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

AXS

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.020%
Price spread now: GRVT against SunX−0.597%46s7-day average −0.037% · you buy dearer than you sell
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 7 days−0.026%−$3 on $10k
Price spread, last 3 days (all we have)+0.539%+$54 · spread now −0.597%, 7d avg −0.037%
Together, before fees+0.513%+ Points / potential airdropGRVT: Active · farm board+$51 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: GRVT is 0.560% cheaper against SunX than usual: you would sell low and buy high, −$56 on $10k if it goes back to its 7-day average of −0.037%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX AXS-USDT1.08250.0100pay 0.0050% / 4h57m 28s$2K$1.3M20x
ShortGRVT AXS_USDT_Perp1.07600.0100get 0.0050% / 4h57m 28s$765K$866K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against SunX. 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: −0.597% → −0.037%
−$56.04
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$73.04
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 6 min ago; GRVT: live order book, 20 min ago. 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 SunX live order book, 6 min ago506.19 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell GRVT live order book, 20 min ago4.71 bp11.4 bp −$11143.6 bp −$1,436doesn'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−0.0238%1h1.0827+0.019%$142K$310K20xas long as short
Injective AXS/USDC PERP+0.0033%1h1.0720−0.970%$5$47K5.5xas long as short
Orderly PERP_AXS_USDC+0.0073%4h1.0820−0.046%$3K10xas long as short
Lighter AXS+0.0096%1h1.0845+0.185%$29K$36K5xas long as short
OKX AXS-USDT-SWAP+0.0097%4h1.0813−0.111%$1.4M$2.9M20xas long as short
Hyperliquid AXS+0.0100%1h1.0826+0.012%$266K$297K5xas long as short
Aster AXSUSDT+0.0100%4h1.0824−0.010%$75K$11K10xas long as short
Binance AXSUSDT+0.0100%4h1.0821−0.035%$6.1M$9.5M75xas long as short
Bybit AXSUSDT+0.0100%8h1.0828+0.028%$3.7M$3.9M75xas long as short
Gate AXS_USDT+0.0100%8h1.0826+0.009%$975K$1.0M50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC AXS_USDT+0.0100%4h1.0819−0.055%$11.5M$741K50xas long as short
KuCoin AXSUSDTM+0.0100%4h1.0820−0.046%$614K$306K50xas long as short
Bitget AXSUSDT+0.0100%4h1.0820−0.046%$3.1M$1.2M50xas long as short
BingX AXS-USDT+0.0100%4h1.0823−0.018%$2.6Mas long as short
Variational Omni AXS+0.0100%8h1.0769−0.517%$37K$4Kas long as short
GRVT AXS_USDT_Perpshort+0.0100%4h1.0760−0.597%$765K$866K10x
SunX AXS-USDTlong+0.0100%4h1.0825long leg$2K$1.3M20x
SoDEX AXS-USD+0.0100%1h1.0818−0.065%$700$3K5xas long as short
BloFin AXS-USDT+0.0102%4h1.0779−0.425%$276K$17K75xas long as short
Extended AXS-USD+0.0104%1h1.0818−0.063%$7K$156K10xas long as short