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

AXS

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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.024%
Price spread now: Variational Omni against Injective−0.816%106s7-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 airdropVariational Omni: Active · farm boardneeds both histories
Funding pays, the price is against you. Variational Omni is 0.816% cheaper against Injective than usual: you would sell low and buy high (spread −0.816% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$82 on $10k: about 41 days of funding at the current rate (+$2 a day). The two prices were read 106 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective AXS/USDC PERP1.07200.0033pay 0.0004% / 1h11m 29s$5$47K5.5x
ShortVariational Omni AXS1.06330.0100get 0.0100% / 8h2h 11m$36K$4K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
$14
Price spread: −0.816% → 0.000%
−$81.6
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$67.62
Costs to cover
0.000%
Break-even
40.8 days
Slippage unknown: Injective: no order-book sample; 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 Injective no order-book sample
Sell Variational Omni no order-book sample
Injective and 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−0.0339%1h1.0625−0.890%$139K$322K20xas long as short
Injective AXS/USDC PERPlong+0.0033%1h1.0720long leg$5$47K5.5x
Orderly PERP_AXS_USDC+0.0077%4h1.0620−0.933%$3K10xas long as short
OKX AXS-USDT-SWAP+0.0081%4h1.0615−0.979%$1.4M$2.7M20xas long as short
Lighter AXS+0.0096%1h1.0640−0.746%$28K$36K5xas long as short
Hyperliquid AXS+0.0100%1h1.0619−0.942%$261K$293K5xas long as short
Aster AXSUSDT+0.0100%4h1.0620−0.933%$72K$11K10xas long as short
Binance AXSUSDT+0.0100%4h1.0615−0.979%$5.9M$9.3M75xas long as short
Bybit AXSUSDT+0.0100%8h1.0612−1.007%$3.2M$3.6M75xas long as short
Gate AXS_USDT+0.0100%8h1.0638−0.765%$959K$1.0M50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC AXS_USDT+0.0100%4h1.0616−0.970%$11.1M$764K50xas long as short
KuCoin AXSUSDTM+0.0100%4h1.0620−0.933%$583K$294K50xas long as short
Bitget AXSUSDT+0.0100%4h1.0610−1.026%$3.1M$1.2M50xas long as short
BingX AXS-USDT+0.0100%4h1.0613−0.998%$2.6Mas long as short
Variational Omni AXSshort+0.0100%8h1.0633−0.816%$36K$4K
GRVT AXS_USDT_Perp+0.0100%4h1.0630−0.841%$759K$907K10xas long as short
SunX AXS-USDT+0.0100%4h1.0611−1.017%$2K$1.3M20xas long as short
SoDEX AXS-USD+0.0100%1h1.0611−1.017%$706$3K5xas long as short
Extended AXS-USD+0.0104%1h1.0612−1.003%$7K$156K10xas long as short
BloFin AXS-USDT+0.0122%4h1.0620−0.933%$273K$30K75xas long as short