AXS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0023%/8h= −2.5% APRnext payment −$0.11 per $10,000 · paid last 24h −0.020%

Price spread now: Orderly against OKX−0.028%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on OKX Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Orderly is 0.028% cheaper against OKX than usual: you would sell low and buy high (−$3 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	OKX AXS-USDT-SWAP	1.0633	0.0100	pay 0.0050% / 4h	2h 29m	$1.4M	$2.7M	20x
Short	Orderly PERP_AXS_USDC	1.0630	0.0077	get 0.0039% / 4h	2h 29m	$3K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against OKX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee OKXbpFee OrderlybpOrdersPrice spread, now −0.028%Rate

Funding earned: −$4.74
Price spread: −0.028% → 0.000%: −$2.82
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$23.56
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: OKX: live order book, 3 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 OKX live order book, 3 min ago	0.47 bp	18.0 bp −$18	doesn't fit	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
Kraken Futures PF_AXSUSD	−0.0338%	1h	1.0645	+0.117%	$139K	$325K	20x	as long as short
Injective AXS/USDC PERP	+0.0033%	1h	1.0720	+0.818%	$5	$47K	5.5x	as long as short
BloFin AXS-USDT	+0.0044%	4h	1.0626	−0.066%	$271K	$31K	75x	as long as short
Orderly PERP_AXS_USDCshort	+0.0077%	4h	1.0630	−0.028%	$3K	—	10x
Lighter AXS	+0.0096%	1h	1.0655	+0.207%	$28K	$36K	5x	as long as short
Hyperliquid AXS	+0.0100%	1h	1.0636	+0.028%	$261K	$294K	5x	as long as short
Aster AXSUSDT	+0.0100%	4h	1.0639	+0.052%	$72K	$11K	10x	as long as short
Binance AXSUSDT	+0.0100%	4h	1.0631	−0.021%	$5.9M	$9.4M	75x	as long as short
Bybit AXSUSDT	+0.0100%	8h	1.0629	−0.038%	$3.2M	$3.6M	75x	as long as short
OKX AXS-USDT-SWAPlong	+0.0100%	4h	1.0633	long leg	$1.4M	$2.7M	20x

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate AXS_USDT	+0.0100%	8h	1.0632	−0.009%	$959K	$1.0M	50x	as long as short
MEXC AXS_USDT	+0.0100%	4h	1.0630	−0.028%	$11.1M	$763K	50x	as long as short
KuCoin AXSUSDTM	+0.0100%	4h	1.0640	+0.066%	$574K	$294K	50x	as long as short
Bitget AXSUSDT	+0.0100%	4h	1.0630	−0.028%	$3.1M	$1.2M	50x	as long as short
BingX AXS-USDT	+0.0100%	4h	1.0634	+0.009%	—	$2.6M	—	as long as short
Variational Omni AXS	+0.0100%	8h	1.0625	−0.075%	$36K	$4K	—	as long as short
GRVT AXS_USDT_Perp	+0.0100%	4h	1.0628	−0.045%	$758K	$914K	10x	as long as short
SunX AXS-USDT	+0.0100%	4h	1.0633	0.000%	$2K	$1.3M	20x	as long as short
SoDEX AXS-USD	+0.0100%	1h	1.0636	+0.028%	$702	$3K	5x	as long as short
Extended AXS-USD	+0.0104%	1h	1.0631	−0.023%	$7K	$156K	10x	as long as short