Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Bybit against Lighter−0.131%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: Bybit is 0.131% cheaper against Lighter than usual: you would sell low and buy high, −$13 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 | 1.0664 | 0.0096 | pay 0.0012% / 1h | 7m 30s | $28K | $36K | 5x |
| Short | Bybit AXSUSDT | 1.0650 | 0.0100 | get 0.0100% / 8h | 1h 07m | $3.2M | $3.6M | 75x |
Lighter AXS
Bybit AXSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.131% → 0.000%
- −$13.13
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$23.29
- Costs to cover
- 0.110%
- Break-even
- 201.1 days
Slippage unknown: Lighter: no order-book sample; Bybit: live order book, 5 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 Bybit live order book, 5 min ago | 2.35 bp | 23.3 bp −$23 | 80.8 bp −$808 | 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 | −0.0476% | 1h | 1.0644 | −0.183% | $139K | $308K | 20x | as long as short |
| Injective AXS/USDC PERP | +0.0033% | 1h | 1.0720 | +0.525% | $5 | $47K | 5.5x | as long as short |
| Orderly PERP_AXS_USDC | +0.0075% | 4h | 1.0650 | −0.131% | $3K | — | 10x | as long as short |
| OKX AXS-USDT-SWAP | +0.0090% | 4h | 1.0653 | −0.103% | $1.4M | $2.7M | 20x | as long as short |
| Lighter AXSlong | +0.0096% | 1h | 1.0664 | long leg | $28K | $36K | 5x | |
| BloFin AXS-USDT | +0.0099% | 4h | 1.0641 | −0.216% | $273K | $17K | 75x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0654 | −0.090% | $262K | $296K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0649 | −0.138% | $72K | $11K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0649 | −0.141% | $6.0M | $9.2M | 75x | as long as short |
| Bybit AXSUSDTshort | +0.0100% | 8h | 1.0650 | −0.131% | $3.2M | $3.6M | 75x |
Kraken Futures PF_AXSUSD
Injective AXS/USDC PERP
Orderly PERP_AXS_USDC
OKX AXS-USDT-SWAP
BloFin AXS-USDT
Hyperliquid AXS
Aster AXSUSDT
Binance AXSUSDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate AXS_USDT | +0.0100% | 8h | 1.0648 | −0.150% | $958K | $1.0M | 50x | as long as short |
| MEXC AXS_USDT | +0.0100% | 4h | 1.0639 | −0.234% | $11.1M | $730K | 50x | as long as short |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0650 | −0.131% | $589K | $297K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0640 | −0.225% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0645 | −0.178% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0629 | −0.332% | $36K | $4K | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0636 | −0.262% | $756K | $875K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0643 | −0.197% | $2K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0636 | −0.263% | $695 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0634 | −0.279% | $7K | $156K | 10x | as long as short |
Gate AXS_USDT
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