Funding you earn now, next payment 22:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.024%
Price spread now: Bitget against Injective−1.213%111s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.148%+$15 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Bitget is 1.213% cheaper against Injective than usual: you would sell low and buy high (spread −1.213% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$121 on $10k: about 2 months of funding at the current rate (+$2 a day). The two prices were read 111 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 | 57m 35s | $5 | $47K | 5.5x |
| Short | Bitget AXSUSDT | 1.0590 | 0.0100 | get 0.0050% / 4h | 2h 57m | $3.1M | $1.2M | 50x |
Injective AXS/USDC PERP
Bitget AXSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: −1.213% → 0.000%
- −$121.27
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$119.29
- Costs to cover
- 0.120%
- Break-even
- 66.6 days
Slippage unknown: Injective: no order-book sample; Bitget: live order book, 5 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 Bitget live order book, 5 min ago | 4.72 bp | 19.7 bp −$20 | 50.7 bp −$507 | doesn't fit | doesn't fit |
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 | −0.0339% | 1h | 1.0608 | −1.049% | $139K | $327K | 20x | as long as short |
| SoDEX AXS-USD | −0.0267% | 1h | 1.0598 | −1.138% | $722 | $3K | 5x | as long as short |
| Injective AXS/USDC PERPlong | +0.0033% | 1h | 1.0720 | long leg | $5 | $47K | 5.5x | |
| Orderly PERP_AXS_USDC | +0.0076% | 4h | 1.0610 | −1.026% | $3K | — | 10x | as long as short |
| BloFin AXS-USDT | +0.0094% | 4h | 1.0611 | −1.017% | $270K | $30K | 75x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0620 | −0.933% | $28K | $36K | 5x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0602 | −1.104% | $261K | $295K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0615 | −0.982% | $72K | $11K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0596 | −1.158% | $5.9M | $9.4M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0598 | −1.138% | $3.2M | $3.6M | 75x | as long as short |
Kraken Futures PF_AXSUSD
SoDEX AXS-USD
Orderly PERP_AXS_USDC
BloFin AXS-USDT
Lighter AXS
Hyperliquid AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0595 | −1.166% | $1.4M | $2.7M | 20x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0608 | −1.045% | $956K | $1.0M | 50x | as long as short |
| MEXC AXS_USDT | +0.0100% | 4h | 1.0598 | −1.138% | $11.1M | $760K | 50x | as long as short |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0610 | −1.026% | $572K | $294K | 50x | as long as short |
| Bitget AXSUSDTshort | +0.0100% | 4h | 1.0590 | −1.213% | $3.1M | $1.2M | 50x | |
| BingX AXS-USDT | +0.0100% | 4h | 1.0600 | −1.119% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0617 | −0.964% | $36K | $4K | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0610 | −1.026% | $752K | $927K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0607 | −1.054% | $2K | $1.3M | 20x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0595 | −1.167% | $7K | $156K | 10x | as long as short |
OKX AXS-USDT-SWAP
Gate AXS_USDT
MEXC AXS_USDT
KuCoin AXSUSDTM
BingX AXS-USDT
Variational Omni AXS
GRVT AXS_USDT_Perp
SunX AXS-USDT
Extended AXS-USD