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

AXS

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.024%
Price spread now: Variational Omni against Injective+0.258%91s7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Variational Omni is 0.258% dearer against Injective than usual: you sell high and buy low: +$26 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 91 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective AXS/USDC PERP1.07200.0033pay 0.0004% / 1h31m 52s$5$47K5.5x
ShortVariational Omni AXS1.07480.0100get 0.0100% / 8h3h 31m$37K$953

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
Price spread: +0.258% → 0.000%
$25.76
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$39.74
Costs to cover
0.000%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Variational Omni: 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
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell Variational Omni no order-book sample
Injective and Variational Omni: 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
Injective AXS/USDC PERPlong+0.0033%1h1.0720long leg$5$47K5.5x
BloFin AXS-USDT+0.0069%4h1.0739+0.177%$276K$26K75xas long as short
Orderly PERP_AXS_USDC+0.0093%4h1.0740+0.187%$3K10xas long as short
Hyperliquid AXS+0.0100%1h1.0750+0.280%$261K$309K5xas long as short
Aster AXSUSDT+0.0100%4h1.0748+0.261%$73K$14K10xas long as short
Binance AXSUSDT+0.0100%4h1.0746+0.243%$6.1M$10.4M75xas long as short
Bybit AXSUSDT+0.0100%8h1.0748+0.261%$3.7M$4.2M75xas long as short
OKX AXS-USDT-SWAP+0.0100%4h1.0743+0.215%$1.4M$2.9M20xas long as short
Gate AXS_USDT+0.0100%8h1.0740+0.187%$853K$897K50xas long as short
MEXC AXS_USDT+0.0100%4h1.0744+0.224%$11.5M$695K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin AXSUSDTM+0.0100%4h1.0750+0.280%$602K$283K50xas long as short
Bitget AXSUSDT+0.0100%4h1.0740+0.187%$3.1M$1.1M50xas long as short
BingX AXS-USDT+0.0100%4h1.0748+0.261%$2.6Mas long as short
Variational Omni AXSshort+0.0100%8h1.0748+0.258%$37K$953
GRVT AXS_USDT_Perp+0.0100%4h1.0746+0.239%$768K$893K10xas long as short
SunX AXS-USDT+0.0100%4h1.0733+0.121%$1K$1.3M20xas long as short
SoDEX AXS-USD+0.0100%1h1.0743+0.215%$738$3K5xas long as short
Extended AXS-USD+0.0104%1h1.0742+0.205%$8K$238K10xas long as short
Lighter AXS+0.0168%1h1.0770+0.466%$37K$39K5xas long as short
Kraken Futures PF_AXSUSD+0.0212%1h1.0756+0.335%$141K$344K20xas long as short