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

AXS

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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.1114%/8h= +122.0% APRnext payment +$1.39 per $10,000 · paid last 24h +0.024%
Price spread now: SoDEX against Injective+1.371%62s7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$33 a day on $10k at the current rate, and SoDEX is 1.371% dearer against Injective than usual: you sell high and buy low: +$137 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 62 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective AXS/USDC PERP1.0580−0.1014get 0.0127% / 1h11m 43s$1K$48K5.5x
ShortSoDEX AXS-USD1.07250.0100get 0.0013% / 1h11m 43s$769$3K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Injective. 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
$233.88
Price spread: +1.371% → 0.000%
$137.05
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee SoDEX: 4 bp × 2 orders
−$8
Net
$362.91
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; SoDEX: 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 Injective no order-book sample
Sell SoDEX no order-book sample
Injective and SoDEX: 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 PERPlong−0.1014%1h1.0580long leg$1K$48K5.5x
Orderly PERP_AXS_USDC+0.0097%4h1.0720+1.323%$3K10xas long as short
Hyperliquid AXS+0.0100%1h1.0721+1.333%$263K$700K5xas long as short
Aster AXSUSDT+0.0100%4h1.0719+1.316%$73K$17K10xas long as short
Binance AXSUSDT+0.0100%4h1.0718+1.301%$6.0M$10.8M75xas long as short
Bybit AXSUSDT+0.0100%8h1.0720+1.323%$3.7M$4.3M75xas long as short
OKX AXS-USDT-SWAP+0.0100%4h1.0719+1.314%$1.4M$3.0M20xas long as short
Gate AXS_USDT+0.0100%8h1.0718+1.304%$848K$630K50xas long as short
MEXC AXS_USDT+0.0100%4h1.0726+1.380%$11.6M$695K50xas long as short
KuCoin AXSUSDTM+0.0100%4h1.0720+1.323%$587K$288K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AXSUSDT+0.0100%4h1.0720+1.323%$3.1M$1.2M50xas long as short
BingX AXS-USDT+0.0100%4h1.0717+1.295%$2.6Mas long as short
Variational Omni AXS+0.0100%8h1.0724+1.357%$36K$953as long as short
GRVT AXS_USDT_Perp+0.0100%4h1.0720+1.323%$768K$874K10xas long as short
SunX AXS-USDT+0.0100%4h1.0724+1.361%$1K$1.4M20xas long as short
SoDEX AXS-USDshort+0.0100%1h1.0725+1.371%$769$3K5x
Extended AXS-USD+0.0104%1h1.0715+1.272%$7K$228K10xas long as short
BloFin AXS-USDT+0.0142%4h1.0704+1.172%$278K$30K75xas long as short
Lighter AXS+0.0232%1h1.0746+1.569%$37K$43K5xas long as short
Kraken Futures PF_AXSUSD+0.0378%1h1.0735+1.469%$141K$340K20xas long as short