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

AXS

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0080%/8h= −8.7% APRpaid last 24h −0.031%
Price spread now: Injective against BloFin−0.344%7-day average · you buy dearer than you sell
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 7 days−0.260%−$26 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 0.344% cheaper against BloFin than usual: you would sell low and buy high (−$34 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin AXS-USDT1.07570.0113pay 0.0056% / 4h3h 57m$277K$25K75x
ShortInjective AXS/USDC PERP1.07200.0033get 0.0004% / 1h57m 46s$5$47K5.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against BloFin. 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
−$16.72
Price spread: −0.344% → 0.000%
−$34.4
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$63.14
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 24 min ago; Injective: 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 BloFin live order book, 24 min ago3.73 bp18.1 bp −$1833.1 bp −$331doesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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 PERPshort+0.0033%1h1.0720−0.344%$5$47K5.5x
Orderly PERP_AXS_USDC+0.0093%4h1.0760+0.028%$3K10xas long as short
Hyperliquid AXS+0.0100%1h1.0766+0.084%$261K$310K5xas long as short
Aster AXSUSDT+0.0100%4h1.0759+0.022%$73K$14K10xas long as short
Binance AXSUSDT+0.0100%4h1.0761+0.037%$6.1M$10.3M75xas long as short
Bybit AXSUSDT+0.0100%8h1.0765+0.074%$3.7M$4.2M75xas long as short
OKX AXS-USDT-SWAP+0.0100%4h1.0758+0.009%$1.4M$2.9M20xas long as short
Gate AXS_USDT+0.0100%8h1.0764+0.065%$856K$894K50xas long as short
MEXC AXS_USDT+0.0100%4h1.0759+0.019%$11.5M$681K50xas long as short
KuCoin AXSUSDTM+0.0100%4h1.0760+0.028%$603K$295K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AXSUSDT+0.0100%4h1.0760+0.028%$3.1M$1.2M50xas long as short
BingX AXS-USDT+0.0100%4h1.0762+0.046%$2.6Mas long as short
Variational Omni AXS+0.0100%8h1.0766+0.080%$37K$953as long as short
GRVT AXS_USDT_Perp+0.0100%4h1.0751−0.056%$768K$901K10xas long as short
SunX AXS-USDT+0.0100%4h1.0761+0.037%$1K$1.3M20xas long as short
SoDEX AXS-USD+0.0100%1h1.07570.000%$756$3K5xas long as short
Extended AXS-USD+0.0104%1h1.0757−0.004%$10K$242K10xas long as short
BloFin AXS-USDTlong+0.0113%4h1.0757long leg$277K$25K75x
Kraken Futures PF_AXSUSD+0.0212%1h1.0771+0.131%$140K$340K20xas long as short
Lighter AXS+0.0312%1h1.0784+0.251%$33K$34K5xas long as short