Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: MEXC against Lighter−0.230%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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: MEXC is 0.230% cheaper against Lighter than usual: you would sell low and buy high, −$23 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 | 1.0851 | 0.0096 | pay 0.0012% / 1h | 44m 28s | $29K | $36K | 5x |
| Short | MEXC AXS_USDT | 1.0826 | 0.0100 | get 0.0050% / 4h | 44m 28s | $11.5M | $745K | 50x |
Lighter AXS
MEXC AXS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.230% → 0.000%
- −$23.04
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$26.2
- Costs to cover
- 0.040%
- Break-even
- 225.3 days
Slippage unknown: Lighter: no order-book sample; MEXC: live order book, 4 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 MEXC live order book, 4 min ago | 0.46 bp | 4.0 bp −$4 | 29.5 bp −$295 | 57.4 bp −$5,742 | 106.3 bp −$53.1K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_AXSUSD | −0.0238% | 1h | 1.0847 | −0.041% | $141K | $311K | 20x | as long as short |
| Injective AXS/USDC PERP | +0.0033% | 1h | 1.0720 | −1.207% | $5 | $47K | 5.5x | as long as short |
| Orderly PERP_AXS_USDC | +0.0078% | 4h | 1.0830 | −0.194% | $3K | — | 10x | as long as short |
| Lighter AXSlong | +0.0096% | 1h | 1.0851 | long leg | $29K | $36K | 5x | |
| BloFin AXS-USDT | +0.0099% | 4h | 1.0827 | −0.221% | $275K | $17K | 75x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0829 | −0.207% | $265K | $298K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0829 | −0.201% | $75K | $11K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0825 | −0.238% | $6.1M | $9.6M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0840 | −0.101% | $3.7M | $4.0M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0828 | −0.212% | $1.4M | $2.9M | 20x | as long as short |
Kraken Futures PF_AXSUSD
Injective AXS/USDC PERP
Orderly PERP_AXS_USDC
BloFin AXS-USDT
Hyperliquid AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDT
OKX AXS-USDT-SWAPShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate AXS_USDT | +0.0100% | 8h | 1.0837 | −0.129% | $975K | $1.0M | 50x | as long as short |
| MEXC AXS_USDTshort | +0.0100% | 4h | 1.0826 | −0.230% | $11.5M | $745K | 50x | |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0830 | −0.194% | $614K | $307K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0830 | −0.194% | $3.2M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0835 | −0.147% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0848 | −0.026% | $37K | $4K | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0856 | +0.046% | $774K | $879K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0836 | −0.138% | $2K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0833 | −0.166% | $714 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0825 | −0.241% | $7K | $156K | 10x | as long as short |
Gate AXS_USDT
KuCoin AXSUSDTM
Bitget AXSUSDT
BingX AXS-USDT
Variational Omni AXS
GRVT AXS_USDT_Perp
SunX AXS-USDT
SoDEX AXS-USD
Extended AXS-USD