Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Bybit against Extended+0.084%7-day average +0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$980.975% of the position
Funding, last 7 days−0.035%−$3 on $10k
+Price spread, last 4 days (all we have)−0.022%−$2 · spread now +0.084%, 7d avg +0.071%
=Together, before fees−0.057%+ Points / potential airdropExtended: Active · farm board−$6 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended AXS-USD | 1.0698 | 0.0104 | pay 0.0013% / 1h | 2m 49s | $9K | $240K | 10x |
| Short | Bybit AXSUSDT | 1.0707 | 0.0100 | get 0.0100% / 8h | 6h 02m | $3.7M | $4.2M | 75x |
Extended AXS-USD
Bybit AXSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Extended. 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
- −$0.84
- Price spread: +0.084% → +0.071%
- $1.31
- Slippage, 4 orders
- −$81.51
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$97.04
- Costs to cover
- 0.975%
- Break-even
- never at this rate
Slippage from Extended: live order book, 64 min ago; Bybit: live order book, 5 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 Extended live order book, 64 min ago | 2.68 bp | 20.7 bp −$21 | 189.9 bp −$1,899 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 2.34 bp | 24.3 bp −$24 | 97.7 bp −$977 | doesn't fit | doesn't fit |
AXS on 19 venues
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective AXS/USDC PERP | +0.0033% | 1h | 1.0720 | +0.206% | $5 | $47K | 5.5x | as long as short |
| Orderly PERP_AXS_USDC | +0.0085% | 4h | 1.0710 | +0.112% | $3K | — | 10x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0730 | +0.299% | $33K | $41K | 5x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0709 | +0.099% | $258K | $313K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0707 | +0.084% | $73K | $14K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0702 | +0.040% | $6.0M | $10.0M | 75x | as long as short |
| Bybit AXSUSDTshort | +0.0100% | 8h | 1.0707 | +0.084% | $3.7M | $4.2M | 75x | |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0699 | +0.009% | $1.4M | $2.9M | 20x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0701 | +0.028% | $852K | $997K | 50x | as long as short |
| MEXC AXS_USDT | +0.0100% | 4h | 1.0694 | −0.037% | $11.4M | $732K | 50x | as long as short |
Injective AXS/USDC PERP
Orderly PERP_AXS_USDC
Lighter AXS
Hyperliquid AXS
Aster AXSUSDT
Binance AXSUSDT
OKX AXS-USDT-SWAP
Gate AXS_USDT
MEXC AXS_USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0700 | +0.019% | $600K | $302K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0700 | +0.019% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0703 | +0.047% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0694 | −0.036% | $36K | $3K | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0690 | −0.075% | $763K | $906K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0710 | +0.112% | $1K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0706 | +0.075% | $733 | $3K | 5x | as long as short |
| Extended AXS-USDlong | +0.0104% | 1h | 1.0698 | long leg | $9K | $240K | 10x | |
| Kraken Futures PF_AXSUSD | +0.0357% | 1h | 1.0718 | +0.184% | $145K | $335K | 20x | as long as short |
KuCoin AXSUSDTM
Bitget AXSUSDT
BingX AXS-USDT
Variational Omni AXS
GRVT AXS_USDT_Perp
SunX AXS-USDT
SoDEX AXS-USD
Kraken Futures PF_AXSUSD