Funding you earn now, next payment 05:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.024%
Price spread now: SoDEX against Injective−0.364%62s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. SoDEX is 0.364% cheaper against Injective than usual: you would sell low and buy high (spread −0.364% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$36 on $10k: about 18 days of funding at the current rate (+$2 a day). The two prices were read 62 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 | Injective AXS/USDC PERP | 1.0720 | 0.0033 | pay 0.0004% / 1h | 1m 50s | $5 | $47K | 5.5x |
| Short | SoDEX AXS-USD | 1.0681 | 0.0100 | get 0.0013% / 1h | 1m 50s | $751 | $3K | 5x |
Injective AXS/USDC PERP
SoDEX AXS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against Injective. 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
- $14
- Price spread: −0.364% → 0.000%
- −$36.38
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$30.4
- Costs to cover
- 0.080%
- Break-even
- 22.2 days
Slippage unknown: Injective: no order-book sample; SoDEX: 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 Injective no order-book sample | — | — | — | — | — |
| Sell SoDEX no order-book sample | — | — | — | — | — |
Injective and SoDEX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective AXS/USDC PERPlong | +0.0033% | 1h | 1.0720 | long leg | $5 | $47K | 5.5x | |
| Lighter AXS | +0.0096% | 1h | 1.0711 | −0.084% | $36K | $39K | 5x | as long as short |
| Orderly PERP_AXS_USDC | +0.0098% | 4h | 1.0680 | −0.373% | $3K | — | 10x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0684 | −0.336% | $259K | $309K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0679 | −0.383% | $73K | $14K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0683 | −0.345% | $6.1M | $10.4M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0687 | −0.308% | $3.7M | $4.2M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0680 | −0.373% | $1.4M | $2.9M | 20x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0679 | −0.382% | $848K | $899K | 50x | as long as short |
| MEXC AXS_USDT | +0.0100% | 4h | 1.0681 | −0.364% | $11.4M | $699K | 50x | as long as short |
Lighter AXS
Orderly PERP_AXS_USDC
Hyperliquid AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDT
OKX AXS-USDT-SWAP
Gate AXS_USDT
MEXC AXS_USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0690 | −0.280% | $596K | $282K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0680 | −0.373% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0683 | −0.345% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0723 | +0.029% | $37K | $953 | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0710 | −0.093% | $760K | $882K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0679 | −0.382% | $2K | $1.4M | 20x | as long as short |
| SoDEX AXS-USDshort | +0.0100% | 1h | 1.0681 | −0.364% | $751 | $3K | 5x | |
| Extended AXS-USD | +0.0104% | 1h | 1.0674 | −0.429% | $7K | $213K | 10x | as long as short |
| BloFin AXS-USDT | +0.0115% | 4h | 1.0687 | −0.308% | $276K | $28K | 75x | as long as short |
| Kraken Futures PF_AXSUSD | +0.0213% | 1h | 1.0696 | −0.223% | $140K | $345K | 20x | as long as short |
KuCoin AXSUSDTM
Bitget AXSUSDT
BingX AXS-USDT
Variational Omni AXS
GRVT AXS_USDT_Perp
SunX AXS-USDT
Extended AXS-USD
BloFin AXS-USDT
Kraken Futures PF_AXSUSD