Settings8H · net · $10k
Funding arb · Price arb /

AXS

all AXS markets
SwapBacktest
Alert: funding
Alert: spread
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
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_AXS_USDC1.07500.0093pay 0.0047% / 4h2m 13s$3K10x
ShortBingX AXS-USDT1.07520.0100get 0.0050% / 4h2m 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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell BingX live order book, 7 min ago4.64 bp20.6 bp −$2144.7 bp −$447321.2 bp −$32.1K477.6 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective AXS/USDC PERP+0.0033%1h1.0720−0.279%$5$47K5.5xas long as short
Orderly PERP_AXS_USDClong+0.0093%4h1.0750long leg$3K10x
Lighter AXS+0.0096%1h1.0780+0.279%$33K$41K5xas long as short
Hyperliquid AXS+0.0100%1h1.0758+0.074%$260K$310K5xas long as short
Aster AXSUSDT+0.0100%4h1.0753+0.032%$73K$14K10xas long as short
Binance AXSUSDT+0.0100%4h1.0755+0.047%$6.1M$10.4M75xas long as short
Bybit AXSUSDT+0.0100%8h1.0759+0.084%$3.7M$4.2M75xas long as short
OKX AXS-USDT-SWAP+0.0100%4h1.0754+0.037%$1.4M$2.9M20xas long as short
Gate AXS_USDT+0.0100%8h1.0748−0.019%$855K$903K50xas long as short
MEXC AXS_USDT+0.0100%4h1.0746−0.037%$11.5M$686K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin AXSUSDTM+0.0100%4h1.07500.000%$602K$298K50xas long as short
Bitget AXSUSDT+0.0100%4h1.07500.000%$3.1M$1.2M50xas long as short
BingX AXS-USDTshort+0.0100%4h1.0752+0.019%$2.6M
Variational Omni AXS+0.0100%8h1.0745−0.045%$37K$953as long as short
GRVT AXS_USDT_Perp+0.0100%4h1.0748−0.015%$768K$901K10xas long as short
SunX AXS-USDT+0.0100%4h1.0753+0.028%$1K$1.3M20xas long as short
SoDEX AXS-USD+0.0100%1h1.0755+0.047%$764$3K5xas long as short
Extended AXS-USD+0.0104%1h1.0752+0.018%$10K$242K10xas long as short
BloFin AXS-USDT+0.0132%4h1.0755+0.047%$277K$25K75xas long as short
Kraken Futures PF_AXSUSD+0.0436%1h1.0771+0.192%$140K$341K20xas long as short