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

AXS

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.026%−$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: 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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC AXS_USDT1.05920.0100pay 0.0050% / 4h3h 31m$11.5M$714K50x
ShortKuCoin AXSUSDTM1.05900.0100get 0.0050% / 4h3h 31m$584K$277K50x

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 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: −0.019% → +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
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 1 min ago1.41 bp4.7 bp −$517.8 bp −$17858.5 bp −$5,854108.5 bp −$54.3K
Sell KuCoin live order book, 62 min ago4.69 bp125.4 bp −$125307.8 bp −$3,078doesn'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%1h1.0580−0.113%$1K$48K5.5xas long as short
BloFin AXS-USDT+0.0055%4h1.0597+0.047%$279K$29K75xas long as short
Orderly PERP_AXS_USDC+0.0094%4h1.0600+0.076%$3K10xas long as short
Lighter AXS+0.0096%1h1.0616+0.227%$36K$42K5xas long as short
Hyperliquid AXS+0.0100%1h1.0596+0.038%$254K$706K5xas long as short
Aster AXSUSDT+0.0100%4h1.0597+0.046%$72K$17K10xas long as short
Binance AXSUSDT+0.0100%4h1.05920.000%$5.9M$10.8M75xas long as short
Bybit AXSUSDT+0.0100%8h1.0596+0.038%$3.6M$4.3M75xas long as short
OKX AXS-USDT-SWAP+0.0100%4h1.0594+0.019%$1.4M$3.0M20xas long as short
Gate AXS_USDT+0.0100%8h1.0600+0.076%$838K$524K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC AXS_USDTlong+0.0100%4h1.0592long leg$11.5M$714K50x
KuCoin AXSUSDTMshort+0.0100%4h1.0590−0.019%$584K$277K50x
Bitget AXSUSDT+0.0100%4h1.0600+0.076%$3.1M$1.2M50xas long as short
BingX AXS-USDT+0.0100%4h1.0596+0.038%$2.6Mas long as short
Variational Omni AXS+0.0100%8h1.0638+0.432%$36K$953as long as short
GRVT AXS_USDT_Perp+0.0100%4h1.0630+0.357%$761K$852K10xas long as short
SunX AXS-USDT+0.0100%4h1.0596+0.038%$1K$1.4M20xas long as short
SoDEX AXS-USD+0.0100%1h1.0598+0.057%$769$3K5xas long as short
Extended AXS-USD+0.0104%1h1.0589−0.027%$9K$250K10xas long as short
Kraken Futures PF_AXSUSD+0.0468%1h1.0616+0.224%$145K$339K20xas long as short