Funding you earn now, next payment 01:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.024%
Price spread now: Bitget against Injective+1.026%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+0.148%+$15 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 Bitget is 1.026% dearer against Injective than usual: you sell high and buy low: +$103 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 | 1.0720 | 0.0033 | pay 0.0004% / 1h | 7m 22s | $5 | $47K | 5.5x |
| Short | Bitget AXSUSDT | 1.0830 | 0.0100 | get 0.0050% / 4h | 3h 07m | $3.2M | $1.2M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: +1.026% → 0.000%
- $102.61
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $104.59
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Bitget: live order book, just now. 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 Bitget live order book, just now | 4.62 bp | 32.0 bp −$32 | 53.7 bp −$537 | 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 | −0.0259% | 1h | 1.0835 | +1.071% | $147K | $330K | 20x | as long as short |
| Injective AXS/USDC PERPlong | +0.0033% | 1h | 1.0720 | long leg | $5 | $47K | 5.5x | |
| BloFin AXS-USDT | +0.0057% | 4h | 1.0827 | +0.998% | $279K | $17K | 75x | as long as short |
| Orderly PERP_AXS_USDC | +0.0080% | 4h | 1.0820 | +0.933% | $3K | — | 10x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0846 | +1.175% | $29K | $36K | 5x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0819 | +0.928% | $266K | $307K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0832 | +1.048% | $74K | $12K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0824 | +0.970% | $6.1M | $9.8M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0837 | +1.091% | $3.7M | $4.1M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0820 | +0.933% | $1.5M | $2.9M | 20x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate AXS_USDT | +0.0100% | 8h | 1.0814 | +0.877% | $864K | $1.1M | 50x | as long as short |
| MEXC AXS_USDT | +0.0100% | 4h | 1.0821 | +0.942% | $11.5M | $745K | 50x | as long as short |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0820 | +0.933% | $611K | $313K | 50x | as long as short |
| Bitget AXSUSDTshort | +0.0100% | 4h | 1.0830 | +1.026% | $3.2M | $1.2M | 50x | |
| BingX AXS-USDT | +0.0100% | 4h | 1.0825 | +0.979% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0796 | +0.711% | $37K | $4K | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0812 | +0.854% | $771K | $902K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0820 | +0.933% | $2K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0820 | +0.933% | $715 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0821 | +0.941% | $7K | $241K | 10x | as long as short |
Injective AXS/USDC PERP
Bitget AXSUSDT
Kraken Futures PF_AXSUSD
BloFin AXS-USDT
Lighter AXS
Hyperliquid AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDT
OKX AXS-USDT-SWAP
Gate AXS_USDT
MEXC AXS_USDT
KuCoin AXSUSDTM
BingX AXS-USDT
Variational Omni AXS
GRVT AXS_USDT_Perp
SunX AXS-USDT
SoDEX AXS-USD
Extended AXS-USD