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

AXS

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bybit0.000%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$197as in the Funding arb table
Net, price: spread back to 7d avg − costs−$202as in the Price arb table
costs, in and out, $10k−$2012.014% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.047%+$5 on $10k
Price spread, last 4 days (all we have)+0.070%+$7 · spread now 0.000%, 7d avg +0.010%
Together, before fees+0.117%+$12 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit AXSUSDT1.06320.0100pay 0.0100% / 8h1h 15m$3.2M$3.6M75x
ShortGate AXS_USDT1.06320.0100get 0.0100% / 8h1h 15m$956K$1.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Bybit. 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% → +0.010%
−$1
Slippage, 4 orders
−$175.39
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$202.39
Costs to cover
2.014%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; Gate: live order book, 1 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 Bybit live order book, 2 min ago1.41 bp26.2 bp −$2690.2 bp −$902doesn't fitdoesn't fit
Sell Gate live order book, 1 min ago9.40 bp78.4 bp −$78251.6 bp −$2,516doesn'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
Kraken Futures PF_AXSUSD−0.0476%1h1.0643+0.099%$139K$306K20xas long as short
Injective AXS/USDC PERP+0.0033%1h1.0720+0.828%$5$47K5.5xas long as short
Orderly PERP_AXS_USDC+0.0071%4h1.0640+0.075%$3K10xas long as short
OKX AXS-USDT-SWAP+0.0071%4h1.0631−0.009%$1.4M$2.7M20xas long as short
Lighter AXS+0.0096%1h1.0654+0.207%$28K$36K5xas long as short
Hyperliquid AXS+0.0100%1h1.0638+0.056%$262K$297K5xas long as short
Aster AXSUSDT+0.0100%4h1.0633+0.006%$72K$11K10xas long as short
Binance AXSUSDT+0.0100%4h1.0633+0.005%$5.9M$9.2M75xas long as short
Bybit AXSUSDTlong+0.0100%8h1.0632long leg$3.2M$3.6M75x
Gate AXS_USDTshort+0.0100%8h1.06320.000%$956K$1.0M50x
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC AXS_USDT+0.0100%4h1.0629−0.028%$11.1M$729K50xas long as short
KuCoin AXSUSDTM+0.0100%4h1.0640+0.075%$589K$297K50xas long as short
Bitget AXSUSDT+0.0100%4h1.0630−0.019%$3.1M$1.2M50xas long as short
BingX AXS-USDT+0.0100%4h1.0629−0.028%$2.6Mas long as short
Variational Omni AXS+0.0100%8h1.0639+0.063%$36K$4Kas long as short
GRVT AXS_USDT_Perp+0.0100%4h1.0636+0.036%$759K$862K10xas long as short
SunX AXS-USDT+0.0100%4h1.0640+0.075%$1K$1.3M20xas long as short
SoDEX AXS-USD+0.0100%1h1.0631−0.009%$687$3K5xas long as short
Extended AXS-USD+0.0104%1h1.0631−0.013%$7K$156K10xas long as short
BloFin AXS-USDT+0.0159%4h1.0621−0.103%$272K$17K75xas long as short