ArbiLayer

AXL arbitrage

live

Live Axelar price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread-0.10%MEXC → KuCoin · Perp–Perp
Best perp–perp spread+0.06%MEXC → KuCoin
Markets tracked117 venues · 7 perp · 4 spot · 0 DEX
Price range0.22%$0.0502 – $0.0504

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
MEXC logoMEXC$0.0503KuCoin logoKuCoin$0.0503 +0.06%-0.10% +0.06%— 0.000%— LS Chart →
Binance logoBinance$0.0503KuCoin logoKuCoin$0.0503 +0.02%-0.14% +0.02%— 0.000%— LS Chart →
Bybit logoBybit$0.0503KuCoin logoKuCoin$0.0503 0.00%-0.16% +0.01%— +0.038%— LS Chart →
Bitget logoBitget$0.0503KuCoin logoKuCoin$0.0503 0.00%-0.16% 0.00%— 0.000%— LS Chart →
MEXC logoMEXC$0.0503Bybit logoBybit$0.0503 0.00%-0.16% -0.01%— -0.038%— LS Chart →
MEXC logoMEXC$0.0503Bitget logoBitget$0.0502 -0.02%-0.18% -0.02%— 0.000%— LS Chart →
Binance logoBinance$0.0503Bybit logoBybit$0.0503 -0.04%-0.20% -0.05%— -0.038%— LS Chart →
MEXC logoMEXC$0.0503Binance logoBinance$0.0502 -0.04%-0.20% -0.04%— 0.000%— LS Chart →
Bitget logoBitget$0.0503Bybit logoBybit$0.0503 -0.06%-0.22% -0.07%— -0.038%— LS Chart →
Binance logoBinance$0.0503Bitget logoBitget$0.0502 -0.06%-0.22% -0.06%— 0.000%— LS Chart →
Variational logoVariational$0.0503KuCoin logoKuCoin$0.0503 -0.08%-0.24% -0.08%— +0.000%— LS Chart →
Bybit logoBybit$0.0503Bitget logoBitget$0.0502 -0.08%-0.24% -0.07%— +0.038%— LS Chart →
Binance logoBinance$0.0503MEXC logoMEXC$0.0502 -0.08%-0.24% -0.08%— 0.000%— LS Chart →
Bybit logoBybit$0.0503Binance logoBinance$0.0502 -0.10%-0.26% -0.09%— +0.038%— LS Chart →
Bybit logoBybit$0.0503MEXC logoMEXC$0.0502 -0.10%-0.26% -0.09%— +0.038%— LS Chart →
Long = where you buy, Short = where you sell. Net subtracts a two-leg taker fee model; Spread+F adds the next funding payment.Updates every 15 seconds. Not investment advice.

AXL price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
Bybit logoBybitPerpetual · AXLUSDTPerpetual $0.0503$0.0503$0.0503+0.01% -0.008%$455.4K
Bitget logoBitgetPerpetual · AXLUSDTPerpetual $0.0502$0.0503$0.05030.00% +0.030%$129.8K
Bybit logoBybitSpot · AXLUSDTSpot $0.0503$0.0503$0.05030.00% —$118.2K
MEXC logoMEXCPerpetual · AXL_USDTPerpetual $0.0502$0.0503$0.0502-0.04% +0.030%$108.6K
KuCoin logoKuCoinSpot · AXL-USDTSpot $0.0503$0.0503$0.0503+0.13% —$95.4K
Variational logoVariationalPerpetual · AXLPerpetual $0.0502$0.0503$0.05030.00% +0.030%$28.4K
Bitget logoBitgetSpot · AXLUSDTSpot $0.0502$0.0503$0.05030.00% —$24.0K
KuCoin logoKuCoinPerpetual · AXLUSDTMPerpetual $0.0503$0.0504$0.0503+0.17% +0.030%$22.2K
Binance logoBinancePerpetual · AXLUSDTPerpetual $0.0502$0.0503$0.0503-0.02% +0.030%—
Aster logoAsterPerpetual · AXLUSDTPerpetual $0.0502$0.0504$0.05030.00% +0.030%—
Binance logoBinanceSpot · AXLUSDTSpot $0.0503$0.0504$0.0504+0.18% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

AXL arbitrage explained

Right now Axelar (AXL) trades on 7 venues we scan: 7 perpetual markets, 4 spot markets and 0 DEX pools. The lowest ask is on MEXC perp at $0.0503 and the highest bid on KuCoin spot at $0.0503.

The widest AXL perpetual spread is between MEXC and KuCoin: long AXL on MEXC at $0.0503 and short on KuCoin at $0.0503 for +0.06% gross, or -0.10% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is 0.000% per day, which the position collects while it is open.

For a spot–perpetual (cash-and-carry) trade, the best AXL route is to buy spot on Bybit and short the perpetual on KuCoin: +0.02% gross, -0.18% net, with +0.030% a day of funding on the short leg.

Spot–spot AXL arbitrage (buy on Bybit, withdraw, deposit and sell on KuCoin) shows +0.08% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.

Small AXL gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.

Related: AXL funding rates · AXL spread charts · Axelar price · arbitrage scanner for all coins.

Is there a AXL arbitrage opportunity right now?

The best AXL route right now is to buy on MEXC → sell on KuCoin (Perp–Perp): +0.06% gross and -0.10% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest AXL?

MEXC (perp) has the lowest AXL ask at $0.0503, and KuCoin (spot) the highest bid at $0.0503. Prices update every 15 seconds on this page.

How many exchanges list AXL?

ArbiLayer tracks 11 AXL markets on 7 venues: 7 perpetual, 4 spot and 0 DEX pools.

How do I arbitrage AXL without transferring coins?

Use two perpetual contracts: go long AXL on the cheaper exchange (MEXC now) and short it on the more expensive one (KuCoin), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins

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