AXS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0025%/8h= −2.8% APRnext payment −$0.13 per $10,000 · paid last 24h −0.020%

Price spread now: Orderly against SunX−0.141%7-day average — · you buy dearer than you sell

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

Long on SunX Short on Orderly

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 against this trade now: funding costs −$1 a day on $10k at the current rate, and Orderly is 0.141% cheaper against SunX than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX AXS-USDT	1.0665	0.0100	pay 0.0050% / 4h	1h 06m	$2K	$1.3M	20x
Short	Orderly PERP_AXS_USDC	1.0650	0.0075	get 0.0037% / 4h	1h 06m	$3K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against SunX. 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 SunXbpFee OrderlybpOrdersPrice spread, now −0.141%Rate

Funding earned: −$5.35
Price spread: −0.141% → 0.000%: −$14.06
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$33.42
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 7 min ago; Orderly: 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	500.49 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

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	−0.0475%	1h	1.0667	+0.017%	$139K	$308K	20x	as long as short
Injective AXS/USDC PERP	+0.0033%	1h	1.0720	+0.516%	$5	$47K	5.5x	as long as short
Orderly PERP_AXS_USDCshort	+0.0075%	4h	1.0650	−0.141%	$3K	—	10x
OKX AXS-USDT-SWAP	+0.0093%	4h	1.0657	−0.075%	$1.4M	$2.7M	20x	as long as short
Lighter AXS	+0.0096%	1h	1.0679	+0.131%	$28K	$36K	5x	as long as short
Hyperliquid AXS	+0.0100%	1h	1.0662	−0.028%	$263K	$296K	5x	as long as short
Aster AXSUSDT	+0.0100%	4h	1.0658	−0.070%	$72K	$11K	10x	as long as short
Binance AXSUSDT	+0.0100%	4h	1.0657	−0.079%	$6.0M	$9.2M	75x	as long as short
Bybit AXSUSDT	+0.0100%	8h	1.0653	−0.113%	$3.2M	$3.6M	75x	as long as short
Gate AXS_USDT	+0.0100%	8h	1.0652	−0.122%	$958K	$1.0M	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	1.0663	−0.019%	$11.2M	$730K	50x	as long as short
KuCoin AXSUSDTM	+0.0100%	4h	1.0650	−0.141%	$603K	$301K	50x	as long as short
Bitget AXSUSDT	+0.0100%	4h	1.0660	−0.047%	$3.1M	$1.2M	50x	as long as short
BingX AXS-USDT	+0.0100%	4h	1.0650	−0.141%	—	$2.6M	—	as long as short
Variational Omni AXS	+0.0100%	8h	1.0629	−0.342%	$36K	$4K	—	as long as short
GRVT AXS_USDT_Perp	+0.0100%	4h	1.0636	−0.271%	$756K	$875K	10x	as long as short
SunX AXS-USDTlong	+0.0100%	4h	1.0665	long leg	$2K	$1.3M	20x
SoDEX AXS-USD	+0.0100%	1h	1.0656	−0.084%	$695	$3K	5x	as long as short
Extended AXS-USD	+0.0104%	1h	1.0655	−0.095%	$7K	$156K	10x	as long as short
BloFin AXS-USDT	+0.0159%	4h	1.0652	−0.122%	$273K	$17K	75x	as long as short