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

AXS

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against MEXC−0.047%7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$179as in the Funding arb table
Net, price: spread back to 7d avg − costs−$187as in the Price arb table
costs, in and out, $10k−$1811.805% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.015%+$2 on $10k
Price spread, last 4 days (all we have)−0.033%−$3 · spread now −0.047%, 7d avg +0.021%
Together, before fees−0.018%−$2 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: KuCoin is 0.068% cheaper against MEXC than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.021%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC AXS_USDT1.06750.0100pay 0.0050% / 4h2h 15m$11.6M$644K50x
ShortKuCoin AXSUSDTM1.06700.0100get 0.0050% / 4h2h 15m$587K$262K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against MEXC. 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: −0.047% → +0.021%
−$6.76
Slippage, 4 orders
−$164.54
Fee MEXC: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$187.3
Costs to cover
1.805%
Break-even
never at this rate
Slippage from MEXC: live order book, 1 min ago; KuCoin: live order book, 30 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 MEXC live order book, 1 min ago0.47 bp3.8 bp −$420.1 bp −$20157.4 bp −$5,742107.1 bp −$53.6K
Sell KuCoin live order book, 30 min ago4.70 bp96.7 bp −$97298.1 bp −$2,981doesn't fitdoesn't fit

AXS on 20 exchanges

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+0.0033%1h1.0580−0.890%$1K$48K5.5xas long as short
Orderly PERP_AXS_USDC+0.0091%4h1.0670−0.047%$3K10xas long as short
Lighter AXS+0.0096%1h1.0695+0.187%$36K$42K5xas long as short
Hyperliquid AXS+0.0100%1h1.06750.000%$254K$694K5xas long as short
Aster AXSUSDT+0.0100%4h1.0678+0.024%$72K$16K10xas long as short
Binance AXSUSDT+0.0100%4h1.0673−0.019%$6.0M$9.9M75xas long as short
Bybit AXSUSDT+0.0100%8h1.0680+0.047%$3.7M$4.2M75xas long as short
OKX AXS-USDT-SWAP+0.0100%4h1.0676+0.009%$1.5M$2.9M20xas long as short
Gate AXS_USDT+0.0100%8h1.0677+0.019%$841K$392K50xas long as short
MEXC AXS_USDTlong+0.0100%4h1.0675long leg$11.6M$644K50x
Show all 20 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin AXSUSDTMshort+0.0100%4h1.0670−0.047%$587K$262K50x
Bitget AXSUSDT+0.0100%4h1.0680+0.047%$3.1M$1.1M50xas long as short
BingX AXS-USDT+0.0100%4h1.0674−0.009%$2.6Mas long as short
Variational Omni AXS+0.0100%8h1.0680+0.049%$36K$725as long as short
GRVT AXS_USDT_Perp+0.0100%4h1.0660−0.142%$761K$836K10xas long as short
SunX AXS-USDT+0.0100%4h1.0682+0.066%$2K$1.3M20xas long as short
SoDEX AXS-USD+0.0100%1h1.0672−0.028%$793$3K5xas long as short
Extended AXS-USD+0.0104%1h1.0672−0.031%$12K$249K10xas long as short
BloFin AXS-USDT+0.0133%4h1.0672−0.028%$285K$29K75xas long as short
Kraken Futures PF_AXSUSD+0.0622%1h1.0686+0.105%$146K$328K20xas long as short