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

AXS

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Variational Omni+0.610%7-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 3 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 · Hyperliquid: Season 2 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.610% dearer against Variational Omni than usual: you sell high and buy low, +$61 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni AXS1.06350.0100pay 0.0100% / 8h4h 31m$36K$2K
ShortHyperliquid AXS1.07000.0100get 0.0013% / 1h31m 56s$258K$309K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Variational Omni. 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
Price spread: +0.610% → 0.000%
$60.99
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$51.99
Costs to cover
0.090%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; Hyperliquid: live order book, 58 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 Variational Omni no order-book sample
Sell Hyperliquid live order book, 58 min ago2.79 bp25.4 bp −$25doesn't fitdoesn't fitdoesn't fit
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 PERP+0.0033%1h1.0720+0.798%$5$47K5.5xas long as short
BloFin AXS-USDT+0.0050%4h1.0684+0.459%$275K$24K75xas long as short
Orderly PERP_AXS_USDC+0.0093%4h1.0690+0.516%$3K10xas long as short
Lighter AXS+0.0096%1h1.0719+0.789%$33K$41K5xas long as short
Hyperliquid AXSshort+0.0100%1h1.0700+0.610%$258K$309K5x
Aster AXSUSDT+0.0100%4h1.0688+0.501%$73K$14K10xas long as short
Binance AXSUSDT+0.0100%4h1.0692+0.535%$6.1M$10.3M75xas long as short
Bybit AXSUSDT+0.0100%8h1.0703+0.638%$3.7M$4.2M75xas long as short
OKX AXS-USDT-SWAP+0.0100%4h1.0691+0.525%$1.4M$2.9M20xas long as short
Gate AXS_USDT+0.0100%8h1.0683+0.450%$851K$900K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC AXS_USDT+0.0100%4h1.0694+0.553%$11.4M$669K50xas long as short
KuCoin AXSUSDTM+0.0100%4h1.0690+0.516%$599K$300K50xas long as short
Bitget AXSUSDT+0.0100%4h1.0690+0.516%$3.1M$1.2M50xas long as short
BingX AXS-USDT+0.0100%4h1.0691+0.525%$2.6Mas long as short
Variational Omni AXSlong+0.0100%8h1.0635long leg$36K$2K
GRVT AXS_USDT_Perp+0.0100%4h1.0652+0.155%$756K$898K10xas long as short
SunX AXS-USDT+0.0100%4h1.0689+0.506%$1K$1.3M20xas long as short
SoDEX AXS-USD+0.0100%1h1.0697+0.582%$750$3K5xas long as short
Extended AXS-USD+0.0104%1h1.0689+0.504%$10K$244K10xas long as short
Kraken Futures PF_AXSUSD+0.0439%1h1.0707+0.672%$139K$347K20xas long as short