Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Bybit−0.046%7-day average −0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$890.891% of the position
Funding, last 7 days+0.035%+$3 on $10k
+Price spread, last 4 days (all we have)−0.001%$0 · spread now −0.046%, 7d avg −0.072%
=Together, before fees+0.034%+ Points / potential airdropExtended: Active · farm board+$3 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: Extended is 0.026% dearer against Bybit than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.072%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit AXSUSDT | 1.0750 | 0.0100 | pay 0.0100% / 8h | 3h 21m | $3.7M | $4.2M | 75x |
| Short | Extended AXS-USD | 1.0745 | 0.0104 | get 0.0013% / 1h | 21m 44s | $8K | $238K | 10x |
Bybit AXSUSDT
Extended AXS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Bybit. 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
- $0.84
- Price spread: −0.046% → −0.072%
- $2.57
- Slippage, 4 orders
- −$73.14
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$85.73
- Costs to cover
- 0.891%
- Break-even
- 721.4 days
Slippage from Bybit: live order book, 1 min ago; Extended: live order book, 30 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 Bybit live order book, 1 min ago | 2.79 bp | 24.9 bp −$25 | 131.7 bp −$1,317 | doesn't fit | doesn't fit |
| Sell Extended live order book, 30 min ago | 2.18 bp | 20.0 bp −$20 | 160.1 bp −$1,601 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective AXS/USDC PERP | +0.0033% | 1h | 1.0720 | −0.279% | $5 | $47K | 5.5x | as long as short |
| BloFin AXS-USDT | +0.0084% | 4h | 1.0746 | −0.037% | $275K | $26K | 75x | as long as short |
| Orderly PERP_AXS_USDC | +0.0093% | 4h | 1.0740 | −0.093% | $3K | — | 10x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0753 | +0.028% | $261K | $309K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0750 | −0.004% | $73K | $14K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0748 | −0.017% | $6.1M | $10.4M | 75x | as long as short |
| Bybit AXSUSDTlong | +0.0100% | 8h | 1.0750 | long leg | $3.7M | $4.2M | 75x | |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0756 | +0.056% | $1.4M | $2.9M | 20x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0749 | −0.009% | $854K | $898K | 50x | as long as short |
| MEXC AXS_USDT | +0.0100% | 4h | 1.0748 | −0.019% | $11.5M | $697K | 50x | as long as short |
Injective AXS/USDC PERP
BloFin AXS-USDT
Orderly PERP_AXS_USDC
Hyperliquid AXS
Aster AXSUSDT
Binance AXSUSDT
OKX AXS-USDT-SWAP
Gate AXS_USDT
MEXC AXS_USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0750 | 0.000% | $602K | $283K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0750 | 0.000% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0748 | −0.019% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0756 | +0.051% | $37K | $953 | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0748 | −0.020% | $768K | $883K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0729 | −0.195% | $1K | $1.4M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0736 | −0.130% | $746 | $3K | 5x | as long as short |
| Extended AXS-USDshort | +0.0104% | 1h | 1.0745 | −0.046% | $8K | $238K | 10x | |
| Lighter AXS | +0.0128% | 1h | 1.0776 | +0.242% | $37K | $39K | 5x | as long as short |
| Kraken Futures PF_AXSUSD | +0.0212% | 1h | 1.0741 | −0.087% | $141K | $344K | 20x | as long as short |
KuCoin AXSUSDTM
Bitget AXSUSDT
BingX AXS-USDT
Variational Omni AXS
GRVT AXS_USDT_Perp
SunX AXS-USDT
SoDEX AXS-USD
Lighter AXS
Kraken Futures PF_AXSUSD