Funding you earn now, next payment 23:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.024%
Price spread now: MEXC against Injective+0.149%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+0.133%+$13 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 MEXC is 0.149% dearer against Injective than usual: you sell high and buy low: +$15 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 | 4m 49s | $5 | $47K | 5.5x |
| Short | MEXC AXS_USDT | 1.0736 | 0.0100 | get 0.0050% / 4h | 1h 04m | $11.3M | $746K | 50x |
Injective AXS/USDC PERP
MEXC AXS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: +0.149% → 0.000%
- $14.93
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $24.91
- Costs to cover
- 0.040%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; MEXC: live order book, 8 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 MEXC live order book, 8 min ago | 0.47 bp | 3.9 bp −$4 | 29.0 bp −$290 | 59.3 bp −$5,931 | 109.3 bp −$54.7K |
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 | −0.0470% | 1h | 1.0781 | +0.565% | $141K | $310K | 20x | as long as short |
| Injective AXS/USDC PERPlong | +0.0033% | 1h | 1.0720 | long leg | $5 | $47K | 5.5x | |
| Orderly PERP_AXS_USDC | +0.0075% | 4h | 1.0770 | +0.466% | $3K | — | 10x | as long as short |
| OKX AXS-USDT-SWAP | +0.0093% | 4h | 1.0762 | +0.392% | $1.4M | $2.8M | 20x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0777 | +0.532% | $29K | $36K | 5x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0759 | +0.364% | $265K | $297K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0763 | +0.401% | $73K | $11K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0748 | +0.265% | $6.0M | $9.4M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0752 | +0.299% | $3.7M | $3.9M | 75x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0748 | +0.261% | $968K | $1.0M | 50x | as long as short |
Kraken Futures PF_AXSUSD
Orderly PERP_AXS_USDC
OKX AXS-USDT-SWAP
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_USDTshort | +0.0100% | 4h | 1.0736 | +0.149% | $11.3M | $746K | 50x | |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0750 | +0.280% | $608K | $301K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0750 | +0.280% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0754 | +0.317% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0653 | −0.629% | $36K | $4K | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0636 | −0.783% | $756K | $875K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0756 | +0.336% | $1K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0769 | +0.457% | $701 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0743 | +0.212% | $7K | $156K | 10x | as long as short |
| BloFin AXS-USDT | +0.0143% | 4h | 1.0765 | +0.420% | $276K | $17K | 75x | as long as short |
KuCoin AXSUSDTM
Bitget AXSUSDT
BingX AXS-USDT
Variational Omni AXS
GRVT AXS_USDT_Perp
SunX AXS-USDT
SoDEX AXS-USD
Extended AXS-USD
BloFin AXS-USDT