Funding you earn now, next payment 11:00 UTC−0.0219%/8h= −24.0% APRpaid last 24h 0.000%
Price spread now: SoDEX against KuCoin−0.085%53s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and SoDEX is 0.085% cheaper against KuCoin than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin AXSUSDTM | 1.0620 | 0.0100 | pay 0.0050% / 4h | 1h 43m | $585K | $238K | 50x |
| Short | SoDEX AXS-USD | 1.0611 | −0.0119 | pay 0.0015% / 1h | 43m 26s | $427 | $3K | 5x |
KuCoin AXSUSDTM
SoDEX AXS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$46.07
- Price spread: −0.085% → 0.000%
- −$8.47
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$74.55
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 62 min ago; SoDEX: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 62 min ago | 4.70 bp | 76.8 bp −$77 | 483.3 bp −$4,833 | doesn't fit | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| SoDEX AXS-USDshort | −0.0119% | 1h | 1.0611 | −0.085% | $427 | $3K | 5x | |
| Injective AXS/USDC PERP | +0.0033% | 1h | 1.0580 | −0.377% | $1K | $48K | 5.5x | as long as short |
| Orderly PERP_AXS_USDC | +0.0090% | 4h | 1.0610 | −0.094% | $3K | — | 10x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0635 | +0.141% | $36K | $42K | 5x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0608 | −0.111% | $252K | $683K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0617 | −0.027% | $72K | $16K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0604 | −0.151% | $5.9M | $9.6M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0615 | −0.047% | $3.7M | $4.1M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0609 | −0.104% | $1.4M | $2.8M | 20x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0610 | −0.094% | $835K | $296K | 50x | as long as short |
Injective AXS/USDC PERP
Orderly PERP_AXS_USDC
Lighter AXS
Hyperliquid AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDT
OKX AXS-USDT-SWAP
Gate AXS_USDTShow all 20 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC AXS_USDT | +0.0100% | 4h | 1.0603 | −0.160% | $11.5M | $621K | 50x | as long as short |
| KuCoin AXSUSDTMlong | +0.0100% | 4h | 1.0620 | long leg | $585K | $238K | 50x | |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0610 | −0.094% | $3.1M | $1.1M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0609 | −0.104% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0627 | +0.069% | $38K | $2K | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0620 | 0.000% | $759K | $807K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0615 | −0.047% | $2K | $1.2M | 20x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0601 | −0.182% | $8K | $253K | 10x | as long as short |
| BloFin AXS-USDT | +0.0146% | 4h | 1.0609 | −0.104% | $288K | $29K | 75x | as long as short |
| Kraken Futures PF_AXSUSD | +0.0194% | 1h | 1.0628 | +0.072% | $145K | $316K | 20x | as long as short |
MEXC AXS_USDT
Bitget AXSUSDT
BingX AXS-USDT
Variational Omni AXS
GRVT AXS_USDT_Perp
SunX AXS-USDT
Extended AXS-USD
BloFin AXS-USDT
Kraken Futures PF_AXSUSD