Funding you earn now, next payment 06:00 UTC+0.0021%/8h= +2.3% APRpaid last 24h +0.010%
Price spread now: BloFin against Lighter−0.093%90s7-day average — · you buy dearer than you sell
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 pays, the price is against you. BloFin is 0.093% cheaper against Lighter than usual: you would sell low and buy high (spread −0.093% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 15 days of funding at the current rate (+$1 a day). The two prices were read 90 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 | Lighter AXS | 1.0721 | 0.0096 | pay 0.0012% / 1h | 15m 45s | $36K | $39K | 5x |
| Short | BloFin AXS-USDT | 1.0711 | 0.0117 | get 0.0059% / 4h | 2h 15m | $277K | $30K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Lighter. 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
- $4.47
- Price spread: −0.093% → 0.000%
- −$9.33
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$16.85
- Costs to cover
- 0.120%
- Break-even
- 33.4 days
Slippage unknown: Lighter: no order-book sample; BloFin: live order book, 56 min ago. 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 Lighter no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 56 min ago | 1.40 bp | 15.9 bp −$16 | 32.5 bp −$325 | doesn't fit | doesn't fit |
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 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 PERP | +0.0033% | 1h | 1.0580 | −1.315% | $1K | $48K | 5.5x | as long as short |
| Lighter AXSlong | +0.0096% | 1h | 1.0721 | long leg | $36K | $39K | 5x | |
| Orderly PERP_AXS_USDC | +0.0097% | 4h | 1.0710 | −0.103% | $3K | — | 10x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0715 | −0.056% | $270K | $676K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0707 | −0.133% | $73K | $15K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0706 | −0.137% | $6.0M | $10.8M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0706 | −0.140% | $3.7M | $4.3M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0702 | −0.177% | $1.4M | $3.0M | 20x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0712 | −0.084% | $848K | $830K | 50x | as long as short |
| MEXC AXS_USDT | +0.0100% | 4h | 1.0712 | −0.084% | $11.5M | $674K | 50x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0700 | −0.196% | $584K | $289K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0710 | −0.103% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0705 | −0.149% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0707 | −0.128% | $36K | $953 | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0685 | −0.340% | $766K | $896K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0719 | −0.019% | $2K | $1.4M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0709 | −0.112% | $761 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0707 | −0.129% | $10K | $228K | 10x | as long as short |
| BloFin AXS-USDTshort | +0.0117% | 4h | 1.0711 | −0.093% | $277K | $30K | 75x | |
| Kraken Futures PF_AXSUSD | +0.0413% | 1h | 1.0719 | −0.020% | $142K | $352K | 20x | as long as short |
Lighter AXS
BloFin AXS-USDT
Injective AXS/USDC PERP
Hyperliquid AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDT
OKX AXS-USDT-SWAP
Gate AXS_USDT
MEXC AXS_USDT
KuCoin AXSUSDTM
Bitget AXSUSDT
BingX AXS-USDT
Variational Omni AXS
GRVT AXS_USDT_Perp
SunX AXS-USDT
SoDEX AXS-USD
Extended AXS-USD
Kraken Futures PF_AXSUSD