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

AXS

all AXS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0009%/8h= −1.0% APRnext payment $0.04 per $10,000 · paid last 24h −0.013%
Price spread now: Orderly against SunX−0.019%7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX AXS-USDT1.06720.0100pay 0.0050% / 4h1h 58m$2K$1.2M20x
ShortOrderly PERP_AXS_USDC1.06700.0091get 0.0046% / 4h1h 58m$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
−$1.84
Price spread: −0.019% → 0.000%
−$1.87
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$17.72
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 8 min ago; Orderly: no order-book sample. 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, 8 min ago500.52 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

AXS on 20 exchanges

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%1h1.0580−0.862%$1K$48K5.5xas long as short
Orderly PERP_AXS_USDCshort+0.0091%4h1.0670−0.019%$3K10x
Lighter AXS+0.0096%1h1.0688+0.150%$36K$42K5xas long as short
Hyperliquid AXS+0.0100%1h1.0665−0.066%$253K$684K5xas long as short
Aster AXSUSDT+0.0100%4h1.0671−0.009%$72K$16K10xas long as short
Binance AXSUSDT+0.0100%4h1.0670−0.019%$6.0M$9.7M75xas long as short
Bybit AXSUSDT+0.0100%8h1.0673+0.009%$3.7M$4.1M75xas long as short
OKX AXS-USDT-SWAP+0.0100%4h1.0671−0.009%$1.5M$2.8M20xas long as short
Gate AXS_USDT+0.0100%8h1.0676+0.037%$840K$296K50xas long as short
MEXC AXS_USDT+0.0100%4h1.0648−0.225%$11.5M$618K50xas long as short
Show all 20 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin AXSUSDTM+0.0100%4h1.0680+0.075%$589K$238K50xas long as short
Bitget AXSUSDT+0.0100%4h1.0670−0.019%$3.1M$1.1M50xas long as short
BingX AXS-USDT+0.0100%4h1.0674+0.019%$2.6Mas long as short
Variational Omni AXS+0.0100%8h1.0679+0.070%$38K$2Kas long as short
GRVT AXS_USDT_Perp+0.0100%4h1.0673+0.008%$759K$821K10xas long as short
SunX AXS-USDTlong+0.0100%4h1.0672long leg$2K$1.2M20x
SoDEX AXS-USD+0.0100%1h1.0667−0.047%$408$3K5xas long as short
Extended AXS-USD+0.0104%1h1.0659−0.125%$8K$253K10xas long as short
BloFin AXS-USDT+0.0139%4h1.06720.000%$287K$29K75xas long as short
Kraken Futures PF_AXSUSD+0.0193%1h1.0678+0.057%$146K$316K20xas long as short