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Spritz the air fryer basket with cooking spray.
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Whisk the eggs with water in a large bowl. Pour the flour in a separate bowl. Pour the panko on a shallow dish and sprinkle with salt and pepper.
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Dredge the chicken livers in the flour. Shake the excess off, then dunk the livers in the whisked eggs, and then roll the livers over the panko to coat well.
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Arrange the livers in the basket and spritz with cooking spray.
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Put the air fryer basket on the baking pan and slide into Rack Position 2, select Air Fry, set temperature to 390ºF (199ºC) and set time to 10 minutes.
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Flip the livers halfway through.
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When cooking is complete, the livers should be golden and crispy.
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Serve immediately.