AXS

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0007%/8h= +0.7% APRnext payment +$0.03 per $10,000 · paid last 24h +0.018%

Price spread now: MEXC against Orderly−0.056%7-day average — · you buy dearer than you sell

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

Long on Orderly Short on MEXC

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

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.056% cheaper against Orderly than usual: you would sell low and buy high, −$6 on $10k if it 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	1.0770	0.0093	pay 0.0047% / 4h	13m 22s	$3K	—	10x
Short	MEXC AXS_USDT	1.0764	0.0100	get 0.0050% / 4h	13m 22s	$11.4M	$675K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.056%Rate

Funding earned: $1.42
Price spread: −0.056% → 0.000%: −$5.57
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$14.15
Costs to cover: 0.100%
Break-even: 76.8 days

Slippage unknown: Orderly: no order-book sample; MEXC: live order book, 5 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 MEXC live order book, 5 min ago	0.47 bp	6.1 bp −$6	36.8 bp −$368	57.0 bp −$5,700	88.8 bp −$44.4K

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	−0.464%	$5	$47K	5.5x	as long as short
Orderly PERP_AXS_USDClong	+0.0093%	4h	1.0770	long leg	$3K	—	10x
Lighter AXS	+0.0096%	1h	1.0791	+0.195%	$33K	$41K	5x	as long as short
Hyperliquid AXS	+0.0100%	1h	1.0768	−0.019%	$260K	$310K	5x	as long as short
Aster AXSUSDT	+0.0100%	4h	1.0760	−0.092%	$73K	$14K	10x	as long as short
Binance AXSUSDT	+0.0100%	4h	1.0768	−0.019%	$6.1M	$10.4M	75x	as long as short
Bybit AXSUSDT	+0.0100%	8h	1.0761	−0.084%	$3.7M	$4.2M	75x	as long as short
OKX AXS-USDT-SWAP	+0.0100%	4h	1.0763	−0.065%	$1.4M	$3.0M	20x	as long as short
Gate AXS_USDT	+0.0100%	8h	1.0763	−0.065%	$856K	$902K	50x	as long as short
MEXC AXS_USDTshort	+0.0100%	4h	1.0764	−0.056%	$11.4M	$675K	50x

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin AXSUSDTM	+0.0100%	4h	1.0760	−0.093%	$603K	$298K	50x	as long as short
Bitget AXSUSDT	+0.0100%	4h	1.0770	0.000%	$3.1M	$1.2M	50x	as long as short
BingX AXS-USDT	+0.0100%	4h	1.0766	−0.037%	—	$2.6M	—	as long as short
Variational Omni AXS	+0.0100%	8h	1.0751	−0.180%	$37K	$953	—	as long as short
GRVT AXS_USDT_Perp	+0.0100%	4h	1.0772	+0.021%	$767K	$900K	10x	as long as short
SunX AXS-USDT	+0.0100%	4h	1.0764	−0.056%	$2K	$1.3M	20x	as long as short
SoDEX AXS-USD	+0.0100%	1h	1.0762	−0.074%	$751	$3K	5x	as long as short
BloFin AXS-USDT	+0.0100%	4h	1.0776	+0.056%	$275K	$25K	75x	as long as short
Extended AXS-USD	+0.0104%	1h	1.0757	−0.120%	$10K	$244K	10x	as long as short
Kraken Futures PF_AXSUSD	+0.0436%	1h	1.0764	−0.055%	$139K	$341K	20x	as long as short