Funding you earn now, next payment 23:00 UTC−0.0084%/8h= −9.1% APRpaid last 24h −0.001%
Price spread now: OKX against Extended+0.054%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$840.843% of the position
Funding, last 7 days−0.156%−$16 on $10k
+Price spread, last 4 days (all we have)−0.063%−$6 · spread now +0.054%, 7d avg +0.027%
=Together, before fees−0.220%+ Points / potential airdropExtended: Active · farm board−$22 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.027% dearer against Extended than usual: you sell high and buy low (spread +0.054% now, against its 7-day average of +0.027%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 26 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended AXS-USD | 1.0622 | 0.0104 | pay 0.0013% / 1h | 49m 13s | $7K | $156K | 10x |
| Short | OKX AXS-USDT-SWAP | 1.0628 | 0.0020 | get 0.0010% / 4h | 1h 49m | $1.4M | $2.7M | 20x |
Extended AXS-USD
OKX AXS-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Extended. 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
- −$17.54
- Price spread: +0.054% → +0.027%
- $2.7
- Slippage, 4 orders
- −$69.31
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$99.14
- Costs to cover
- 0.843%
- Break-even
- never at this rate
Slippage from Extended: live order book, 31 min ago; OKX: live order book, 3 min ago.
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 Extended live order book, 31 min ago | 1.88 bp | 22.7 bp −$23 | 179.8 bp −$1,798 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 0.47 bp | 22.6 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
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 | −0.0476% | 1h | 1.0638 | +0.148% | $139K | $320K | 20x | as long as short |
| OKX AXS-USDT-SWAPshort | +0.0020% | 4h | 1.0628 | +0.054% | $1.4M | $2.7M | 20x | |
| Injective AXS/USDC PERP | +0.0033% | 1h | 1.0720 | +0.920% | $5 | $47K | 5.5x | as long as short |
| Orderly PERP_AXS_USDC | +0.0071% | 4h | 1.0620 | −0.021% | $3K | — | 10x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0651 | +0.270% | $28K | $36K | 5x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0627 | +0.044% | $261K | $293K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0630 | +0.069% | $72K | $11K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0629 | +0.063% | $5.9M | $9.3M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0623 | +0.007% | $3.2M | $3.6M | 75x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0627 | +0.044% | $958K | $1.0M | 50x | as long as short |
Kraken Futures PF_AXSUSD
Injective AXS/USDC PERP
Orderly PERP_AXS_USDC
Lighter AXS
Hyperliquid AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDT
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 | 1.0623 | +0.007% | $11.1M | $718K | 50x | as long as short |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0630 | +0.073% | $581K | $294K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0630 | +0.073% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0626 | +0.035% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0626 | +0.031% | $36K | $4K | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0630 | +0.073% | $751K | $882K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0627 | +0.044% | $2K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0627 | +0.044% | $682 | $3K | 5x | as long as short |
| Extended AXS-USDlong | +0.0104% | 1h | 1.0622 | long leg | $7K | $156K | 10x | |
| BloFin AXS-USDT | +0.0158% | 4h | 1.0628 | +0.054% | $271K | $17K | 75x | 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
BloFin AXS-USDT