Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against SunX+0.289%7-day average — · you sell dearer than you buy
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: Lighter is 0.289% dearer against SunX than usual: you sell high and buy low, +$29 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 | SunX AXS-USDT | 1.0719 | 0.0100 | pay 0.0050% / 4h | 18m 17s | $2K | $1.3M | 20x |
| Short | Lighter AXS | 1.0750 | 0.0096 | get 0.0012% / 1h | 18m 17s | $33K | $41K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against SunX. 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: +0.289% → 0.000%
- $28.92
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $20.08
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: SunX: live order book, 6 min ago; 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy SunX live order book, 6 min ago | 494.25 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter no order-book sample | — | — | — | — | — |
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 | +0.009% | $5 | $47K | 5.5x | as long as short |
| Orderly PERP_AXS_USDC | +0.0093% | 4h | 1.0720 | +0.009% | $3K | — | 10x | as long as short |
| Lighter AXSshort | +0.0096% | 1h | 1.0750 | +0.289% | $33K | $41K | 5x | |
| Hyperliquid AXS | +0.0100% | 1h | 1.0722 | +0.031% | $258K | $309K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0716 | −0.029% | $73K | $14K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0719 | +0.002% | $6.1M | $10.3M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0726 | +0.065% | $3.7M | $4.2M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0728 | +0.084% | $1.4M | $2.9M | 20x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0713 | −0.056% | $853K | $900K | 50x | as long as short |
| MEXC AXS_USDT | +0.0100% | 4h | 1.0723 | +0.037% | $11.4M | $671K | 50x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0720 | +0.009% | $601K | $298K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0720 | +0.009% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0720 | +0.009% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0728 | +0.084% | $36K | $953 | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0712 | −0.065% | $762K | $900K | 10x | as long as short |
| SunX AXS-USDTlong | +0.0100% | 4h | 1.0719 | long leg | $2K | $1.3M | 20x | |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0722 | +0.028% | $746 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0713 | −0.052% | $10K | $244K | 10x | as long as short |
| BloFin AXS-USDT | +0.0105% | 4h | 1.0726 | +0.065% | $274K | $24K | 75x | as long as short |
| Kraken Futures PF_AXSUSD | +0.0438% | 1h | 1.0732 | +0.123% | $139K | $339K | 20x | as long as short |
SunX AXS-USDT
Lighter AXS
Injective AXS/USDC PERP
Hyperliquid AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDT
OKX AXS-USDT-SWAP
Gate AXS_USDT
MEXC AXS_USDT
KuCoin AXSUSDTM
Bitget AXSUSDT
BingX AXS-USDT
Variational Omni AXS
GRVT AXS_USDT_Perp
SoDEX AXS-USD
Extended AXS-USD
BloFin AXS-USDT
Kraken Futures PF_AXSUSD