Funding you earn now, next payment 07:00 UTC+0.0159%/8h= +17.4% APRpaid last 24h +0.015%
Price spread now: Lighter against Orderly+0.233%7-day average — · you sell dearer than you buy
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
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Lighter is 0.233% dearer against Orderly than usual: you sell high and buy low: +$23 more if the spread 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 | Orderly PERP_AXS_USDC | 1.0730 | 0.0097 | pay 0.0049% / 4h | 1h 23m | $3K | — | 10x |
| Short | Lighter AXS | 1.0755 | 0.0256 | get 0.0032% / 1h | 23m 38s | $37K | $39K | 5x |
Orderly PERP_AXS_USDC
Lighter AXSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Orderly. 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
- $33.38
- Price spread: +0.233% → 0.000%
- $23.3
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $50.68
- Costs to cover
- 0.060%
- Break-even
- from the start
Slippage unknown: Orderly: no order-book sample; Lighter: 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Lighter no order-book sample | — | — | — | — | — |
Orderly and 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 | −0.1014% | 1h | 1.0580 | −1.398% | $1K | $48K | 5.5x | as long as short |
| BloFin AXS-USDT | +0.0070% | 4h | 1.0733 | +0.028% | $280K | $30K | 75x | as long as short |
| Orderly PERP_AXS_USDClong | +0.0097% | 4h | 1.0730 | long leg | $3K | — | 10x | |
| Hyperliquid AXS | +0.0100% | 1h | 1.0740 | +0.093% | $264K | $699K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0737 | +0.070% | $73K | $18K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0730 | +0.004% | $6.0M | $10.8M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0737 | +0.065% | $3.7M | $4.3M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0727 | −0.028% | $1.4M | $3.0M | 20x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0722 | −0.075% | $849K | $630K | 50x | as long as short |
| MEXC AXS_USDT | +0.0100% | 4h | 1.0732 | +0.019% | $11.6M | $692K | 50x | as long as short |
Injective AXS/USDC PERP
BloFin AXS-USDT
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 | 1.0720 | −0.093% | $587K | $288K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0730 | 0.000% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0728 | −0.019% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0737 | +0.062% | $37K | $953 | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0693 | −0.343% | $766K | $892K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0725 | −0.047% | $1K | $1.4M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0735 | +0.047% | $767 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0725 | −0.050% | $7K | $228K | 10x | as long as short |
| Lighter AXSshort | +0.0256% | 1h | 1.0755 | +0.233% | $37K | $39K | 5x | |
| Kraken Futures PF_AXSUSD | +0.0378% | 1h | 1.0742 | +0.110% | $141K | $344K | 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
Kraken Futures PF_AXSUSD