Funding you earn now, next payment 09:00 UTC−0.0063%/8h= −6.9% APRnext payment −$0.08 per $10,000 · paid last 24h −0.037%
Price spread now: Injective against Lighter−0.918%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 Injective is 0.918% cheaper against Lighter than usual: you would sell low and buy high (−$92 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 | 1.0678 | 0.0096 | pay 0.0012% / 1h | 41m 17s | $36K | $42K | 5x |
| Short | Injective AXS/USDC PERP | 1.0580 | 0.0033 | get 0.0004% / 1h | 41m 17s | $1K | $48K | 5.5x |
Lighter AXS
Injective AXS/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$13.16
- Price spread: −0.918% → 0.000%
- −$91.78
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$104.96
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: Lighter: no order-book sample; Injective: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
Lighter and Injective: 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 PERPshort | +0.0033% | 1h | 1.0580 | −0.918% | $1K | $48K | 5.5x | |
| Orderly PERP_AXS_USDC | +0.0094% | 4h | 1.0650 | −0.262% | $3K | — | 10x | as long as short |
| Lighter AXSlong | +0.0096% | 1h | 1.0678 | long leg | $36K | $42K | 5x | |
| Hyperliquid AXS | +0.0100% | 1h | 1.0656 | −0.206% | $255K | $706K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0660 | −0.164% | $72K | $17K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0649 | −0.272% | $6.0M | $10.8M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0660 | −0.169% | $3.7M | $4.3M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0654 | −0.225% | $1.4M | $3.0M | 20x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0671 | −0.066% | $843K | $524K | 50x | as long as short |
| MEXC AXS_USDT | +0.0100% | 4h | 1.0656 | −0.206% | $11.5M | $706K | 50x | as long as short |
Orderly PERP_AXS_USDC
Hyperliquid AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDT
OKX AXS-USDT-SWAP
Gate AXS_USDT
MEXC AXS_USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0670 | −0.075% | $589K | $278K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0660 | −0.169% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0668 | −0.094% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0684 | +0.058% | $36K | $953 | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0678 | −0.002% | $765K | $851K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0656 | −0.206% | $1K | $1.4M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0654 | −0.225% | $781 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0650 | −0.265% | $7K | $246K | 10x | as long as short |
| BloFin AXS-USDT | +0.0155% | 4h | 1.0651 | −0.253% | $278K | $29K | 75x | as long as short |
| Kraken Futures PF_AXSUSD | +0.0466% | 1h | 1.0667 | −0.099% | $145K | $343K | 20x | as long as short |
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
Kraken Futures PF_AXSUSD