Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.8329 | +0.0100 | pay 0.0050% / 4h | 8m 05s | $133K | $13K | 10x | Long Aster≤10% back | |
| SHORT | 0.8329 | +0.0050 | get 0.0006% / 1h | 8m 05s | $124K | $13K | 25x | Short Kraken Futures |
Price gap0.000%
Funding gap−0.0050% /8h
The gap pays +$3 on $10k if it goes back to its 7d average, but funding costs $1 a day and eats that in about 42 hours. At the last 7 days' pace that is about 5 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$96−0.0050% /8h now · paid −0.959% over the last 7D
Price+$3spread 0.000% now, avg −0.026% → +0.026% if it goes back
Costs−$2212.214% of $10k · taker + slippage, in and out
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now0.000%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hAXS on 19 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size102.9 / 46.4 bpAt $10k entering Aster costs 102.9 bp, fee and slippage, 2.2× Kraken Futures’s.
- Note: Margin at max leverage$1,000 + $400Aster 10x, Kraken Futures 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$1.50Long Aster: 6 payments, −$3.00; short Kraken Futures: 24 payments, +$1.50.
- OK: Entry gap works for you0.000% vs −0.026%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$124K vs $133K OIKraken Futures sets your exit cost. Check its book before closing.
- OK: Points on a legAster Stage 5Volume here counts toward the points program.
- Watch: KYCAster No · Kraken Futures YesFull verification; not offered in the US (a separate US product), Canada, Australia (wholesale only) or to retail UK clients.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0457%/8h × 21 periods−$95.93
Price spread0.000% → −0.026% (7d avg)+$2.65
Slippage, 4 orderslive order books−$203.36
Fee Aster bp × 2 orders−$8.00
Fee Kraken Futures bp × 2 orders−$10.00
Net · 7 days · $10k−$314.64
Costs to cover2.214%Break-evennever at this rate
Slippage: Aster: live order book, 9 min ago; Kraken Futures: live order book, 35 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAster6.01102.9 bp−$103doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTKraken Futures19.9746.4 bp−$46doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
AXS news
posts that mention AXS, from every exchange| 10-05 02:16 | SoDEX | Other | 📊 SoDEX 24h Movers | Mon, Oct 5 73 of 92 perp markets are higher. Can the broad advance hold through this week's macro releases? Market notes $AXS: Price rose on declining volume, alongside negative funding and net exchange inflows. The advance lacked stronger volume confirmation. $PENGU: Stonk launched a "Community Coins" mode on Solana, making PENGU holders eligible to share rewards from newly issued meme tokens. $PONS: Trader Bonk Guy's portfolio is down ~$13.9M from its Sept 6 peak. PONS remains his largest holding at $4.51M. This week's watchlist Mon, Oct 5, 14:00 UTC: US ISM Services PMI Wed, Oct 7, 18:00 UTC: FOMC minutes Fri, Oct 9: Michigan consumer sentiment preliminary release 73 up / 19 down / 0 flat across 92 perp markets. 24 also trade spot. Trade 👉 @sodex_official on X ↗ |
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