Funding you earn now, next payment 03:00 UTC+0.0071%/8h= +7.7% APRnext payment +$0.09 per $10,000 · paid last 24h +0.025%
Price spread now: Extended against Injective−0.350%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.139%+$14 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Extended is 0.350% cheaper against Injective than usual: you would sell low and buy high (spread −0.350% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$35 on $10k: about 16 days of funding at the current rate (+$2 a day).
| 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 | 57m 07s | $5 | $47K | 5.5x |
| Short | Extended AXS-USD | 1.0683 | 0.0104 | get 0.0013% / 1h | 57m 07s | $9K | $240K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $14.84
- Price spread: −0.350% → 0.000%
- −$34.97
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$25.15
- Costs to cover
- 0.050%
- Break-even
- 18.9 days
Slippage unknown: Injective: no order-book sample; Extended: live order book, 5 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 Extended live order book, 5 min ago | 1.45 bp | 19.3 bp −$19 | 159.8 bp −$1,598 | 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 19 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 | 1.0720 | long leg | $5 | $47K | 5.5x | |
| Orderly PERP_AXS_USDC | +0.0087% | 4h | 1.0680 | −0.373% | $3K | — | 10x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0711 | −0.084% | $32K | $41K | 5x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0700 | −0.187% | $258K | $313K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0687 | −0.305% | $73K | $14K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0686 | −0.313% | $6.0M | $10.0M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0686 | −0.317% | $3.7M | $4.2M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0694 | −0.243% | $1.4M | $2.9M | 20x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0685 | −0.326% | $851K | $951K | 50x | as long as short |
| MEXC AXS_USDT | +0.0100% | 4h | 1.0683 | −0.345% | $11.3M | $704K | 50x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0680 | −0.373% | $599K | $302K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0690 | −0.280% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0687 | −0.308% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0715 | −0.050% | $36K | $3K | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0710 | −0.093% | $765K | $886K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0679 | −0.382% | $1K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0685 | −0.326% | $734 | $3K | 5x | as long as short |
| Extended AXS-USDshort | +0.0104% | 1h | 1.0683 | −0.350% | $9K | $240K | 10x | |
| Kraken Futures PF_AXSUSD | +0.0362% | 1h | 1.0701 | −0.174% | $145K | $336K | 20x | as long as short |
Injective AXS/USDC PERP
Extended AXS-USD
Lighter AXS
Hyperliquid AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDT
OKX AXS-USDT-SWAP
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
Kraken Futures PF_AXSUSD