AXS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0027%/8h= −3.0% APRnext payment −$0.14 per $10,000 · paid last 24h −0.030%

Price spread now: Orderly against BingX+0.009%7-day average — · you sell dearer than you buy

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

Long on BingX 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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX AXS-USDT	1.0599	0.0100	pay 0.0050% / 4h	2h 06m	—	$2.6M	—
Short	Orderly PERP_AXS_USDC	1.0600	0.0073	get 0.0036% / 4h	2h 06m	$3K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against BingX. 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 BingXbpFee OrderlybpOrdersPrice spread, now +0.009%Rate

Funding earned: −$5.77
Price spread: +0.009% → 0.000%: $0.94
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$20.82
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: BingX: live order book, 12 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 BingX live order book, 12 min ago	4.22 bp	18.4 bp −$18	43.9 bp −$439	347.8 bp −$34.8K	438.2 bp −$219.1K
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	−0.0339%	1h	1.0617	+0.168%	$139K	$322K	20x	as long as short
OKX AXS-USDT-SWAP	+0.0024%	4h	1.0597	−0.019%	$1.4M	$2.7M	20x	as long as short
Injective AXS/USDC PERP	+0.0033%	1h	1.0720	+1.142%	$5	$47K	5.5x	as long as short
Orderly PERP_AXS_USDCshort	+0.0073%	4h	1.0600	+0.009%	$3K	—	10x
Lighter AXS	+0.0096%	1h	1.0617	+0.170%	$28K	$36K	5x	as long as short
Hyperliquid AXS	+0.0100%	1h	1.0603	+0.038%	$260K	$293K	5x	as long as short
Aster AXSUSDT	+0.0100%	4h	1.0605	+0.055%	$72K	$11K	10x	as long as short
Binance AXSUSDT	+0.0100%	4h	1.0597	−0.017%	$5.9M	$9.3M	75x	as long as short
Bybit AXSUSDT	+0.0100%	8h	1.0591	−0.075%	$3.2M	$3.6M	75x	as long as short
Gate AXS_USDT	+0.0100%	8h	1.0609	+0.094%	$957K	$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	1.0603	+0.038%	$11.1M	$764K	50x	as long as short
KuCoin AXSUSDTM	+0.0100%	4h	1.0600	+0.009%	$582K	$294K	50x	as long as short
Bitget AXSUSDT	+0.0100%	4h	1.0610	+0.104%	$3.1M	$1.2M	50x	as long as short
BingX AXS-USDTlong	+0.0100%	4h	1.0599	long leg	—	$2.6M	—
Variational Omni AXS	+0.0100%	8h	1.0610	+0.101%	$36K	$4K	—	as long as short
GRVT AXS_USDT_Perp	+0.0100%	4h	1.0620	+0.200%	$758K	$907K	10x	as long as short
SunX AXS-USDT	+0.0100%	4h	1.0611	+0.113%	$2K	$1.3M	20x	as long as short
SoDEX AXS-USD	+0.0100%	1h	1.0603	+0.038%	$697	$3K	5x	as long as short
Extended AXS-USD	+0.0104%	1h	1.0603	+0.034%	$7K	$156K	10x	as long as short
BloFin AXS-USDT	+0.0145%	4h	1.0613	+0.132%	$272K	$29K	75x	as long as short