Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%
Price spread now: KuCoin against BingX+0.120%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$198as in the Funding arb table
Net, price: spread back to 7d avg − costs−$182as in the Price arb table
costs, in and out, $10k−$1941.943% of the position
Funding, last 7 days−0.035%−$4 on $10k
+Price spread, last 4 days (all we have)−0.143%−$14 · spread now +0.120%, 7d avg −0.003%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.124% dearer against BingX than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX AXS-USDT | 1.0817 | 0.0100 | pay 0.0050% / 4h | 41m 09s | — | $2.6M | — |
| Short | KuCoin AXSUSDTM | 1.0830 | 0.0100 | get 0.0050% / 4h | 41m 09s | $614K | $307K | 50x |
BingX AXS-USDT
KuCoin AXSUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.120% → −0.003%
- $12.36
- Slippage, 4 orders
- −$172.35
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$181.99
- Costs to cover
- 1.943%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; KuCoin: live order book, 22 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 9 min ago | 4.60 bp | 17.5 bp −$17 | 40.8 bp −$408 | 349.3 bp −$34.9K | 478.7 bp −$239.3K |
| Sell KuCoin live order book, 22 min ago | 9.30 bp | 61.1 bp −$61 | 261.1 bp −$2,611 | doesn't fit | doesn't fit |
AXS on 20 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_AXSUSD | −0.0238% | 1h | 1.0825 | +0.075% | $141K | $311K | 20x | as long as short |
| Injective AXS/USDC PERP | +0.0033% | 1h | 1.0720 | −0.897% | $5 | $47K | 5.5x | as long as short |
| BloFin AXS-USDT | +0.0053% | 4h | 1.0809 | −0.074% | $277K | $17K | 75x | as long as short |
| Orderly PERP_AXS_USDC | +0.0078% | 4h | 1.0820 | +0.028% | $3K | — | 10x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0833 | +0.148% | $29K | $36K | 5x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0817 | 0.000% | $265K | $298K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0813 | −0.037% | $75K | $11K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0812 | −0.046% | $6.1M | $9.6M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0827 | +0.092% | $3.7M | $4.0M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0808 | −0.083% | $1.4M | $2.9M | 20x | as long as short |
Kraken Futures PF_AXSUSD
Injective AXS/USDC PERP
BloFin AXS-USDT
Orderly PERP_AXS_USDC
Lighter AXS
Hyperliquid AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDT
OKX AXS-USDT-SWAPShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate AXS_USDT | +0.0100% | 8h | 1.0819 | +0.018% | $974K | $1.0M | 50x | as long as short |
| MEXC AXS_USDT | +0.0100% | 4h | 1.0809 | −0.074% | $11.5M | $745K | 50x | as long as short |
| KuCoin AXSUSDTMshort | +0.0100% | 4h | 1.0830 | +0.120% | $614K | $307K | 50x | |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0820 | +0.028% | $3.2M | $1.2M | 50x | as long as short |
| BingX AXS-USDTlong | +0.0100% | 4h | 1.0817 | long leg | — | $2.6M | — | |
| Variational Omni AXS | +0.0100% | 8h | 1.0848 | +0.288% | $37K | $4K | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0829 | +0.109% | $769K | $890K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0820 | +0.028% | $2K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0814 | −0.028% | $709 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0811 | −0.057% | $7K | $156K | 10x | as long as short |
Gate AXS_USDT
MEXC AXS_USDT
Bitget AXSUSDT
Variational Omni AXS
GRVT AXS_USDT_Perp
SunX AXS-USDT
SoDEX AXS-USD
Extended AXS-USD