Funding you earn now, next payment 05:00 UTC−0.0161%/8h= −17.6% APRpaid last 24h +0.010%
Price spread now: BloFin against Lighter−0.306%60s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 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
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and BloFin is 0.306% cheaper against Lighter than usual: you would sell low and buy high (−$31 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter AXS | 1.0793 | 0.0288 | pay 0.0036% / 1h | 45m 56s | $33K | $34K | 5x |
| Short | BloFin AXS-USDT | 1.0760 | 0.0127 | get 0.0063% / 4h | 3h 45m | $276K | $26K | 75x |
Lighter AXS
BloFin AXS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Lighter. 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
- −$33.83
- Price spread: −0.306% → 0.000%
- −$30.58
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$76.4
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Lighter: no order-book sample; BloFin: live order book, 36 min ago. 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 Lighter no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 36 min ago | 3.73 bp | 16.5 bp −$17 | 33.7 bp −$337 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective AXS/USDC PERP | +0.0033% | 1h | 1.0720 | −0.676% | $5 | $47K | 5.5x | as long as short |
| Orderly PERP_AXS_USDC | +0.0093% | 4h | 1.0760 | −0.306% | $3K | — | 10x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0770 | −0.210% | $261K | $309K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0762 | −0.291% | $73K | $14K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0766 | −0.251% | $6.1M | $10.4M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0765 | −0.259% | $3.7M | $4.2M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0763 | −0.278% | $1.4M | $2.9M | 20x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0758 | −0.324% | $856K | $896K | 50x | as long as short |
| MEXC AXS_USDT | +0.0100% | 4h | 1.0765 | −0.259% | $11.5M | $694K | 50x | as long as short |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0760 | −0.306% | $603K | $285K | 50x | as long as short |
Injective AXS/USDC PERP
Orderly PERP_AXS_USDC
Hyperliquid AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDT
OKX AXS-USDT-SWAP
Gate AXS_USDT
MEXC AXS_USDT
KuCoin AXSUSDTMShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget AXSUSDT | +0.0100% | 4h | 1.0760 | −0.306% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0761 | −0.296% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0768 | −0.231% | $37K | $953 | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0750 | −0.394% | $768K | $902K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0759 | −0.315% | $2K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0765 | −0.259% | $749 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0760 | −0.307% | $8K | $244K | 10x | as long as short |
| BloFin AXS-USDTshort | +0.0127% | 4h | 1.0760 | −0.306% | $276K | $26K | 75x | |
| Kraken Futures PF_AXSUSD | +0.0211% | 1h | 1.0782 | −0.102% | $141K | $345K | 20x | as long as short |
| Lighter AXSlong | +0.0288% | 1h | 1.0793 | long leg | $33K | $34K | 5x |
Bitget AXSUSDT
BingX AXS-USDT
Variational Omni AXS
GRVT AXS_USDT_Perp
SunX AXS-USDT
SoDEX AXS-USD
Extended AXS-USD
Kraken Futures PF_AXSUSD