Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against Aster+0.242%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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—+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.242% dearer against Aster than usual: you sell high and buy low, +$24 on $10k if it 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 | Aster AXSUSDT | 1.0763 | 0.0100 | pay 0.0050% / 4h | 1h 16m | $74K | $14K | 10x |
| Short | Lighter AXS | 1.0789 | 0.0096 | get 0.0012% / 1h | 16m 22s | $33K | $41K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Aster. 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
- −$0.84
- Price spread: +0.242% → 0.000%
- $24.24
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $15.4
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Aster: no order-book sample; Lighter: 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 Aster no order-book sample | — | — | — | — | — |
| Sell Lighter no order-book sample | — | — | — | — | — |
Aster and Lighter: 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 PERP | +0.0033% | 1h | 1.0720 | −0.399% | $5 | $47K | 5.5x | as long as short |
| Orderly PERP_AXS_USDC | +0.0091% | 4h | 1.0770 | +0.066% | $3K | — | 10x | as long as short |
| Lighter AXSshort | +0.0096% | 1h | 1.0789 | +0.242% | $33K | $41K | 5x | |
| Hyperliquid AXS | +0.0100% | 1h | 1.0769 | +0.057% | $259K | $309K | 5x | as long as short |
| Aster AXSUSDTlong | +0.0100% | 4h | 1.0763 | long leg | $74K | $14K | 10x | |
| Binance AXSUSDT | +0.0100% | 4h | 1.0768 | +0.051% | $6.1M | $10.0M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0775 | +0.112% | $3.8M | $4.2M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0768 | +0.047% | $1.4M | $2.9M | 20x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0761 | −0.018% | $857K | $954K | 50x | as long as short |
| MEXC AXS_USDT | +0.0100% | 4h | 1.0772 | +0.084% | $11.5M | $712K | 50x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0760 | −0.027% | $603K | $301K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0760 | −0.027% | $3.2M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0766 | +0.029% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0786 | +0.215% | $37K | $3K | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0780 | +0.159% | $775K | $873K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0762 | −0.008% | $2K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0765 | +0.019% | $749 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0760 | −0.027% | $7K | $240K | 10x | as long as short |
| BloFin AXS-USDT | +0.0135% | 4h | 1.0763 | +0.001% | $278K | $23K | 75x | as long as short |
| Kraken Futures PF_AXSUSD | +0.0359% | 1h | 1.0779 | +0.151% | $145K | $336K | 20x | as long as short |
Aster AXSUSDT
Lighter AXS
Injective AXS/USDC PERP
Hyperliquid AXS
Binance AXSUSDT
Bybit AXSUSDT
OKX AXS-USDT-SWAP
Gate AXS_USDT
MEXC AXS_USDT
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
Kraken Futures PF_AXSUSD