Funding you earn now, next payment 07:00 UTC+0.1114%/8h= +122.0% APRpaid last 24h +0.024%
Price spread now: OKX against Injective+1.276%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−0.009%−$1 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 +$33 a day on $10k at the current rate, and OKX is 1.276% dearer against Injective than usual: you sell high and buy low: +$128 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.009% in total (about -0.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective AXS/USDC PERP | 1.0580 | −0.1014 | get 0.0127% / 1h | 48m 49s | $1K | $48K | 5.5x |
| Short | OKX AXS-USDT-SWAP | 1.0715 | 0.0100 | get 0.0050% / 4h | 1h 48m | $1.4M | $3.0M | 20x |
Injective AXS/USDC PERP
OKX AXS-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $233.88
- Price spread: +1.276% → 0.000%
- $127.6
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $351.46
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; OKX: live order book, 3 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 OKX live order book, 3 min ago | 0.93 bp | 17.3 bp −$17 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective AXS/USDC PERPlong | −0.1014% | 1h | 1.0580 | long leg | $1K | $48K | 5.5x | |
| BloFin AXS-USDT | +0.0057% | 4h | 1.0734 | +1.456% | $279K | $30K | 75x | as long as short |
| Orderly PERP_AXS_USDC | +0.0097% | 4h | 1.0720 | +1.323% | $3K | — | 10x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0731 | +1.427% | $265K | $699K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0721 | +1.333% | $73K | $18K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0716 | +1.283% | $6.0M | $10.8M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0720 | +1.323% | $3.7M | $4.3M | 75x | as long as short |
| OKX AXS-USDT-SWAPshort | +0.0100% | 4h | 1.0715 | +1.276% | $1.4M | $3.0M | 20x | |
| Gate AXS_USDT | +0.0100% | 8h | 1.0717 | +1.295% | $849K | $630K | 50x | as long as short |
| MEXC AXS_USDT | +0.0100% | 4h | 1.0715 | +1.276% | $11.5M | $680K | 50x | as long as short |
BloFin AXS-USDT
Orderly PERP_AXS_USDC
Hyperliquid AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDT
Gate AXS_USDT
MEXC AXS_USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0720 | +1.323% | $581K | $290K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0710 | +1.229% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0721 | +1.333% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0719 | +1.311% | $36K | $953 | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0716 | +1.288% | $764K | $890K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0717 | +1.295% | $2K | $1.4M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0718 | +1.304% | $765 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0712 | +1.250% | $7K | $230K | 10x | as long as short |
| Lighter AXS | +0.0328% | 1h | 1.0748 | +1.588% | $37K | $39K | 5x | as long as short |
| Kraken Futures PF_AXSUSD | +0.0378% | 1h | 1.0731 | +1.425% | $141K | $355K | 20x | 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
Lighter AXS
Kraken Futures PF_AXSUSD