AXS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0006%/8h= +0.6% APRnext payment +$0.03 per $10,000 · paid last 24h +0.016%

Price spread now: GRVT against Orderly0.000%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 GRVT

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—+ Points / potential airdropGRVT: Active · farm boardneeds both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_AXS_USDC	1.0740	0.0094	pay 0.0047% / 4h	3h 11m	$3K	—	10x
Short	GRVT AXS_USDT_Perp	1.0740	0.0100	get 0.0050% / 4h	3h 11m	$762K	$892K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now 0.000%Rate

Funding earned: $1.22
Price spread: 0.000% → 0.000%: $0
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$13.78
Costs to cover: 0.150%
Break-even: 86.2 days

Slippage unknown: Orderly: no order-book sample; GRVT: live order book, 42 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 GRVT live order book, 42 min ago	4.63 bp	18.2 bp −$18	117.1 bp −$1,171	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
Injective AXS/USDC PERP	+0.0033%	1h	1.0720	−0.186%	$5	$47K	5.5x	as long as short
Orderly PERP_AXS_USDClong	+0.0094%	4h	1.0740	long leg	$3K	—	10x
Hyperliquid AXS	+0.0100%	1h	1.0745	+0.047%	$261K	$310K	5x	as long as short
Aster AXSUSDT	+0.0100%	4h	1.0745	+0.048%	$73K	$14K	10x	as long as short
Binance AXSUSDT	+0.0100%	4h	1.0742	+0.019%	$6.1M	$10.4M	75x	as long as short
Bybit AXSUSDT	+0.0100%	8h	1.0744	+0.037%	$3.7M	$4.2M	75x	as long as short
OKX AXS-USDT-SWAP	+0.0100%	4h	1.0738	−0.019%	$1.4M	$2.9M	20x	as long as short
Gate AXS_USDT	+0.0100%	8h	1.0740	0.000%	$853K	$898K	50x	as long as short
MEXC AXS_USDT	+0.0100%	4h	1.0740	0.000%	$11.5M	$698K	50x	as long as short
KuCoin AXSUSDTM	+0.0100%	4h	1.0750	+0.093%	$602K	$282K	50x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget AXSUSDT	+0.0100%	4h	1.0740	0.000%	$3.1M	$1.2M	50x	as long as short
BingX AXS-USDT	+0.0100%	4h	1.0741	+0.009%	—	$2.6M	—	as long as short
Variational Omni AXS	+0.0100%	8h	1.0750	+0.090%	$37K	$953	—	as long as short
GRVT AXS_USDT_Perpshort	+0.0100%	4h	1.0740	0.000%	$762K	$892K	10x
SunX AXS-USDT	+0.0100%	4h	1.0738	−0.019%	$2K	$1.4M	20x	as long as short
SoDEX AXS-USD	+0.0100%	1h	1.0741	+0.009%	$756	$3K	5x	as long as short
Extended AXS-USD	+0.0104%	1h	1.0738	−0.021%	$7K	$211K	10x	as long as short
Lighter AXS	+0.0120%	1h	1.0771	+0.289%	$37K	$39K	5x	as long as short
BloFin AXS-USDT	+0.0122%	4h	1.0739	−0.009%	$275K	$26K	75x	as long as short
Kraken Futures PF_AXSUSD	+0.0212%	1h	1.0747	+0.068%	$141K	$345K	20x	as long as short