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

AXS

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: OKX against Lighter−0.234%7-day average · you buy dearer than you sell
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 5 days (all we have)no history yet
Price spread, last 7 daysno 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: OKX is 0.234% cheaper against Lighter than usual: you would sell low and buy high, −$23 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter AXS1.06890.0096pay 0.0012% / 1h44m 22s$32K$41K5x
ShortOKX AXS-USDT-SWAP1.06640.0100get 0.0050% / 4h44m 22s$1.4M$2.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Lighter. 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
$0.84
Price spread: −0.234% → 0.000%
−$23.39
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee OKX: 5 bp × 2 orders
−$10
Net
−$32.55
Costs to cover
0.100%
Break-even
278.2 days
Slippage unknown: Lighter: no order-book sample; OKX: live order book, 3 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 Lighter no order-book sample
Sell OKX live order book, 3 min ago1.41 bp22.2 bp −$22doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective AXS/USDC PERP+0.0033%1h1.0720+0.290%$5$47K5.5xas long as short
BloFin AXS-USDT+0.0057%4h1.0645−0.412%$276K$24K75xas long as short
Orderly PERP_AXS_USDC+0.0093%4h1.0670−0.178%$3K10xas long as short
Lighter AXSlong+0.0096%1h1.0689long leg$32K$41K5x
Hyperliquid AXS+0.0100%1h1.0683−0.056%$257K$312K5xas long as short
Aster AXSUSDT+0.0100%4h1.0665−0.225%$73K$14K10xas long as short
Binance AXSUSDT+0.0100%4h1.0669−0.187%$6.1M$10.2M75xas long as short
Bybit AXSUSDT+0.0100%8h1.0677−0.112%$3.7M$4.2M75xas long as short
OKX AXS-USDT-SWAPshort+0.0100%4h1.0664−0.234%$1.4M$2.9M20x
Gate AXS_USDT+0.0100%8h1.0662−0.253%$849K$898K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC AXS_USDT+0.0100%4h1.0668−0.196%$11.3M$668K50xas long as short
KuCoin AXSUSDTM+0.0100%4h1.0660−0.271%$598K$300K50xas long as short
Bitget AXSUSDT+0.0100%4h1.0670−0.178%$3.1M$1.2M50xas long as short
BingX AXS-USDT+0.0100%4h1.0663−0.243%$2.6Mas long as short
Variational Omni AXS+0.0100%8h1.0663−0.248%$36K$3Kas long as short
GRVT AXS_USDT_Perp+0.0100%4h1.0650−0.364%$756K$876K10xas long as short
SunX AXS-USDT+0.0100%4h1.0653−0.337%$1K$1.3M20xas long as short
SoDEX AXS-USD+0.0100%1h1.0648−0.384%$744$3K5xas long as short
Extended AXS-USD+0.0104%1h1.0656−0.310%$7K$243K10xas long as short
Kraken Futures PF_AXSUSD+0.0441%1h1.0652−0.346%$138K$349K20xas long as short