AXS

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h −0.023%

Price spread now: Injective against SoDEX+0.572%7-day average — · you sell dearer than you buy

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

Long on SoDEX Short on Injective

What this pair did over the last

the charts below follow

Funding, last 3 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

The price spread pays, funding is against you. Injective is 0.572% dearer against SoDEX than usual: you sell high and buy low (spread +0.572% now, against zero (this spread has no 7-day history yet)): +$57 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 29 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX AXS-USD	1.0659	0.0100	pay 0.0013% / 1h	20m 27s	$708	$3K	5x
Short	Injective AXS/USDC PERP	1.0720	0.0033	get 0.0004% / 1h	20m 27s	$5	$47K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against SoDEX. 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 SoDEXbpFee InjectivebpOrdersPrice spread, now +0.572%Rate

Funding earned: −$14
Price spread: +0.572% → 0.000%: $57.23
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $35.21
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: SoDEX: no order-book sample; Injective: no order-book sample. 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 SoDEX no order-book sample	—	—	—	—	—
Sell Injective no order-book sample	—	—	—	—	—

SoDEX and Injective: 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	−0.0337%	1h	1.0670	+0.099%	$140K	$322K	20x	as long as short
Injective AXS/USDC PERPshort	+0.0033%	1h	1.0720	+0.572%	$5	$47K	5.5x
Orderly PERP_AXS_USDC	+0.0077%	4h	1.0660	+0.009%	$3K	—	10x	as long as short
BloFin AXS-USDT	+0.0083%	4h	1.0661	+0.019%	$272K	$30K	75x	as long as short
Lighter AXS	+0.0096%	1h	1.0682	+0.216%	$28K	$36K	5x	as long as short
Hyperliquid AXS	+0.0100%	1h	1.0663	+0.038%	$262K	$291K	5x	as long as short
Aster AXSUSDT	+0.0100%	4h	1.0661	+0.019%	$72K	$11K	10x	as long as short
Binance AXSUSDT	+0.0100%	4h	1.0659	0.000%	$5.9M	$9.3M	75x	as long as short
Bybit AXSUSDT	+0.0100%	8h	1.0654	−0.047%	$3.2M	$3.6M	75x	as long as short
OKX AXS-USDT-SWAP	+0.0100%	4h	1.0657	−0.019%	$1.4M	$2.7M	20x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate AXS_USDT	+0.0100%	8h	1.0656	−0.028%	$961K	$1.0M	50x	as long as short
MEXC AXS_USDT	+0.0100%	4h	1.0658	−0.009%	$11.1M	$764K	50x	as long as short
KuCoin AXSUSDTM	+0.0100%	4h	1.0660	+0.009%	$575K	$291K	50x	as long as short
Bitget AXSUSDT	+0.0100%	4h	1.0660	+0.009%	$3.1M	$1.2M	50x	as long as short
BingX AXS-USDT	+0.0100%	4h	1.0657	−0.019%	—	$2.6M	—	as long as short
Variational Omni AXS	+0.0100%	8h	1.0661	+0.020%	$36K	$4K	—	as long as short
GRVT AXS_USDT_Perp	+0.0100%	4h	1.0660	+0.009%	$760K	$914K	10x	as long as short
SunX AXS-USDT	+0.0100%	4h	1.0658	−0.009%	$2K	$1.3M	20x	as long as short
SoDEX AXS-USDlong	+0.0100%	1h	1.0659	long leg	$708	$3K	5x
Extended AXS-USD	+0.0104%	1h	1.0659	+0.003%	$7K	$156K	10x	as long as short