Settings8H · net · $10k
Funding arb · Price arb /

AXS

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.006%
Price spread now: Lighter against BingX+0.292%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: 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 0.292% dearer against BingX than usual: you sell high and buy low, +$29 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX AXS-USDT1.06210.0100pay 0.0050% / 4h2h 38m$2.6M
ShortLighter AXS1.06520.0096get 0.0012% / 1h38m 35s$36K$39K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against BingX. 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

Funding earned
−$0.84
Price spread: +0.292% → 0.000%
$29.19
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
$18.35
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: BingX: live order book, 6 min ago; 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
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 6 min ago4.68 bp18.5 bp −$1939.2 bp −$392372.7 bp −$37.3K488.0 bp −$244.0K
Sell Lighter no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective AXS/USDC PERP+0.0033%1h1.0720+0.932%$5$47K5.5xas long as short
Lighter AXSshort+0.0096%1h1.0652+0.292%$36K$39K5x
Hyperliquid AXS+0.0100%1h1.0632+0.104%$257K$312K5xas long as short
Aster AXSUSDT+0.0100%4h1.0625+0.038%$72K$14K10xas long as short
Binance AXSUSDT+0.0100%4h1.0625+0.034%$6.0M$10.5M75xas long as short
Bybit AXSUSDT+0.0100%8h1.0627+0.056%$3.7M$4.3M75xas long as short
OKX AXS-USDT-SWAP+0.0100%4h1.0619−0.019%$1.4M$2.9M20xas long as short
Gate AXS_USDT+0.0100%8h1.0619−0.019%$842K$827K50xas long as short
MEXC AXS_USDT+0.0100%4h1.0623+0.019%$11.4M$669K50xas long as short
KuCoin AXSUSDTM+0.0100%4h1.0620−0.009%$587K$285K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AXSUSDT+0.0100%4h1.0630+0.085%$3.1M$1.2M50xas long as short
BingX AXS-USDTlong+0.0100%4h1.0621long leg$2.6M
Variational Omni AXS+0.0100%8h1.0650+0.271%$36K$953as long as short
GRVT AXS_USDT_Perp+0.0100%4h1.0670+0.461%$766K$882K10xas long as short
Orderly PERP_AXS_USDC+0.0100%4h1.0610−0.104%$3K10xas long as short
SunX AXS-USDT+0.0100%4h1.0613−0.075%$2K$1.4M20xas long as short
SoDEX AXS-USD+0.0100%1h1.0609−0.113%$752$3K5xas long as short
Extended AXS-USD+0.0104%1h1.0621+0.001%$7K$223K10xas long as short
BloFin AXS-USDT+0.0136%4h1.0613−0.075%$277K$27K75xas long as short
Kraken Futures PF_AXSUSD+0.0416%1h1.0630+0.082%$141K$349K20xas long as short