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

AXS

all AXS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: KuCoin against Extended+0.177%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$194as in the Funding arb table
Net, price: spread back to 7d avg − costs−$181as in the Price arb table
costs, in and out, $10k−$1951.946% 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)−0.147%−$15 · spread now +0.177%, 7d avg +0.043%
Together, before fees−0.137%+ Points / potential airdropExtended: Active · farm board−$14 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: KuCoin is 0.134% dearer against Extended than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.043%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended AXS-USD1.08110.0104pay 0.0013% / 1h41m 07s$7K$156K10x
ShortKuCoin AXSUSDTM1.08300.0100get 0.0050% / 4h41m 07s$614K$307K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.177% → +0.043%
$13.42
Slippage, 4 orders
−$177.57
Fee Extended: 2.5 bp × 2 orders
−$5
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$181.99
Costs to cover
1.946%
Break-even
never at this rate
Slippage from Extended: live order book, 35 min ago; KuCoin: live order book, 22 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, 35 min ago1.88 bp19.2 bp −$19202.0 bp −$2,020doesn't fitdoesn't fit
Sell KuCoin live order book, 22 min ago9.30 bp61.1 bp −$61261.1 bp −$2,611doesn'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
Kraken Futures PF_AXSUSD−0.0238%1h1.0825+0.132%$141K$311K20xas long as short
Injective AXS/USDC PERP+0.0033%1h1.0720−0.840%$5$47K5.5xas long as short
BloFin AXS-USDT+0.0053%4h1.0809−0.017%$277K$17K75xas long as short
Orderly PERP_AXS_USDC+0.0078%4h1.0820+0.085%$3K10xas long as short
Lighter AXS+0.0096%1h1.0833+0.205%$29K$36K5xas long as short
Hyperliquid AXS+0.0100%1h1.0814+0.029%$265K$298K5xas long as short
Aster AXSUSDT+0.0100%4h1.0813+0.016%$75K$11K10xas long as short
Binance AXSUSDT+0.0100%4h1.0812+0.012%$6.1M$9.6M75xas long as short
Bybit AXSUSDT+0.0100%8h1.0827+0.150%$3.7M$4.0M75xas long as short
OKX AXS-USDT-SWAP+0.0100%4h1.0811+0.002%$1.4M$2.9M20xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate AXS_USDT+0.0100%8h1.0818+0.066%$974K$1.0M50xas long as short
MEXC AXS_USDT+0.0100%4h1.0809−0.017%$11.5M$745K50xas long as short
KuCoin AXSUSDTMshort+0.0100%4h1.0830+0.177%$614K$307K50x
Bitget AXSUSDT+0.0100%4h1.0810−0.008%$3.2M$1.2M50xas long as short
BingX AXS-USDT+0.0100%4h1.0814+0.029%$2.6Mas long as short
Variational Omni AXS+0.0100%8h1.0848+0.345%$37K$4Kas long as short
GRVT AXS_USDT_Perp+0.0100%4h1.0829+0.166%$769K$890K10xas long as short
SunX AXS-USDT+0.0100%4h1.0820+0.085%$2K$1.3M20xas long as short
SoDEX AXS-USD+0.0100%1h1.0814+0.029%$709$3K5xas long as short
Extended AXS-USDlong+0.0104%1h1.0811long leg$7K$156K10x