AXS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0021%/8h= +2.2% APRnext payment +$0.10 per $10,000 · paid last 24h +0.030%

Price spread now: BingX against Orderly0.000%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Orderly Short on BingX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_AXS_USDC	1.0790	0.0079	pay 0.0040% / 4h	22m 40s	$3K	—	10x
Short	BingX AXS-USDT	1.0790	0.0100	get 0.0050% / 4h	22m 40s	—	$2.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Orderly. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee OrderlybpFee BingXbpOrdersPrice spread, now 0.000%Rate

Funding earned: $4.31
Price spread: 0.000% → 0.000%: $0
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee BingX: 5 bp × 2 orders: −$10
Net: −$11.69
Costs to cover: 0.160%
Break-even: 26.0 days

Slippage unknown: Orderly: no order-book sample; BingX: live order book, 12 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 Orderly no order-book sample	—	—	—	—	—
Sell BingX live order book, 12 min ago	4.16 bp	16.8 bp −$17	39.4 bp −$394	314.8 bp −$31.5K	449.1 bp −$224.6K

Orderly: 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	−0.0239%	1h	1.0803	+0.116%	$141K	$314K	20x	as long as short
Injective AXS/USDC PERP	+0.0033%	1h	1.0720	−0.649%	$5	$47K	5.5x	as long as short
Orderly PERP_AXS_USDClong	+0.0079%	4h	1.0790	long leg	$3K	—	10x
Lighter AXS	+0.0096%	1h	1.0819	+0.269%	$29K	$36K	5x	as long as short
Hyperliquid AXS	+0.0100%	1h	1.0792	+0.019%	$266K	$300K	5x	as long as short
Aster AXSUSDT	+0.0100%	4h	1.0796	+0.051%	$74K	$12K	10x	as long as short
Binance AXSUSDT	+0.0100%	4h	1.0796	+0.056%	$6.1M	$9.6M	75x	as long as short
Bybit AXSUSDT	+0.0100%	8h	1.0816	+0.241%	$3.7M	$4.0M	75x	as long as short
OKX AXS-USDT-SWAP	+0.0100%	4h	1.0807	+0.158%	$1.4M	$2.9M	20x	as long as short
Gate AXS_USDT	+0.0100%	8h	1.0803	+0.120%	$972K	$1.0M	50x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC AXS_USDT	+0.0100%	4h	1.0798	+0.074%	$11.5M	$750K	50x	as long as short
KuCoin AXSUSDTM	+0.0100%	4h	1.0790	0.000%	$612K	$307K	50x	as long as short
Bitget AXSUSDT	+0.0100%	4h	1.0800	+0.093%	$3.2M	$1.2M	50x	as long as short
BingX AXS-USDTshort	+0.0100%	4h	1.0790	0.000%	—	$2.6M	—
Variational Omni AXS	+0.0100%	8h	1.0810	+0.183%	$37K	$4K	—	as long as short
GRVT AXS_USDT_Perp	+0.0100%	4h	1.0793	+0.029%	$771K	$892K	10x	as long as short
SunX AXS-USDT	+0.0100%	4h	1.0783	−0.065%	$1K	$1.3M	20x	as long as short
SoDEX AXS-USD	+0.0100%	1h	1.0789	−0.009%	$703	$3K	5x	as long as short
Extended AXS-USD	+0.0104%	1h	1.0786	−0.040%	$7K	$156K	10x	as long as short
BloFin AXS-USDT	+0.0107%	4h	1.0789	−0.009%	$275K	$17K	75x	as long as short