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

AXS

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Gate against Extended−0.033%7-day average +0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$235as in the Funding arb table
Net, price: spread back to 7d avg − costs−$246as in the Price arb table
costs, in and out, $10k−$2362.358% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.009%+$1 on $10k
Price spread, last 4 days (all we have)+0.149%+$15 · spread now −0.033%, 7d avg +0.073%
Together, before fees+0.159%+ Points / potential airdropExtended: Active · farm board+$16 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: Gate is 0.106% cheaper against Extended than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.073%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended AXS-USD1.07560.0104pay 0.0013% / 1h28m 59s$8K$238K10x
ShortGate AXS_USDT1.07530.0100get 0.0100% / 8h3h 28m$854K$897K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Extended. 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: −0.033% → +0.073%
−$10.56
Slippage, 4 orders
−$215.78
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$247.18
Costs to cover
2.358%
Break-even
never at this rate
Slippage from Extended: live order book, 23 min ago; Gate: live order book, 8 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 Extended live order book, 23 min ago2.18 bp24.2 bp −$24199.5 bp −$1,995doesn't fitdoesn't fit
Sell Gate live order book, 8 min ago10.71 bp98.5 bp −$98317.1 bp −$3,171doesn't fitdoesn't fit

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%1h1.0720−0.339%$5$47K5.5xas long as short
Orderly PERP_AXS_USDC+0.0093%4h1.0760+0.033%$3K10xas long as short
BloFin AXS-USDT+0.0097%4h1.0756−0.005%$277K$26K75xas long as short
Hyperliquid AXS+0.0100%1h1.0767+0.098%$261K$309K5xas long as short
Aster AXSUSDT+0.0100%4h1.0763+0.062%$73K$14K10xas long as short
Binance AXSUSDT+0.0100%4h1.0760+0.033%$6.1M$10.4M75xas long as short
Bybit AXSUSDT+0.0100%8h1.0764+0.070%$3.7M$4.2M75xas long as short
OKX AXS-USDT-SWAP+0.0100%4h1.0756−0.005%$1.4M$2.9M20xas long as short
Gate AXS_USDTshort+0.0100%8h1.0753−0.033%$854K$897K50x
MEXC AXS_USDT+0.0100%4h1.0762+0.051%$11.5M$696K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin AXSUSDTM+0.0100%4h1.0760+0.033%$603K$283K50xas long as short
Bitget AXSUSDT+0.0100%4h1.0760+0.033%$3.1M$1.1M50xas long as short
BingX AXS-USDT+0.0100%4h1.0764+0.070%$2.6Mas long as short
Variational Omni AXS+0.0100%8h1.0776+0.178%$37K$953as long as short
GRVT AXS_USDT_Perp+0.0100%4h1.0756−0.007%$769K$893K10xas long as short
SunX AXS-USDT+0.0100%4h1.0755−0.014%$1K$1.3M20xas long as short
SoDEX AXS-USD+0.0100%1h1.0763+0.060%$740$3K5xas long as short
Extended AXS-USDlong+0.0104%1h1.0756long leg$8K$238K10x
Lighter AXS+0.0176%1h1.0788+0.293%$37K$39K5xas long as short
Kraken Futures PF_AXSUSD+0.0212%1h1.0775+0.168%$141K$344K20xas long as short