Funding you earn now, next payment 12:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h 0.000%
Price spread now: Lighter against KuCoin+0.304%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: 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 0.304% dearer against KuCoin than usual: you sell high and buy low, +$30 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin AXSUSDTM | 1.0540 | 0.0100 | pay 0.0050% / 4h | 48m 38s | $581K | $223K | 50x |
| Short | Lighter AXS | 1.0572 | 0.0096 | get 0.0012% / 1h | 48m 38s | $36K | $39K | 5x |
KuCoin AXSUSDTM
Lighter AXSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against KuCoin. 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: +0.304% → 0.000%
- $30.36
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $17.52
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: KuCoin: live order book, 47 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 KuCoin live order book, 47 min ago | 4.72 bp | 80.1 bp −$80 | 426.2 bp −$4,262 | 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 exchanges
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 PERP | +0.0033% | 1h | 1.0580 | +0.380% | $1K | $48K | 5.5x | as long as short |
| Orderly PERP_AXS_USDC | +0.0086% | 4h | 1.0500 | −0.380% | $3K | — | 10x | as long as short |
| Lighter AXSshort | +0.0096% | 1h | 1.0572 | +0.304% | $36K | $39K | 5x | |
| Hyperliquid AXS | +0.0100% | 1h | 1.0547 | +0.066% | $249K | $661K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0548 | +0.077% | $71K | $16K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0549 | +0.081% | $5.9M | $8.9M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0550 | +0.095% | $3.6M | $3.3M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0551 | +0.104% | $1.4M | $2.6M | 20x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0508 | −0.304% | $825K | $295K | 50x | as long as short |
| MEXC AXS_USDT | +0.0100% | 4h | 1.0545 | +0.047% | $11.3M | $598K | 50x | as long as short |
Injective AXS/USDC PERP
Orderly PERP_AXS_USDC
Hyperliquid AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDT
OKX AXS-USDT-SWAP
Gate AXS_USDT
MEXC AXS_USDTShow all 20 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin AXSUSDTMlong | +0.0100% | 4h | 1.0540 | long leg | $581K | $223K | 50x | |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0540 | 0.000% | $3.1M | $913K | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0547 | +0.066% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0530 | −0.093% | $42K | $7K | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0540 | 0.000% | $750K | $793K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0535 | −0.047% | $2K | $1.1M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0520 | −0.190% | $465 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0526 | −0.129% | $7K | $254K | 10x | as long as short |
| BloFin AXS-USDT | +0.0129% | 4h | 1.0508 | −0.304% | $289K | $29K | 75x | as long as short |
| Kraken Futures PF_AXSUSD | +0.0388% | 1h | 1.0521 | −0.179% | $144K | $323K | 20x | as long as short |
Bitget AXSUSDT
BingX AXS-USDT
Variational Omni AXS
GRVT AXS_USDT_Perp
SunX AXS-USDT
SoDEX AXS-USD
Extended AXS-USD
BloFin AXS-USDT
Kraken Futures PF_AXSUSD