Funding you earn now, next payment 01:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.029%
Price spread now: BingX against Injective+0.504%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+0.183%+$18 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 BingX is 0.504% dearer against Injective than usual: you sell high and buy low: +$50 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 | 30m 44s | $5 | $47K | 5.5x |
| Short | BingX AXS-USDT | 1.0774 | 0.0100 | get 0.0050% / 4h | 3h 30m | — | $2.6M | — |
Injective AXS/USDC PERP
BingX AXS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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: +0.504% → 0.000%
- $50.37
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $54.35
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; BingX: 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 BingX live order book, 4 min ago | 4.18 bp | 17.0 bp −$17 | 42.0 bp −$420 | 275.1 bp −$27.5K | 422.2 bp −$211.1K |
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 | 1.0783 | +0.587% | $145K | $324K | 20x | as long as short |
| Injective AXS/USDC PERPlong | +0.0033% | 1h | 1.0720 | long leg | $5 | $47K | 5.5x | |
| Orderly PERP_AXS_USDC | +0.0081% | 4h | 1.0770 | +0.466% | $3K | — | 10x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0795 | +0.700% | $29K | $36K | 5x | as long as short |
| BloFin AXS-USDT | +0.0097% | 4h | 1.0772 | +0.485% | $278K | $18K | 75x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0770 | +0.466% | $269K | $306K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0774 | +0.507% | $74K | $12K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0770 | +0.466% | $6.1M | $9.6M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0774 | +0.504% | $3.7M | $4.1M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0767 | +0.438% | $1.4M | $3.0M | 20x | as long as short |
Kraken Futures PF_AXSUSD
Orderly PERP_AXS_USDC
Lighter AXS
BloFin AXS-USDT
Hyperliquid AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDT
OKX AXS-USDT-SWAPShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate AXS_USDT | +0.0100% | 8h | 1.0781 | +0.569% | $971K | $904K | 50x | as long as short |
| MEXC AXS_USDT | +0.0100% | 4h | 1.0765 | +0.420% | $11.4M | $743K | 50x | as long as short |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0770 | +0.466% | $623K | $308K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0770 | +0.466% | $3.2M | $1.2M | 50x | as long as short |
| BingX AXS-USDTshort | +0.0100% | 4h | 1.0774 | +0.504% | — | $2.6M | — | |
| Variational Omni AXS | +0.0100% | 8h | 1.0774 | +0.502% | $37K | $4K | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0771 | +0.472% | $764K | $891K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0775 | +0.513% | $1K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0769 | +0.457% | $714 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0771 | +0.472% | $7K | $260K | 10x | as long as short |
Gate AXS_USDT
MEXC AXS_USDT
KuCoin AXSUSDTM
Bitget AXSUSDT
Variational Omni AXS
GRVT AXS_USDT_Perp
SunX AXS-USDT
SoDEX AXS-USD
Extended AXS-USD