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+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against KuCoin+0.029%7-day average −0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$242as in the Funding arb table
Net, price: spread back to 7d avg − costs−$234as in the Price arb table
costs, in and out, $10k−$2412.409% 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)−0.023%−$2 · spread now +0.029%, 7d avg −0.041%
Together, before fees−0.033%+ Points / potential airdropExtended: Active · farm board−$3 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 0.071% dearer against KuCoin than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.041%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin AXSUSDTM1.06800.0100pay 0.0050% / 4h3h 46m$589K$278K50x
ShortExtended AXS-USD1.06830.0104get 0.0013% / 1h46m 57s$7K$246K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against KuCoin. 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: +0.029% → −0.041%
$7.07
Slippage, 4 orders
−$223.94
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$233.03
Costs to cover
2.409%
Break-even
1948.9 days
Slippage from KuCoin: live order book, 47 min ago; Extended: live order book, 50 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 KuCoin live order book, 47 min ago4.69 bp70.7 bp −$71554.0 bp −$5,540doesn't fitdoesn't fit
Sell Extended live order book, 50 min ago1.55 bp24.9 bp −$25198.6 bp −$1,986doesn'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%1h1.0580−0.936%$1K$48K5.5xas long as short
Orderly PERP_AXS_USDC+0.0094%4h1.0690+0.094%$3K10xas long as short
Lighter AXS+0.0096%1h1.0707+0.253%$36K$42K5xas long as short
BloFin AXS-USDT+0.0097%4h1.0690+0.094%$280K$29K75xas long as short
Hyperliquid AXS+0.0100%1h1.0689+0.084%$256K$706K5xas long as short
Aster AXSUSDT+0.0100%4h1.0690+0.089%$72K$17K10xas long as short
Binance AXSUSDT+0.0100%4h1.0685+0.050%$6.0M$10.8M75xas long as short
Bybit AXSUSDT+0.0100%8h1.0688+0.075%$3.7M$4.3M75xas long as short
OKX AXS-USDT-SWAP+0.0100%4h1.0685+0.047%$1.4M$3.0M20xas long as short
Gate AXS_USDT+0.0100%8h1.0683+0.028%$844K$524K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC AXS_USDT+0.0100%4h1.0686+0.056%$11.6M$703K50xas long as short
KuCoin AXSUSDTMlong+0.0100%4h1.0680long leg$589K$278K50x
Bitget AXSUSDT+0.0100%4h1.06800.000%$3.1M$1.2M50xas long as short
BingX AXS-USDT+0.0100%4h1.0683+0.028%$2.6Mas long as short
Variational Omni AXS+0.0100%8h1.0689+0.082%$36K$953as long as short
GRVT AXS_USDT_Perp+0.0100%4h1.0678−0.022%$765K$865K10xas long as short
SunX AXS-USDT+0.0100%4h1.0688+0.075%$2K$1.4M20xas long as short
SoDEX AXS-USD+0.0100%1h1.0684+0.037%$781$3K5xas long as short
Extended AXS-USDshort+0.0104%1h1.0683+0.029%$7K$246K10x
Kraken Futures PF_AXSUSD+0.0465%1h1.0695+0.144%$146K$347K20xas long as short