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

AXS

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.01 per $10,000 · paid last 24h 0.000%
Price spread now: Lighter against SoDEX+0.066%7-day average · you sell dearer than you buy
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 3 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: Lighter is 0.066% dearer against SoDEX than usual: you sell high and buy low, +$7 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX AXS-USD1.06670.0100pay 0.0013% / 1h10m 26s$768$3K5x
ShortLighter AXS1.06740.0096get 0.0012% / 1h10m 26s$36K$43K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against SoDEX. 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: +0.066% → 0.000%
$6.56
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
−$2.28
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: SoDEX: no order-book sample; Lighter: 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
LegHalf-spread$10k$100k$1M$5M
Buy SoDEX no order-book sample
Sell Lighter no order-book sample
SoDEX and 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
Injective AXS/USDC PERP+0.0033%1h1.0580−0.816%$1K$48K5.5xas long as short
BloFin AXS-USDT+0.0082%4h1.0654−0.122%$279K$29K75xas long as short
Orderly PERP_AXS_USDC+0.0094%4h1.0660−0.066%$3K10xas long as short
Lighter AXSshort+0.0096%1h1.0674+0.066%$36K$43K5x
Hyperliquid AXS+0.0100%1h1.0669+0.019%$256K$705K5xas long as short
Aster AXSUSDT+0.0100%4h1.0655−0.111%$72K$17K10xas long as short
Binance AXSUSDT+0.0100%4h1.0660−0.066%$6.0M$10.9M75xas long as short
Bybit AXSUSDT+0.0100%8h1.0657−0.094%$3.7M$4.3M75xas long as short
OKX AXS-USDT-SWAP+0.0100%4h1.06670.000%$1.4M$3.0M20xas long as short
Gate AXS_USDT+0.0100%8h1.0649−0.169%$842K$535K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC AXS_USDT+0.0100%4h1.0671+0.037%$11.6M$706K50xas long as short
KuCoin AXSUSDTM+0.0100%4h1.0660−0.066%$588K$280K50xas long as short
Bitget AXSUSDT+0.0100%4h1.0650−0.159%$3.1M$1.2M50xas long as short
Variational Omni AXS+0.0100%8h1.0650−0.158%$36K$953as long as short
GRVT AXS_USDT_Perp+0.0100%4h1.0653−0.127%$763K$888K10xas long as short
SunX AXS-USDT+0.0100%4h1.0670+0.028%$2K$1.4M20xas long as short
SoDEX AXS-USDlong+0.0100%1h1.0667long leg$768$3K5x
Extended AXS-USD+0.0104%1h1.0653−0.128%$8K$251K10xas long as short
BingX AXS-USDT+0.0200%4h1.0658−0.084%$2.6Mas long as short
Kraken Futures PF_AXSUSD+0.0649%1h1.0674+0.070%$145K$349K20xas long as short