AXS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0029%/8h= +3.2% APRnext payment +$0.15 per $10,000 · paid last 24h +0.020%

Price spread now: Binance against Orderly+0.019%7-day average — · you sell dearer than you buy

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

Long on Orderly Short on Binance

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_AXS_USDC	1.0650	0.0071	pay 0.0035% / 4h	1h 43m	$3K	—	10x
Short	Binance AXSUSDT	1.0652	0.0100	get 0.0050% / 4h	1h 43m	$6.0M	$9.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Orderly. 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 OrderlybpFee BinancebpOrdersPrice spread, now +0.019%Rate

Funding earned: $6.18
Price spread: +0.019% → 0.000%: $1.88
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Binance: 5 bp × 2 orders: −$10
Net: −$7.94
Costs to cover: 0.160%
Break-even: 16.0 days

Slippage unknown: Orderly: no order-book sample; Binance: live order book, 11 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 Orderly no order-book sample	—	—	—	—	—
Sell Binance live order book, 11 min ago	1.88 bp	20.0 bp −$20	50.9 bp −$509	doesn't fit	doesn't fit

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	−0.0475%	1h	1.0659	+0.082%	$140K	$320K	20x	as long as short
Injective AXS/USDC PERP	+0.0033%	1h	1.0720	+0.657%	$5	$47K	5.5x	as long as short
OKX AXS-USDT-SWAP	+0.0037%	4h	1.0653	+0.028%	$1.4M	$2.7M	20x	as long as short
Orderly PERP_AXS_USDClong	+0.0071%	4h	1.0650	long leg	$3K	—	10x
Lighter AXS	+0.0096%	1h	1.0671	+0.197%	$28K	$36K	5x	as long as short
Hyperliquid AXS	+0.0100%	1h	1.0657	+0.070%	$261K	$293K	5x	as long as short
Aster AXSUSDT	+0.0100%	4h	1.0659	+0.080%	$72K	$11K	10x	as long as short
Binance AXSUSDTshort	+0.0100%	4h	1.0652	+0.019%	$6.0M	$9.3M	75x
Bybit AXSUSDT	+0.0100%	8h	1.0650	0.000%	$3.2M	$3.6M	75x	as long as short
Gate AXS_USDT	+0.0100%	8h	1.0653	+0.028%	$959K	$1.0M	50x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC AXS_USDT	+0.0100%	4h	1.0651	+0.009%	$11.1M	$720K	50x	as long as short
KuCoin AXSUSDTM	+0.0100%	4h	1.0650	0.000%	$582K	$294K	50x	as long as short
Bitget AXSUSDT	+0.0100%	4h	1.0650	0.000%	$3.1M	$1.2M	50x	as long as short
BingX AXS-USDT	+0.0100%	4h	1.0640	−0.094%	—	$2.6M	—	as long as short
Variational Omni AXS	+0.0100%	8h	1.0630	−0.183%	$36K	$4K	—	as long as short
GRVT AXS_USDT_Perp	+0.0100%	4h	1.0640	−0.094%	$751K	$862K	10x	as long as short
SunX AXS-USDT	+0.0100%	4h	1.0656	+0.056%	$2K	$1.3M	20x	as long as short
SoDEX AXS-USD	+0.0100%	1h	1.0647	−0.028%	$674	$3K	5x	as long as short
Extended AXS-USD	+0.0104%	1h	1.0653	+0.029%	$7K	$156K	10x	as long as short
BloFin AXS-USDT	+0.0118%	4h	1.0650	0.000%	$272K	$17K	75x	as long as short