Funding you earn now, next payment 09:00 UTC+0.0362%/8h= +39.6% APRnext payment +$0.45 per $10,000 · paid last 24h +0.011%
Price spread now: Kraken Futures against Extended+0.100%7-day average +0.152% · you sell dearer than you buy
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$1000.998% of the position
Funding, last 7 days−0.087%−$9 on $10k
+Price spread, last 4 days (all we have)+0.115%+$11 · spread now +0.100%, 7d avg +0.152%
=Together, before fees+0.028%+ Points / potential airdropExtended: Active · farm board+$3 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 0.052% cheaper against Extended than usual: you would sell low and buy high (spread +0.100% now, against its 7-day average of +0.152%). If the spread goes back, that is −$5 on $10k: about 12 hours of funding at the current rate (+$11 a day). Mind the row above: over the last 7 days funding on this pair cost −0.087%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.087% in total (about -4.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.45 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended AXS-USD | 1.0661 | 0.0104 | pay 0.0013% / 1h | 52m 20s | $7K | $250K | 10x |
| Short | Kraken Futures PF_AXSUSD | 1.0671 | 0.0466 | get 0.0058% / 1h | 52m 20s | $146K | $348K | 20x |
Extended AXS-USD
Kraken Futures PF_AXSUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Extended. 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
- $75.95
- Price spread: +0.100% → +0.152%
- −$5.22
- Slippage, 4 orders
- −$84.83
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$29.1
- Costs to cover
- 0.998%
- Break-even
- 9.7 days
Slippage from Extended: live order book, 44 min ago; Kraken Futures: live order book, 45 min ago.
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 Extended live order book, 44 min ago | 1.55 bp | 19.9 bp −$20 | 167.9 bp −$1,679 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 45 min ago | 2.34 bp | 35.6 bp −$36 | 112.6 bp −$1,126 | doesn't fit | doesn't fit |
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 | 1.0580 | −0.756% | $1K | $48K | 5.5x | as long as short |
| BloFin AXS-USDT | +0.0065% | 4h | 1.0670 | +0.088% | $283K | $29K | 75x | as long as short |
| Orderly PERP_AXS_USDC | +0.0094% | 4h | 1.0660 | −0.006% | $3K | — | 10x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0686 | +0.238% | $36K | $42K | 5x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0666 | +0.051% | $256K | $705K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0670 | +0.086% | $72K | $17K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0663 | +0.022% | $6.0M | $10.8M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0670 | +0.088% | $3.7M | $4.3M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0660 | −0.006% | $1.4M | $3.0M | 20x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0669 | +0.079% | $843K | $524K | 50x | as long as short |
Injective AXS/USDC PERP
BloFin AXS-USDT
Orderly PERP_AXS_USDC
Lighter AXS
Hyperliquid AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDT
OKX AXS-USDT-SWAP
Gate AXS_USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC AXS_USDT | +0.0100% | 4h | 1.0663 | +0.023% | $11.6M | $703K | 50x | as long as short |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0670 | +0.088% | $589K | $278K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0670 | +0.088% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0663 | +0.023% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0671 | +0.095% | $36K | $953 | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0653 | −0.075% | $763K | $873K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0667 | +0.060% | $1K | $1.4M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0662 | +0.013% | $774 | $3K | 5x | as long as short |
| Extended AXS-USDlong | +0.0104% | 1h | 1.0661 | long leg | $7K | $250K | 10x | |
| Kraken Futures PF_AXSUSDshort | +0.0466% | 1h | 1.0671 | +0.100% | $146K | $348K | 20x |
MEXC AXS_USDT
KuCoin AXSUSDTM
Bitget AXSUSDT
BingX AXS-USDT
Variational Omni AXS
GRVT AXS_USDT_Perp
SunX AXS-USDT
SoDEX AXS-USD