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

AXS

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.024%
Price spread now: Aster against Injective−0.038%87s7-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 airdropAster: Stage 5 · farm boardneeds both histories
Funding pays, the price is against you. Aster is 0.038% cheaper against Injective than usual: you would sell low and buy high (spread −0.038% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 46 hours of funding at the current rate (+$2 a day). The two prices were read 87 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective AXS/USDC PERP1.07200.0033pay 0.0004% / 1h3m 59s$5$47K5.5x
ShortAster AXSUSDT1.07160.0100get 0.0050% / 4h2h 03m$73K$14K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Injective. 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
$14
Price spread: −0.038% → 0.000%
−$3.82
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Aster: 4 bp × 2 orders
−$8
Net
$2.16
Costs to cover
0.080%
Break-even
5.9 days
Slippage unknown: Injective: no order-book sample; Aster: 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 Injective no order-book sample
Sell Aster no order-book sample
Injective and Aster: 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 19 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 PERPlong+0.0033%1h1.0720long leg$5$47K5.5x
Orderly PERP_AXS_USDC+0.0084%4h1.07200.000%$3K10xas long as short
Lighter AXS+0.0096%1h1.0741+0.196%$33K$41K5xas long as short
Hyperliquid AXS+0.0100%1h1.0724+0.037%$259K$313K5xas long as short
Aster AXSUSDTshort+0.0100%4h1.0716−0.038%$73K$14K10x
Binance AXSUSDT+0.0100%4h1.0717−0.031%$6.0M$10.0M75xas long as short
Bybit AXSUSDT+0.0100%8h1.07200.000%$3.8M$4.2M75xas long as short
OKX AXS-USDT-SWAP+0.0100%4h1.0716−0.037%$1.4M$2.9M20xas long as short
Gate AXS_USDT+0.0100%8h1.0710−0.093%$853K$997K50xas long as short
MEXC AXS_USDT+0.0100%4h1.0717−0.028%$11.4M$732K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin AXSUSDTM+0.0100%4h1.0710−0.093%$600K$303K50xas long as short
Bitget AXSUSDT+0.0100%4h1.07200.000%$3.1M$1.2M50xas long as short
BingX AXS-USDT+0.0100%4h1.0716−0.037%$2.6Mas long as short
Variational Omni AXS+0.0100%8h1.0694−0.241%$36K$3Kas long as short
GRVT AXS_USDT_Perp+0.0100%4h1.0671−0.453%$762K$906K10xas long as short
SunX AXS-USDT+0.0100%4h1.0721+0.009%$2K$1.3M20xas long as short
SoDEX AXS-USD+0.0100%1h1.0713−0.065%$731$3K5xas long as short
Extended AXS-USD+0.0104%1h1.0715−0.049%$9K$240K10xas long as short
Kraken Futures PF_AXSUSD+0.0357%1h1.0724+0.035%$145K$335K20xas long as short