Funding you earn now, next payment 22:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.024%
Price spread now: Binance against Injective−0.961%57s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.134%+$13 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Binance is 0.961% cheaper against Injective than usual: you would sell low and buy high (spread −0.961% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$96 on $10k: about 48 days of funding at the current rate (+$2 a day). The two prices were read 57 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 | Injective AXS/USDC PERP | 1.0720 | 0.0033 | pay 0.0004% / 1h | 8m 26s | $5 | $47K | 5.5x |
| Short | Binance AXSUSDT | 1.0617 | 0.0100 | get 0.0050% / 4h | 2h 08m | $5.9M | $9.3M | 75x |
Injective AXS/USDC PERP
Binance AXSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Injective. 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
- $14
- Price spread: −0.961% → 0.000%
- −$96.08
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$92.1
- Costs to cover
- 0.100%
- Break-even
- 53.1 days
Slippage unknown: Injective: no order-book sample; Binance: live order book, 1 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 1 min ago | 1.41 bp | 18.2 bp −$18 | 49.7 bp −$497 | doesn't fit | doesn't fit |
Injective: 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 | −0.0338% | 1h | 1.0626 | −0.879% | $139K | $322K | 20x | as long as short |
| Injective AXS/USDC PERPlong | +0.0033% | 1h | 1.0720 | long leg | $5 | $47K | 5.5x | |
| OKX AXS-USDT-SWAP | +0.0037% | 4h | 1.0614 | −0.989% | $1.4M | $2.7M | 20x | as long as short |
| Orderly PERP_AXS_USDC | +0.0074% | 4h | 1.0610 | −1.026% | $3K | — | 10x | as long as short |
| BloFin AXS-USDT | +0.0085% | 4h | 1.0621 | −0.924% | $273K | $30K | 75x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0640 | −0.746% | $28K | $36K | 5x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0618 | −0.951% | $261K | $293K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0621 | −0.924% | $72K | $11K | 10x | as long as short |
| Binance AXSUSDTshort | +0.0100% | 4h | 1.0617 | −0.961% | $5.9M | $9.3M | 75x | |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0609 | −1.035% | $3.2M | $3.6M | 75x | as long as short |
Kraken Futures PF_AXSUSD
OKX AXS-USDT-SWAP
Orderly PERP_AXS_USDC
BloFin AXS-USDT
Lighter AXS
Hyperliquid AXS
Aster AXSUSDT
Bybit AXSUSDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate AXS_USDT | +0.0100% | 8h | 1.0638 | −0.765% | $959K | $1.0M | 50x | as long as short |
| MEXC AXS_USDT | +0.0100% | 4h | 1.0615 | −0.979% | $11.1M | $764K | 50x | as long as short |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0620 | −0.933% | $583K | $294K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0620 | −0.933% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0612 | −1.007% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0610 | −1.029% | $36K | $4K | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0616 | −0.973% | $758K | $907K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0618 | −0.951% | $2K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0613 | −0.998% | $702 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0613 | −0.999% | $7K | $156K | 10x | 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
SoDEX AXS-USD
Extended AXS-USD