Funding you earn now, next payment 00:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.034%
Price spread now: BingX against Injective+0.541%57s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.183%+$18 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BingX is 0.541% dearer against Injective than usual: you sell high and buy low: +$54 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 57 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 | Injective AXS/USDC PERP | 1.0720 | 0.0033 | pay 0.0004% / 1h | 6m 26s | $5 | $47K | 5.5x |
| Short | BingX AXS-USDT | 1.0778 | 0.0100 | get 0.0050% / 4h | 6m 26s | — | $2.6M | — |
Injective AXS/USDC PERP
BingX AXS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Injective. 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: +0.541% → 0.000%
- $54.1
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $58.08
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; BingX: live order book, 3 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 Injective no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 3 min ago | 4.17 bp | 15.2 bp −$15 | 38.9 bp −$389 | 302.9 bp −$30.3K | 436.9 bp −$218.4K |
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 | −0.0239% | 1h | 1.0784 | +0.598% | $141K | $315K | 20x | as long as short |
| Injective AXS/USDC PERPlong | +0.0033% | 1h | 1.0720 | long leg | $5 | $47K | 5.5x | |
| BloFin AXS-USDT | +0.0061% | 4h | 1.0774 | +0.504% | $274K | $17K | 75x | as long as short |
| Orderly PERP_AXS_USDC | +0.0080% | 4h | 1.0780 | +0.560% | $3K | — | 10x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0800 | +0.746% | $29K | $36K | 5x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0781 | +0.569% | $265K | $297K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0785 | +0.603% | $74K | $12K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0774 | +0.508% | $6.1M | $9.6M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0787 | +0.625% | $3.7M | $4.0M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0771 | +0.476% | $1.4M | $2.9M | 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_USDT | +0.0100% | 8h | 1.0786 | +0.616% | $971K | $1.0M | 50x | as long as short |
| MEXC AXS_USDT | +0.0100% | 4h | 1.0784 | +0.597% | $11.5M | $751K | 50x | as long as short |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0790 | +0.653% | $612K | $304K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0780 | +0.560% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDTshort | +0.0100% | 4h | 1.0778 | +0.541% | — | $2.6M | — | |
| Variational Omni AXS | +0.0100% | 8h | 1.0786 | +0.616% | $37K | $4K | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0780 | +0.560% | $770K | $893K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0781 | +0.569% | $2K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0772 | +0.485% | $717 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0775 | +0.511% | $7K | $156K | 10x | as long as short |
Gate AXS_USDT
MEXC AXS_USDT
KuCoin AXSUSDTM
Bitget AXSUSDT
Variational Omni AXS
GRVT AXS_USDT_Perp
SunX AXS-USDT
SoDEX AXS-USD
Extended AXS-USD