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

AXS

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0008%/8h= −0.9% APRnext payment $0.01 per $10,000 · paid last 24h −0.002%
Price spread now: Lighter against Extended+0.268%7-day average · you sell dearer than you buy
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · Lighter: 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: Lighter is 0.268% dearer against Extended than usual: you sell high and buy low, +$27 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended AXS-USD1.06790.0104pay 0.0013% / 1h5m 04s$7K$244K10x
ShortLighter AXS1.07080.0096get 0.0012% / 1h5m 04s$32K$41K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Extended. 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
−$1.68
Price spread: +0.268% → 0.000%
$26.82
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Lighter: 0 bp × 2 orders
$0
Net
$20.14
Costs to cover
0.050%
Break-even
from the start
Slippage unknown: Extended: live order book, 57 min ago; 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
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 57 min ago1.45 bp24.8 bp −$25204.7 bp −$2,047doesn't fitdoesn't fit
Sell Lighter no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective AXS/USDC PERP+0.0033%1h1.0720+0.381%$5$47K5.5xas long as short
BloFin AXS-USDT+0.0058%4h1.0689+0.090%$276K$23K75xas long as short
Orderly PERP_AXS_USDC+0.0091%4h1.0680+0.006%$3K10xas long as short
Lighter AXSshort+0.0096%1h1.0708+0.268%$32K$41K5x
Hyperliquid AXS+0.0100%1h1.0688+0.081%$258K$309K5xas long as short
Aster AXSUSDT+0.0100%4h1.0685+0.053%$73K$14K10xas long as short
Binance AXSUSDT+0.0100%4h1.0682+0.025%$6.1M$10.1M75xas long as short
Bybit AXSUSDT+0.0100%8h1.0687+0.072%$3.7M$4.2M75xas long as short
OKX AXS-USDT-SWAP+0.0100%4h1.0684+0.043%$1.4M$2.9M20xas long as short
Gate AXS_USDT+0.0100%8h1.0676−0.031%$850K$954K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC AXS_USDT+0.0100%4h1.0686+0.062%$11.4M$715K50xas long as short
KuCoin AXSUSDTM+0.0100%4h1.0680+0.006%$599K$300K50xas long as short
Bitget AXSUSDT+0.0100%4h1.0680+0.006%$3.1M$1.2M50xas long as short
BingX AXS-USDT+0.0100%4h1.0678−0.013%$2.6Mas long as short
Variational Omni AXS+0.0100%8h1.0694+0.141%$36K$3Kas long as short
GRVT AXS_USDT_Perp+0.0100%4h1.0740+0.568%$763K$877K10xas long as short
SunX AXS-USDT+0.0100%4h1.0672−0.069%$2K$1.3M20xas long as short
SoDEX AXS-USD+0.0100%1h1.0673−0.060%$742$3K5xas long as short
Extended AXS-USDlong+0.0104%1h1.0679long leg$7K$244K10x
Kraken Futures PF_AXSUSD+0.0362%1h1.0688+0.085%$139K$346K20xas long as short