AXS

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0022%/8h= +2.5% APRnext payment +$0.11 per $10,000 · paid last 24h +0.018%

Price spread now: Bitget against Orderly+0.094%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 Bitget

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

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bitget is 0.094% dearer against Orderly than usual: you sell high and buy low: +$9 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	Orderly PERP_AXS_USDC	1.0670	0.0078	pay 0.0039% / 4h	2h 46m	$3K	—	10x
Short	Bitget AXSUSDT	1.0680	0.0100	get 0.0050% / 4h	2h 46m	$3.1M	$1.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.094%Rate

Funding earned: $4.7
Price spread: +0.094% → 0.000%: $9.37
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$3.93
Costs to cover: 0.180%
Break-even: 12.9 days

Slippage unknown: Orderly: no order-book sample; Bitget: live order book, 1 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 Bitget live order book, 1 min ago	4.68 bp	32.7 bp −$33	71.2 bp −$712	doesn't fit	doesn't fit

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	+0.0033%	1h	1.0720	+0.469%	$5	$47K	5.5x	as long as short
Orderly PERP_AXS_USDClong	+0.0078%	4h	1.0670	long leg	$3K	—	10x
BloFin AXS-USDT	+0.0090%	4h	1.0691	+0.197%	$275K	$18K	75x	as long as short
Lighter AXS	+0.0096%	1h	1.0701	+0.291%	$28K	$36K	5x	as long as short
Hyperliquid AXS	+0.0100%	1h	1.0682	+0.112%	$259K	$313K	5x	as long as short
Aster AXSUSDT	+0.0100%	4h	1.0685	+0.139%	$73K	$14K	10x	as long as short
Binance AXSUSDT	+0.0100%	4h	1.0678	+0.075%	$6.0M	$10.0M	75x	as long as short
Bybit AXSUSDT	+0.0100%	8h	1.0683	+0.122%	$3.7M	$4.2M	75x	as long as short
OKX AXS-USDT-SWAP	+0.0100%	4h	1.0677	+0.066%	$1.4M	$2.9M	20x	as long as short
Gate AXS_USDT	+0.0100%	8h	1.0674	+0.037%	$852K	$992K	50x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC AXS_USDT	+0.0100%	4h	1.0677	+0.066%	$11.3M	$725K	50x	as long as short
KuCoin AXSUSDTM	+0.0100%	4h	1.0690	+0.187%	$602K	$312K	50x	as long as short
Bitget AXSUSDTshort	+0.0100%	4h	1.0680	+0.094%	$3.1M	$1.2M	50x
BingX AXS-USDT	+0.0100%	4h	1.0682	+0.112%	—	$2.6M	—	as long as short
Variational Omni AXS	+0.0100%	8h	1.0695	+0.238%	$36K	$4K	—	as long as short
GRVT AXS_USDT_Perp	+0.0100%	4h	1.0692	+0.203%	$759K	$892K	10x	as long as short
SunX AXS-USDT	+0.0100%	4h	1.0682	+0.112%	$2K	$1.3M	20x	as long as short
SoDEX AXS-USD	+0.0100%	1h	1.0675	+0.047%	$712	$3K	5x	as long as short
Extended AXS-USD	+0.0104%	1h	1.0675	+0.051%	$7K	$241K	10x	as long as short
Kraken Futures PF_AXSUSD	+0.0358%	1h	1.0688	+0.165%	$146K	$333K	20x	as long as short