Funding you earn now, next payment 10:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.047%
Price spread now: BingX against Injective+1.371%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.201%+$20 on $10k
+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 +$2 a day on $10k at the current rate, and BingX is 1.371% dearer against Injective than usual: you sell high and buy low: +$137 more if the spread 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 | Injective AXS/USDC PERP | 1.0580 | 0.0033 | pay 0.0004% / 1h | 59m 15s | $1K | $48K | 5.5x |
| Short | BingX AXS-USDT | 1.0725 | 0.0100 | get 0.0050% / 4h | 2h 59m | — | $2.6M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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: +1.371% → 0.000%
- $137.05
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $141.03
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; BingX: live order book, 10 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 BingX live order book, 10 min ago | 4.19 bp | 17.3 bp −$17 | 43.9 bp −$439 | 354.5 bp −$35.5K | 500.0 bp −$250.0K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective AXS/USDC PERPlong | +0.0033% | 1h | 1.0580 | long leg | $1K | $48K | 5.5x | |
| Orderly PERP_AXS_USDC | +0.0094% | 4h | 1.0720 | +1.323% | $3K | — | 10x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0750 | +1.607% | $37K | $42K | 5x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0722 | +1.342% | $256K | $702K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0726 | +1.382% | $73K | $15K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0716 | +1.285% | $6.0M | $10.6M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0721 | +1.333% | $3.7M | $4.2M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0716 | +1.285% | $1.5M | $3.0M | 20x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0726 | +1.380% | $847K | $389K | 50x | as long as short |
| MEXC AXS_USDT | +0.0100% | 4h | 1.0717 | +1.295% | $11.6M | $634K | 50x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0730 | +1.418% | $593K | $268K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0720 | +1.323% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDTshort | +0.0100% | 4h | 1.0725 | +1.371% | — | $2.6M | — | |
| Variational Omni AXS | +0.0100% | 8h | 1.0736 | +1.470% | $37K | $840 | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0732 | +1.439% | $769K | $857K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0715 | +1.276% | $2K | $1.4M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0716 | +1.285% | $791 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0712 | +1.248% | $7K | $249K | 10x | as long as short |
| BloFin AXS-USDT | +0.0106% | 4h | 1.0736 | +1.474% | $281K | $29K | 75x | as long as short |
| Kraken Futures PF_AXSUSD | +0.0619% | 1h | 1.0731 | +1.425% | $146K | $340K | 20x | as long as short |
Injective AXS/USDC PERP
BingX AXS-USDT
Lighter AXS
Hyperliquid AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDT
OKX AXS-USDT-SWAP
Gate AXS_USDT
MEXC AXS_USDT
KuCoin AXSUSDTM
Bitget AXSUSDT
Variational Omni AXS
GRVT AXS_USDT_Perp
SunX AXS-USDT
SoDEX AXS-USD
Extended AXS-USD
BloFin AXS-USDT
Kraken Futures PF_AXSUSD