Funding you earn now, next payment 09:00 UTC+0.0063%/8h= +6.9% APRnext payment +$0.08 per $10,000 · paid last 24h +0.037%
Price spread now: Lighter against Injective+1.030%96s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 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 +$2 a day on $10k at the current rate, and Lighter is 1.030% dearer against Injective than usual: you sell high and buy low: +$103 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 96 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective AXS/USDC PERP | 1.0580 | 0.0033 | pay 0.0004% / 1h | 41m 41s | $1K | $48K | 5.5x |
| Short | Lighter AXS | 1.0689 | 0.0096 | get 0.0012% / 1h | 41m 41s | $36K | $42K | 5x |
Injective AXS/USDC PERP
Lighter AXSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Injective. 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
- $13.16
- Price spread: +1.030% → 0.000%
- $103.02
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $116.16
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; 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 Injective no order-book sample | — | — | — | — | — |
| Sell Lighter no order-book sample | — | — | — | — | — |
Injective and 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective AXS/USDC PERPlong | +0.0033% | 1h | 1.0580 | long leg | $1K | $48K | 5.5x | |
| BloFin AXS-USDT | +0.0045% | 4h | 1.0660 | +0.756% | $278K | $29K | 75x | as long as short |
| Orderly PERP_AXS_USDC | +0.0094% | 4h | 1.0670 | +0.851% | $3K | — | 10x | as long as short |
| Lighter AXSshort | +0.0096% | 1h | 1.0689 | +1.030% | $36K | $42K | 5x | |
| Hyperliquid AXS | +0.0100% | 1h | 1.0663 | +0.784% | $255K | $706K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0674 | +0.889% | $72K | $17K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0661 | +0.766% | $6.0M | $10.8M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0670 | +0.851% | $3.7M | $4.3M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0660 | +0.756% | $1.4M | $3.0M | 20x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0674 | +0.888% | $844K | $524K | 50x | as long as short |
BloFin AXS-USDT
Orderly PERP_AXS_USDC
Hyperliquid AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDT
OKX AXS-USDT-SWAP
Gate AXS_USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC AXS_USDT | +0.0100% | 4h | 1.0658 | +0.737% | $11.5M | $706K | 50x | as long as short |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0670 | +0.851% | $589K | $278K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0670 | +0.851% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0672 | +0.870% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0684 | +0.985% | $36K | $953 | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0683 | +0.975% | $765K | $865K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0657 | +0.728% | $2K | $1.4M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0664 | +0.794% | $784 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0658 | +0.740% | $7K | $246K | 10x | as long as short |
| Kraken Futures PF_AXSUSD | +0.0465% | 1h | 1.0679 | +0.935% | $145K | $344K | 20x | as long as short |
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
Kraken Futures PF_AXSUSD