Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against Gate+0.130%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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.130% dearer against Gate than usual: you sell high and buy low, +$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 | Gate AXS_USDT | 1.0786 | 0.0100 | pay 0.0100% / 8h | 7h 32m | $971K | $904K | 50x |
| Short | Lighter AXS | 1.0800 | 0.0096 | get 0.0012% / 1h | 32m 59s | $29K | $36K | 5x |
Gate AXS_USDT
Lighter AXSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Gate. 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: +0.130% → 0.000%
- $12.98
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$2.86
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 24 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 24 min ago | 7.40 bp | 74.4 bp −$74 | 265.4 bp −$2,654 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_AXSUSD | −0.0260% | 1h | 1.0789 | +0.029% | $145K | $325K | 20x | as long as short |
| Injective AXS/USDC PERP | +0.0033% | 1h | 1.0720 | −0.612% | $5 | $47K | 5.5x | as long as short |
| Orderly PERP_AXS_USDC | +0.0081% | 4h | 1.0780 | −0.056% | $3K | — | 10x | as long as short |
| Lighter AXSshort | +0.0096% | 1h | 1.0800 | +0.130% | $29K | $36K | 5x | |
| Hyperliquid AXS | +0.0100% | 1h | 1.0776 | −0.093% | $269K | $305K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0780 | −0.052% | $74K | $12K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0776 | −0.093% | $6.1M | $9.6M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0786 | 0.000% | $3.7M | $4.1M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0773 | −0.121% | $1.4M | $3.0M | 20x | as long as short |
| Gate AXS_USDTlong | +0.0100% | 8h | 1.0786 | long leg | $971K | $904K | 50x |
Kraken Futures PF_AXSUSD
Injective AXS/USDC PERP
Orderly PERP_AXS_USDC
Hyperliquid AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDT
OKX AXS-USDT-SWAPShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC AXS_USDT | +0.0100% | 4h | 1.0774 | −0.111% | $11.4M | $743K | 50x | as long as short |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0780 | −0.056% | $623K | $308K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0780 | −0.056% | $3.2M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0777 | −0.083% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0785 | −0.006% | $37K | $4K | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0771 | −0.143% | $764K | $891K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0785 | −0.009% | $2K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0775 | −0.102% | $715 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0777 | −0.087% | $7K | $253K | 10x | as long as short |
| BloFin AXS-USDT | +0.0145% | 4h | 1.0774 | −0.111% | $278K | $18K | 75x | as long as short |
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
BloFin AXS-USDT