AXS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.11 per $10,000 · paid last 24h +0.020%

Price spread now: SunX against Orderly+0.055%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 SunX

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 SunX is 0.055% dearer against Orderly than usual: you sell high and buy low: +$6 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	1.0830	0.0078	pay 0.0039% / 4h	44m 32s	$3K	—	10x
Short	SunX AXS-USDT	1.0836	0.0100	get 0.0050% / 4h	44m 32s	$2K	$1.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.055%Rate

Funding earned: $4.52
Price spread: +0.055% → 0.000%: $5.54
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee SunX: 4 bp × 2 orders: −$8
Net: −$3.94
Costs to cover: 0.140%
Break-even: 13.1 days

Slippage unknown: Orderly: no order-book sample; SunX: live order book, 9 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 SunX live order book, 9 min ago	500.60 bp	doesn't fit	doesn't fit	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
Kraken Futures PF_AXSUSD	−0.0238%	1h	1.0847	+0.153%	$141K	$311K	20x	as long as short
Injective AXS/USDC PERP	+0.0033%	1h	1.0720	−1.016%	$5	$47K	5.5x	as long as short
Orderly PERP_AXS_USDClong	+0.0078%	4h	1.0830	long leg	$3K	—	10x
Lighter AXS	+0.0096%	1h	1.0851	+0.194%	$29K	$36K	5x	as long as short
BloFin AXS-USDT	+0.0099%	4h	1.0827	−0.028%	$275K	$17K	75x	as long as short
Hyperliquid AXS	+0.0100%	1h	1.0830	−0.005%	$265K	$298K	5x	as long as short
Aster AXSUSDT	+0.0100%	4h	1.0829	−0.009%	$75K	$11K	10x	as long as short
Binance AXSUSDT	+0.0100%	4h	1.0827	−0.028%	$6.1M	$9.6M	75x	as long as short
Bybit AXSUSDT	+0.0100%	8h	1.0842	+0.111%	$3.7M	$4.0M	75x	as long as short
OKX AXS-USDT-SWAP	+0.0100%	4h	1.0828	−0.018%	$1.4M	$2.9M	20x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate AXS_USDT	+0.0100%	8h	1.0837	+0.065%	$975K	$1.0M	50x	as long as short
MEXC AXS_USDT	+0.0100%	4h	1.0826	−0.037%	$11.5M	$745K	50x	as long as short
KuCoin AXSUSDTM	+0.0100%	4h	1.0830	0.000%	$614K	$307K	50x	as long as short
Bitget AXSUSDT	+0.0100%	4h	1.0830	0.000%	$3.2M	$1.2M	50x	as long as short
BingX AXS-USDT	+0.0100%	4h	1.0832	+0.018%	—	$2.6M	—	as long as short
Variational Omni AXS	+0.0100%	8h	1.0848	+0.168%	$37K	$4K	—	as long as short
GRVT AXS_USDT_Perp	+0.0100%	4h	1.0856	+0.240%	$774K	$879K	10x	as long as short
SunX AXS-USDTshort	+0.0100%	4h	1.0836	+0.055%	$2K	$1.3M	20x
SoDEX AXS-USD	+0.0100%	1h	1.0833	+0.028%	$714	$3K	5x	as long as short
Extended AXS-USD	+0.0104%	1h	1.0825	−0.048%	$7K	$156K	10x	as long as short