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

AXS

all AXS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Binance0.000%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$179as in the Funding arb table
Net, price: spread back to 7d avg − costs−$181as in the Price arb table
costs, in and out, $10k−$1801.802% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.015%+$1 on $10k
Price spread, last 4 days (all we have)−0.042%−$4 · spread now 0.000%, 7d avg +0.005%
Together, before fees−0.027%−$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance AXSUSDT1.07500.0100pay 0.0050% / 4h3h 17m$6.1M$10.4M75x
ShortKuCoin AXSUSDTM1.07500.0100get 0.0050% / 4h3h 17m$602K$283K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. 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: 0.000% → +0.005%
−$0.49
Slippage, 4 orders
−$158.2
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$180.69
Costs to cover
1.802%
Break-even
never at this rate
Slippage from Binance: live order book, 7 min ago; KuCoin: live order book, 56 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 Binance live order book, 7 min ago0.47 bp15.0 bp −$1538.9 bp −$389doesn't fitdoesn't fit
Sell KuCoin live order book, 56 min ago9.28 bp85.3 bp −$85297.0 bp −$2,970doesn'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%1h1.0720−0.279%$5$47K5.5xas long as short
BloFin AXS-USDT+0.0049%4h1.0741−0.084%$275K$26K75xas long as short
Orderly PERP_AXS_USDC+0.0093%4h1.07500.000%$3K10xas long as short
Hyperliquid AXS+0.0100%1h1.0760+0.098%$261K$309K5xas long as short
Aster AXSUSDT+0.0100%4h1.0752+0.019%$73K$14K10xas long as short
Binance AXSUSDTlong+0.0100%4h1.0750long leg$6.1M$10.4M75x
Bybit AXSUSDT+0.0100%8h1.0751+0.009%$3.7M$4.2M75xas long as short
OKX AXS-USDT-SWAP+0.0100%4h1.0749−0.009%$1.4M$2.9M20xas long as short
Gate AXS_USDT+0.0100%8h1.0752+0.019%$854K$898K50xas long as short
MEXC AXS_USDT+0.0100%4h1.0747−0.028%$11.5M$698K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin AXSUSDTMshort+0.0100%4h1.07500.000%$602K$283K50x
Bitget AXSUSDT+0.0100%4h1.07500.000%$3.1M$1.2M50xas long as short
BingX AXS-USDT+0.0100%4h1.0746−0.037%$2.6Mas long as short
Variational Omni AXS+0.0100%8h1.0763+0.117%$37K$953as long as short
GRVT AXS_USDT_Perp+0.0100%4h1.07500.000%$769K$883K10xas long as short
SunX AXS-USDT+0.0100%4h1.0738−0.112%$1K$1.3M20xas long as short
SoDEX AXS-USD+0.0100%1h1.0744−0.056%$750$3K5xas long as short
Extended AXS-USD+0.0104%1h1.0744−0.054%$8K$238K10xas long as short
Lighter AXS+0.0144%1h1.0779+0.270%$37K$39K5xas long as short
Kraken Futures PF_AXSUSD+0.0212%1h1.0747−0.027%$141K$344K20xas long as short