Funding you earn now, next payment 11:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.037%
Price spread now: OKX against Injective+0.406%118s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.025%+$3 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 OKX is 0.406% dearer against Injective than usual: you sell high and buy low: +$41 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 118 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective AXS/USDC PERP | 1.0580 | 0.0033 | pay 0.0004% / 1h | 47m 30s | $1K | $48K | 5.5x |
| Short | OKX AXS-USDT-SWAP | 1.0623 | 0.0100 | get 0.0050% / 4h | 1h 47m | $1.4M | $2.8M | 20x |
Injective AXS/USDC PERP
OKX AXS-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.406% → 0.000%
- $40.64
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $44.62
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; OKX: live order book, 3 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 OKX live order book, 3 min ago | 0.47 bp | 16.7 bp −$17 | doesn't fit | 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| SoDEX AXS-USD | −0.0053% | 1h | 1.0625 | +0.425% | $422 | $3K | 5x | as long as short |
| Injective AXS/USDC PERPlong | +0.0033% | 1h | 1.0580 | long leg | $1K | $48K | 5.5x | |
| Orderly PERP_AXS_USDC | +0.0091% | 4h | 1.0620 | +0.378% | $3K | — | 10x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0648 | +0.643% | $36K | $42K | 5x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0625 | +0.425% | $252K | $683K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0633 | +0.498% | $72K | $16K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0622 | +0.393% | $5.9M | $9.6M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0630 | +0.473% | $3.7M | $4.1M | 75x | as long as short |
| OKX AXS-USDT-SWAPshort | +0.0100% | 4h | 1.0623 | +0.406% | $1.4M | $2.8M | 20x | |
| Gate AXS_USDT | +0.0100% | 8h | 1.0626 | +0.435% | $836K | $296K | 50x | as long as short |
SoDEX AXS-USD
Orderly PERP_AXS_USDC
Lighter AXS
Hyperliquid AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDT
Gate AXS_USDTShow all 20 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC AXS_USDT | +0.0100% | 4h | 1.0617 | +0.350% | $11.5M | $621K | 50x | as long as short |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0640 | +0.567% | $586K | $238K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0630 | +0.473% | $3.1M | $1.1M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0624 | +0.416% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0635 | +0.518% | $38K | $2K | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0629 | +0.466% | $760K | $807K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0633 | +0.501% | $2K | $1.2M | 20x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0621 | +0.385% | $8K | $253K | 10x | as long as short |
| BloFin AXS-USDT | +0.0159% | 4h | 1.0632 | +0.491% | $288K | $29K | 75x | as long as short |
| Kraken Futures PF_AXSUSD | +0.0193% | 1h | 1.0637 | +0.535% | $145K | $316K | 20x | as long as short |
MEXC AXS_USDT
KuCoin AXSUSDTM
Bitget AXSUSDT
BingX AXS-USDT
Variational Omni AXS
GRVT AXS_USDT_Perp
SunX AXS-USDT
Extended AXS-USD
BloFin AXS-USDT
Kraken Futures PF_AXSUSD