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

AXS

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0056%/8h= +6.1% APRpaid last 24h −0.007%
Price spread now: SoDEX against BloFin−0.131%56s7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. SoDEX is 0.131% cheaper against BloFin than usual: you would sell low and buy high (spread −0.131% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 7.8 days of funding at the current rate (+$2 a day). The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin AXS-USDT1.06480.0044pay 0.0022% / 4h36m 08s$274K$24K75x
ShortSoDEX AXS-USD1.06340.0100get 0.0013% / 1h36m 08s$744$3K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against BloFin. 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
$11.74
Price spread: −0.131% → 0.000%
−$13.15
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$21.41
Costs to cover
0.200%
Break-even
19.8 days
Slippage unknown: BloFin: live order book, 56 min ago; SoDEX: 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 BloFin live order book, 56 min ago2.32 bp11.1 bp −$1125.4 bp −$254doesn't fitdoesn't fit
Sell SoDEX no order-book sample
SoDEX: 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 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+0.676%$5$47K5.5xas long as short
BloFin AXS-USDTlong+0.0044%4h1.0648long leg$274K$24K75x
Orderly PERP_AXS_USDC+0.0093%4h1.0630−0.169%$3K10xas long as short
Lighter AXS+0.0096%1h1.0667+0.178%$32K$41K5xas long as short
Hyperliquid AXS+0.0100%1h1.06480.000%$256K$309K5xas long as short
Aster AXSUSDT+0.0100%4h1.0637−0.103%$72K$14K10xas long as short
Binance AXSUSDT+0.0100%4h1.0633−0.143%$6.0M$10.2M75xas long as short
Bybit AXSUSDT+0.0100%8h1.0639−0.085%$3.7M$4.2M75xas long as short
OKX AXS-USDT-SWAP+0.0100%4h1.0636−0.113%$1.4M$2.9M20xas long as short
Gate AXS_USDT+0.0100%8h1.0634−0.131%$847K$899K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC AXS_USDT+0.0100%4h1.0634−0.131%$11.3M$669K50xas long as short
KuCoin AXSUSDTM+0.0100%4h1.0640−0.075%$597K$300K50xas long as short
Bitget AXSUSDT+0.0100%4h1.0630−0.169%$3.1M$1.2M50xas long as short
BingX AXS-USDT+0.0100%4h1.0635−0.122%$2.6Mas long as short
Variational Omni AXS+0.0100%8h1.0635−0.121%$36K$2Kas long as short
GRVT AXS_USDT_Perp+0.0100%4h1.0666+0.164%$759K$887K10xas long as short
SunX AXS-USDT+0.0100%4h1.0634−0.131%$2K$1.3M20xas long as short
SoDEX AXS-USDshort+0.0100%1h1.0634−0.131%$744$3K5x
Extended AXS-USD+0.0104%1h1.0629−0.175%$7K$239K10xas long as short
Kraken Futures PF_AXSUSD+0.0441%1h1.0644−0.033%$138K$348K20xas long as short