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

AXS

all AXS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Gate−0.087%7-day average −0.080% · you buy dearer than you sell
Net, funding: paid 7d − costs−$204as in the Funding arb table
Net, price: spread back to 7d avg − costs−$203as in the Price arb table
costs, in and out, $10k−$2032.026% 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)−0.021%−$2 · spread now −0.087%, 7d avg −0.080%
Together, before fees−0.030%+ Points / potential airdropExtended: Active · farm board−$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate AXS_USDT1.07860.0100pay 0.0100% / 8h7h 33m$971K$904K50x
ShortExtended AXS-USD1.07770.0104get 0.0013% / 1h33m 06s$7K$253K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Gate. 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: −0.087% → −0.080%
−$0.78
Slippage, 4 orders
−$182.57
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$202.51
Costs to cover
2.026%
Break-even
1694.6 days
Slippage from Gate: live order book, 24 min ago; Extended: live order book, 38 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 Gate live order book, 24 min ago7.40 bp74.4 bp −$74265.4 bp −$2,654doesn't fitdoesn't fit
Sell Extended live order book, 38 min ago1.21 bp19.0 bp −$19143.2 bp −$1,432doesn'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
Kraken Futures PF_AXSUSD−0.0260%1h1.0789+0.029%$145K$325K20xas long as short
Injective AXS/USDC PERP+0.0033%1h1.0720−0.612%$5$47K5.5xas long as short
Orderly PERP_AXS_USDC+0.0081%4h1.0780−0.056%$3K10xas long as short
Lighter AXS+0.0096%1h1.0800+0.130%$29K$36K5xas long as short
Hyperliquid AXS+0.0100%1h1.0776−0.093%$269K$305K5xas long as short
Aster AXSUSDT+0.0100%4h1.0780−0.052%$74K$12K10xas long as short
Binance AXSUSDT+0.0100%4h1.0776−0.093%$6.1M$9.6M75xas long as short
Bybit AXSUSDT+0.0100%8h1.07860.000%$3.7M$4.1M75xas long as short
OKX AXS-USDT-SWAP+0.0100%4h1.0773−0.121%$1.4M$3.0M20xas long as short
Gate AXS_USDTlong+0.0100%8h1.0786long leg$971K$904K50x
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC AXS_USDT+0.0100%4h1.0774−0.111%$11.4M$743K50xas long as short
KuCoin AXSUSDTM+0.0100%4h1.0780−0.056%$623K$308K50xas long as short
Bitget AXSUSDT+0.0100%4h1.0780−0.056%$3.2M$1.2M50xas long as short
BingX AXS-USDT+0.0100%4h1.0777−0.083%$2.6Mas long as short
Variational Omni AXS+0.0100%8h1.0785−0.006%$37K$4Kas long as short
GRVT AXS_USDT_Perp+0.0100%4h1.0771−0.143%$764K$891K10xas long as short
SunX AXS-USDT+0.0100%4h1.0785−0.009%$2K$1.3M20xas long as short
SoDEX AXS-USD+0.0100%1h1.0775−0.102%$715$3K5xas long as short
Extended AXS-USDshort+0.0104%1h1.0777−0.087%$7K$253K10x
BloFin AXS-USDT+0.0145%4h1.0774−0.111%$278K$18K75xas long as short