Funding you earn now, next payment 05:00 UTC−0.0112%/8h= −12.3% APRpaid last 24h +0.016%
Price spread now: Aster against Kraken Futures−0.038%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Aster is 0.038% cheaper against Kraken Futures than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_AXSUSD | 1.0730 | 0.0212 | pay 0.0027% / 1h | 8m 18s | $141K | $345K | 20x |
| Short | Aster AXSUSDT | 1.0726 | 0.0100 | get 0.0050% / 4h | 3h 08m | $73K | $14K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Kraken Futures. 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
- −$23.61
- Price spread: −0.038% → 0.000%
- −$3.78
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$45.38
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 44 min ago; Aster: no order-book sample. Net counts fees only.
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 Kraken Futures live order book, 44 min ago | 4.16 bp | 25.0 bp −$25 | 84.8 bp −$848 | doesn't fit | doesn't fit |
| Sell Aster no order-book sample | — | — | — | — | — |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective AXS/USDC PERP | +0.0033% | 1h | 1.0720 | −0.090% | $5 | $47K | 5.5x | as long as short |
| BloFin AXS-USDT | +0.0041% | 4h | 1.0707 | −0.211% | $276K | $26K | 75x | as long as short |
| Orderly PERP_AXS_USDC | +0.0094% | 4h | 1.0720 | −0.090% | $3K | — | 10x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0739 | +0.087% | $37K | $39K | 5x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0723 | −0.062% | $260K | $309K | 5x | as long as short |
| Aster AXSUSDTshort | +0.0100% | 4h | 1.0726 | −0.038% | $73K | $14K | 10x | |
| Binance AXSUSDT | +0.0100% | 4h | 1.0717 | −0.118% | $6.1M | $10.4M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0720 | −0.090% | $3.7M | $4.2M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0718 | −0.109% | $1.4M | $2.9M | 20x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0723 | −0.062% | $852K | $898K | 50x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC AXS_USDT | +0.0100% | 4h | 1.0712 | −0.164% | $11.5M | $698K | 50x | as long as short |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0730 | +0.003% | $601K | $281K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0720 | −0.090% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0721 | −0.081% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0742 | +0.111% | $37K | $953 | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0740 | +0.097% | $762K | $892K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0711 | −0.174% | $1K | $1.4M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0715 | −0.136% | $752 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0714 | −0.146% | $7K | $198K | 10x | as long as short |
| Kraken Futures PF_AXSUSDlong | +0.0212% | 1h | 1.0730 | long leg | $141K | $345K | 20x |
Kraken Futures PF_AXSUSD
Aster AXSUSDT
Injective AXS/USDC PERP
BloFin AXS-USDT
Lighter AXS
Hyperliquid AXS
Binance AXSUSDT
Bybit AXSUSDT
OKX AXS-USDT-SWAP
Gate AXS_USDT
MEXC AXS_USDT
KuCoin AXSUSDTM
Bitget AXSUSDT
BingX AXS-USDT
Variational Omni AXS
GRVT AXS_USDT_Perp
SunX AXS-USDT
SoDEX AXS-USD
Extended AXS-USD