Funding you earn now, next payment 04:00 UTC−0.0071%/8h= −7.7% APRnext payment −$0.09 per $10,000 · paid last 24h −0.025%
Price spread now: Injective against Extended−0.297%80s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.139%−$14 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 0.297% cheaper against Extended than usual: you would sell low and buy high (−$30 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 80 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 | Extended AXS-USD | 1.0752 | 0.0104 | pay 0.0013% / 1h | 1m 52s | $10K | $242K | 10x |
| Short | Injective AXS/USDC PERP | 1.0720 | 0.0033 | get 0.0004% / 1h | 1m 52s | $5 | $47K | 5.5x |
Extended AXS-USD
Injective AXS/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Extended. 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
- −$14.84
- Price spread: −0.297% → 0.000%
- −$29.71
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$49.57
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 55 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 Extended live order book, 55 min ago | 0.98 bp | 17.7 bp −$18 | 142.8 bp −$1,428 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective AXS/USDC PERPshort | +0.0033% | 1h | 1.0720 | −0.297% | $5 | $47K | 5.5x | |
| Orderly PERP_AXS_USDC | +0.0093% | 4h | 1.0750 | −0.018% | $3K | — | 10x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0780 | +0.261% | $33K | $41K | 5x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0776 | +0.224% | $261K | $310K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0755 | +0.029% | $73K | $14K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0759 | +0.070% | $6.1M | $10.4M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0762 | +0.094% | $3.7M | $4.2M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0768 | +0.149% | $1.4M | $3.0M | 20x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0751 | −0.009% | $855K | $903K | 50x | as long as short |
| MEXC AXS_USDT | +0.0100% | 4h | 1.0751 | −0.009% | $11.5M | $686K | 50x | as long as short |
Orderly PERP_AXS_USDC
Lighter AXS
Hyperliquid AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDT
OKX AXS-USDT-SWAP
Gate AXS_USDT
MEXC AXS_USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0750 | −0.018% | $602K | $295K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0770 | +0.168% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0754 | +0.019% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0745 | −0.063% | $37K | $953 | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0748 | −0.033% | $768K | $901K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0753 | +0.010% | $1K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0755 | +0.028% | $764 | $3K | 5x | as long as short |
| Extended AXS-USDlong | +0.0104% | 1h | 1.0752 | long leg | $10K | $242K | 10x | |
| BloFin AXS-USDT | +0.0132% | 4h | 1.0755 | +0.028% | $277K | $25K | 75x | as long as short |
| Kraken Futures PF_AXSUSD | +0.0436% | 1h | 1.0771 | +0.174% | $140K | $341K | 20x | as long as short |
KuCoin AXSUSDTM
Bitget AXSUSDT
BingX AXS-USDT
Variational Omni AXS
GRVT AXS_USDT_Perp
SunX AXS-USDT
SoDEX AXS-USD
BloFin AXS-USDT
Kraken Futures PF_AXSUSD