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

AXS

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: GRVT against KuCoin−0.093%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$213as in the Funding arb table
Net, price: spread back to 7d avg − costs−$221as in the Price arb table
costs, in and out, $10k−$2132.128% 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)+0.557%+$56 · spread now −0.093%, 7d avg −0.014%
Together, before fees+0.551%+ Points / potential airdropGRVT: Active · farm board+$55 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: GRVT is 0.079% cheaper against KuCoin than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.014%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin AXSUSDTM1.07400.0100pay 0.0050% / 4h1h 33m$602K$301K50x
ShortGRVT AXS_USDT_Perp1.07300.0100get 0.0050% / 4h1h 33m$770K$885K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
Price spread: −0.093% → −0.014%
−$7.93
Slippage, 4 orders
−$191.79
Fee KuCoin: 6 bp × 2 orders
−$12
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$220.72
Costs to cover
2.128%
Break-even
never at this rate
Slippage from KuCoin: live order book, 65 min ago; GRVT: live order book, 30 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, 65 min ago4.69 bp74.1 bp −$74420.2 bp −$4,202doesn't fitdoesn't fit
Sell GRVT live order book, 30 min ago9.35 bp16.0 bp −$16109.2 bp −$1,092doesn'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%1h1.0720−0.186%$5$47K5.5xas long as short
Orderly PERP_AXS_USDC+0.0089%4h1.07400.000%$3K10xas long as short
Lighter AXS+0.0096%1h1.0757+0.158%$33K$41K5xas long as short
Hyperliquid AXS+0.0100%1h1.0746+0.056%$259K$312K5xas long as short
Aster AXSUSDT+0.0100%4h1.0726−0.134%$73K$14K10xas long as short
Binance AXSUSDT+0.0100%4h1.0743+0.028%$6.1M$10.0M75xas long as short
Bybit AXSUSDT+0.0100%8h1.0750+0.093%$3.8M$4.2M75xas long as short
OKX AXS-USDT-SWAP+0.0100%4h1.0741+0.009%$1.4M$2.9M20xas long as short
Gate AXS_USDT+0.0100%8h1.0728−0.112%$855K$953K50xas long as short
MEXC AXS_USDT+0.0100%4h1.0742+0.019%$11.4M$706K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin AXSUSDTMlong+0.0100%4h1.0740long leg$602K$301K50x
Bitget AXSUSDT+0.0100%4h1.07400.000%$3.2M$1.2M50xas long as short
BingX AXS-USDT+0.0100%4h1.0744+0.037%$2.6Mas long as short
Variational Omni AXS+0.0100%8h1.0737−0.029%$36K$3Kas long as short
GRVT AXS_USDT_Perpshort+0.0100%4h1.0730−0.093%$770K$885K10x
SunX AXS-USDT+0.0100%4h1.0721−0.177%$2K$1.3M20xas long as short
SoDEX AXS-USD+0.0100%1h1.0723−0.158%$739$3K5xas long as short
Extended AXS-USD+0.0104%1h1.0729−0.102%$7K$245K10xas long as short
BloFin AXS-USDT+0.0109%4h1.0741+0.009%$277K$23K75xas long as short
Kraken Futures PF_AXSUSD+0.0360%1h1.0743+0.032%$145K$336K20xas long as short