Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.019%
Price spread now: Lighter against GRVT+0.267%48s7-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 airdropGRVT: 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 0.267% dearer against GRVT than usual: you sell high and buy low, +$27 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT AXS_USDT_Perp | 1.0630 | 0.0100 | pay 0.0050% / 4h | 1h 10m | $755K | $875K | 10x |
| Short | Lighter AXS | 1.0658 | 0.0096 | get 0.0012% / 1h | 10m 44s | $28K | $36K | 5x |
GRVT AXS_USDT_Perp
Lighter AXSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against GRVT. 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: +0.267% → 0.000%
- $26.68
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $16.84
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: GRVT: live order book, 7 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 GRVT live order book, 7 min ago | 4.71 bp | 22.1 bp −$22 | 205.2 bp −$2,052 | 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 | −0.0476% | 1h | 1.0641 | +0.105% | $139K | $306K | 20x | as long as short |
| Injective AXS/USDC PERP | +0.0033% | 1h | 1.0720 | +0.850% | $5 | $47K | 5.5x | as long as short |
| Orderly PERP_AXS_USDC | +0.0075% | 4h | 1.0630 | +0.003% | $3K | — | 10x | as long as short |
| OKX AXS-USDT-SWAP | +0.0082% | 4h | 1.0635 | +0.050% | $1.4M | $2.7M | 20x | as long as short |
| Lighter AXSshort | +0.0096% | 1h | 1.0658 | +0.267% | $28K | $36K | 5x | |
| Hyperliquid AXS | +0.0100% | 1h | 1.0641 | +0.107% | $262K | $297K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0635 | +0.048% | $72K | $11K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0632 | +0.022% | $5.9M | $9.2M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0631 | +0.013% | $3.2M | $3.6M | 75x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0633 | +0.032% | $957K | $1.0M | 50x | as long as short |
Kraken Futures PF_AXSUSD
Injective AXS/USDC PERP
Orderly PERP_AXS_USDC
OKX AXS-USDT-SWAP
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 | 1.0629 | −0.006% | $11.1M | $729K | 50x | as long as short |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0630 | +0.003% | $588K | $297K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0630 | +0.003% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0635 | +0.050% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0626 | −0.033% | $36K | $4K | — | as long as short |
| GRVT AXS_USDT_Perplong | +0.0100% | 4h | 1.0630 | long leg | $755K | $875K | 10x | |
| SunX AXS-USDT | +0.0100% | 4h | 1.0637 | +0.069% | $1K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0631 | +0.013% | $693 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0628 | −0.011% | $7K | $156K | 10x | as long as short |
| BloFin AXS-USDT | +0.0115% | 4h | 1.0635 | +0.050% | $272K | $17K | 75x | as long as short |
MEXC AXS_USDT
KuCoin AXSUSDTM
Bitget AXSUSDT
BingX AXS-USDT
Variational Omni AXS
SunX AXS-USDT
SoDEX AXS-USD
Extended AXS-USD
BloFin AXS-USDT