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

AXS

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against KuCoin+0.012%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$212as in the Funding arb table
Net, price: spread back to 7d avg − costs−$209as in the Price arb table
costs, in and out, $10k−$2112.106% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.015%−$1 on $10k
Price spread, last 4 days (all we have)+0.013%+$1 · spread now +0.012%, 7d avg −0.004%
Together, before fees−0.001%$0 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin AXSUSDTM1.07000.0100pay 0.0050% / 4h2h 46m$596K$283K50x
ShortBinance AXSUSDT1.07010.0100get 0.0050% / 4h2h 46m$6.1M$10.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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
Price spread: +0.012% → −0.004%
$1.58
Slippage, 4 orders
−$188.58
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$209
Costs to cover
2.106%
Break-even
never at this rate
Slippage from KuCoin: live order book, 13 min ago; Binance: live order book, 9 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 KuCoin live order book, 13 min ago4.68 bp96.4 bp −$96543.2 bp −$5,432doesn't fitdoesn't fit
Sell Binance live order book, 9 min ago1.40 bp18.4 bp −$1849.2 bp −$492doesn'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+0.187%$5$47K5.5xas long as short
Lighter AXS+0.0096%1h1.0726+0.243%$36K$39K5xas long as short
Hyperliquid AXS+0.0100%1h1.0707+0.065%$260K$309K5xas long as short
Aster AXSUSDT+0.0100%4h1.0703+0.024%$73K$14K10xas long as short
Binance AXSUSDTshort+0.0100%4h1.0701+0.012%$6.1M$10.4M75x
Bybit AXSUSDT+0.0100%8h1.0704+0.037%$3.7M$4.2M75xas long as short
OKX AXS-USDT-SWAP+0.0100%4h1.0696−0.037%$1.4M$2.9M20xas long as short
Gate AXS_USDT+0.0100%8h1.07000.000%$849K$826K50xas long as short
MEXC AXS_USDT+0.0100%4h1.0703+0.028%$11.5M$663K50xas long as short
KuCoin AXSUSDTMlong+0.0100%4h1.0700long leg$596K$283K50x
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AXSUSDT+0.0100%4h1.07000.000%$3.1M$1.2M50xas long as short
BingX AXS-USDT+0.0100%4h1.0699−0.009%$2.6Mas long as short
Variational Omni AXS+0.0100%8h1.0724+0.221%$36K$953as long as short
GRVT AXS_USDT_Perp+0.0100%4h1.0720+0.186%$770K$894K10xas long as short
Orderly PERP_AXS_USDC+0.0100%4h1.07000.000%$3K10xas long as short
SunX AXS-USDT+0.0100%4h1.0705+0.047%$2K$1.4M20xas long as short
SoDEX AXS-USD+0.0100%1h1.0701+0.009%$759$3K5xas long as short
Extended AXS-USD+0.0104%1h1.0698−0.015%$7K$223K10xas long as short
BloFin AXS-USDT+0.0138%4h1.0698−0.019%$277K$28K75xas long as short
Kraken Futures PF_AXSUSD+0.0413%1h1.0709+0.083%$140K$346K20xas long as short