Funding you earn now, next payment 00:00 UTC+0.0043%/8h= +4.7% APRpaid last 24h −0.004%
Price spread now: Lighter against BloFin+0.222%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 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
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.222% dearer against BloFin than usual: you sell high and buy low: +$22 more if the spread 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 | BloFin AXS-USDT | 1.0809 | 0.0053 | pay 0.0027% / 4h | 41m 07s | $277K | $17K | 75x |
| Short | Lighter AXS | 1.0833 | 0.0096 | get 0.0012% / 1h | 41m 07s | $29K | $36K | 5x |
BloFin AXS-USDT
Lighter AXSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against BloFin. 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
- $8.96
- Price spread: +0.222% → 0.000%
- $22.2
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $19.17
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: BloFin: live order book, 30 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 BloFin live order book, 30 min ago | 0.47 bp | 12.2 bp −$12 | 30.4 bp −$304 | 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_AXSUSD | −0.0238% | 1h | 1.0825 | +0.149% | $141K | $311K | 20x | as long as short |
| Injective AXS/USDC PERP | +0.0033% | 1h | 1.0720 | −0.823% | $5 | $47K | 5.5x | as long as short |
| BloFin AXS-USDTlong | +0.0053% | 4h | 1.0809 | long leg | $277K | $17K | 75x | |
| Orderly PERP_AXS_USDC | +0.0078% | 4h | 1.0820 | +0.102% | $3K | — | 10x | as long as short |
| Lighter AXSshort | +0.0096% | 1h | 1.0833 | +0.222% | $29K | $36K | 5x | |
| Hyperliquid AXS | +0.0100% | 1h | 1.0814 | +0.046% | $265K | $298K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0813 | +0.033% | $75K | $11K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0812 | +0.029% | $6.1M | $9.6M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0827 | +0.167% | $3.7M | $4.0M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0811 | +0.019% | $1.4M | $2.9M | 20x | as long as short |
Kraken Futures PF_AXSUSD
Injective AXS/USDC PERP
Orderly PERP_AXS_USDC
Hyperliquid AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDT
OKX AXS-USDT-SWAPShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate AXS_USDT | +0.0100% | 8h | 1.0818 | +0.083% | $974K | $1.0M | 50x | as long as short |
| MEXC AXS_USDT | +0.0100% | 4h | 1.0809 | 0.000% | $11.5M | $745K | 50x | as long as short |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0830 | +0.194% | $614K | $307K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0810 | +0.009% | $3.2M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0814 | +0.046% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0848 | +0.362% | $37K | $4K | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0829 | +0.183% | $769K | $890K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0820 | +0.102% | $2K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0814 | +0.046% | $709 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0811 | +0.017% | $7K | $156K | 10x | as long as short |
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