AXS

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0021%/8h= +2.3% APRnext payment +$0.11 per $10,000 · paid last 24h +0.018%

Price spread now: MEXC against Orderly+0.056%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 MEXC

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

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and MEXC is 0.056% dearer against Orderly than usual: you sell high and buy low: +$6 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	Orderly PERP_AXS_USDC	1.0700	0.0079	pay 0.0039% / 4h	2h 19m	$3K	—	10x
Short	MEXC AXS_USDT	1.0706	0.0100	get 0.0050% / 4h	2h 19m	$11.4M	$728K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.056%Rate

Funding earned: $4.49
Price spread: +0.056% → 0.000%: $5.61
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee MEXC: 2 bp × 2 orders: −$4
Net: $0.1
Costs to cover: 0.100%
Break-even: 6.8 days

Slippage unknown: Orderly: no order-book sample; MEXC: live order book, 4 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 MEXC live order book, 4 min ago	0.47 bp	4.8 bp −$5	31.6 bp −$316	59.1 bp −$5,911	102.7 bp −$51.4K

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 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 PERP	+0.0033%	1h	1.0720	+0.187%	$5	$47K	5.5x	as long as short
Orderly PERP_AXS_USDClong	+0.0079%	4h	1.0700	long leg	$3K	—	10x
Lighter AXS	+0.0096%	1h	1.0735	+0.327%	$33K	$41K	5x	as long as short
Hyperliquid AXS	+0.0100%	1h	1.0713	+0.117%	$259K	$313K	5x	as long as short
Aster AXSUSDT	+0.0100%	4h	1.0714	+0.130%	$73K	$14K	10x	as long as short
Binance AXSUSDT	+0.0100%	4h	1.0706	+0.052%	$6.0M	$10.0M	75x	as long as short
Bybit AXSUSDT	+0.0100%	8h	1.0710	+0.093%	$3.8M	$4.3M	75x	as long as short
OKX AXS-USDT-SWAP	+0.0100%	4h	1.0698	−0.019%	$1.4M	$2.9M	20x	as long as short
Gate AXS_USDT	+0.0100%	8h	1.0700	0.000%	$853K	$995K	50x	as long as short
MEXC AXS_USDTshort	+0.0100%	4h	1.0706	+0.056%	$11.4M	$728K	50x

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin AXSUSDTM	+0.0100%	4h	1.0710	+0.093%	$600K	$304K	50x	as long as short
Bitget AXSUSDT	+0.0100%	4h	1.0710	+0.093%	$3.1M	$1.2M	50x	as long as short
BingX AXS-USDT	+0.0100%	4h	1.0702	+0.019%	—	$2.6M	—	as long as short
Variational Omni AXS	+0.0100%	8h	1.0731	+0.290%	$37K	$4K	—	as long as short
GRVT AXS_USDT_Perp	+0.0100%	4h	1.0745	+0.418%	$762K	$920K	10x	as long as short
SunX AXS-USDT	+0.0100%	4h	1.0705	+0.047%	$1K	$1.3M	20x	as long as short
SoDEX AXS-USD	+0.0100%	1h	1.0706	+0.056%	$718	$3K	5x	as long as short
Extended AXS-USD	+0.0104%	1h	1.0698	−0.017%	$9K	$240K	10x	as long as short
Kraken Futures PF_AXSUSD	+0.0357%	1h	1.0725	+0.232%	$144K	$334K	20x	as long as short