Settings8H · net · $10k
Funding arb · Price arb /

AXS

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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.037%
Price spread now: Injective against Aster−0.950%47s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · 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 0.950% cheaper against Aster than usual: you would sell low and buy high (−$95 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster AXSUSDT1.06810.0100pay 0.0050% / 4h3h 48m$72K$17K10x
ShortInjective AXS/USDC PERP1.05800.0033get 0.0004% / 1h48m 36s$1K$48K5.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Aster. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$14
Price spread: −0.950% → 0.000%
−$94.99
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$117.01
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Aster: 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
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell Injective no order-book sample
Aster 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective AXS/USDC PERPshort+0.0033%1h1.0580−0.950%$1K$48K5.5x
BloFin AXS-USDT+0.0088%4h1.0677−0.042%$281K$29K75xas long as short
Orderly PERP_AXS_USDC+0.0094%4h1.0680−0.014%$3K10xas long as short
Lighter AXS+0.0096%1h1.0700+0.174%$36K$42K5xas long as short
Hyperliquid AXS+0.0100%1h1.0676−0.051%$256K$706K5xas long as short
Aster AXSUSDTlong+0.0100%4h1.0681long leg$72K$17K10x
Binance AXSUSDT+0.0100%4h1.0678−0.032%$6.0M$10.8M75xas long as short
Bybit AXSUSDT+0.0100%8h1.0681−0.004%$3.7M$4.3M75xas long as short
OKX AXS-USDT-SWAP+0.0100%4h1.0684+0.024%$1.4M$3.0M20xas long as short
Gate AXS_USDT+0.0100%8h1.0677−0.042%$844K$524K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC AXS_USDT+0.0100%4h1.0685+0.033%$11.6M$703K50xas long as short
KuCoin AXSUSDTM+0.0100%4h1.0680−0.014%$589K$278K50xas long as short
Bitget AXSUSDT+0.0100%4h1.0680−0.014%$3.1M$1.2M50xas long as short
BingX AXS-USDT+0.0100%4h1.0680−0.014%$2.6Mas long as short
Variational Omni AXS+0.0100%8h1.0689+0.068%$36K$953as long as short
GRVT AXS_USDT_Perp+0.0100%4h1.0660−0.202%$763K$873K10xas long as short
SunX AXS-USDT+0.0100%4h1.0677−0.042%$2K$1.4M20xas long as short
SoDEX AXS-USD+0.0100%1h1.0675−0.061%$779$3K5xas long as short
Extended AXS-USD+0.0104%1h1.0671−0.097%$7K$250K10xas long as short
Kraken Futures PF_AXSUSD+0.0465%1h1.0680−0.011%$145K$348K20xas long as short