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

AXS

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.017%
Price spread now: Orderly against Extended−0.060%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.060% cheaper against Extended than usual: you would sell low and buy high, −$6 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended AXS-USD1.05660.0104pay 0.0013% / 1h27m 10s$7K$223K10x
ShortOrderly PERP_AXS_USDC1.05600.0100get 0.0050% / 4h2h 27m$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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: −0.060% → 0.000%
−$6.03
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$17.87
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 19 min ago; Orderly: no order-book sample. Net counts fees only.

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, 19 min ago1.59 bp26.1 bp −$26213.7 bp −$2,137doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h1.0580+0.129%$1K$48K5.5xas long as short
Lighter AXS+0.0096%1h1.0589+0.214%$36K$39K5xas long as short
Hyperliquid AXS+0.0100%1h1.0566−0.004%$397K$477K5xas long as short
Aster AXSUSDT+0.0100%4h1.0573+0.066%$72K$14K10xas long as short
Binance AXSUSDT+0.0100%4h1.0573+0.063%$6.0M$10.6M75xas long as short
Bybit AXSUSDT+0.0100%8h1.0585+0.176%$3.7M$4.3M75xas long as short
OKX AXS-USDT-SWAP+0.0100%4h1.0578+0.110%$1.4M$3.0M20xas long as short
Gate AXS_USDT+0.0100%8h1.0573+0.063%$837K$829K50xas long as short
MEXC AXS_USDT+0.0100%4h1.0574+0.072%$11.3M$672K50xas long as short
KuCoin AXSUSDTM+0.0100%4h1.0580+0.129%$586K$286K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AXSUSDT+0.0100%4h1.0580+0.129%$3.1M$1.2M50xas long as short
BingX AXS-USDT+0.0100%4h1.0575+0.082%$2.6Mas long as short
Variational Omni AXS+0.0100%8h1.0591+0.236%$36K$953as long as short
GRVT AXS_USDT_Perp+0.0100%4h1.0600+0.318%$751K$885K10xas long as short
Orderly PERP_AXS_USDCshort+0.0100%4h1.0560−0.060%$3K10x
SunX AXS-USDT+0.0100%4h1.0567+0.006%$1K$1.4M20xas long as short
SoDEX AXS-USD+0.0100%1h1.0569+0.025%$746$3K5xas long as short
Extended AXS-USDlong+0.0104%1h1.0566long leg$7K$223K10x
BloFin AXS-USDT+0.0139%4h1.0567+0.006%$276K$30K75xas long as short
Kraken Futures PF_AXSUSD+0.0418%1h1.0580+0.132%$140K$350K20xas long as short