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

AXS

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against KuCoin+0.168%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 6 days (all we have)no history yet
Price spread, last 7 daysno 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 0.168% dearer against KuCoin than usual: you sell high and buy low, +$17 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin AXSUSDTM1.07300.0100pay 0.0050% / 4h3h 07m$601K$281K50x
ShortLighter AXS1.07480.0096get 0.0012% / 1h7m 09s$37K$39K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against KuCoin. 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
−$0.84
Price spread: +0.168% → 0.000%
$16.78
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
$3.94
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: KuCoin: live order book, 67 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 KuCoin live order book, 67 min ago9.28 bp63.7 bp −$64477.7 bp −$4,777doesn'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%1h1.0720−0.093%$5$47K5.5xas long as short
Orderly PERP_AXS_USDC+0.0094%4h1.0720−0.093%$3K10xas long as short
Lighter AXSshort+0.0096%1h1.0748+0.168%$37K$39K5x
BloFin AXS-USDT+0.0097%4h1.0715−0.140%$276K$28K75xas long as short
Hyperliquid AXS+0.0100%1h1.0731+0.009%$260K$309K5xas long as short
Aster AXSUSDT+0.0100%4h1.0723−0.061%$73K$14K10xas long as short
Binance AXSUSDT+0.0100%4h1.0725−0.047%$6.1M$10.4M75xas long as short
Bybit AXSUSDT+0.0100%8h1.0728−0.019%$3.7M$4.2M75xas long as short
OKX AXS-USDT-SWAP+0.0100%4h1.0726−0.037%$1.4M$2.9M20xas long as short
Gate AXS_USDT+0.0100%8h1.0723−0.065%$852K$898K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC AXS_USDT+0.0100%4h1.0718−0.112%$11.5M$698K50xas long as short
KuCoin AXSUSDTMlong+0.0100%4h1.0730long leg$601K$281K50x
Bitget AXSUSDT+0.0100%4h1.0720−0.093%$3.1M$1.2M50xas long as short
BingX AXS-USDT+0.0100%4h1.0722−0.075%$2.6Mas long as short
Variational Omni AXS+0.0100%8h1.0742+0.107%$37K$953as long as short
GRVT AXS_USDT_Perp+0.0100%4h1.0722−0.074%$761K$882K10xas long as short
SunX AXS-USDT+0.0100%4h1.0721−0.084%$2K$1.4M20xas long as short
SoDEX AXS-USD+0.0100%1h1.0718−0.112%$757$3K5xas long as short
Extended AXS-USD+0.0104%1h1.0720−0.097%$7K$198K10xas long as short
Kraken Futures PF_AXSUSD+0.0212%1h1.0736+0.056%$141K$345K20xas long as short