Funding you earn now, next payment 12:00 UTC+0.0049%/8h= +5.4% APRnext payment +$0.25 per $10,000 · paid last 24h −0.018%
Price spread now: Orderly against BloFin+0.094%52s7-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
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Orderly is 0.094% dearer against BloFin than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 52 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 | BloFin AXS-USDT | 1.0660 | 0.0045 | pay 0.0023% / 4h | 3h 42m | $278K | $29K | 75x |
| Short | Orderly PERP_AXS_USDC | 1.0670 | 0.0094 | get 0.0047% / 4h | 3h 42m | $3K | — | 10x |
BloFin AXS-USDT
Orderly PERP_AXS_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against BloFin. 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
- $10.32
- Price spread: +0.094% → 0.000%
- $9.38
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $1.7
- Costs to cover
- 0.180%
- Break-even
- 5.8 days
Slippage unknown: BloFin: live order book, 14 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 BloFin live order book, 14 min ago | 4.22 bp | 14.9 bp −$15 | 30.1 bp −$301 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective AXS/USDC PERP | +0.0033% | 1h | 1.0580 | −0.750% | $1K | $48K | 5.5x | as long as short |
| BloFin AXS-USDTlong | +0.0045% | 4h | 1.0660 | long leg | $278K | $29K | 75x | |
| Orderly PERP_AXS_USDCshort | +0.0094% | 4h | 1.0670 | +0.094% | $3K | — | 10x | |
| Lighter AXS | +0.0096% | 1h | 1.0690 | +0.281% | $36K | $42K | 5x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0667 | +0.066% | $255K | $706K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0675 | +0.140% | $72K | $17K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0667 | +0.068% | $6.0M | $10.8M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0673 | +0.122% | $3.7M | $4.3M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0667 | +0.066% | $1.4M | $3.0M | 20x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0677 | +0.159% | $844K | $524K | 50x | as long as short |
Injective AXS/USDC PERP
Lighter AXS
Hyperliquid AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDT
OKX AXS-USDT-SWAP
Gate AXS_USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC AXS_USDT | +0.0100% | 4h | 1.0666 | +0.056% | $11.5M | $706K | 50x | as long as short |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0670 | +0.094% | $589K | $278K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0670 | +0.094% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0675 | +0.141% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0684 | +0.227% | $36K | $953 | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0683 | +0.217% | $765K | $865K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0671 | +0.103% | $1K | $1.4M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0666 | +0.056% | $784 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0659 | −0.008% | $7K | $246K | 10x | as long as short |
| Kraken Futures PF_AXSUSD | +0.0465% | 1h | 1.0675 | +0.143% | $145K | $344K | 20x | as long as short |
MEXC AXS_USDT
KuCoin AXSUSDTM
Bitget AXSUSDT
BingX AXS-USDT
Variational Omni AXS
GRVT AXS_USDT_Perp
SunX AXS-USDT
SoDEX AXS-USD
Extended AXS-USD
Kraken Futures PF_AXSUSD