AXS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0003%/8h= +0.3% APRnext payment +$0.01 per $10,000 · paid last 24h +0.021%

Price spread now: BingX against Orderly0.000%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Orderly Short on BingX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_AXS_USDC	1.0720	0.0097	pay 0.0049% / 4h	1h 50m	$3K	—	10x
Short	BingX AXS-USDT	1.0720	0.0100	get 0.0050% / 4h	1h 50m	—	$2.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Orderly. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee OrderlybpFee BingXbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0.62
Price spread: 0.000% → 0.000%: $0
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee BingX: 5 bp × 2 orders: −$10
Net: −$15.38
Costs to cover: 0.160%
Break-even: 181.4 days

Slippage unknown: Orderly: no order-book sample; BingX: live order book, 14 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 Orderly no order-book sample	—	—	—	—	—
Sell BingX live order book, 14 min ago	4.65 bp	18.3 bp −$18	45.1 bp −$451	346.6 bp −$34.7K	502.1 bp −$251.1K

Orderly: 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 PERP	−0.1014%	1h	1.0580	−1.306%	$1K	$48K	5.5x	as long as short
Orderly PERP_AXS_USDClong	+0.0097%	4h	1.0720	long leg	$3K	—	10x
Hyperliquid AXS	+0.0100%	1h	1.0743	+0.215%	$265K	$699K	5x	as long as short
Aster AXSUSDT	+0.0100%	4h	1.0726	+0.057%	$73K	$18K	10x	as long as short
Binance AXSUSDT	+0.0100%	4h	1.0731	+0.103%	$6.0M	$10.8M	75x	as long as short
Bybit AXSUSDT	+0.0100%	8h	1.0720	0.000%	$3.7M	$4.3M	75x	as long as short
OKX AXS-USDT-SWAP	+0.0100%	4h	1.0728	+0.075%	$1.4M	$3.1M	20x	as long as short
Gate AXS_USDT	+0.0100%	8h	1.0716	−0.037%	$849K	$630K	50x	as long as short
MEXC AXS_USDT	+0.0100%	4h	1.0726	+0.056%	$11.5M	$679K	50x	as long as short
KuCoin AXSUSDTM	+0.0100%	4h	1.0720	0.000%	$588K	$291K	50x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget AXSUSDT	+0.0100%	4h	1.0720	0.000%	$3.1M	$1.2M	50x	as long as short
BingX AXS-USDTshort	+0.0100%	4h	1.0720	0.000%	—	$2.6M	—
Variational Omni AXS	+0.0100%	8h	1.0719	−0.012%	$36K	$953	—	as long as short
GRVT AXS_USDT_Perp	+0.0100%	4h	1.0726	+0.054%	$764K	$890K	10x	as long as short
SunX AXS-USDT	+0.0100%	4h	1.0729	+0.084%	$2K	$1.4M	20x	as long as short
SoDEX AXS-USD	+0.0100%	1h	1.0726	+0.056%	$768	$3K	5x	as long as short
Extended AXS-USD	+0.0104%	1h	1.0723	+0.028%	$7K	$230K	10x	as long as short
BloFin AXS-USDT	+0.0110%	4h	1.0717	−0.028%	$278K	$30K	75x	as long as short
Lighter AXS	+0.0264%	1h	1.0755	+0.326%	$37K	$39K	5x	as long as short
Kraken Futures PF_AXSUSD	+0.0378%	1h	1.0744	+0.224%	$141K	$354K	20x	as long as short