Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: KuCoin against Lighter−0.167%7-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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.167% 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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter AXS | 1.0748 | 0.0096 | pay 0.0012% / 1h | 6m 56s | $37K | $39K | 5x |
| Short | KuCoin AXSUSDTM | 1.0730 | 0.0100 | get 0.0050% / 4h | 3h 06m | $601K | $281K | 50x |
Lighter AXS
KuCoin AXSUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $0.84
- Price spread: −0.167% → 0.000%
- −$16.75
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$27.91
- Costs to cover
- 0.120%
- Break-even
- 239.6 days
Slippage unknown: Lighter: no order-book sample; KuCoin: live order book, 67 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 KuCoin live order book, 67 min ago | 9.28 bp | 85.3 bp −$85 | 297.0 bp −$2,970 | 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 | −0.261% | $5 | $47K | 5.5x | as long as short |
| Orderly PERP_AXS_USDC | +0.0094% | 4h | 1.0720 | −0.261% | $3K | — | 10x | as long as short |
| Lighter AXSlong | +0.0096% | 1h | 1.0748 | long leg | $37K | $39K | 5x | |
| BloFin AXS-USDT | +0.0097% | 4h | 1.0715 | −0.307% | $276K | $28K | 75x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0731 | −0.158% | $260K | $309K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0729 | −0.173% | $73K | $14K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0731 | −0.157% | $6.1M | $10.4M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0729 | −0.177% | $3.7M | $4.2M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0732 | −0.149% | $1.4M | $2.9M | 20x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0726 | −0.205% | $852K | $898K | 50x | as long as short |
Injective AXS/USDC PERP
Orderly PERP_AXS_USDC
BloFin AXS-USDT
Hyperliquid AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDT
OKX AXS-USDT-SWAP
Gate AXS_USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC AXS_USDT | +0.0100% | 4h | 1.0727 | −0.195% | $11.5M | $698K | 50x | as long as short |
| KuCoin AXSUSDTMshort | +0.0100% | 4h | 1.0730 | −0.167% | $601K | $281K | 50x | |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0720 | −0.261% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0726 | −0.205% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0742 | −0.060% | $37K | $953 | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0722 | −0.242% | $761K | $882K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0721 | −0.251% | $2K | $1.4M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0718 | −0.279% | $757 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0722 | −0.239% | $8K | $201K | 10x | as long as short |
| Kraken Futures PF_AXSUSD | +0.0212% | 1h | 1.0736 | −0.112% | $141K | $345K | 20x | as long as short |
MEXC AXS_USDT
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