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

AXS

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0030%/8h= +3.3% APRpaid last 24h +0.027%
Price spread now: BloFin against Injective+0.812%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 7 days+0.258%+$26 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.812% dearer against Injective than usual: you sell high and buy low: +$81 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective AXS/USDC PERP1.07200.0033pay 0.0004% / 1h2m 06s$5$47K5.5x
ShortBloFin AXS-USDT1.08070.0063get 0.0032% / 4h2m 06s$274K$17K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Injective. 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
$6.33
Price spread: +0.812% → 0.000%
$81.16
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee BloFin: 6 bp × 2 orders
−$12
Net
$75.47
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; BloFin: live order book, 4 min ago. 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 Injective no order-book sample
Sell BloFin live order book, 4 min ago0.46 bp17.3 bp −$1733.1 bp −$331doesn't fitdoesn't fit
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
Kraken Futures PF_AXSUSD−0.0238%1h1.0830+1.026%$142K$315K20xas long as short
Injective AXS/USDC PERPlong+0.0033%1h1.0720long leg$5$47K5.5x
BloFin AXS-USDTshort+0.0063%4h1.0807+0.812%$274K$17K75x
Orderly PERP_AXS_USDC+0.0080%4h1.0830+1.026%$3K10xas long as short
Lighter AXS+0.0096%1h1.0846+1.175%$29K$36K5xas long as short
Hyperliquid AXS+0.0100%1h1.0827+1.001%$266K$297K5xas long as short
Aster AXSUSDT+0.0100%4h1.0822+0.953%$74K$12K10xas long as short
Binance AXSUSDT+0.0100%4h1.0819+0.924%$6.1M$9.6M75xas long as short
Bybit AXSUSDT+0.0100%8h1.0834+1.063%$3.7M$4.1M75xas long as short
OKX AXS-USDT-SWAP+0.0100%4h1.0819+0.924%$1.4M$3.0M20xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate AXS_USDT+0.0100%8h1.0825+0.979%$974K$1.0M50xas long as short
MEXC AXS_USDT+0.0100%4h1.0820+0.933%$11.5M$753K50xas long as short
KuCoin AXSUSDTM+0.0100%4h1.0820+0.933%$614K$304K50xas long as short
Bitget AXSUSDT+0.0100%4h1.0820+0.933%$3.2M$1.2M50xas long as short
BingX AXS-USDT+0.0100%4h1.0820+0.933%$2.6Mas long as short
Variational Omni AXS+0.0100%8h1.0786+0.616%$37K$4Kas long as short
GRVT AXS_USDT_Perp+0.0100%4h1.0775+0.515%$764K$906K10xas long as short
SunX AXS-USDT+0.0100%4h1.0827+0.998%$1K$1.3M20xas long as short
SoDEX AXS-USD+0.0100%1h1.0821+0.942%$725$3K5xas long as short
Extended AXS-USD+0.0104%1h1.0826+0.986%$7K$156K10xas long as short