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

AXS

all AXS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bybit against Aster+0.072%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 fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.072% dearer against Aster than usual: you sell high and buy low, +$7 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster AXSUSDT1.06500.0100pay 0.0050% / 4h45m 01s$73K$14K10x
ShortBybit AXSUSDT1.06580.0100get 0.0100% / 8h4h 45m$3.7M$4.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Aster. 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: +0.072% → 0.000%
$7.23
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$11.77
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Bybit: live order book, 3 min ago. 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 Aster no order-book sample
Sell Bybit live order book, 3 min ago2.34 bp28.3 bp −$28118.1 bp −$1,181doesn't fitdoesn't fit
Aster: 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+0.0033%1h1.0720+0.654%$5$47K5.5xas long as short
BloFin AXS-USDT+0.0057%4h1.0645−0.050%$276K$24K75xas long as short
Orderly PERP_AXS_USDC+0.0093%4h1.0650−0.003%$3K10xas long as short
Lighter AXS+0.0096%1h1.0678+0.260%$32K$41K5xas long as short
Hyperliquid AXS+0.0100%1h1.0662+0.110%$257K$311K5xas long as short
Aster AXSUSDTlong+0.0100%4h1.0650long leg$73K$14K10x
Binance AXSUSDT+0.0100%4h1.0650−0.006%$6.0M$10.2M75xas long as short
Bybit AXSUSDTshort+0.0100%8h1.0658+0.072%$3.7M$4.2M75x
OKX AXS-USDT-SWAP+0.0100%4h1.0651+0.007%$1.4M$2.9M20xas long as short
Gate AXS_USDT+0.0100%8h1.0648−0.022%$848K$898K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC AXS_USDT+0.0100%4h1.0653+0.025%$11.3M$668K50xas long as short
KuCoin AXSUSDTM+0.0100%4h1.0660+0.091%$598K$300K50xas long as short
Bitget AXSUSDT+0.0100%4h1.0650−0.003%$3.1M$1.2M50xas long as short
BingX AXS-USDT+0.0100%4h1.0654+0.035%$2.6Mas long as short
Variational Omni AXS+0.0100%8h1.0663+0.115%$36K$3Kas long as short
GRVT AXS_USDT_Perp+0.0100%4h1.0650−0.002%$756K$876K10xas long as short
SunX AXS-USDT+0.0100%4h1.0653+0.025%$1K$1.3M20xas long as short
SoDEX AXS-USD+0.0100%1h1.0648−0.022%$744$3K5xas long as short
Extended AXS-USD+0.0104%1h1.0645−0.047%$7K$243K10xas long as short
Kraken Futures PF_AXSUSD+0.0441%1h1.0652+0.016%$138K$349K20xas long as short