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

AXS

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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0031%/8h= +3.4% APRpaid last 24h −0.005%
Price spread now: Lighter against BloFin+0.216%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
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.216% dearer against BloFin than usual: you sell high and buy low: +$22 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin AXS-USDT1.06700.0065pay 0.0032% / 4h3h 53m$283K$29K75x
ShortLighter AXS1.06930.0096get 0.0012% / 1h53m 01s$36K$42K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
$6.6
Price spread: +0.216% → 0.000%
$21.56
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
$16.16
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: BloFin: live order book, 4 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 BloFin live order book, 4 min ago4.22 bp14.9 bp −$1530.1 bp −$301doesn't fitdoesn't fit
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%1h1.0580−0.843%$1K$48K5.5xas long as short
BloFin AXS-USDTlong+0.0065%4h1.0670long leg$283K$29K75x
Orderly PERP_AXS_USDC+0.0094%4h1.06700.000%$3K10xas long as short
Lighter AXSshort+0.0096%1h1.0693+0.216%$36K$42K5x
Hyperliquid AXS+0.0100%1h1.0673+0.028%$256K$705K5xas long as short
Aster AXSUSDT+0.0100%4h1.0665−0.050%$72K$17K10xas long as short
Binance AXSUSDT+0.0100%4h1.0664−0.056%$6.0M$10.8M75xas long as short
Bybit AXSUSDT+0.0100%8h1.06700.000%$3.7M$4.3M75xas long as short
OKX AXS-USDT-SWAP+0.0100%4h1.0664−0.056%$1.4M$3.0M20xas long as short
Gate AXS_USDT+0.0100%8h1.0667−0.028%$843K$524K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC AXS_USDT+0.0100%4h1.0688+0.169%$11.6M$703K50xas long as short
KuCoin AXSUSDTM+0.0100%4h1.0660−0.094%$588K$278K50xas long as short
Bitget AXSUSDT+0.0100%4h1.06700.000%$3.1M$1.2M50xas long as short
BingX AXS-USDT+0.0100%4h1.0663−0.066%$2.6Mas long as short
Variational Omni AXS+0.0100%8h1.0671+0.007%$36K$953as long as short
GRVT AXS_USDT_Perp+0.0100%4h1.0653−0.163%$763K$873K10xas long as short
SunX AXS-USDT+0.0100%4h1.0667−0.028%$1K$1.4M20xas long as short
SoDEX AXS-USD+0.0100%1h1.0669−0.009%$771$3K5xas long as short
Extended AXS-USD+0.0104%1h1.0661−0.083%$7K$250K10xas long as short
Kraken Futures PF_AXSUSD+0.0465%1h1.0682+0.114%$146K$348K20xas long as short