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

AXS

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0341%/8h= +37.4% APRpaid last 24h −0.029%
Price spread now: Kraken Futures against Aster+0.040%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Kraken Futures is 0.040% dearer against Aster than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster AXSUSDT1.06440.0100pay 0.0050% / 4h48m 32s$73K$14K10x
ShortKraken Futures PF_AXSUSD1.06490.0441get 0.0055% / 1h48m 32s$138K$348K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Aster. 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
$71.66
Price spread: +0.040% → 0.000%
$4.05
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$57.71
Costs to cover
0.180%
Break-even
1.4 days
Slippage unknown: Aster: no order-book sample; Kraken Futures: live order book, 9 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 Aster no order-book sample
Sell Kraken Futures live order book, 9 min ago2.34 bp22.9 bp −$2396.9 bp −$969doesn't fitdoesn't fit
Aster: 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+0.710%$5$47K5.5xas long as short
BloFin AXS-USDT+0.0071%4h1.0658+0.128%$276K$24K75xas long as short
Orderly PERP_AXS_USDC+0.0093%4h1.0640−0.041%$3K10xas long as short
Lighter AXS+0.0096%1h1.0670+0.241%$32K$41K5xas long as short
Hyperliquid AXS+0.0100%1h1.0659+0.137%$257K$311K5xas long as short
Aster AXSUSDTlong+0.0100%4h1.0644long leg$73K$14K10x
Binance AXSUSDT+0.0100%4h1.0650+0.053%$6.0M$10.2M75xas long as short
Bybit AXSUSDT+0.0100%8h1.0662+0.165%$3.7M$4.2M75xas long as short
OKX AXS-USDT-SWAP+0.0100%4h1.0649+0.043%$1.4M$2.9M20xas long as short
Gate AXS_USDT+0.0100%8h1.0642−0.022%$848K$897K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC AXS_USDT+0.0100%4h1.0652+0.071%$11.3M$667K50xas long as short
KuCoin AXSUSDTM+0.0100%4h1.0650+0.053%$597K$300K50xas long as short
Bitget AXSUSDT+0.0100%4h1.0650+0.053%$3.1M$1.2M50xas long as short
BingX AXS-USDT+0.0100%4h1.0648+0.034%$2.6Mas long as short
Variational Omni AXS+0.0100%8h1.0667+0.214%$36K$3Kas long as short
GRVT AXS_USDT_Perp+0.0100%4h1.0688+0.408%$760K$876K10xas long as short
SunX AXS-USDT+0.0100%4h1.0643−0.013%$2K$1.3M20xas long as short
SoDEX AXS-USD+0.0100%1h1.0638−0.060%$743$3K5xas long as short
Extended AXS-USD+0.0104%1h1.0640−0.040%$7K$243K10xas long as short
Kraken Futures PF_AXSUSDshort+0.0441%1h1.0649+0.040%$138K$348K20x