Funding you earn now, next payment 12:00 UTC−0.0009%/8h= −1.0% APRnext payment −$0.04 per $10,000 · paid last 24h −0.013%
Price spread now: Orderly against Binance+0.047%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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: Orderly is 0.047% dearer against Binance than usual: you sell high and buy low, +$5 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 | Binance AXSUSDT | 1.0655 | 0.0100 | pay 0.0050% / 4h | 1h 55m | $6.0M | $9.6M | 75x |
| Short | Orderly PERP_AXS_USDC | 1.0660 | 0.0091 | get 0.0046% / 4h | 1h 55m | $3K | — | 10x |
Binance AXSUSDT
Orderly PERP_AXS_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Binance. 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
- −$1.84
- Price spread: +0.047% → 0.000%
- $4.69
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$13.15
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Binance: 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 Binance live order book, 7 min ago | 1.41 bp | 16.7 bp −$17 | 43.6 bp −$436 | 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| SoDEX AXS-USD | +0.0027% | 1h | 1.0656 | +0.009% | $410 | $3K | 5x | as long as short |
| Injective AXS/USDC PERP | +0.0033% | 1h | 1.0580 | −0.704% | $1K | $48K | 5.5x | as long as short |
| Orderly PERP_AXS_USDCshort | +0.0091% | 4h | 1.0660 | +0.047% | $3K | — | 10x | |
| Lighter AXS | +0.0096% | 1h | 1.0679 | +0.225% | $36K | $42K | 5x | as long as short |
| BloFin AXS-USDT | +0.0100% | 4h | 1.0661 | +0.056% | $288K | $29K | 75x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0658 | +0.026% | $253K | $684K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0666 | +0.102% | $72K | $16K | 10x | as long as short |
| Binance AXSUSDTlong | +0.0100% | 4h | 1.0655 | long leg | $6.0M | $9.6M | 75x | |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0666 | +0.103% | $3.7M | $4.1M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0654 | −0.009% | $1.4M | $2.8M | 20x | as long as short |
SoDEX AXS-USD
Injective AXS/USDC PERP
Lighter AXS
BloFin AXS-USDT
Hyperliquid AXS
Aster AXSUSDT
Bybit AXSUSDT
OKX AXS-USDT-SWAPShow all 20 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate AXS_USDT | +0.0100% | 8h | 1.0675 | +0.188% | $840K | $296K | 50x | as long as short |
| MEXC AXS_USDT | +0.0100% | 4h | 1.0653 | −0.019% | $11.5M | $619K | 50x | as long as short |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0670 | +0.141% | $588K | $238K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0660 | +0.047% | $3.1M | $1.1M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0662 | +0.066% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0662 | +0.068% | $38K | $2K | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0680 | +0.235% | $760K | $821K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0663 | +0.075% | $2K | $1.2M | 20x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0651 | −0.035% | $8K | $253K | 10x | as long as short |
| Kraken Futures PF_AXSUSD | +0.0193% | 1h | 1.0669 | +0.135% | $146K | $316K | 20x | as long as short |
Gate AXS_USDT
MEXC AXS_USDT
KuCoin AXSUSDTM
Bitget AXSUSDT
BingX AXS-USDT
Variational Omni AXS
GRVT AXS_USDT_Perp
SunX AXS-USDT
Extended AXS-USD
Kraken Futures PF_AXSUSD