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

AXS

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Variational Omni against Hyperliquid−0.026%7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · Variational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.026% cheaper against Hyperliquid than usual: you would sell low and buy high, −$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid AXS1.06400.0100pay 0.0013% / 1h35m 03s$261K$293K5x
ShortVariational Omni AXS1.06370.0100get 0.0100% / 8h1h 35m$36K$4K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Hyperliquid. 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
$0
Price spread: −0.026% → 0.000%
−$2.56
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$11.56
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 35 min ago; Variational Omni: 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 Hyperliquid live order book, 35 min ago2.83 bp23.9 bp −$24doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni no order-book sample
Variational Omni: 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
Kraken Futures PF_AXSUSD−0.0476%1h1.0650+0.096%$139K$305K20xas long as short
Injective AXS/USDC PERP+0.0033%1h1.0720+0.752%$5$47K5.5xas long as short
OKX AXS-USDT-SWAP+0.0039%4h1.0635−0.047%$1.4M$2.7M20xas long as short
BloFin AXS-USDT+0.0051%4h1.0643+0.028%$271K$17K75xas long as short
Orderly PERP_AXS_USDC+0.0069%4h1.06400.000%$3K10xas long as short
Lighter AXS+0.0096%1h1.0661+0.197%$28K$36K5xas long as short
Hyperliquid AXSlong+0.0100%1h1.0640long leg$261K$293K5x
Aster AXSUSDT+0.0100%4h1.0651+0.106%$72K$11K10xas long as short
Binance AXSUSDT+0.0100%4h1.0643+0.026%$6.0M$9.2M75xas long as short
Bybit AXSUSDT+0.0100%8h1.06400.000%$3.2M$3.6M75xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate AXS_USDT+0.0100%8h1.0645+0.047%$958K$1.0M50xas long as short
MEXC AXS_USDT+0.0100%4h1.0639−0.009%$11.1M$723K50xas long as short
KuCoin AXSUSDTM+0.0100%4h1.0650+0.094%$582K$294K50xas long as short
Bitget AXSUSDT+0.0100%4h1.0650+0.094%$3.1M$1.2M50xas long as short
BingX AXS-USDT+0.0100%4h1.0645+0.047%$2.6Mas long as short
Variational Omni AXSshort+0.0100%8h1.0637−0.026%$36K$4K
GRVT AXS_USDT_Perp+0.0100%4h1.0649+0.084%$760K$870K10xas long as short
SunX AXS-USDT+0.0100%4h1.0643+0.028%$1K$1.3M20xas long as short
SoDEX AXS-USD+0.0100%1h1.06400.000%$678$3K5xas long as short
Extended AXS-USD+0.0104%1h1.0641+0.009%$7K$156K10xas long as short