Funding you earn now, next payment 08:00 UTC−0.0096%/8h= −10.5% APRpaid last 24h −0.004%
Price spread now: Extended against BingX+0.011%7-day average −0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$790.791% of the position
Funding, last 7 days−0.044%−$4 on $10k
+Price spread, last 4 days (all we have)−0.071%−$7 · spread now +0.011%, 7d avg −0.045%
=Together, before fees−0.115%+ Points / potential airdropExtended: Active · farm board−$12 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.056% dearer against BingX than usual: you sell high and buy low (spread +0.011% now, against its 7-day average of −0.045%): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 46 hours. At the pace of the last 7 days (−0.044% in total) that is about 8.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX AXS-USDT | 1.0636 | 0.0200 | pay 0.0100% / 4h | 18m 44s | — | $2.6M | — |
| Short | Extended AXS-USD | 1.0637 | 0.0104 | get 0.0013% / 1h | 18m 44s | $8K | $251K | 10x |
BingX AXS-USDT
Extended AXS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against BingX. 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
- −$20.16
- Price spread: +0.011% → −0.045%
- $5.56
- Slippage, 4 orders
- −$64.13
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$93.73
- Costs to cover
- 0.791%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 min ago; Extended: live order book, 18 min ago.
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 BingX live order book, 6 min ago | 4.71 bp | 17.6 bp −$18 | 39.5 bp −$395 | 344.5 bp −$34.4K | 489.8 bp −$244.9K |
| Sell Extended live order book, 18 min ago | 1.55 bp | 24.9 bp −$25 | 198.6 bp −$1,986 | doesn't fit | doesn't fit |
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 | 1.0580 | −0.527% | $1K | $48K | 5.5x | as long as short |
| Orderly PERP_AXS_USDC | +0.0094% | 4h | 1.0640 | +0.038% | $3K | — | 10x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0663 | +0.254% | $36K | $43K | 5x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0643 | +0.066% | $256K | $705K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0642 | +0.060% | $72K | $17K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0639 | +0.025% | $5.9M | $10.9M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0643 | +0.066% | $3.7M | $4.3M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0638 | +0.019% | $1.4M | $3.0M | 20x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0633 | −0.028% | $841K | $535K | 50x | as long as short |
| MEXC AXS_USDT | +0.0100% | 4h | 1.0641 | +0.047% | $11.5M | $705K | 50x | as long as short |
Injective AXS/USDC PERP
Orderly PERP_AXS_USDC
Lighter AXS
Hyperliquid AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDT
OKX AXS-USDT-SWAP
Gate AXS_USDT
MEXC AXS_USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0640 | +0.038% | $587K | $287K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0640 | +0.038% | $3.1M | $1.2M | 50x | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0621 | −0.140% | $36K | $953 | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0620 | −0.150% | $760K | $888K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0643 | +0.066% | $1K | $1.4M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0643 | +0.066% | $763 | $3K | 5x | as long as short |
| Extended AXS-USDshort | +0.0104% | 1h | 1.0637 | +0.011% | $8K | $251K | 10x | |
| BloFin AXS-USDT | +0.0117% | 4h | 1.0645 | +0.085% | $282K | $29K | 75x | as long as short |
| BingX AXS-USDTlong | +0.0200% | 4h | 1.0636 | long leg | — | $2.6M | — | |
| Kraken Futures PF_AXSUSD | +0.0650% | 1h | 1.0657 | +0.199% | $145K | $351K | 20x | as long as short |
KuCoin AXSUSDTM
Bitget AXSUSDT
Variational Omni AXS
GRVT AXS_USDT_Perp
SunX AXS-USDT
SoDEX AXS-USD
BloFin AXS-USDT
Kraken Futures PF_AXSUSD