Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against MEXC−0.019%7-day average +0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$204as in the Funding arb table
Net, price: spread back to 7d avg − costs−$209as in the Price arb table
costs, in and out, $10k−$2062.056% of the position
Funding, last 7 days+0.015%+$2 on $10k
+Price spread, last 4 days (all we have)−0.041%−$4 · spread now −0.019%, 7d avg +0.019%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.038% cheaper against MEXC than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.019%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC AXS_USDT | 1.0592 | 0.0100 | pay 0.0050% / 4h | 3h 31m | $11.5M | $714K | 50x |
| Short | KuCoin AXSUSDTM | 1.0590 | 0.0100 | get 0.0050% / 4h | 3h 31m | $584K | $277K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against MEXC. 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: −0.019% → +0.019%
- −$3.81
- Slippage, 4 orders
- −$189.62
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$209.43
- Costs to cover
- 2.056%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; KuCoin: live order book, 62 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 MEXC live order book, 1 min ago | 1.41 bp | 4.7 bp −$5 | 17.8 bp −$178 | 58.5 bp −$5,854 | 108.5 bp −$54.3K |
| Sell KuCoin live order book, 62 min ago | 4.69 bp | 125.4 bp −$125 | 307.8 bp −$3,078 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective AXS/USDC PERP | +0.0033% | 1h | 1.0580 | −0.113% | $1K | $48K | 5.5x | as long as short |
| BloFin AXS-USDT | +0.0055% | 4h | 1.0597 | +0.047% | $279K | $29K | 75x | as long as short |
| Orderly PERP_AXS_USDC | +0.0094% | 4h | 1.0600 | +0.076% | $3K | — | 10x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0616 | +0.227% | $36K | $42K | 5x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0596 | +0.038% | $254K | $706K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0597 | +0.046% | $72K | $17K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0592 | 0.000% | $5.9M | $10.8M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0596 | +0.038% | $3.6M | $4.3M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0594 | +0.019% | $1.4M | $3.0M | 20x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0600 | +0.076% | $838K | $524K | 50x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC AXS_USDTlong | +0.0100% | 4h | 1.0592 | long leg | $11.5M | $714K | 50x | |
| KuCoin AXSUSDTMshort | +0.0100% | 4h | 1.0590 | −0.019% | $584K | $277K | 50x | |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0600 | +0.076% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0596 | +0.038% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0638 | +0.432% | $36K | $953 | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0630 | +0.357% | $761K | $852K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0596 | +0.038% | $1K | $1.4M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0598 | +0.057% | $769 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0589 | −0.027% | $9K | $250K | 10x | as long as short |
| Kraken Futures PF_AXSUSD | +0.0468% | 1h | 1.0616 | +0.224% | $145K | $339K | 20x | as long as short |
MEXC AXS_USDT
KuCoin AXSUSDTM
Injective AXS/USDC PERP
BloFin AXS-USDT
Lighter AXS
Hyperliquid AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDT
OKX AXS-USDT-SWAP
Gate AXS_USDT
Bitget AXSUSDT
BingX AXS-USDT
Variational Omni AXS
GRVT AXS_USDT_Perp
SunX AXS-USDT
SoDEX AXS-USD
Extended AXS-USD
Kraken Futures PF_AXSUSD