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

AXS

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0007%/8h= −0.7% APRnext payment $0.03 per $10,000 · paid last 24h −0.018%
Price spread now: Orderly against KuCoin+0.094%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.094% dearer against KuCoin than usual: you sell high and buy low, +$9 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin AXSUSDTM1.06600.0100pay 0.0050% / 4h41m 00s$598K$300K50x
ShortOrderly PERP_AXS_USDC1.06700.0093get 0.0047% / 4h41m 00s$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
−$1.42
Price spread: +0.094% → 0.000%
$9.38
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$10.04
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 42 min ago; Orderly: no order-book sample. Net counts fees only.

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, 42 min ago4.64 bp102.8 bp −$103459.9 bp −$4,599doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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+0.563%$5$47K5.5xas long as short
BloFin AXS-USDT+0.0080%4h1.0661+0.009%$275K$24K75xas long as short
Orderly PERP_AXS_USDCshort+0.0093%4h1.0670+0.094%$3K10x
Lighter AXS+0.0096%1h1.0701+0.385%$32K$41K5xas long as short
Hyperliquid AXS+0.0100%1h1.0687+0.253%$257K$312K5xas long as short
Aster AXSUSDT+0.0100%4h1.0662+0.016%$72K$14K10xas long as short
Binance AXSUSDT+0.0100%4h1.0683+0.216%$6.1M$10.2M75xas long as short
Bybit AXSUSDT+0.0100%8h1.0687+0.253%$3.7M$4.2M75xas long as short
OKX AXS-USDT-SWAP+0.0100%4h1.0687+0.253%$1.4M$2.9M20xas long as short
Gate AXS_USDT+0.0100%8h1.0663+0.028%$849K$898K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC AXS_USDT+0.0100%4h1.0673+0.122%$11.4M$668K50xas long as short
KuCoin AXSUSDTMlong+0.0100%4h1.0660long leg$598K$300K50x
Bitget AXSUSDT+0.0100%4h1.0680+0.188%$3.1M$1.2M50xas long as short
BingX AXS-USDT+0.0100%4h1.0667+0.066%$2.6Mas long as short
Variational Omni AXS+0.0100%8h1.0669+0.085%$36K$2Kas long as short
GRVT AXS_USDT_Perp+0.0100%4h1.0652−0.078%$759K$887K10xas long as short
SunX AXS-USDT+0.0100%4h1.0665+0.047%$2K$1.3M20xas long as short
SoDEX AXS-USD+0.0100%1h1.0672+0.113%$746$3K5xas long as short
Extended AXS-USD+0.0104%1h1.0680+0.187%$7K$243K10xas long as short
Kraken Futures PF_AXSUSD+0.0440%1h1.0682+0.206%$139K$348K20xas long as short