Funding you earn now, next payment 22:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.024%
Price spread now: Injective against Gate+1.084%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−0.148%−$15 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 1.084% dearer against Gate than usual: you sell high and buy low (spread +1.084% now, against zero (this spread has no 7-day history yet)): +$108 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 54 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate AXS_USDT | 1.0605 | 0.0100 | pay 0.0100% / 8h | 2h 54m | $956K | $1.0M | 50x |
| Short | Injective AXS/USDC PERP | 1.0720 | 0.0033 | get 0.0004% / 1h | 54m 42s | $5 | $47K | 5.5x |
Gate AXS_USDT
Injective AXS/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Gate. 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: +1.084% → 0.000%
- $108.44
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $79.42
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Gate: live order book, 2 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 Gate live order book, 2 min ago | 13.20 bp | 74.6 bp −$75 | 457.9 bp −$4,579 | 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 | 1.0631 | +0.243% | $139K | $325K | 20x | as long as short |
| Injective AXS/USDC PERPshort | +0.0033% | 1h | 1.0720 | +1.084% | $5 | $47K | 5.5x | |
| BloFin AXS-USDT | +0.0044% | 4h | 1.0629 | +0.226% | $272K | $30K | 75x | as long as short |
| Orderly PERP_AXS_USDC | +0.0077% | 4h | 1.0630 | +0.236% | $3K | — | 10x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0627 | +0.207% | $28K | $36K | 5x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0609 | +0.038% | $261K | $293K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0627 | +0.206% | $72K | $11K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0603 | −0.021% | $5.9M | $9.4M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0601 | −0.038% | $3.2M | $3.6M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0587 | −0.170% | $1.4M | $2.7M | 20x | as long as short |
Kraken Futures PF_AXSUSD
BloFin AXS-USDT
Orderly PERP_AXS_USDC
Lighter AXS
Hyperliquid AXS
Aster AXSUSDT
Binance 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_USDTlong | +0.0100% | 8h | 1.0605 | long leg | $956K | $1.0M | 50x | |
| MEXC AXS_USDT | +0.0100% | 4h | 1.0602 | −0.028% | $11.1M | $760K | 50x | as long as short |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0600 | −0.047% | $572K | $294K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0590 | −0.141% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0593 | −0.113% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0602 | −0.029% | $36K | $4K | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0600 | −0.047% | $751K | $927K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0625 | +0.189% | $2K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0626 | +0.198% | $722 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0602 | −0.033% | $7K | $156K | 10x | 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
Extended AXS-USD