Funding you earn now, next payment 09:00 UTC−0.0010%/8h= −1.1% APRpaid last 24h −0.014%
Price spread now: Orderly against Extended−0.123%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Orderly is 0.123% cheaper against Extended than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended AXS-USD | 1.0693 | 0.0104 | pay 0.0013% / 1h | 22m 25s | $9K | $250K | 10x |
| Short | Orderly PERP_AXS_USDC | 1.0680 | 0.0094 | get 0.0047% / 4h | 3h 22m | $3K | — | 10x |
Extended AXS-USD
Orderly PERP_AXS_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$2.07
- Price spread: −0.123% → 0.000%
- −$12.31
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$25.38
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 9 min ago; Orderly: 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, 9 min ago | 1.51 bp | 21.1 bp −$21 | 168.1 bp −$1,681 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 PERP | +0.0033% | 1h | 1.0580 | −1.058% | $1K | $48K | 5.5x | as long as short |
| BloFin AXS-USDT | +0.0083% | 4h | 1.0681 | −0.114% | $282K | $29K | 75x | as long as short |
| Orderly PERP_AXS_USDCshort | +0.0094% | 4h | 1.0680 | −0.123% | $3K | — | 10x | |
| Lighter AXS | +0.0096% | 1h | 1.0719 | +0.242% | $36K | $42K | 5x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0700 | +0.064% | $256K | $704K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0694 | +0.012% | $72K | $17K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0697 | +0.036% | $6.0M | $10.8M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0702 | +0.083% | $3.7M | $4.3M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0696 | +0.027% | $1.4M | $3.0M | 20x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0695 | +0.017% | $845K | $525K | 50x | as long as short |
Injective AXS/USDC PERP
BloFin AXS-USDT
Lighter AXS
Hyperliquid AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDT
OKX AXS-USDT-SWAP
Gate AXS_USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC AXS_USDT | +0.0100% | 4h | 1.0694 | +0.008% | $11.6M | $715K | 50x | as long as short |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0700 | +0.064% | $590K | $278K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0700 | +0.064% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0691 | −0.020% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0595 | −0.914% | $36K | $953 | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0616 | −0.723% | $757K | $863K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0686 | −0.067% | $1K | $1.4M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0684 | −0.086% | $780 | $3K | 5x | as long as short |
| Extended AXS-USDlong | +0.0104% | 1h | 1.0693 | long leg | $9K | $250K | 10x | |
| Kraken Futures PF_AXSUSD | +0.0465% | 1h | 1.0684 | −0.082% | $146K | $337K | 20x | as long as short |
MEXC AXS_USDT
KuCoin AXSUSDTM
Bitget AXSUSDT
BingX AXS-USDT
Variational Omni AXS
GRVT AXS_USDT_Perp
SunX AXS-USDT
SoDEX AXS-USD
Kraken Futures PF_AXSUSD