Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%
Price spread now: KuCoin against BingX+0.151%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$213as in the Funding arb table
Net, price: spread back to 7d avg − costs−$194as in the Price arb table
costs, in and out, $10k−$2092.094% of the position
Funding, last 7 days−0.040%−$4 on $10k
+Price spread, last 4 days (all we have)−0.194%−$19 · spread now +0.151%, 7d avg −0.003%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.153% dearer against BingX than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX AXS-USDT | 1.0624 | 0.0100 | pay 0.0050% / 4h | 1h 48m | — | $2.6M | — |
| Short | KuCoin AXSUSDTM | 1.0640 | 0.0100 | get 0.0050% / 4h | 1h 48m | $586K | $238K | 50x |
BingX AXS-USDT
KuCoin AXSUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BingX. 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: +0.151% → −0.003%
- $15.34
- Slippage, 4 orders
- −$187.38
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$194.03
- Costs to cover
- 2.094%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; KuCoin: live order book, 57 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 BingX live order book, 4 min ago | 4.70 bp | 17.9 bp −$18 | 42.7 bp −$427 | 335.9 bp −$33.6K | 477.6 bp −$238.8K |
| Sell KuCoin live order book, 57 min ago | 4.70 bp | 96.7 bp −$97 | 298.1 bp −$2,981 | doesn't fit | doesn't fit |
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-USD | −0.0039% | 1h | 1.0635 | +0.104% | $422 | $3K | 5x | as long as short |
| Injective AXS/USDC PERP | +0.0033% | 1h | 1.0580 | −0.414% | $1K | $48K | 5.5x | as long as short |
| Orderly PERP_AXS_USDC | +0.0091% | 4h | 1.0630 | +0.056% | $3K | — | 10x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0648 | +0.226% | $36K | $42K | 5x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0624 | 0.000% | $252K | $683K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0632 | +0.080% | $72K | $16K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0620 | −0.038% | $5.9M | $9.6M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0630 | +0.056% | $3.7M | $4.1M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0622 | −0.019% | $1.4M | $2.8M | 20x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0637 | +0.122% | $837K | $296K | 50x | as long as short |
SoDEX AXS-USD
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 | 1.0620 | −0.038% | $11.5M | $621K | 50x | as long as short |
| KuCoin AXSUSDTMshort | +0.0100% | 4h | 1.0640 | +0.151% | $586K | $238K | 50x | |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0630 | +0.056% | $3.1M | $1.1M | 50x | as long as short |
| BingX AXS-USDTlong | +0.0100% | 4h | 1.0624 | long leg | — | $2.6M | — | |
| Variational Omni AXS | +0.0100% | 8h | 1.0635 | +0.102% | $38K | $2K | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0642 | +0.170% | $756K | $810K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0642 | +0.169% | $2K | $1.2M | 20x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0619 | −0.043% | $8K | $253K | 10x | as long as short |
| BloFin AXS-USDT | +0.0159% | 4h | 1.0632 | +0.075% | $288K | $29K | 75x | as long as short |
| Kraken Futures PF_AXSUSD | +0.0193% | 1h | 1.0648 | +0.230% | $145K | $316K | 20x | as long as short |
MEXC AXS_USDT
Bitget AXSUSDT
Variational Omni AXS
GRVT AXS_USDT_Perp
SunX AXS-USDT
Extended AXS-USD
BloFin AXS-USDT
Kraken Futures PF_AXSUSD