ArbiLayer

AXL arbitrage

live

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

Best net spread+0.05%Binance → KuCoin · Spot–Spot
Best perp–perp spread+0.04%Binance → Bybit
Markets tracked117 venues · 7 perp · 4 spot · 0 DEX
Price range0.39%$0.0512 – $0.0514

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Binance logoBinancespot$0.0512Bybit logoBybit$0.0512 0.00%-0.20% -0.02%— -0.099%— LS Chart →
Binance logoBinancespot$0.0512Bitget logoBitget$0.0512 -0.02%-0.22% -0.01%— +0.030%— LS Chart →
Bybit logoBybitspot$0.0512Bybit logoBybit$0.0512 -0.08%-0.28% -0.09%— -0.099%— LS Chart →
Binance logoBinancespot$0.0512Binance logoBinance$0.0512 -0.08%-0.28% -0.07%— +0.030%— LS Chart →
Binance logoBinancespot$0.0512MEXC logoMEXC$0.0512 -0.08%-0.28% -0.07%— +0.030%— LS Chart →
Bybit logoBybitspot$0.0512Bitget logoBitget$0.0512 -0.10%-0.30% -0.09%— +0.030%— LS Chart →
Binance logoBinancespot$0.0512Variational logoVariational$0.0511 -0.14%-0.34% -0.13%— +0.030%— LS Chart →
Bybit logoBybitspot$0.0512Binance logoBinance$0.0512 -0.16%-0.36% -0.15%— +0.030%— LS Chart →
Bybit logoBybitspot$0.0512MEXC logoMEXC$0.0512 -0.16%-0.36% -0.15%— +0.030%— LS Chart →
Binance logoBinancespot$0.0512Aster logoAster$0.0511 -0.16%-0.36% -0.15%— +0.030%— LS Chart →
Binance logoBinancespot$0.0512KuCoin logoKuCoin$0.0511 -0.20%-0.40% -0.19%— +0.003%— LS Chart →
Bybit logoBybitspot$0.0512Variational logoVariational$0.0511 -0.21%-0.41% -0.21%— +0.030%— LS Chart →
Bybit logoBybitspot$0.0512Aster logoAster$0.0511 -0.23%-0.43% -0.23%— +0.030%— LS Chart →
Bitget logoBitgetspot$0.0513Bybit logoBybit$0.0512 -0.27%-0.47% -0.29%— -0.099%— LS Chart →
Bybit logoBybitspot$0.0512KuCoin logoKuCoin$0.0511 -0.27%-0.47% -0.27%— +0.003%— 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 $0.0512$0.0512$0.0512+0.04% -0.099%$629.4K
Bybit logoBybitSpot · AXLUSDTSpot $0.0512$0.0512$0.0512+0.05% —$199.6K
Bitget logoBitgetPerpetual · AXLUSDTPerpetual $0.0512$0.0512$0.0512+0.03% +0.030%$176.6K
KuCoin logoKuCoinSpot · AXL-USDTSpot $0.0513$0.0514$0.0514+0.29% —$146.4K
MEXC logoMEXCPerpetual · AXL_USDTPerpetual $0.0512$0.0512$0.0512-0.06% +0.030%$107.8K
KuCoin logoKuCoinPerpetual · AXLUSDTMPerpetual $0.0511$0.0512$0.0512-0.09% +0.003%$50.0K
Variational logoVariationalPerpetual · AXLPerpetual $0.0511$0.0513$0.05120.00% +0.030%$40.3K
Bitget logoBitgetSpot · AXLUSDTSpot $0.0513$0.0513$0.0513+0.21% —$24.1K
Binance logoBinancePerpetual · AXLUSDTPerpetual $0.0512$0.0512$0.0512-0.06% +0.030%—
Aster logoAsterPerpetual · AXLUSDTPerpetual $0.0511$0.0513$0.0512-0.00% +0.030%—
Binance logoBinanceSpot · AXLUSDTSpot $0.0511$0.0512$0.0512-0.10% ——
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 $0.0512 and the highest bid on KuCoin spot at $0.0513.

The widest AXL perpetual spread is between Binance and Bybit: long AXL on Binance at $0.0512 and short on Bybit at $0.0512 for +0.04% gross, or -0.12% 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 -0.129% per day, which the position pays while it is open.

For a spot–perpetual (cash-and-carry) trade, the best AXL route is to buy spot on Binance and short the perpetual on Bybit: 0.00% gross, -0.20% net, with -0.099% a day of funding on the short leg.

Spot–spot AXL arbitrage (buy on Binance, withdraw, deposit and sell on KuCoin) shows +0.25% 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 Binance spot → sell on KuCoin spot (Spot–Spot): +0.25% gross and +0.05% after fees. It is positive after the fee model, but check depth and funding before trading.

Which exchange has the cheapest AXL?

MEXC (perp) has the lowest AXL ask at $0.0512, and KuCoin (spot) the highest bid at $0.0513. 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 (Binance now) and short it on the more expensive one (Bybit), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins

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