Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Binance against Lighter−0.201%7-day average — · you buy dearer than you sell
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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.201% cheaper against Lighter than usual: you would sell low and buy high, −$20 on $10k if it 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 | Lighter AXS | 1.0794 | 0.0096 | pay 0.0012% / 1h | 5m 21s | $29K | $36K | 5x |
| Short | Binance AXSUSDT | 1.0772 | 0.0100 | get 0.0050% / 4h | 1h 05m | $6.0M | $9.4M | 75x |
Lighter AXS
Binance AXSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Lighter. 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
- $0.84
- Price spread: −0.201% → 0.000%
- −$20.11
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$29.27
- Costs to cover
- 0.100%
- Break-even
- 250.9 days
Slippage unknown: Lighter: no order-book sample; Binance: live order book, 4 min ago. 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 Lighter no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 4 min ago | 0.47 bp | 13.8 bp −$14 | 48.2 bp −$482 | doesn't fit | doesn't fit |
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 | −0.0470% | 1h | 1.0781 | −0.125% | $141K | $310K | 20x | as long as short |
| Injective AXS/USDC PERP | +0.0033% | 1h | 1.0720 | −0.686% | $5 | $47K | 5.5x | as long as short |
| Orderly PERP_AXS_USDC | +0.0075% | 4h | 1.0770 | −0.222% | $3K | — | 10x | as long as short |
| OKX AXS-USDT-SWAP | +0.0093% | 4h | 1.0781 | −0.120% | $1.4M | $2.8M | 20x | as long as short |
| Lighter AXSlong | +0.0096% | 1h | 1.0794 | long leg | $29K | $36K | 5x | |
| Hyperliquid AXS | +0.0100% | 1h | 1.0735 | −0.547% | $264K | $296K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0737 | −0.528% | $73K | $10K | 10x | as long as short |
| Binance AXSUSDTshort | +0.0100% | 4h | 1.0772 | −0.201% | $6.0M | $9.4M | 75x | |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0773 | −0.195% | $3.5M | $3.9M | 75x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0731 | −0.584% | $966K | $1.0M | 50x | as long as short |
Kraken Futures PF_AXSUSD
Injective AXS/USDC PERP
Orderly PERP_AXS_USDC
OKX AXS-USDT-SWAP
Hyperliquid AXS
Aster AXSUSDT
Bybit AXSUSDT
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 | 1.0710 | −0.778% | $11.2M | $735K | 50x | as long as short |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0740 | −0.500% | $608K | $301K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0780 | −0.130% | $3.2M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0724 | −0.649% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0653 | −1.310% | $36K | $4K | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0636 | −1.463% | $756K | $875K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0756 | −0.352% | $1K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0769 | −0.232% | $701 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0729 | −0.600% | $7K | $156K | 10x | as long as short |
| BloFin AXS-USDT | +0.0143% | 4h | 1.0765 | −0.269% | $276K | $17K | 75x | 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
BloFin AXS-USDT