Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.010%
Price spread now: BingX against KuCoin+0.009%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$233as in the Funding arb table
Net, price: spread back to 7d avg − costs−$237as in the Price arb table
costs, in and out, $10k−$2372.375% of the position
Funding, last 7 days+0.040%+$4 on $10k
+Price spread, last 4 days (all we have)+0.050%+$5 · spread now +0.009%, 7d avg +0.004%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin AXSUSDTM | 1.0720 | 0.0100 | pay 0.0050% / 4h | 3h 17m | $591K | $277K | 50x |
| Short | BingX AXS-USDT | 1.0721 | 0.0100 | get 0.0050% / 4h | 3h 17m | — | $2.6M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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: +0.009% → +0.004%
- $0.55
- Slippage, 4 orders
- −$215.48
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$236.92
- Costs to cover
- 2.375%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 6 min ago; BingX: live order book, 2 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, 6 min ago | 4.69 bp | 90.8 bp −$91 | 532.9 bp −$5,329 | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 4.67 bp | 16.4 bp −$16 | 42.3 bp −$423 | 331.0 bp −$33.1K | 510.8 bp −$255.4K |
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 | 1.0580 | −1.306% | $1K | $48K | 5.5x | as long as short |
| Orderly PERP_AXS_USDC | +0.0094% | 4h | 1.0710 | −0.093% | $3K | — | 10x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0745 | +0.233% | $37K | $42K | 5x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0716 | −0.037% | $256K | $704K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0722 | +0.020% | $73K | $17K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0717 | −0.026% | $6.0M | $10.7M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0723 | +0.028% | $3.7M | $4.3M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0713 | −0.065% | $1.4M | $3.0M | 20x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0716 | −0.037% | $847K | $525K | 50x | as long as short |
| MEXC AXS_USDT | +0.0100% | 4h | 1.0711 | −0.084% | $11.6M | $715K | 50x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin AXSUSDTMlong | +0.0100% | 4h | 1.0720 | long leg | $591K | $277K | 50x | |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0720 | 0.000% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDTshort | +0.0100% | 4h | 1.0721 | +0.009% | — | $2.6M | — | |
| Variational Omni AXS | +0.0100% | 8h | 1.0705 | −0.140% | $36K | $953 | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0690 | −0.280% | $765K | $874K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0702 | −0.168% | $2K | $1.4M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0713 | −0.065% | $781 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0716 | −0.037% | $9K | $250K | 10x | as long as short |
| BloFin AXS-USDT | +0.0119% | 4h | 1.0699 | −0.196% | $280K | $29K | 75x | as long as short |
| Kraken Futures PF_AXSUSD | +0.0463% | 1h | 1.0727 | +0.068% | $146K | $332K | 20x | as long as short |
KuCoin AXSUSDTM
BingX AXS-USDT
Injective AXS/USDC PERP
Lighter AXS
Hyperliquid AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDT
OKX AXS-USDT-SWAP
Gate AXS_USDT
MEXC AXS_USDT
Bitget AXSUSDT
Variational Omni AXS
GRVT AXS_USDT_Perp
SunX AXS-USDT
SoDEX AXS-USD
Extended AXS-USD
BloFin AXS-USDT
Kraken Futures PF_AXSUSD