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

AXS

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against KuCoin−0.013%7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$207as in the Funding arb table
Net, price: spread back to 7d avg − costs−$203as in the Price arb table
costs, in and out, $10k−$2062.062% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.009%−$1 on $10k
Price spread, last 4 days (all we have)−0.031%−$3 · spread now −0.013%, 7d avg −0.044%
Together, before fees−0.040%+ Points / potential airdropExtended: Active · farm board−$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.030% dearer against KuCoin than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.044%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin AXSUSDTM1.07600.0100pay 0.0050% / 4h3h 24m$622K$308K50x
ShortExtended AXS-USD1.07590.0104get 0.0013% / 1h24m 46s$7K$260K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: −0.013% → −0.044%
$3.02
Slippage, 4 orders
−$189.22
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$202.36
Costs to cover
2.062%
Break-even
1693.3 days
Slippage from KuCoin: live order book, 28 min ago; Extended: live order book, 46 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, 28 min ago9.28 bp79.5 bp −$80374.2 bp −$3,742doesn't fitdoesn't fit
Sell Extended live order book, 46 min ago1.21 bp19.0 bp −$19143.2 bp −$1,432doesn'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%1h1.0786+0.245%$146K$326K20xas long as short
Injective AXS/USDC PERP+0.0033%1h1.0720−0.372%$5$47K5.5xas long as short
Orderly PERP_AXS_USDC+0.0082%4h1.0770+0.093%$3K10xas long as short
Lighter AXS+0.0096%1h1.0777+0.158%$29K$36K5xas long as short
Hyperliquid AXS+0.0100%1h1.0757−0.028%$268K$305K5xas long as short
Aster AXSUSDT+0.0100%4h1.0762+0.020%$74K$12K10xas long as short
Binance AXSUSDT+0.0100%4h1.0758−0.023%$6.1M$9.7M75xas long as short
Bybit AXSUSDT+0.0100%8h1.0764+0.037%$3.7M$4.1M75xas long as short
OKX AXS-USDT-SWAP+0.0100%4h1.0754−0.056%$1.4M$3.0M20xas long as short
Gate AXS_USDT+0.0100%8h1.0762+0.019%$953K$939K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC AXS_USDT+0.0100%4h1.0754−0.056%$11.4M$743K50xas long as short
KuCoin AXSUSDTMlong+0.0100%4h1.0760long leg$622K$308K50x
Bitget AXSUSDT+0.0100%4h1.07600.000%$3.2M$1.2M50xas long as short
BingX AXS-USDT+0.0100%4h1.0766+0.056%$2.6Mas long as short
Variational Omni AXS+0.0100%8h1.0777+0.155%$37K$4Kas long as short
GRVT AXS_USDT_Perp+0.0100%4h1.0768+0.070%$764K$879K10xas long as short
SunX AXS-USDT+0.0100%4h1.0776+0.149%$2K$1.3M20xas long as short
SoDEX AXS-USD+0.0100%1h1.0768+0.074%$714$3K5xas long as short
Extended AXS-USDshort+0.0104%1h1.0759−0.013%$7K$260K10x
BloFin AXS-USDT+0.0158%4h1.0774+0.130%$279K$16K75xas long as short