Funding you earn now, next payment 12:00 UTC−0.0006%/8h= −0.6% APRpaid last 24h −0.013%
Price spread now: Orderly against Variational Omni−0.449%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.449% cheaper against Variational Omni than usual: you would sell low and buy high, −$45 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 | Variational Omni AXS | 1.0638 | 0.0100 | pay 0.0100% / 8h | 7h 31m | $36K | $953 | — |
| Short | Orderly PERP_AXS_USDC | 1.0590 | 0.0094 | get 0.0047% / 4h | 3h 31m | $3K | — | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Variational Omni. 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
- −$1.23
- Price spread: −0.449% → 0.000%
- −$44.88
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$52.11
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: no order-book sample; 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 Variational Omni no order-book sample | — | — | — | — | — |
| Sell Orderly no order-book sample | — | — | — | — | — |
Variational Omni and 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 | 1.0580 | −0.543% | $1K | $48K | 5.5x | as long as short |
| BloFin AXS-USDT | +0.0055% | 4h | 1.0597 | −0.383% | $279K | $29K | 75x | as long as short |
| Orderly PERP_AXS_USDCshort | +0.0094% | 4h | 1.0590 | −0.449% | $3K | — | 10x | |
| Lighter AXS | +0.0096% | 1h | 1.0616 | −0.204% | $36K | $42K | 5x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0597 | −0.385% | $254K | $706K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0595 | −0.401% | $72K | $17K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0590 | −0.449% | $5.9M | $10.8M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0595 | −0.402% | $3.6M | $4.3M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0591 | −0.439% | $1.4M | $3.0M | 20x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0599 | −0.364% | $838K | $524K | 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 | 1.0592 | −0.430% | $11.5M | $714K | 50x | as long as short |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0590 | −0.449% | $584K | $277K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0590 | −0.449% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0593 | −0.421% | — | $2.6M | — | as long as short |
| Variational Omni AXSlong | +0.0100% | 8h | 1.0638 | long leg | $36K | $953 | — | |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0630 | −0.075% | $761K | $852K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0591 | −0.439% | $1K | $1.4M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0589 | −0.458% | $768 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0587 | −0.476% | $9K | $250K | 10x | as long as short |
| Kraken Futures PF_AXSUSD | +0.0469% | 1h | 1.0605 | −0.304% | $145K | $339K | 20x | as long as short |
Variational Omni AXS
Injective AXS/USDC PERP
BloFin AXS-USDT
Lighter AXS
Hyperliquid AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDT
OKX AXS-USDT-SWAP
Gate AXS_USDT
MEXC AXS_USDT
KuCoin AXSUSDTM
Bitget AXSUSDT
BingX AXS-USDT
GRVT AXS_USDT_Perp
SunX AXS-USDT
SoDEX AXS-USD
Extended AXS-USD
Kraken Futures PF_AXSUSD