AXS

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0020%/8h= +2.1% APRnext payment +$0.10 per $10,000 · paid last 24h +0.020%

Price spread now: OKX against Orderly−0.028%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 OKX

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. OKX is 0.028% cheaper against Orderly than usual: you would sell low and buy high (spread −0.028% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 4.7 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	3h 59m	$3K	—	10x
Short	OKX AXS-USDT-SWAP	1.0837	0.0100	get 0.0050% / 4h	3h 59m	$1.5M	$3.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.028%Rate

Funding earned: $4.11
Price spread: −0.028% → 0.000%: −$2.77
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee OKX: 5 bp × 2 orders: −$10
Net: −$14.66
Costs to cover: 0.160%
Break-even: 32.0 days

Slippage unknown: Orderly: no order-book sample; OKX: live order book, 3 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 OKX live order book, 3 min ago	1.85 bp	21.0 bp −$21	doesn't fit	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	−0.0259%	1h	1.0849	+0.079%	$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	1.0859	+0.175%	$29K	$36K	5x	as long as short
Hyperliquid AXS	+0.0100%	1h	1.0842	+0.018%	$267K	$297K	5x	as long as short
Aster AXSUSDT	+0.0100%	4h	1.0843	+0.027%	$74K	$12K	10x	as long as short
Binance AXSUSDT	+0.0100%	4h	1.0841	+0.009%	$6.1M	$9.6M	75x	as long as short
Bybit AXSUSDT	+0.0100%	8h	1.0850	+0.092%	$3.7M	$4.1M	75x	as long as short
OKX AXS-USDT-SWAPshort	+0.0100%	4h	1.0837	−0.028%	$1.5M	$3.0M	20x
Gate AXS_USDT	+0.0100%	8h	1.0843	+0.028%	$976K	$903K	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	1.0836	−0.037%	$11.5M	$741K	50x	as long as short
KuCoin AXSUSDTM	+0.0100%	4h	1.0840	0.000%	$615K	$304K	50x	as long as short
Bitget AXSUSDT	+0.0100%	4h	1.0840	0.000%	$3.2M	$1.2M	50x	as long as short
BingX AXS-USDT	+0.0100%	4h	1.0844	+0.037%	—	$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	1.0820	−0.185%	$768K	$906K	10x	as long as short
SunX AXS-USDT	+0.0100%	4h	1.0843	+0.028%	$2K	$1.3M	20x	as long as short
SoDEX AXS-USD	+0.0100%	1h	1.0842	+0.018%	$722	$3K	5x	as long as short
Extended AXS-USD	+0.0104%	1h	1.0839	−0.011%	$7K	$155K	10x	as long as short
BloFin AXS-USDT	+0.0122%	4h	1.0831	−0.083%	$274K	$18K	75x	as long as short