Funding you earn now, next payment 08:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.037%
Price spread now: Injective against SunX−0.592%61s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.161%−$16 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 0.592% cheaper against SunX than usual: you would sell low and buy high (−$59 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 61 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 | SunX AXS-USDT | 1.0643 | 0.0100 | pay 0.0050% / 4h | 17m 56s | $2K | $1.4M | 20x |
| Short | Injective AXS/USDC PERP | 1.0580 | 0.0033 | get 0.0004% / 1h | 17m 56s | $1K | $48K | 5.5x |
SunX AXS-USDT
Injective AXS/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against SunX. 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: −0.592% → 0.000%
- −$59.19
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$81.21
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: SunX: live order book, 7 min ago; Injective: no order-book sample. 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 SunX live order book, 7 min ago | 500.57 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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 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 PERPshort | +0.0033% | 1h | 1.0580 | −0.592% | $1K | $48K | 5.5x | |
| Orderly PERP_AXS_USDC | +0.0094% | 4h | 1.0640 | −0.028% | $3K | — | 10x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0667 | +0.226% | $36K | $43K | 5x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0645 | +0.019% | $256K | $705K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0643 | −0.002% | $72K | $17K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0639 | −0.035% | $5.9M | $10.9M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0642 | −0.009% | $3.7M | $4.3M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0642 | −0.009% | $1.4M | $3.0M | 20x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0635 | −0.075% | $841K | $535K | 50x | as long as short |
| MEXC AXS_USDT | +0.0100% | 4h | 1.0657 | +0.132% | $11.5M | $705K | 50x | as long as short |
Orderly PERP_AXS_USDC
Lighter AXS
Hyperliquid AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDT
OKX AXS-USDT-SWAP
Gate AXS_USDT
MEXC AXS_USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0640 | −0.028% | $587K | $287K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0640 | −0.028% | $3.1M | $1.2M | 50x | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0621 | −0.205% | $36K | $953 | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0620 | −0.216% | $760K | $888K | 10x | as long as short |
| SunX AXS-USDTlong | +0.0100% | 4h | 1.0643 | long leg | $2K | $1.4M | 20x | |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0643 | 0.000% | $764 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0636 | −0.062% | $8K | $251K | 10x | as long as short |
| BloFin AXS-USDT | +0.0117% | 4h | 1.0645 | +0.019% | $282K | $29K | 75x | as long as short |
| BingX AXS-USDT | +0.0200% | 4h | 1.0638 | −0.047% | — | $2.6M | — | as long as short |
| Kraken Futures PF_AXSUSD | +0.0650% | 1h | 1.0652 | +0.087% | $145K | $351K | 20x | as long as short |
KuCoin AXSUSDTM
Bitget AXSUSDT
Variational Omni AXS
GRVT AXS_USDT_Perp
SoDEX AXS-USD
Extended AXS-USD
BloFin AXS-USDT
BingX AXS-USDT
Kraken Futures PF_AXSUSD