Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.006%
Price spread now: BingX against Lighter−0.592%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: BingX is 0.592% cheaper against Lighter than usual: you would sell low and buy high, −$59 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 | 1.0809 | 0.0096 | pay 0.0012% / 1h | 3m 21s | $29K | $36K | 5x |
| Short | BingX AXS-USDT | 1.0745 | 0.0100 | get 0.0050% / 4h | 3h 03m | — | $2.6M | — |
Lighter AXS
BingX AXS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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: −0.592% → 0.000%
- −$59.21
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$68.37
- Costs to cover
- 0.100%
- Break-even
- 576.7 days
Slippage unknown: Lighter: no order-book sample; BingX: live order book, 16 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 BingX live order book, 16 min ago | 4.64 bp | 16.8 bp −$17 | 42.0 bp −$420 | 287.5 bp −$28.8K | 458.3 bp −$229.2K |
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 | −0.0260% | 1h | 1.0821 | +0.113% | $147K | $330K | 20x | as long as short |
| Injective AXS/USDC PERP | +0.0033% | 1h | 1.0720 | −0.823% | $5 | $47K | 5.5x | as long as short |
| Orderly PERP_AXS_USDC | +0.0078% | 4h | 1.0740 | −0.638% | $3K | — | 10x | as long as short |
| BloFin AXS-USDT | +0.0080% | 4h | 1.0811 | +0.019% | $279K | $17K | 75x | as long as short |
| Lighter AXSlong | +0.0096% | 1h | 1.0809 | long leg | $29K | $36K | 5x | |
| Hyperliquid AXS | +0.0100% | 1h | 1.0752 | −0.527% | $266K | $309K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0784 | −0.230% | $74K | $14K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0744 | −0.601% | $6.1M | $9.9M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0751 | −0.537% | $3.7M | $4.1M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0747 | −0.574% | $1.4M | $2.9M | 20x | as long as short |
Kraken Futures PF_AXSUSD
Injective AXS/USDC PERP
Orderly PERP_AXS_USDC
BloFin AXS-USDT
Hyperliquid AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDT
OKX AXS-USDT-SWAPShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate AXS_USDT | +0.0100% | 8h | 1.0747 | −0.574% | $858K | $1.1M | 50x | as long as short |
| MEXC AXS_USDT | +0.0100% | 4h | 1.0746 | −0.583% | $11.4M | $745K | 50x | as long as short |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0780 | −0.268% | $609K | $312K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0750 | −0.546% | $3.2M | $1.2M | 50x | as long as short |
| BingX AXS-USDTshort | +0.0100% | 4h | 1.0745 | −0.592% | — | $2.6M | — | |
| Variational Omni AXS | +0.0100% | 8h | 1.0811 | +0.019% | $37K | $4K | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0810 | +0.010% | $771K | $902K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0825 | +0.148% | $1K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0812 | +0.028% | $720 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0742 | −0.624% | $7K | $241K | 10x | as long as short |
Gate AXS_USDT
MEXC AXS_USDT
KuCoin AXSUSDTM
Bitget AXSUSDT
Variational Omni AXS
GRVT AXS_USDT_Perp
SunX AXS-USDT
SoDEX AXS-USD
Extended AXS-USD