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 −0.020%

Price spread now: Orderly against SunX+0.065%7-day average — · you sell dearer than you buy

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

Long on SunX Short on Orderly

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 pays, funding is against you. Orderly is 0.065% dearer against SunX than usual: you sell high and buy low (spread +0.065% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 11 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX AXS-USDT	1.0783	0.0100	pay 0.0050% / 4h	22m 39s	$1K	$1.3M	20x
Short	Orderly PERP_AXS_USDC	1.0790	0.0079	get 0.0040% / 4h	22m 39s	$3K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against SunX. 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 SunXbpFee OrderlybpOrdersPrice spread, now +0.065%Rate

Funding earned: −$4.31
Price spread: +0.065% → 0.000%: $6.49
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$11.82
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 11 min ago; Orderly: no order-book sample. 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 SunX live order book, 11 min ago	500.32 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

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	+0.181%	$141K	$314K	20x	as long as short
Injective AXS/USDC PERP	+0.0033%	1h	1.0720	−0.584%	$5	$47K	5.5x	as long as short
Orderly PERP_AXS_USDCshort	+0.0079%	4h	1.0790	+0.065%	$3K	—	10x
Lighter AXS	+0.0096%	1h	1.0819	+0.334%	$29K	$36K	5x	as long as short
Hyperliquid AXS	+0.0100%	1h	1.0792	+0.083%	$266K	$300K	5x	as long as short
Aster AXSUSDT	+0.0100%	4h	1.0796	+0.116%	$74K	$12K	10x	as long as short
Binance AXSUSDT	+0.0100%	4h	1.0796	+0.121%	$6.1M	$9.6M	75x	as long as short
Bybit AXSUSDT	+0.0100%	8h	1.0816	+0.306%	$3.7M	$4.0M	75x	as long as short
OKX AXS-USDT-SWAP	+0.0100%	4h	1.0807	+0.223%	$1.4M	$2.9M	20x	as long as short
Gate AXS_USDT	+0.0100%	8h	1.0803	+0.185%	$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	+0.139%	$11.5M	$750K	50x	as long as short
KuCoin AXSUSDTM	+0.0100%	4h	1.0790	+0.065%	$612K	$307K	50x	as long as short
Bitget AXSUSDT	+0.0100%	4h	1.0800	+0.158%	$3.2M	$1.2M	50x	as long as short
BingX AXS-USDT	+0.0100%	4h	1.0790	+0.065%	—	$2.6M	—	as long as short
Variational Omni AXS	+0.0100%	8h	1.0810	+0.248%	$37K	$4K	—	as long as short
GRVT AXS_USDT_Perp	+0.0100%	4h	1.0793	+0.094%	$771K	$892K	10x	as long as short
SunX AXS-USDTlong	+0.0100%	4h	1.0783	long leg	$1K	$1.3M	20x
SoDEX AXS-USD	+0.0100%	1h	1.0789	+0.056%	$703	$3K	5x	as long as short
Extended AXS-USD	+0.0104%	1h	1.0786	+0.025%	$7K	$156K	10x	as long as short
BloFin AXS-USDT	+0.0107%	4h	1.0789	+0.056%	$275K	$17K	75x	as long as short