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+0.0071%/8h= +7.7% APRnext payment +$0.09 per $10,000 · paid last 24h +0.025%
Price spread now: Extended against Injective+1.247%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+0.139%+$14 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Extended is 1.247% dearer against Injective than usual: you sell high and buy low: +$125 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% / 1h54m 57s$5$47K5.5x
ShortExtended AXS-USD1.08540.0104get 0.0013% / 1h54m 57s$7K$156K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$14.84
Price spread: +1.247% → 0.000%
$124.74
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$134.56
Costs to cover
0.050%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Extended: live order book, 21 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 Extended live order book, 21 min ago1.88 bp19.3 bp −$19162.2 bp −$1,622doesn'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%1h1.0858+1.287%$142K$310K20xas long as short
Injective AXS/USDC PERPlong+0.0033%1h1.0720long leg$5$47K5.5x
Orderly PERP_AXS_USDC+0.0073%4h1.0860+1.306%$3K10xas long as short
BloFin AXS-USDT+0.0078%4h1.0858+1.287%$276K$17K75xas long as short
Lighter AXS+0.0096%1h1.0884+1.530%$29K$36K5xas long as short
Hyperliquid AXS+0.0100%1h1.0864+1.343%$267K$297K5xas long as short
Aster AXSUSDT+0.0100%4h1.0860+1.309%$75K$11K10xas long as short
Binance AXSUSDT+0.0100%4h1.0857+1.276%$6.1M$9.5M75xas long as short
Bybit AXSUSDT+0.0100%8h1.0869+1.390%$3.8M$4.0M75xas long as short
OKX AXS-USDT-SWAP+0.0100%4h1.0854+1.250%$1.4M$2.9M20xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate AXS_USDT+0.0100%8h1.0865+1.353%$978K$1.0M50xas long as short
MEXC AXS_USDT+0.0100%4h1.0854+1.250%$11.5M$744K50xas long as short
KuCoin AXSUSDTM+0.0100%4h1.0850+1.213%$615K$306K50xas long as short
Bitget AXSUSDT+0.0100%4h1.0860+1.306%$3.2M$1.2M50xas long as short
BingX AXS-USDT+0.0100%4h1.0862+1.325%$2.6Mas long as short
Variational Omni AXS+0.0100%8h1.0849+1.199%$37K$4Kas long as short
GRVT AXS_USDT_Perp+0.0100%4h1.0819+0.923%$769K$867K10xas long as short
SunX AXS-USDT+0.0100%4h1.0866+1.362%$2K$1.3M20xas long as short
SoDEX AXS-USD+0.0100%1h1.0857+1.278%$706$3K5xas long as short
Extended AXS-USDshort+0.0104%1h1.0854+1.247%$7K$156K10x