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

AXS

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against OKX+0.005%7-day average −0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$780.776% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.148%+$15 on $10k
Price spread, last 4 days (all we have)+0.002%$0 · spread now +0.005%, 7d avg −0.027%
Together, before fees+0.150%+ Points / potential airdropExtended: Active · farm board+$15 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: Extended is 0.032% dearer against OKX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.027%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX AXS-USDT-SWAP1.07930.0100pay 0.0050% / 4h3h 11m$1.4M$2.9M20x
ShortExtended AXS-USD1.07930.0104get 0.0013% / 1h11m 30s$7K$241K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against OKX. 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: +0.005% → −0.027%
$3.15
Slippage, 4 orders
−$62.58
Fee OKX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$73.58
Costs to cover
0.776%
Break-even
620.2 days
Slippage from OKX: live order book, 6 min ago; Extended: live order book, 59 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 OKX live order book, 6 min ago0.46 bp16.7 bp −$17doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 59 min ago1.21 bp19.0 bp −$19143.2 bp −$1,432doesn'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
Kraken Futures PF_AXSUSD−0.0260%1h1.0810+0.156%$147K$331K20xas long as short
Injective AXS/USDC PERP+0.0033%1h1.0720−0.676%$5$47K5.5xas long as short
BloFin AXS-USDT+0.0063%4h1.0813+0.185%$280K$14K75xas long as short
Orderly PERP_AXS_USDC+0.0081%4h1.0790−0.028%$3K10xas long as short
Lighter AXS+0.0096%1h1.0816+0.213%$29K$36K5xas long as short
Hyperliquid AXS+0.0100%1h1.0799+0.056%$266K$309K5xas long as short
Aster AXSUSDT+0.0100%4h1.0796+0.028%$74K$12K10xas long as short
Binance AXSUSDT+0.0100%4h1.0796+0.023%$6.1M$9.8M75xas long as short
Bybit AXSUSDT+0.0100%8h1.0804+0.102%$3.7M$4.1M75xas long as short
OKX AXS-USDT-SWAPlong+0.0100%4h1.0793long leg$1.4M$2.9M20x
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate AXS_USDT+0.0100%8h1.0786−0.065%$863K$1.1M50xas long as short
MEXC AXS_USDT+0.0100%4h1.0790−0.028%$11.5M$745K50xas long as short
KuCoin AXSUSDTM+0.0100%4h1.0790−0.028%$609K$312K50xas long as short
Bitget AXSUSDT+0.0100%4h1.0800+0.065%$3.2M$1.2M50xas long as short
BingX AXS-USDT+0.0100%4h1.0788−0.046%$2.6Mas long as short
Variational Omni AXS+0.0100%8h1.0825+0.295%$37K$4Kas long as short
GRVT AXS_USDT_Perp+0.0100%4h1.0808+0.140%$771K$902K10xas long as short
SunX AXS-USDT+0.0100%4h1.0795+0.019%$1K$1.3M20xas long as short
SoDEX AXS-USD+0.0100%1h1.0790−0.028%$717$3K5xas long as short
Extended AXS-USDshort+0.0104%1h1.0793+0.005%$7K$241K10x