Funding you earn now, next payment 04:00 UTC+0.0007%/8h= +0.7% APRnext payment +$0.03 per $10,000 · paid last 24h +0.023%
Price spread now: BingX 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
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
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_AXS_USDC | 1.0750 | 0.0093 | pay 0.0047% / 4h | 2m 13s | $3K | — | 10x |
| Short | BingX AXS-USDT | 1.0752 | 0.0100 | get 0.0050% / 4h | 2m 13s | — | $2.6M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Orderly. 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
- $1.42
- Price spread: +0.019% → 0.000%
- $1.86
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$12.72
- Costs to cover
- 0.160%
- Break-even
- 69.7 days
Slippage unknown: Orderly: no order-book sample; BingX: live order book, 7 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 BingX live order book, 7 min ago | 4.64 bp | 20.6 bp −$21 | 44.7 bp −$447 | 321.2 bp −$32.1K | 477.6 bp −$238.8K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective AXS/USDC PERP | +0.0033% | 1h | 1.0720 | −0.279% | $5 | $47K | 5.5x | as long as short |
| Orderly PERP_AXS_USDClong | +0.0093% | 4h | 1.0750 | long leg | $3K | — | 10x | |
| Lighter AXS | +0.0096% | 1h | 1.0780 | +0.279% | $33K | $41K | 5x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0758 | +0.074% | $260K | $310K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0753 | +0.032% | $73K | $14K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0755 | +0.047% | $6.1M | $10.4M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0759 | +0.084% | $3.7M | $4.2M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0754 | +0.037% | $1.4M | $2.9M | 20x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0748 | −0.019% | $855K | $903K | 50x | as long as short |
| MEXC AXS_USDT | +0.0100% | 4h | 1.0746 | −0.037% | $11.5M | $686K | 50x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0750 | 0.000% | $602K | $298K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0750 | 0.000% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDTshort | +0.0100% | 4h | 1.0752 | +0.019% | — | $2.6M | — | |
| Variational Omni AXS | +0.0100% | 8h | 1.0745 | −0.045% | $37K | $953 | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0748 | −0.015% | $768K | $901K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0753 | +0.028% | $1K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0755 | +0.047% | $764 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0752 | +0.018% | $10K | $242K | 10x | as long as short |
| BloFin AXS-USDT | +0.0132% | 4h | 1.0755 | +0.047% | $277K | $25K | 75x | as long as short |
| Kraken Futures PF_AXSUSD | +0.0436% | 1h | 1.0771 | +0.192% | $140K | $341K | 20x | as long as short |
BingX AXS-USDT
Injective AXS/USDC PERP
Lighter AXS
Hyperliquid AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDT
OKX AXS-USDT-SWAP
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
BloFin AXS-USDT
Kraken Futures PF_AXSUSD