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

AXS

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: KuCoin against Extended+0.019%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$192as in the Funding arb table
Net, price: spread back to 7d avg − costs−$195as in the Price arb table
costs, in and out, $10k−$1931.932% 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)−0.002%$0 · spread now +0.019%, 7d avg +0.042%
Together, before fees+0.008%+ Points / potential airdropExtended: Active · farm board+$1 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: KuCoin is 0.023% cheaper against Extended than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.042%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended AXS-USD1.07280.0104pay 0.0013% / 1h6m 34s$8K$201K10x
ShortKuCoin AXSUSDTM1.07300.0100get 0.0050% / 4h3h 06m$601K$281K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.019% → +0.042%
−$2.3
Slippage, 4 orders
−$176.18
Fee Extended: 2.5 bp × 2 orders
−$5
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$196.32
Costs to cover
1.932%
Break-even
never at this rate
Slippage from Extended: live order book, 45 min ago; KuCoin: live order book, 67 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, 45 min ago2.18 bp24.2 bp −$24199.5 bp −$1,995doesn't fitdoesn't fit
Sell KuCoin live order book, 67 min ago9.28 bp85.3 bp −$85297.0 bp −$2,970doesn'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%1h1.0720−0.074%$5$47K5.5xas long as short
Orderly PERP_AXS_USDC+0.0094%4h1.0720−0.074%$3K10xas long as short
Lighter AXS+0.0096%1h1.0758+0.280%$37K$39K5xas long as short
BloFin AXS-USDT+0.0097%4h1.0715−0.121%$276K$28K75xas long as short
Hyperliquid AXS+0.0100%1h1.0739+0.103%$261K$309K5xas long as short
Aster AXSUSDT+0.0100%4h1.0730+0.014%$73K$14K10xas long as short
Binance AXSUSDT+0.0100%4h1.0731+0.029%$6.1M$10.4M75xas long as short
Bybit AXSUSDT+0.0100%8h1.0730+0.019%$3.7M$4.2M75xas long as short
OKX AXS-USDT-SWAP+0.0100%4h1.0729+0.010%$1.4M$2.9M20xas long as short
Gate AXS_USDT+0.0100%8h1.0726−0.018%$852K$898K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC AXS_USDT+0.0100%4h1.0727−0.009%$11.5M$698K50xas long as short
KuCoin AXSUSDTMshort+0.0100%4h1.0730+0.019%$601K$281K50x
Bitget AXSUSDT+0.0100%4h1.0720−0.074%$3.1M$1.2M50xas long as short
BingX AXS-USDT+0.0100%4h1.0726−0.018%$2.6Mas long as short
Variational Omni AXS+0.0100%8h1.0742+0.126%$37K$953as long as short
GRVT AXS_USDT_Perp+0.0100%4h1.0722−0.055%$761K$882K10xas long as short
SunX AXS-USDT+0.0100%4h1.0721−0.065%$2K$1.4M20xas long as short
SoDEX AXS-USD+0.0100%1h1.0718−0.093%$757$3K5xas long as short
Extended AXS-USDlong+0.0104%1h1.0728long leg$8K$201K10x
Kraken Futures PF_AXSUSD+0.0212%1h1.0736+0.075%$141K$345K20xas long as short