Funding you earn now, next payment 22:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.024%
Price spread now: Injective against Binance+0.809%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.134%−$13 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Injective is 0.809% dearer against Binance than usual: you sell high and buy low (spread +0.809% now, against zero (this spread has no 7-day history yet)): +$81 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 40 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance AXSUSDT | 1.0634 | 0.0100 | pay 0.0050% / 4h | 2h 34m | $5.9M | $9.4M | 75x |
| Short | Injective AXS/USDC PERP | 1.0720 | 0.0033 | get 0.0004% / 1h | 34m 35s | $5 | $47K | 5.5x |
Binance AXSUSDT
Injective AXS/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$14
- Price spread: +0.809% → 0.000%
- $80.87
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $56.85
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Binance: live order book, 5 min ago; Injective: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 5 min ago | 0.47 bp | 15.1 bp −$15 | 41.8 bp −$418 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_AXSUSD | −0.0338% | 1h | 1.0636 | +0.017% | $139K | $324K | 20x | as long as short |
| Injective AXS/USDC PERPshort | +0.0033% | 1h | 1.0720 | +0.809% | $5 | $47K | 5.5x | |
| Orderly PERP_AXS_USDC | +0.0077% | 4h | 1.0630 | −0.038% | $3K | — | 10x | as long as short |
| BloFin AXS-USDT | +0.0082% | 4h | 1.0632 | −0.019% | $271K | $31K | 75x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0656 | +0.207% | $28K | $36K | 5x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0637 | +0.028% | $261K | $294K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0637 | +0.032% | $72K | $11K | 10x | as long as short |
| Binance AXSUSDTlong | +0.0100% | 4h | 1.0634 | long leg | $5.9M | $9.4M | 75x | |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0633 | −0.009% | $3.2M | $3.6M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0636 | +0.019% | $1.4M | $2.7M | 20x | as long as short |
Kraken Futures PF_AXSUSD
Orderly PERP_AXS_USDC
BloFin AXS-USDT
Lighter AXS
Hyperliquid AXS
Aster AXSUSDT
Bybit AXSUSDT
OKX AXS-USDT-SWAPShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate AXS_USDT | +0.0100% | 8h | 1.0628 | −0.056% | $958K | $1.0M | 50x | as long as short |
| MEXC AXS_USDT | +0.0100% | 4h | 1.0632 | −0.019% | $11.1M | $763K | 50x | as long as short |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0630 | −0.038% | $573K | $294K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0630 | −0.038% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0633 | −0.009% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0617 | −0.163% | $36K | $4K | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0611 | −0.213% | $757K | $914K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0631 | −0.028% | $2K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0628 | −0.056% | $705 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0633 | −0.013% | $7K | $156K | 10x | as long as short |
Gate AXS_USDT
MEXC AXS_USDT
KuCoin AXSUSDTM
Bitget AXSUSDT
BingX AXS-USDT
Variational Omni AXS
GRVT AXS_USDT_Perp
SunX AXS-USDT
SoDEX AXS-USD
Extended AXS-USD