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

AXS

all AXS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against KuCoin0.000%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$215as in the Funding arb table
Net, price: spread back to 7d avg − costs−$215as in the Price arb table
costs, in and out, $10k−$2152.150% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.020%−$2 · spread now 0.000%, 7d avg −0.002%
Together, before fees−0.020%−$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin AXSUSDTM1.08200.0100pay 0.0050% / 4h3h 04m$611K$313K50x
ShortBitget AXSUSDT1.08200.0100get 0.0050% / 4h3h 04m$3.2M$1.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: 0.000% → −0.002%
$0.21
Slippage, 4 orders
−$191.05
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$214.84
Costs to cover
2.150%
Break-even
never at this rate
Slippage from KuCoin: live order book, 49 min ago; Bitget: live order book, 3 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, 49 min ago9.28 bp79.5 bp −$80374.2 bp −$3,742doesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago4.62 bp32.0 bp −$3253.7 bp −$537doesn'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%1h1.0821+0.011%$147K$330K20xas long as short
Injective AXS/USDC PERP+0.0033%1h1.0720−0.924%$5$47K5.5xas long as short
Orderly PERP_AXS_USDC+0.0078%4h1.0810−0.092%$3K10xas long as short
BloFin AXS-USDT+0.0080%4h1.0811−0.083%$279K$17K75xas long as short
Lighter AXS+0.0096%1h1.0828+0.074%$29K$36K5xas long as short
Hyperliquid AXS+0.0100%1h1.08200.000%$266K$307K5xas long as short
Aster AXSUSDT+0.0100%4h1.0824+0.038%$74K$12K10xas long as short
Binance AXSUSDT+0.0100%4h1.0814−0.055%$6.1M$9.8M75xas long as short
Bybit AXSUSDT+0.0100%8h1.0821+0.009%$3.7M$4.1M75xas long as short
OKX AXS-USDT-SWAP+0.0100%4h1.0798−0.203%$1.5M$2.9M20xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate AXS_USDT+0.0100%8h1.0811−0.083%$863K$1.1M50xas long as short
MEXC AXS_USDT+0.0100%4h1.0821+0.009%$11.5M$745K50xas long as short
KuCoin AXSUSDTMlong+0.0100%4h1.0820long leg$611K$313K50x
Bitget AXSUSDTshort+0.0100%4h1.08200.000%$3.2M$1.2M50x
BingX AXS-USDT+0.0100%4h1.0819−0.009%$2.6Mas long as short
Variational Omni AXS+0.0100%8h1.0811−0.083%$37K$4Kas long as short
GRVT AXS_USDT_Perp+0.0100%4h1.0812−0.078%$771K$902K10xas long as short
SunX AXS-USDT+0.0100%4h1.0825+0.046%$1K$1.3M20xas long as short
SoDEX AXS-USD+0.0100%1h1.0812−0.074%$720$3K5xas long as short
Extended AXS-USD+0.0104%1h1.0812−0.070%$7K$241K10xas long as short