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

AXS

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Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Bybit−0.117%7-day average −0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$900.901% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.033%+$3 on $10k
Price spread, last 4 days (all we have)+0.145%+$15 · spread now −0.117%, 7d avg −0.071%
Together, before fees+0.178%+ Points / potential airdropExtended: Active · farm board+$18 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: Extended is 0.046% cheaper against Bybit than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.071%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit AXSUSDT1.06500.0100pay 0.0100% / 8h5h 52m$3.7M$4.1M75x
ShortExtended AXS-USD1.06380.0104get 0.0013% / 1h52m 52s$8K$253K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Bybit. 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
$0.84
Price spread: −0.117% → −0.071%
−$4.61
Slippage, 4 orders
−$74.08
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$93.85
Costs to cover
0.901%
Break-even
789.1 days
Slippage from Bybit: live order book, 3 min ago; Extended: live order book, 56 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 Bybit live order book, 3 min ago1.88 bp26.0 bp −$26116.2 bp −$1,162doesn't fitdoesn't fit
Sell Extended live order book, 56 min ago1.03 bp19.2 bp −$19167.2 bp −$1,672doesn'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
SoDEX AXS-USD−0.0086%1h1.0643−0.066%$413$3K5xas long as short
Injective AXS/USDC PERP+0.0033%1h1.0580−0.657%$1K$48K5.5xas long as short
Orderly PERP_AXS_USDC+0.0091%4h1.0640−0.094%$3K10xas long as short
Lighter AXS+0.0096%1h1.0656+0.056%$36K$42K5xas long as short
Hyperliquid AXS+0.0100%1h1.0637−0.118%$252K$682K5xas long as short
Aster AXSUSDT+0.0100%4h1.0652+0.016%$72K$16K10xas long as short
Binance AXSUSDT+0.0100%4h1.0639−0.106%$5.9M$9.6M75xas long as short
Bybit AXSUSDTlong+0.0100%8h1.0650long leg$3.7M$4.1M75x
OKX AXS-USDT-SWAP+0.0100%4h1.0636−0.131%$1.4M$2.8M20xas long as short
Gate AXS_USDT+0.0100%8h1.0642−0.075%$838K$296K50xas long as short
Show all 20 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC AXS_USDT+0.0100%4h1.0647−0.028%$11.5M$621K50xas long as short
KuCoin AXSUSDTM+0.0100%4h1.0660+0.094%$588K$238K50xas long as short
Bitget AXSUSDT+0.0100%4h1.06500.000%$3.1M$1.1M50xas long as short
BingX AXS-USDT+0.0100%4h1.0645−0.047%$2.6Mas long as short
Variational Omni AXS+0.0100%8h1.0662+0.115%$38K$2Kas long as short
GRVT AXS_USDT_Perp+0.0100%4h1.0660+0.094%$758K$810K10xas long as short
SunX AXS-USDT+0.0100%4h1.0652+0.019%$2K$1.2M20xas long as short
Extended AXS-USDshort+0.0104%1h1.0638−0.117%$8K$253K10x
BloFin AXS-USDT+0.0133%4h1.0643−0.066%$288K$29K75xas long as short
Kraken Futures PF_AXSUSD+0.0193%1h1.0655+0.047%$145K$316K20xas long as short