AXS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0018%/8h= −1.9% APRnext payment −$0.09 per $10,000 · paid last 24h −0.003%

Price spread now: SunX against BloFin−0.038%55s7-day average +0.005% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.110%−$11 on $10k

Price spread, last 3 days (all we have)+0.133%+$13 · spread now −0.038%, 7d avg +0.005%

Together, before fees+0.023%+$2 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and SunX is 0.042% cheaper against BloFin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.005%). Swap the legs. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin AXS-USDT	1.0629	0.0118	pay 0.0059% / 4h	1h 29m	$271K	$17K	75x
Short	SunX AXS-USDT	1.0625	0.0100	get 0.0050% / 4h	1h 29m	$2K	$1.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against BloFin. 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

Position, each leg$Hold fordaysFee BloFinbpFee SunXbpOrdersPrice spread, now −0.038%Rate

Funding earned: −$3.73
Price spread: −0.038% → +0.005%: −$4.24
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$27.96
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 46 min ago; SunX: live order book, 4 min ago. 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 BloFin live order book, 46 min ago	1.88 bp	17.4 bp −$17	34.7 bp −$347	doesn't fit	doesn't fit
Sell SunX live order book, 4 min ago	500.40 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

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	−0.0477%	1h	1.0628	−0.010%	$139K	$305K	20x	as long as short
OKX AXS-USDT-SWAP	+0.0031%	4h	1.0623	−0.056%	$1.4M	$2.7M	20x	as long as short
Injective AXS/USDC PERP	+0.0033%	1h	1.0720	+0.856%	$5	$47K	5.5x	as long as short
Orderly PERP_AXS_USDC	+0.0068%	4h	1.0620	−0.085%	$3K	—	10x	as long as short
Lighter AXS	+0.0096%	1h	1.0644	+0.141%	$28K	$36K	5x	as long as short
Hyperliquid AXS	+0.0100%	1h	1.0624	−0.047%	$262K	$296K	5x	as long as short
Aster AXSUSDT	+0.0100%	4h	1.0636	+0.062%	$72K	$11K	10x	as long as short
Binance AXSUSDT	+0.0100%	4h	1.0621	−0.075%	$5.9M	$9.2M	75x	as long as short
Bybit AXSUSDT	+0.0100%	8h	1.0623	−0.056%	$3.2M	$3.6M	75x	as long as short
Gate AXS_USDT	+0.0100%	8h	1.0631	+0.019%	$957K	$1.0M	50x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC AXS_USDT	+0.0100%	4h	1.0619	−0.094%	$11.1M	$725K	50x	as long as short
KuCoin AXSUSDTM	+0.0100%	4h	1.0640	+0.103%	$589K	$297K	50x	as long as short
Bitget AXSUSDT	+0.0100%	4h	1.0620	−0.085%	$3.1M	$1.2M	50x	as long as short
BingX AXS-USDT	+0.0100%	4h	1.0624	−0.047%	—	$2.6M	—	as long as short
Variational Omni AXS	+0.0100%	8h	1.0633	+0.039%	$36K	$4K	—	as long as short
GRVT AXS_USDT_Perp	+0.0100%	4h	1.0639	+0.090%	$759K	$870K	10x	as long as short
SunX AXS-USDTshort	+0.0100%	4h	1.0625	−0.038%	$2K	$1.3M	20x
SoDEX AXS-USD	+0.0100%	1h	1.0618	−0.103%	$674	$3K	5x	as long as short
Extended AXS-USD	+0.0104%	1h	1.0619	−0.094%	$7K	$156K	10x	as long as short
BloFin AXS-USDTlong	+0.0118%	4h	1.0629	long leg	$271K	$17K	75x