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

AXS

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against MEXC−0.018%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$550.553% 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)−0.008%−$1 · spread now −0.018%, 7d avg −0.022%
Together, before fees−0.003%+ Points / potential airdropExtended: Active · farm board$0 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC AXS_USDT1.07490.0100pay 0.0050% / 4h2h 25m$11.4M$727K50x
ShortExtended AXS-USD1.07470.0104get 0.0013% / 1h25m 57s$9K$240K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against MEXC. 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: −0.018% → −0.022%
$0.47
Slippage, 4 orders
−$46.31
Fee MEXC: 2 bp × 2 orders
−$4
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$54
Costs to cover
0.553%
Break-even
457.0 days
Slippage from MEXC: live order book, 2 min ago; Extended: live order book, 41 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 MEXC live order book, 2 min ago0.47 bp5.0 bp −$524.7 bp −$24758.0 bp −$5,80297.9 bp −$49.0K
Sell Extended live order book, 41 min ago2.68 bp25.7 bp −$26170.5 bp −$1,705doesn't fitdoesn't fit

AXS on 19 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%1h1.0720−0.270%$5$47K5.5xas long as short
Orderly PERP_AXS_USDC+0.0079%4h1.0750+0.009%$3K10xas long as short
Lighter AXS+0.0096%1h1.0777+0.260%$33K$41K5xas long as short
Hyperliquid AXS+0.0100%1h1.0753+0.037%$260K$314K5xas long as short
Aster AXSUSDT+0.0100%4h1.0753+0.034%$74K$14K10xas long as short
Binance AXSUSDT+0.0100%4h1.0750+0.009%$6.0M$10.0M75xas long as short
Bybit AXSUSDT+0.0100%8h1.0754+0.047%$3.8M$4.3M75xas long as short
OKX AXS-USDT-SWAP+0.0100%4h1.0748−0.009%$1.4M$2.9M20xas long as short
Gate AXS_USDT+0.0100%8h1.0745−0.037%$856K$994K50xas long as short
MEXC AXS_USDTlong+0.0100%4h1.0749long leg$11.4M$727K50x
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin AXSUSDTM+0.0100%4h1.0750+0.009%$603K$304K50xas long as short
Bitget AXSUSDT+0.0100%4h1.0750+0.009%$3.2M$1.2M50xas long as short
BingX AXS-USDT+0.0100%4h1.0753+0.037%$2.6Mas long as short
Variational Omni AXS+0.0100%8h1.0755+0.058%$37K$4Kas long as short
GRVT AXS_USDT_Perp+0.0100%4h1.0720−0.270%$763K$912K10xas long as short
SunX AXS-USDT+0.0100%4h1.07490.000%$2K$1.3M20xas long as short
SoDEX AXS-USD+0.0100%1h1.0750+0.009%$715$3K5xas long as short
Extended AXS-USDshort+0.0104%1h1.0747−0.018%$9K$240K10x
Kraken Futures PF_AXSUSD+0.0356%1h1.0765+0.150%$146K$332K20xas long as short