AXS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0042%/8h= +4.5% APRnext payment +$0.21 per $10,000 · paid last 24h +0.023%

Price spread now: BloFin against Orderly−0.083%7-day average — · you buy dearer than you sell

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

Long on Orderly Short on BloFin

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

Funding pays, the price is against you. BloFin is 0.083% cheaper against Orderly than usual: you would sell low and buy high (spread −0.083% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 6.7 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_AXS_USDC	1.0840	0.0080	pay 0.0040% / 4h	0m 45s	$3K	—	10x
Short	BloFin AXS-USDT	1.0831	0.0122	get 0.0061% / 4h	0m 45s	$274K	$18K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.083%Rate

Funding earned: $8.73
Price spread: −0.083% → 0.000%: −$8.3
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$17.58
Costs to cover: 0.180%
Break-even: 21.1 days

Slippage unknown: Orderly: no order-book sample; BloFin: live order book, 6 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 BloFin live order book, 6 min ago	0.46 bp	17.3 bp −$17	33.1 bp −$331	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	−0.0238%	1h	1.0845	+0.048%	$142K	$315K	20x	as long as short
Injective AXS/USDC PERP	+0.0033%	1h	1.0720	−1.107%	$5	$47K	5.5x	as long as short
Orderly PERP_AXS_USDClong	+0.0080%	4h	1.0840	long leg	$3K	—	10x
Lighter AXS	+0.0096%	1h	1.0874	+0.314%	$29K	$36K	5x	as long as short
Hyperliquid AXS	+0.0100%	1h	1.0852	+0.111%	$267K	$297K	5x	as long as short
Aster AXSUSDT	+0.0100%	4h	1.0851	+0.098%	$74K	$12K	10x	as long as short
Binance AXSUSDT	+0.0100%	4h	1.0848	+0.074%	$6.1M	$9.6M	75x	as long as short
Bybit AXSUSDT	+0.0100%	8h	1.0857	+0.157%	$3.7M	$4.1M	75x	as long as short
OKX AXS-USDT-SWAP	+0.0100%	4h	1.0845	+0.046%	$1.5M	$3.0M	20x	as long as short
Gate AXS_USDT	+0.0100%	8h	1.0849	+0.083%	$977K	$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	1.0837	−0.028%	$11.5M	$753K	50x	as long as short
KuCoin AXSUSDTM	+0.0100%	4h	1.0850	+0.092%	$615K	$304K	50x	as long as short
Bitget AXSUSDT	+0.0100%	4h	1.0850	+0.092%	$3.2M	$1.2M	50x	as long as short
BingX AXS-USDT	+0.0100%	4h	1.0847	+0.065%	—	$2.6M	—	as long as short
Variational Omni AXS	+0.0100%	8h	1.0838	−0.023%	$37K	$4K	—	as long as short
GRVT AXS_USDT_Perp	+0.0100%	4h	1.0775	−0.598%	$764K	$906K	10x	as long as short
SunX AXS-USDT	+0.0100%	4h	1.0832	−0.074%	$1K	$1.3M	20x	as long as short
SoDEX AXS-USD	+0.0100%	1h	1.0838	−0.018%	$726	$3K	5x	as long as short
Extended AXS-USD	+0.0104%	1h	1.0848	+0.078%	$7K	$156K	10x	as long as short
BloFin AXS-USDTshort	+0.0122%	4h	1.0831	−0.083%	$274K	$18K	75x