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

AXS

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: KuCoin against Bybit−0.019%7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$230as in the Funding arb table
Net, price: spread back to 7d avg − costs−$234as in the Price arb table
costs, in and out, $10k−$2352.346% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.044%+$4 on $10k
Price spread, last 4 days (all we have)+0.039%+$4 · spread now −0.019%, 7d avg −0.028%
Together, before fees+0.083%+$8 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit AXSUSDT1.06820.0100pay 0.0100% / 8h5h 02m$3.7M$4.2M75x
ShortKuCoin AXSUSDTM1.06800.0100get 0.0050% / 4h1h 02m$599K$300K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.019% → −0.028%
$0.97
Slippage, 4 orders
−$211.56
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$233.59
Costs to cover
2.346%
Break-even
never at this rate
Slippage from Bybit: live order book, just now; KuCoin: live order book, 21 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, just now3.28 bp24.2 bp −$24118.4 bp −$1,184doesn't fitdoesn't fit
Sell KuCoin live order book, 21 min ago4.64 bp80.6 bp −$81304.4 bp −$3,044doesn'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+0.356%$5$47K5.5xas long as short
Orderly PERP_AXS_USDC+0.0092%4h1.0680−0.019%$3K10xas long as short
Lighter AXS+0.0096%1h1.0699+0.159%$32K$41K5xas long as short
Hyperliquid AXS+0.0100%1h1.0674−0.075%$257K$309K5xas long as short
Aster AXSUSDT+0.0100%4h1.0672−0.098%$73K$14K10xas long as short
Binance AXSUSDT+0.0100%4h1.0673−0.084%$6.1M$10.1M75xas long as short
Bybit AXSUSDTlong+0.0100%8h1.0682long leg$3.7M$4.2M75x
OKX AXS-USDT-SWAP+0.0100%4h1.0673−0.084%$1.4M$2.9M20xas long as short
Gate AXS_USDT+0.0100%8h1.0669−0.122%$850K$955K50xas long as short
MEXC AXS_USDT+0.0100%4h1.0673−0.084%$11.4M$715K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin AXSUSDTMshort+0.0100%4h1.0680−0.019%$599K$300K50x
Bitget AXSUSDT+0.0100%4h1.0680−0.019%$3.1M$1.2M50xas long as short
BingX AXS-USDT+0.0100%4h1.0677−0.047%$2.6Mas long as short
Variational Omni AXS+0.0100%8h1.0694+0.116%$36K$3Kas long as short
GRVT AXS_USDT_Perp+0.0100%4h1.0685+0.027%$759K$884K10xas long as short
SunX AXS-USDT+0.0100%4h1.0663−0.178%$2K$1.3M20xas long as short
SoDEX AXS-USD+0.0100%1h1.06820.000%$740$3K5xas long as short
Extended AXS-USD+0.0104%1h1.0672−0.094%$7K$244K10xas long as short
BloFin AXS-USDT+0.0142%4h1.0671−0.103%$278K$23K75xas long as short
Kraken Futures PF_AXSUSD+0.0362%1h1.0693+0.106%$138K$347K20xas long as short