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

AXS

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: SoDEX against Hyperliquid+0.151%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 airdropHyperliquid: 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: SoDEX is 0.151% dearer against Hyperliquid than usual: you sell high and buy low, +$15 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid AXS1.05790.0100pay 0.0013% / 1h30m 03s$398K$476K5x
ShortSoDEX AXS-USD1.05950.0100get 0.0013% / 1h30m 03s$750$3K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Hyperliquid. 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: +0.151% → 0.000%
$15.12
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$1.88
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 40 min ago; SoDEX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 40 min ago1.40 bp18.5 bp −$19doesn't fitdoesn't fitdoesn't fit
Sell SoDEX no order-book sample
SoDEX: 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%1h1.0580+0.009%$1K$48K5.5xas long as short
BloFin AXS-USDT+0.0075%4h1.0592+0.123%$276K$30K75xas long as short
Lighter AXS+0.0096%1h1.0609+0.284%$36K$39K5xas long as short
Hyperliquid AXSlong+0.0100%1h1.0579long leg$398K$476K5x
Aster AXSUSDT+0.0100%4h1.0596+0.161%$72K$14K10xas long as short
Binance AXSUSDT+0.0100%4h1.0594+0.143%$6.0M$10.6M75xas long as short
Bybit AXSUSDT+0.0100%8h1.0600+0.199%$3.7M$4.3M75xas long as short
OKX AXS-USDT-SWAP+0.0100%4h1.0591+0.113%$1.4M$3.0M20xas long as short
Gate AXS_USDT+0.0100%8h1.0592+0.123%$839K$829K50xas long as short
MEXC AXS_USDT+0.0100%4h1.0595+0.151%$11.3M$671K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin AXSUSDTM+0.0100%4h1.0600+0.199%$586K$286K50xas long as short
Bitget AXSUSDT+0.0100%4h1.0600+0.199%$3.1M$1.2M50xas long as short
BingX AXS-USDT+0.0100%4h1.0595+0.151%$2.6Mas long as short
Variational Omni AXS+0.0100%8h1.0591+0.117%$36K$953as long as short
GRVT AXS_USDT_Perp+0.0100%4h1.0620+0.388%$753K$885K10xas long as short
Orderly PERP_AXS_USDC+0.0100%4h1.0590+0.104%$3K10xas long as short
SunX AXS-USDT+0.0100%4h1.0603+0.227%$2K$1.4M20xas long as short
SoDEX AXS-USDshort+0.0100%1h1.0595+0.151%$750$3K5x
Extended AXS-USD+0.0104%1h1.0592+0.126%$7K$223K10xas long as short
Kraken Futures PF_AXSUSD+0.0417%1h1.0606+0.254%$141K$349K20xas long as short