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

AXS

all AXS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0003%/8h= −0.3% APRnext payment $0.01 per $10,000 · paid last 24h −0.016%
Price spread now: Orderly against KuCoin0.000%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin AXSUSDTM1.07200.0100pay 0.0050% / 4h1h 51m$581K$289K50x
ShortOrderly PERP_AXS_USDC1.07200.0097get 0.0049% / 4h1h 51m$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
−$0.62
Price spread: 0.000% → 0.000%
$0
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$18.62
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 67 min ago; Orderly: no order-book sample. Net counts fees only.

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, 67 min ago4.68 bp96.4 bp −$96543.2 bp −$5,432doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.1014%1h1.0580−1.306%$1K$48K5.5xas long as short
Orderly PERP_AXS_USDCshort+0.0097%4h1.07200.000%$3K10x
BloFin AXS-USDT+0.0099%4h1.0727+0.065%$280K$30K75xas long as short
Hyperliquid AXS+0.0100%1h1.0726+0.056%$265K$698K5xas long as short
Aster AXSUSDT+0.0100%4h1.0715−0.047%$73K$18K10xas long as short
Binance AXSUSDT+0.0100%4h1.0708−0.109%$6.0M$10.8M75xas long as short
Bybit AXSUSDT+0.0100%8h1.0704−0.149%$3.7M$4.3M75xas long as short
OKX AXS-USDT-SWAP+0.0100%4h1.0711−0.084%$1.4M$3.0M20xas long as short
Gate AXS_USDT+0.0100%8h1.0711−0.084%$848K$630K50xas long as short
MEXC AXS_USDT+0.0100%4h1.0710−0.093%$11.5M$679K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin AXSUSDTMlong+0.0100%4h1.0720long leg$581K$289K50x
Bitget AXSUSDT+0.0100%4h1.0710−0.093%$3.1M$1.2M50xas long as short
BingX AXS-USDT+0.0100%4h1.0712−0.075%$2.6Mas long as short
Variational Omni AXS+0.0100%8h1.0732+0.113%$37K$953as long as short
GRVT AXS_USDT_Perp+0.0100%4h1.07200.000%$764K$902K10xas long as short
SunX AXS-USDT+0.0100%4h1.0714−0.056%$2K$1.4M20xas long as short
SoDEX AXS-USD+0.0100%1h1.0715−0.047%$766$3K5xas long as short
Extended AXS-USD+0.0104%1h1.0709−0.103%$7K$230K10xas long as short
Lighter AXS+0.0152%1h1.0747+0.252%$37K$39K5xas long as short
Kraken Futures PF_AXSUSD+0.0378%1h1.0728+0.073%$141K$354K20xas long as short