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

AXS

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Gate against Lighter−0.169%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 5 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: Gate is 0.169% cheaper against Lighter than usual: you would sell low and buy high, −$17 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter AXS1.06510.0096pay 0.0012% / 1h16m 55s$28K$36K5x
ShortGate AXS_USDT1.06330.0100get 0.0100% / 8h1h 16m$957K$1.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Lighter. 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: −0.169% → 0.000%
−$16.9
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$31.06
Costs to cover
0.150%
Break-even
265.8 days
Slippage unknown: Lighter: no order-book sample; Gate: live order book, 5 min ago. 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 Lighter no order-book sample
Sell Gate live order book, 5 min ago6.57 bp77.9 bp −$78272.9 bp −$2,729doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_AXSUSD−0.0476%1h1.0633−0.167%$139K$306K20xas long as short
Injective AXS/USDC PERP+0.0033%1h1.0720+0.648%$5$47K5.5xas long as short
OKX AXS-USDT-SWAP+0.0067%4h1.0628−0.216%$1.4M$2.7M20xas long as short
Orderly PERP_AXS_USDC+0.0070%4h1.0630−0.197%$3K10xas long as short
Lighter AXSlong+0.0096%1h1.0651long leg$28K$36K5x
Hyperliquid AXS+0.0100%1h1.0634−0.160%$262K$297K5xas long as short
Aster AXSUSDT+0.0100%4h1.0633−0.173%$72K$11K10xas long as short
Binance AXSUSDT+0.0100%4h1.0626−0.235%$5.9M$9.2M75xas long as short
Bybit AXSUSDT+0.0100%8h1.0625−0.244%$3.2M$3.6M75xas long as short
Gate AXS_USDTshort+0.0100%8h1.0633−0.169%$957K$1.0M50x
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC AXS_USDT+0.0100%4h1.0624−0.253%$11.1M$729K50xas long as short
KuCoin AXSUSDTM+0.0100%4h1.0640−0.103%$589K$297K50xas long as short
Bitget AXSUSDT+0.0100%4h1.0620−0.291%$3.1M$1.2M50xas long as short
BingX AXS-USDT+0.0100%4h1.0630−0.197%$2.6Mas long as short
Variational Omni AXS+0.0100%8h1.0639−0.116%$36K$4Kas long as short
GRVT AXS_USDT_Perp+0.0100%4h1.0636−0.142%$759K$862K10xas long as short
SunX AXS-USDT+0.0100%4h1.0626−0.235%$1K$1.3M20xas long as short
SoDEX AXS-USD+0.0100%1h1.0622−0.272%$687$3K5xas long as short
Extended AXS-USD+0.0104%1h1.0624−0.254%$7K$156K10xas long as short
BloFin AXS-USDT+0.0159%4h1.0621−0.282%$272K$17K75xas long as short