Funding you earn now, next payment 01:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.024%
Price spread now: Injective against SunX−0.381%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.148%−$15 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 0.381% cheaper against SunX than usual: you would sell low and buy high (−$38 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX AXS-USDT | 1.0761 | 0.0100 | pay 0.0050% / 4h | 3h 16m | $2K | $1.3M | 20x |
| Short | Injective AXS/USDC PERP | 1.0720 | 0.0033 | get 0.0004% / 1h | 16m 58s | $5 | $47K | 5.5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against SunX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$14
- Price spread: −0.381% → 0.000%
- −$38.1
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$60.12
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: SunX: live order book, 7 min ago; 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 SunX live order book, 7 min ago | 500.05 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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 | −0.0260% | 1h | 1.0792 | +0.285% | $147K | $330K | 20x | as long as short |
| Injective AXS/USDC PERPshort | +0.0033% | 1h | 1.0720 | −0.381% | $5 | $47K | 5.5x | |
| Orderly PERP_AXS_USDC | +0.0082% | 4h | 1.0770 | +0.084% | $3K | — | 10x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0799 | +0.353% | $29K | $36K | 5x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0790 | +0.269% | $268K | $308K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0783 | +0.209% | $74K | $12K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0800 | +0.367% | $6.1M | $9.8M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0816 | +0.511% | $3.7M | $4.1M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0806 | +0.418% | $1.4M | $3.0M | 20x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0784 | +0.214% | $879K | $1.1M | 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 | 1.0784 | +0.214% | $11.5M | $744K | 50x | as long as short |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0790 | +0.269% | $616K | $311K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0790 | +0.269% | $3.2M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0801 | +0.372% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0750 | −0.105% | $37K | $4K | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0740 | −0.195% | $765K | $889K | 10x | as long as short |
| SunX AXS-USDTlong | +0.0100% | 4h | 1.0761 | long leg | $2K | $1.3M | 20x | |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0777 | +0.149% | $716 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0784 | +0.210% | $7K | $241K | 10x | as long as short |
| BloFin AXS-USDT | +0.0107% | 4h | 1.0748 | −0.121% | $278K | $14K | 75x | as long as short |
SunX AXS-USDT
Injective AXS/USDC PERP
Kraken Futures PF_AXSUSD
Lighter AXS
Hyperliquid AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDT
OKX AXS-USDT-SWAP
Gate AXS_USDT
MEXC AXS_USDT
KuCoin AXSUSDTM
Bitget AXSUSDT
BingX AXS-USDT
Variational Omni AXS
GRVT AXS_USDT_Perp
SoDEX AXS-USD
Extended AXS-USD
BloFin AXS-USDT