Funding you earn now, next payment 04:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.024%
Price spread now: Binance against Injective+0.033%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.134%+$13 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Binance is 0.033% dearer against Injective than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective AXS/USDC PERP | 1.0720 | 0.0033 | pay 0.0004% / 1h | 20m 43s | $5 | $47K | 5.5x |
| Short | Binance AXSUSDT | 1.0724 | 0.0100 | get 0.0050% / 4h | 20m 43s | $6.1M | $10.3M | 75x |
Injective AXS/USDC PERP
Binance AXSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Injective. 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: +0.033% → 0.000%
- $3.3
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $7.28
- Costs to cover
- 0.100%
- Break-even
- 3.4 days
Slippage unknown: Injective: no order-book sample; Binance: live order book, 4 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 Injective no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 4 min ago | 0.47 bp | 17.0 bp −$17 | 51.6 bp −$516 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective AXS/USDC PERPlong | +0.0033% | 1h | 1.0720 | long leg | $5 | $47K | 5.5x | |
| Orderly PERP_AXS_USDC | +0.0093% | 4h | 1.0720 | 0.000% | $3K | — | 10x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0749 | +0.271% | $33K | $41K | 5x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0728 | +0.075% | $258K | $309K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0718 | −0.020% | $73K | $14K | 10x | as long as short |
| Binance AXSUSDTshort | +0.0100% | 4h | 1.0724 | +0.033% | $6.1M | $10.3M | 75x | |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0728 | +0.075% | $3.7M | $4.2M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0719 | −0.009% | $1.4M | $2.9M | 20x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0715 | −0.047% | $853K | $900K | 50x | as long as short |
| MEXC AXS_USDT | +0.0100% | 4h | 1.0708 | −0.112% | $11.4M | $670K | 50x | as long as short |
Orderly PERP_AXS_USDC
Lighter AXS
Hyperliquid AXS
Aster 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 | 1.0720 | 0.000% | $601K | $298K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0720 | 0.000% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0725 | +0.047% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0728 | +0.075% | $36K | $953 | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0712 | −0.075% | $762K | $900K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0724 | +0.037% | $1K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0724 | +0.037% | $749 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0715 | −0.045% | $10K | $244K | 10x | as long as short |
| BloFin AXS-USDT | +0.0136% | 4h | 1.0721 | +0.009% | $274K | $24K | 75x | as long as short |
| Kraken Futures PF_AXSUSD | +0.0438% | 1h | 1.0732 | +0.110% | $140K | $339K | 20x | as long as short |
KuCoin AXSUSDTM
Bitget AXSUSDT
BingX AXS-USDT
Variational Omni AXS
GRVT AXS_USDT_Perp
SunX AXS-USDT
SoDEX AXS-USD
Extended AXS-USD
BloFin AXS-USDT
Kraken Futures PF_AXSUSD