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

AXS

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: OKX against Hyperliquid−0.075%7-day average −0.086% · you buy dearer than you sell
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$940.942% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.149%−$15 on $10k
Price spread, last 4 days (all we have)−0.149%−$15 · spread now −0.075%, 7d avg −0.086%
Together, before fees−0.297%+ Points / potential airdropHyperliquid: Season 2 · farm board−$30 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid AXS1.06680.0100pay 0.0013% / 1h41m 57s$257K$312K5x
ShortOKX AXS-USDT-SWAP1.06600.0100get 0.0050% / 4h41m 57s$1.4M$2.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Hyperliquid. 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
Price spread: −0.075% → −0.086%
$1.13
Slippage, 4 orders
−$75.17
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee OKX: 5 bp × 2 orders
−$10
Net
−$93.05
Costs to cover
0.942%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 48 min ago; OKX: live order book, 5 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 Hyperliquid live order book, 48 min ago2.79 bp29.4 bp −$29doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 5 min ago1.41 bp22.2 bp −$22doesn't fitdoesn'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+0.487%$5$47K5.5xas long as short
Orderly PERP_AXS_USDC+0.0093%4h1.0660−0.075%$3K10xas long as short
Lighter AXS+0.0096%1h1.0690+0.206%$32K$41K5xas long as short
Hyperliquid AXSlong+0.0100%1h1.0668long leg$257K$312K5x
Aster AXSUSDT+0.0100%4h1.0661−0.066%$72K$14K10xas long as short
Binance AXSUSDT+0.0100%4h1.0661−0.066%$6.1M$10.2M75xas long as short
Bybit AXSUSDT+0.0100%8h1.0667−0.009%$3.7M$4.2M75xas long as short
OKX AXS-USDT-SWAPshort+0.0100%4h1.0660−0.075%$1.4M$2.9M20x
Gate AXS_USDT+0.0100%8h1.0656−0.112%$848K$898K50xas long as short
MEXC AXS_USDT+0.0100%4h1.0663−0.047%$11.3M$668K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin AXSUSDTM+0.0100%4h1.0660−0.075%$598K$300K50xas long as short
Bitget AXSUSDT+0.0100%4h1.0660−0.075%$3.1M$1.2M50xas long as short
BingX AXS-USDT+0.0100%4h1.0663−0.047%$2.6Mas long as short
Variational Omni AXS+0.0100%8h1.0663−0.051%$36K$3Kas long as short
GRVT AXS_USDT_Perp+0.0100%4h1.0652−0.153%$759K$887K10xas long as short
SunX AXS-USDT+0.0100%4h1.0666−0.019%$2K$1.3M20xas long as short
SoDEX AXS-USD+0.0100%1h1.0661−0.066%$745$3K5xas long as short
Extended AXS-USD+0.0104%1h1.0658−0.092%$7K$243K10xas long as short
BloFin AXS-USDT+0.0127%4h1.0659−0.084%$275K$24K75xas long as short
Kraken Futures PF_AXSUSD+0.0440%1h1.0668−0.001%$139K$349K20xas long as short