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

AXS

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.090%+$9 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin AXSUSDTM1.07200.0100pay 0.0050% / 4h3h 17m$591K$277K50x
ShortBingX AXS-USDT1.07210.0100get 0.0050% / 4h3h 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 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: +0.009% → +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
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 6 min ago4.69 bp90.8 bp −$91532.9 bp −$5,329doesn't fitdoesn't fit
Sell BingX live order book, 2 min ago4.67 bp16.4 bp −$1642.3 bp −$423331.0 bp −$33.1K510.8 bp −$255.4K

AXS on 20 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective AXS/USDC PERP+0.0033%1h1.0580−1.306%$1K$48K5.5xas long as short
Orderly PERP_AXS_USDC+0.0094%4h1.0710−0.093%$3K10xas long as short
Lighter AXS+0.0096%1h1.0745+0.233%$37K$42K5xas long as short
Hyperliquid AXS+0.0100%1h1.0716−0.037%$256K$704K5xas long as short
Aster AXSUSDT+0.0100%4h1.0722+0.020%$73K$17K10xas long as short
Binance AXSUSDT+0.0100%4h1.0717−0.026%$6.0M$10.7M75xas long as short
Bybit AXSUSDT+0.0100%8h1.0723+0.028%$3.7M$4.3M75xas long as short
OKX AXS-USDT-SWAP+0.0100%4h1.0713−0.065%$1.4M$3.0M20xas long as short
Gate AXS_USDT+0.0100%8h1.0716−0.037%$847K$525K50xas long as short
MEXC AXS_USDT+0.0100%4h1.0711−0.084%$11.6M$715K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin AXSUSDTMlong+0.0100%4h1.0720long leg$591K$277K50x
Bitget AXSUSDT+0.0100%4h1.07200.000%$3.1M$1.2M50xas long as short
BingX AXS-USDTshort+0.0100%4h1.0721+0.009%$2.6M
Variational Omni AXS+0.0100%8h1.0705−0.140%$36K$953as long as short
GRVT AXS_USDT_Perp+0.0100%4h1.0690−0.280%$765K$874K10xas long as short
SunX AXS-USDT+0.0100%4h1.0702−0.168%$2K$1.4M20xas long as short
SoDEX AXS-USD+0.0100%1h1.0713−0.065%$781$3K5xas long as short
Extended AXS-USD+0.0104%1h1.0716−0.037%$9K$250K10xas long as short
BloFin AXS-USDT+0.0119%4h1.0699−0.196%$280K$29K75xas long as short
Kraken Futures PF_AXSUSD+0.0463%1h1.0727+0.068%$146K$332K20xas long as short