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: MEXC against KuCoin−0.056%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$190as in the Funding arb table
Net, price: spread back to 7d avg − costs−$192as in the Price arb table
costs, in and out, $10k−$1891.886% of the position
Funding, last 7 days−0.015%−$2 on $10k
+Price spread, last 4 days (all we have)+0.043%+$4 · spread now −0.056%, 7d avg −0.022%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.034% cheaper against KuCoin than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.022%.
| 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 | 2h 35m | $602K | $313K | 50x |
| Short | MEXC AXS_USDT | 1.0714 | 0.0100 | get 0.0050% / 4h | 2h 35m | $11.4M | $726K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.056% → −0.022%
- −$3.44
- Slippage, 4 orders
- −$172.57
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$192.01
- Costs to cover
- 1.886%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 3 min ago; MEXC: live order book, 3 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, 3 min ago | 4.69 bp | 74.1 bp −$74 | 420.2 bp −$4,202 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.94 bp | 4.2 bp −$4 | 19.0 bp −$190 | 57.4 bp −$5,742 | 105.5 bp −$52.8K |
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 | 0.000% | $5 | $47K | 5.5x | as long as short |
| Orderly PERP_AXS_USDC | +0.0079% | 4h | 1.0730 | +0.093% | $3K | — | 10x | as long as short |
| BloFin AXS-USDT | +0.0090% | 4h | 1.0691 | −0.271% | $275K | $18K | 75x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0747 | +0.252% | $29K | $36K | 5x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0727 | +0.065% | $259K | $313K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0736 | +0.147% | $73K | $14K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0724 | +0.037% | $6.0M | $10.1M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0731 | +0.103% | $3.7M | $4.2M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0723 | +0.028% | $1.4M | $2.9M | 20x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0713 | −0.065% | $855K | $993K | 50x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC AXS_USDTshort | +0.0100% | 4h | 1.0714 | −0.056% | $11.4M | $726K | 50x | |
| KuCoin AXSUSDTMlong | +0.0100% | 4h | 1.0720 | long leg | $602K | $313K | 50x | |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0720 | 0.000% | $3.2M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0724 | +0.037% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0721 | +0.012% | $36K | $4K | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0660 | −0.560% | $761K | $905K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0720 | 0.000% | $2K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0725 | +0.047% | $715 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0725 | +0.042% | $9K | $240K | 10x | as long as short |
| Kraken Futures PF_AXSUSD | +0.0357% | 1h | 1.0732 | +0.112% | $146K | $333K | 20x | as long as short |
KuCoin AXSUSDTM
MEXC AXS_USDT
Injective AXS/USDC PERP
BloFin AXS-USDT
Lighter AXS
Hyperliquid AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDT
OKX AXS-USDT-SWAP
Gate AXS_USDT
Bitget AXSUSDT
BingX AXS-USDT
Variational Omni AXS
GRVT AXS_USDT_Perp
SunX AXS-USDT
SoDEX AXS-USD
Extended AXS-USD
Kraken Futures PF_AXSUSD