AXS

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%

Price spread now: SoDEX against Lighter−0.308%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Lighter Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 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: SoDEX is 0.308% cheaper against Lighter than usual: you would sell low and buy high, −$31 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	1.0731	0.0096	pay 0.0012% / 1h	46m 27s	$37K	$39K	5x
Short	SoDEX AXS-USD	1.0698	0.0100	get 0.0013% / 1h	46m 27s	$755	$3K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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

Position, each leg$Hold fordaysFee LighterbpFee SoDEXbpOrdersPrice spread, now −0.308%Rate

Funding earned: $0.84
Price spread: −0.308% → 0.000%: −$30.75
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$37.91
Costs to cover: 0.080%
Break-even: 322.9 days

Slippage unknown: Lighter: no order-book sample; SoDEX: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Lighter no order-book sample	—	—	—	—	—
Sell SoDEX no order-book sample	—	—	—	—	—

Lighter and SoDEX: 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	−0.103%	$5	$47K	5.5x	as long as short
Lighter AXSlong	+0.0096%	1h	1.0731	long leg	$37K	$39K	5x
Hyperliquid AXS	+0.0100%	1h	1.0707	−0.224%	$260K	$309K	5x	as long as short
Aster AXSUSDT	+0.0100%	4h	1.0703	−0.258%	$73K	$14K	10x	as long as short
Binance AXSUSDT	+0.0100%	4h	1.0701	−0.281%	$6.1M	$10.4M	75x	as long as short
Bybit AXSUSDT	+0.0100%	8h	1.0704	−0.252%	$3.7M	$4.2M	75x	as long as short
OKX AXS-USDT-SWAP	+0.0100%	4h	1.0697	−0.317%	$1.4M	$2.9M	20x	as long as short
Gate AXS_USDT	+0.0100%	8h	1.0700	−0.289%	$849K	$826K	50x	as long as short
MEXC AXS_USDT	+0.0100%	4h	1.0703	−0.261%	$11.5M	$663K	50x	as long as short
KuCoin AXSUSDTM	+0.0100%	4h	1.0700	−0.289%	$596K	$283K	50x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget AXSUSDT	+0.0100%	4h	1.0700	−0.289%	$3.1M	$1.2M	50x	as long as short
BingX AXS-USDT	+0.0100%	4h	1.0698	−0.308%	—	$2.6M	—	as long as short
Variational Omni AXS	+0.0100%	8h	1.0724	−0.069%	$36K	$953	—	as long as short
GRVT AXS_USDT_Perp	+0.0100%	4h	1.0720	−0.104%	$770K	$894K	10x	as long as short
Orderly PERP_AXS_USDC	+0.0100%	4h	1.0700	−0.289%	$3K	—	10x	as long as short
SunX AXS-USDT	+0.0100%	4h	1.0701	−0.280%	$2K	$1.4M	20x	as long as short
SoDEX AXS-USDshort	+0.0100%	1h	1.0698	−0.308%	$755	$3K	5x
Extended AXS-USD	+0.0104%	1h	1.0699	−0.301%	$7K	$223K	10x	as long as short
BloFin AXS-USDT	+0.0138%	4h	1.0698	−0.308%	$277K	$28K	75x	as long as short
Kraken Futures PF_AXSUSD	+0.0413%	1h	1.0713	−0.163%	$140K	$347K	20x	as long as short