Funding you earn now, next payment 22:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h −0.002%
Price spread now: Lighter against Extended+0.209%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 airdropExtended: Active · 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 0.209% dearer against Extended than usual: you sell high and buy low, +$21 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 | Extended AXS-USD | 1.0593 | 0.0104 | pay 0.0013% / 1h | 1m 55s | $7K | $156K | 10x |
| Short | Lighter AXS | 1.0615 | 0.0096 | get 0.0012% / 1h | 1m 55s | $28K | $36K | 5x |
Extended AXS-USD
Lighter AXSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Extended. 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
- −$1.68
- Price spread: +0.209% → 0.000%
- $20.95
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $14.27
- Costs to cover
- 0.050%
- Break-even
- from the start
Slippage unknown: Extended: live order book, 19 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Extended live order book, 19 min ago | 1.88 bp | 22.7 bp −$23 | 179.8 bp −$1,798 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_AXSUSD | −0.0339% | 1h | 1.0610 | +0.165% | $139K | $322K | 20x | as long as short |
| OKX AXS-USDT-SWAP | +0.0012% | 4h | 1.0595 | +0.021% | $1.4M | $2.7M | 20x | as long as short |
| Injective AXS/USDC PERP | +0.0033% | 1h | 1.0720 | +1.201% | $5 | $47K | 5.5x | as long as short |
| Orderly PERP_AXS_USDC | +0.0072% | 4h | 1.0590 | −0.027% | $3K | — | 10x | as long as short |
| Lighter AXSshort | +0.0096% | 1h | 1.0615 | +0.209% | $28K | $36K | 5x | |
| Hyperliquid AXS | +0.0100% | 1h | 1.0600 | +0.068% | $260K | $293K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0592 | −0.004% | $72K | $11K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0594 | +0.011% | $5.9M | $9.3M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0592 | −0.008% | $3.1M | $3.6M | 75x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0587 | −0.055% | $954K | $1.0M | 50x | as long as short |
Kraken Futures PF_AXSUSD
OKX AXS-USDT-SWAP
Injective AXS/USDC PERP
Orderly PERP_AXS_USDC
Hyperliquid AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDT
Gate AXS_USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC AXS_USDT | +0.0100% | 4h | 1.0591 | −0.017% | $11.1M | $765K | 50x | as long as short |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0590 | −0.027% | $581K | $294K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0590 | −0.027% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0592 | −0.008% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0589 | −0.040% | $36K | $4K | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0599 | +0.054% | $756K | $888K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0598 | +0.049% | $2K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0596 | +0.030% | $694 | $3K | 5x | as long as short |
| BloFin AXS-USDT | +0.0101% | 4h | 1.0587 | −0.055% | $272K | $29K | 75x | as long as short |
| Extended AXS-USDlong | +0.0104% | 1h | 1.0593 | long leg | $7K | $156K | 10x |
MEXC AXS_USDT
KuCoin AXSUSDTM
Bitget AXSUSDT
BingX AXS-USDT
Variational Omni AXS
GRVT AXS_USDT_Perp
SunX AXS-USDT
SoDEX AXS-USD
BloFin AXS-USDT