Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Bybit against Extended+0.093%7-day average +0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$930.932% of the position
Funding, last 7 days−0.033%−$3 on $10k
+Price spread, last 4 days (all we have)−0.119%−$12 · spread now +0.093%, 7d avg +0.071%
=Together, before fees−0.152%+ Points / potential airdropExtended: Active · farm board−$15 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: Bybit is 0.022% dearer against Extended than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.071%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended AXS-USD | 1.0596 | 0.0104 | pay 0.0013% / 1h | 33m 38s | $9K | $250K | 10x |
| Short | Bybit AXSUSDT | 1.0606 | 0.0100 | get 0.0100% / 8h | 7h 33m | $3.7M | $4.3M | 75x |
Extended AXS-USD
Bybit AXSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.093% → +0.071%
- $2.25
- Slippage, 4 orders
- −$77.2
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$91.79
- Costs to cover
- 0.932%
- Break-even
- never at this rate
Slippage from Extended: live order book, 63 min ago; Bybit: live order book, 4 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, 63 min ago | 1.55 bp | 19.9 bp −$20 | 167.9 bp −$1,679 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 1.41 bp | 23.6 bp −$24 | 98.6 bp −$986 | 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 | 1.0580 | −0.152% | $1K | $48K | 5.5x | as long as short |
| Orderly PERP_AXS_USDC | +0.0094% | 4h | 1.0640 | +0.414% | $3K | — | 10x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0624 | +0.263% | $36K | $42K | 5x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0603 | +0.065% | $254K | $706K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0611 | +0.144% | $72K | $17K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0600 | +0.037% | $5.9M | $10.8M | 75x | as long as short |
| Bybit AXSUSDTshort | +0.0100% | 8h | 1.0606 | +0.093% | $3.7M | $4.3M | 75x | |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0600 | +0.037% | $1.4M | $3.0M | 20x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0608 | +0.112% | $838K | $524K | 50x | as long as short |
| MEXC AXS_USDT | +0.0100% | 4h | 1.0598 | +0.018% | $11.5M | $710K | 50x | as long as short |
Injective AXS/USDC PERP
Orderly PERP_AXS_USDC
Lighter AXS
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 | 1.0610 | +0.131% | $585K | $277K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0610 | +0.131% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0620 | +0.225% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0638 | +0.393% | $36K | $953 | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0650 | +0.509% | $762K | $852K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0637 | +0.386% | $1K | $1.4M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0633 | +0.348% | $775 | $3K | 5x | as long as short |
| Extended AXS-USDlong | +0.0104% | 1h | 1.0596 | long leg | $9K | $250K | 10x | |
| BloFin AXS-USDT | +0.0114% | 4h | 1.0627 | +0.292% | $280K | $29K | 75x | as long as short |
| Kraken Futures PF_AXSUSD | +0.0467% | 1h | 1.0649 | +0.497% | $145K | $339K | 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
BloFin AXS-USDT
Kraken Futures PF_AXSUSD