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

AXS

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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: Extended against KuCoin−0.139%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$196as in the Funding arb table
Net, price: spread back to 7d avg − costs−$204as 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)+0.108%+$11 · spread now −0.139%, 7d avg −0.043%
Together, before fees+0.099%+ Points / potential airdropExtended: Active · farm board+$10 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: Extended is 0.096% cheaper against KuCoin than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.043%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin AXSUSDTM1.08200.0100pay 0.0050% / 4h41m 47s$614K$307K50x
ShortExtended AXS-USD1.08050.0104get 0.0013% / 1h41m 47s$7K$156K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against KuCoin. 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: −0.139% → −0.043%
−$9.61
Slippage, 4 orders
−$177.57
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$203.34
Costs to cover
1.946%
Break-even
1701.5 days
Slippage from KuCoin: live order book, 21 min ago; Extended: live order book, 34 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 KuCoin live order book, 21 min ago9.30 bp95.0 bp −$95425.6 bp −$4,256doesn't fitdoesn't fit
Sell Extended live order book, 34 min ago1.88 bp19.3 bp −$19162.2 bp −$1,622doesn'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%1h1.0821+0.008%$141K$311K20xas long as short
Injective AXS/USDC PERP+0.0033%1h1.0720−0.924%$5$47K5.5xas long as short
Orderly PERP_AXS_USDC+0.0078%4h1.0810−0.092%$3K10xas long as short
Lighter AXS+0.0096%1h1.0831+0.102%$29K$36K5xas long as short
Hyperliquid AXS+0.0100%1h1.0811−0.083%$265K$298K5xas long as short
Aster AXSUSDT+0.0100%4h1.0809−0.102%$75K$11K10xas long as short
Binance AXSUSDT+0.0100%4h1.0808−0.114%$6.1M$9.6M75xas long as short
Bybit AXSUSDT+0.0100%8h1.08200.000%$3.7M$4.0M75xas long as short
OKX AXS-USDT-SWAP+0.0100%4h1.0807−0.120%$1.4M$2.9M20xas long as short
Gate AXS_USDT+0.0100%8h1.08200.000%$974K$1.0M50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC AXS_USDT+0.0100%4h1.0807−0.120%$11.5M$745K50xas long as short
KuCoin AXSUSDTMlong+0.0100%4h1.0820long leg$614K$307K50x
Bitget AXSUSDT+0.0100%4h1.0810−0.092%$3.2M$1.2M50xas long as short
BingX AXS-USDT+0.0100%4h1.0819−0.009%$2.6Mas long as short
Variational Omni AXS+0.0100%8h1.0848+0.260%$37K$4Kas long as short
GRVT AXS_USDT_Perp+0.0100%4h1.0830+0.088%$769K$890K10xas long as short
SunX AXS-USDT+0.0100%4h1.0814−0.055%$1K$1.3M20xas long as short
SoDEX AXS-USD+0.0100%1h1.0808−0.111%$714$3K5xas long as short
Extended AXS-USDshort+0.0104%1h1.0805−0.139%$7K$156K10x
BloFin AXS-USDT+0.0112%4h1.0817−0.028%$275K$17K75xas long as short