Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Binance against Extended−0.011%7-day average +0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$750.753% of the position
Funding, last 7 days−0.005%−$1 on $10k
+Price spread, last 4 days (all we have)+0.071%+$7 · spread now −0.011%, 7d avg +0.037%
=Together, before fees+0.065%+ Points / potential airdropExtended: Active · farm board+$7 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: Binance is 0.048% cheaper against Extended than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.037%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended AXS-USD | 1.0735 | 0.0104 | pay 0.0013% / 1h | 22m 37s | $8K | $238K | 10x |
| Short | Binance AXSUSDT | 1.0734 | 0.0100 | get 0.0050% / 4h | 3h 22m | $6.1M | $10.4M | 75x |
Extended AXS-USD
Binance AXSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Extended. 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: −0.011% → +0.037%
- −$4.83
- Slippage, 4 orders
- −$60.32
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$81
- Costs to cover
- 0.753%
- Break-even
- never at this rate
Slippage from Extended: live order book, 29 min ago; Binance: live order book, 2 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 Extended live order book, 29 min ago | 2.18 bp | 24.2 bp −$24 | 199.5 bp −$1,995 | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 0.47 bp | 16.2 bp −$16 | 46.0 bp −$460 | 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 | −0.142% | $5 | $47K | 5.5x | as long as short |
| BloFin AXS-USDT | +0.0084% | 4h | 1.0746 | +0.100% | $275K | $26K | 75x | as long as short |
| Orderly PERP_AXS_USDC | +0.0093% | 4h | 1.0750 | +0.138% | $3K | — | 10x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0742 | +0.063% | $261K | $309K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0748 | +0.115% | $73K | $14K | 10x | as long as short |
| Binance AXSUSDTshort | +0.0100% | 4h | 1.0734 | −0.011% | $6.1M | $10.4M | 75x | |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0747 | +0.110% | $3.7M | $4.2M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0734 | −0.011% | $1.4M | $2.9M | 20x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0745 | +0.091% | $854K | $898K | 50x | as long as short |
| MEXC AXS_USDT | +0.0100% | 4h | 1.0739 | +0.035% | $11.5M | $696K | 50x | as long as short |
Injective AXS/USDC PERP
BloFin AXS-USDT
Orderly PERP_AXS_USDC
Hyperliquid AXS
Aster AXSUSDT
Bybit 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 | +0.138% | $602K | $283K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0750 | +0.138% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0738 | +0.026% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0756 | +0.189% | $37K | $953 | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0748 | +0.118% | $768K | $883K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0739 | +0.035% | $1K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0746 | +0.100% | $742 | $3K | 5x | as long as short |
| Extended AXS-USDlong | +0.0104% | 1h | 1.0735 | long leg | $8K | $238K | 10x | |
| Lighter AXS | +0.0136% | 1h | 1.0762 | +0.249% | $37K | $39K | 5x | as long as short |
| Kraken Futures PF_AXSUSD | +0.0212% | 1h | 1.0749 | +0.131% | $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