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

AXS

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Variational Omni+0.030%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 airdropVariational Omni: Active · Hyperliquid: Season 2 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.030% dearer against Variational Omni than usual: you sell high and buy low, +$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni AXS1.07130.0100pay 0.0100% / 8h5h 40m$36K$3K
ShortHyperliquid AXS1.07170.0100get 0.0013% / 1h40m 49s$258K$312K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Variational Omni. 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
Price spread: +0.030% → 0.000%
$2.98
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$6.02
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Variational Omni: no order-book sample; Hyperliquid: live order book, 59 min ago. 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 Variational Omni no order-book sample
Sell Hyperliquid live order book, 59 min ago3.28 bp31.8 bp −$32doesn't fitdoesn't fitdoesn't fit
Variational Omni: 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%1h1.0720+0.062%$5$47K5.5xas long as short
Orderly PERP_AXS_USDC+0.0087%4h1.0710−0.032%$3K10xas long as short
Lighter AXS+0.0096%1h1.0732+0.174%$33K$41K5xas long as short
Hyperliquid AXSshort+0.0100%1h1.0717+0.030%$258K$312K5x
Aster AXSUSDT+0.0100%4h1.0709−0.037%$73K$14K10xas long as short
Binance AXSUSDT+0.0100%4h1.0710−0.030%$6.1M$10.0M75xas long as short
Bybit AXSUSDT+0.0100%8h1.0718+0.043%$3.7M$4.2M75xas long as short
OKX AXS-USDT-SWAP+0.0100%4h1.0703−0.097%$1.4M$2.9M20xas long as short
Gate AXS_USDT+0.0100%8h1.0705−0.079%$853K$952K50xas long as short
MEXC AXS_USDT+0.0100%4h1.0706−0.069%$11.4M$706K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin AXSUSDTM+0.0100%4h1.0710−0.032%$601K$301K50xas long as short
Bitget AXSUSDT+0.0100%4h1.0710−0.032%$3.1M$1.2M50xas long as short
BingX AXS-USDT+0.0100%4h1.0715+0.015%$2.6Mas long as short
Variational Omni AXSlong+0.0100%8h1.0713long leg$36K$3K
GRVT AXS_USDT_Perp+0.0100%4h1.0720+0.061%$758K$883K10xas long as short
SunX AXS-USDT+0.0100%4h1.0705−0.079%$2K$1.3M20xas long as short
SoDEX AXS-USD+0.0100%1h1.0705−0.079%$734$3K5xas long as short
Extended AXS-USD+0.0104%1h1.0707−0.064%$7K$245K10xas long as short
BloFin AXS-USDT+0.0151%4h1.0710−0.032%$275K$23K75xas long as short
Kraken Futures PF_AXSUSD+0.0361%1h1.0717+0.035%$145K$335K20xas long as short