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

AXS

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.024%
Price spread now: SoDEX against Injective−0.345%62s7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. SoDEX is 0.345% cheaper against Injective than usual: you would sell low and buy high (spread −0.345% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$35 on $10k: about 17 days of funding at the current rate (+$2 a day). The two prices were read 62 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 54s$5$47K5.5x
ShortSoDEX AXS-USD1.06830.0100get 0.0013% / 1h3m 54s$742$3K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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: −0.345% → 0.000%
−$34.51
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$28.53
Costs to cover
0.080%
Break-even
21.3 days
Slippage unknown: Injective: no order-book sample; 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 Injective no order-book sample
Sell SoDEX no order-book sample
Injective and 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 PERPlong+0.0033%1h1.0720long leg$5$47K5.5x
BloFin AXS-USDT+0.0058%4h1.0689−0.289%$276K$23K75xas long as short
Orderly PERP_AXS_USDC+0.0091%4h1.0680−0.373%$3K10xas long as short
Lighter AXS+0.0096%1h1.0711−0.084%$32K$41K5xas long as short
Hyperliquid AXS+0.0100%1h1.0691−0.270%$258K$309K5xas long as short
Aster AXSUSDT+0.0100%4h1.0682−0.353%$73K$14K10xas long as short
Binance AXSUSDT+0.0100%4h1.0684−0.336%$6.1M$10.1M75xas long as short
Bybit AXSUSDT+0.0100%8h1.0697−0.215%$3.7M$4.2M75xas long as short
OKX AXS-USDT-SWAP+0.0100%4h1.0690−0.280%$1.4M$2.9M20xas long as short
Gate AXS_USDT+0.0100%8h1.0669−0.476%$850K$954K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC AXS_USDT+0.0100%4h1.0688−0.299%$11.4M$715K50xas long as short
KuCoin AXSUSDTM+0.0100%4h1.0680−0.373%$599K$300K50xas long as short
Bitget AXSUSDT+0.0100%4h1.0690−0.280%$3.1M$1.2M50xas long as short
BingX AXS-USDT+0.0100%4h1.0678−0.392%$2.6Mas long as short
Variational Omni AXS+0.0100%8h1.0694−0.239%$36K$3Kas long as short
GRVT AXS_USDT_Perp+0.0100%4h1.0740+0.187%$763K$877K10xas long as short
SunX AXS-USDT+0.0100%4h1.0673−0.438%$2K$1.3M20xas long as short
SoDEX AXS-USDshort+0.0100%1h1.0683−0.345%$742$3K5x
Extended AXS-USD+0.0104%1h1.0681−0.360%$7K$244K10xas long as short
Kraken Futures PF_AXSUSD+0.0362%1h1.0705−0.138%$139K$347K20xas long as short