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
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%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin AXSUSDTM | 1.0700 | 0.0100 | pay 0.0050% / 4h | 2h 46m | $596K | $283K | 50x |
| Short | Binance AXSUSDT | 1.0701 | 0.0100 | get 0.0050% / 4h | 2h 46m | $6.1M | $10.4M | 75x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 13 min ago | 4.68 bp | 96.4 bp −$96 | 543.2 bp −$5,432 | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 1.40 bp | 18.4 bp −$18 | 49.2 bp −$492 | 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 | 1.0720 | +0.187% | $5 | $47K | 5.5x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0726 | +0.243% | $36K | $39K | 5x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0707 | +0.065% | $260K | $309K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0703 | +0.024% | $73K | $14K | 10x | as long as short |
| Binance AXSUSDTshort | +0.0100% | 4h | 1.0701 | +0.012% | $6.1M | $10.4M | 75x | |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0704 | +0.037% | $3.7M | $4.2M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0696 | −0.037% | $1.4M | $2.9M | 20x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0700 | 0.000% | $849K | $826K | 50x | as long as short |
| MEXC AXS_USDT | +0.0100% | 4h | 1.0703 | +0.028% | $11.5M | $663K | 50x | as long as short |
| KuCoin AXSUSDTMlong | +0.0100% | 4h | 1.0700 | long leg | $596K | $283K | 50x |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget AXSUSDT | +0.0100% | 4h | 1.0700 | 0.000% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0699 | −0.009% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0724 | +0.221% | $36K | $953 | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0720 | +0.186% | $770K | $894K | 10x | as long as short |
| Orderly PERP_AXS_USDC | +0.0100% | 4h | 1.0700 | 0.000% | $3K | — | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0705 | +0.047% | $2K | $1.4M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0701 | +0.009% | $759 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0698 | −0.015% | $7K | $223K | 10x | as long as short |
| BloFin AXS-USDT | +0.0138% | 4h | 1.0698 | −0.019% | $277K | $28K | 75x | as long as short |
| Kraken Futures PF_AXSUSD | +0.0413% | 1h | 1.0709 | +0.083% | $140K | $346K | 20x | as long as short |
KuCoin AXSUSDTM
Binance AXSUSDT
Injective AXS/USDC PERP
Lighter AXS
Hyperliquid AXS
Aster AXSUSDT
Bybit AXSUSDT
OKX AXS-USDT-SWAP
Gate AXS_USDT
MEXC AXS_USDT
Bitget AXSUSDT
BingX AXS-USDT
Variational Omni AXS
GRVT AXS_USDT_Perp
SunX AXS-USDT
SoDEX AXS-USD
Extended AXS-USD
BloFin AXS-USDT
Kraken Futures PF_AXSUSD