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

AXS

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Gate against Extended−0.047%7-day average +0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$238as in the Funding arb table
Net, price: spread back to 7d avg − costs−$251as in the Price arb table
costs, in and out, $10k−$2392.390% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.009%+$1 on $10k
Price spread, last 4 days (all we have)+0.142%+$14 · spread now −0.047%, 7d avg +0.072%
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: Gate is 0.120% cheaper against Extended than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.072%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended AXS-USD1.06330.0104pay 0.0013% / 1h20m 02s$8K$251K10x
ShortGate AXS_USDT1.06280.0100get 0.0100% / 8h20m 02s$840K$535K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Extended. 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
−$0.84
Price spread: −0.047% → +0.072%
−$11.97
Slippage, 4 orders
−$219.05
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$251.86
Costs to cover
2.390%
Break-even
never at this rate
Slippage from Extended: live order book, 17 min ago; Gate: live order book, 2 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 Extended live order book, 17 min ago1.55 bp19.9 bp −$20167.9 bp −$1,679doesn't fitdoesn't fit
Sell Gate live order book, 2 min ago7.53 bp96.5 bp −$97408.4 bp −$4,084doesn'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%1h1.0580−0.499%$1K$48K5.5xas long as short
BloFin AXS-USDT+0.0084%4h1.0619−0.132%$281K$29K75xas long as short
Orderly PERP_AXS_USDC+0.0094%4h1.0630−0.029%$3K10xas long as short
Lighter AXS+0.0096%1h1.0659+0.244%$36K$43K5xas long as short
Hyperliquid AXS+0.0100%1h1.0639+0.056%$256K$705K5xas long as short
Aster AXSUSDT+0.0100%4h1.0632−0.005%$72K$17K10xas long as short
Binance AXSUSDT+0.0100%4h1.0633−0.002%$5.9M$10.9M75xas long as short
Bybit AXSUSDT+0.0100%8h1.0638+0.047%$3.7M$4.3M75xas long as short
OKX AXS-USDT-SWAP+0.0100%4h1.0637+0.037%$1.4M$3.0M20xas long as short
Gate AXS_USDTshort+0.0100%8h1.0628−0.047%$840K$535K50x
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC AXS_USDT+0.0100%4h1.0635+0.018%$11.5M$705K50xas long as short
KuCoin AXSUSDTM+0.0100%4h1.0630−0.029%$586K$290K50xas long as short
Bitget AXSUSDT+0.0100%4h1.0640+0.065%$3.1M$1.2M50xas long as short
Variational Omni AXS+0.0100%8h1.0621−0.112%$36K$953as long as short
GRVT AXS_USDT_Perp+0.0100%4h1.0620−0.123%$760K$888K10xas long as short
SunX AXS-USDT+0.0100%4h1.0630−0.029%$2K$1.4M20xas long as short
SoDEX AXS-USD+0.0100%1h1.0632−0.010%$762$3K5xas long as short
Extended AXS-USDlong+0.0104%1h1.0633long leg$8K$251K10x
BingX AXS-USDT+0.0200%4h1.0626−0.066%$2.6Mas long as short
Kraken Futures PF_AXSUSD+0.0651%1h1.0642+0.085%$145K$351K20xas long as short