Funding you earn now, next payment 05:00 UTC−0.0060%/8h= −6.6% APRpaid last 24h +0.001%
Price spread now: Bitget against Lighter−0.315%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$2 a day on $10k at the current rate, and Bitget is 0.315% cheaper against Lighter than usual: you would sell low and buy high (−$32 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter AXS | 1.0784 | 0.0160 | pay 0.0020% / 1h | 26m 38s | $37K | $39K | 5x |
| Short | Bitget AXSUSDT | 1.0750 | 0.0100 | get 0.0050% / 4h | 3h 26m | $3.1M | $1.2M | 50x |
Lighter AXS
Bitget AXSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$12.6
- Price spread: −0.315% → 0.000%
- −$31.53
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$56.13
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Lighter: no order-book sample; Bitget: live order book, 1 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 Bitget live order book, 1 min ago | 4.65 bp | 19.2 bp −$19 | 41.3 bp −$413 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective AXS/USDC PERP | +0.0033% | 1h | 1.0720 | −0.593% | $5 | $47K | 5.5x | as long as short |
| Orderly PERP_AXS_USDC | +0.0093% | 4h | 1.0760 | −0.223% | $3K | — | 10x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0760 | −0.223% | $261K | $309K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0761 | −0.209% | $73K | $14K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0747 | −0.347% | $6.1M | $10.4M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0753 | −0.287% | $3.7M | $4.2M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0741 | −0.399% | $1.4M | $2.9M | 20x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0755 | −0.269% | $854K | $898K | 50x | as long as short |
| MEXC AXS_USDT | +0.0100% | 4h | 1.0750 | −0.315% | $11.5M | $696K | 50x | as long as short |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0760 | −0.223% | $603K | $283K | 50x | as long as short |
Injective AXS/USDC PERP
Orderly PERP_AXS_USDC
Hyperliquid AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDT
OKX AXS-USDT-SWAP
Gate AXS_USDT
MEXC AXS_USDT
KuCoin AXSUSDTMShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget AXSUSDTshort | +0.0100% | 4h | 1.0750 | −0.315% | $3.1M | $1.2M | 50x | |
| BingX AXS-USDT | +0.0100% | 4h | 1.0755 | −0.269% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0776 | −0.078% | $37K | $953 | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0760 | −0.224% | $769K | $893K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0744 | −0.371% | $1K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0752 | −0.297% | $742 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0743 | −0.378% | $8K | $238K | 10x | as long as short |
| BloFin AXS-USDT | +0.0116% | 4h | 1.0753 | −0.287% | $275K | $26K | 75x | as long as short |
| Lighter AXSlong | +0.0160% | 1h | 1.0784 | long leg | $37K | $39K | 5x | |
| Kraken Futures PF_AXSUSD | +0.0212% | 1h | 1.0754 | −0.278% | $141K | $344K | 20x | as long as short |
BingX AXS-USDT
Variational Omni AXS
GRVT AXS_USDT_Perp
SunX AXS-USDT
SoDEX AXS-USD
Extended AXS-USD
BloFin AXS-USDT
Kraken Futures PF_AXSUSD