0659 | −0.009% | $706 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0658 | −0.022% | $7K | $156K | 10x | as long as short |
Gate AXS_USDT
MEXC AXS_USDT
Bitget AXSUSDT
Variational Omni AXS
GRVT AXS_USDT_Perp
SunX AXS-USDT
SoDEX AXS-USD
Extended AXS-USD