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

AXS

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 6 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 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_AXSUSD1.07300.0212pay 0.0027% / 1h8m 18s$141K$345K20x
ShortAster AXSUSDT1.07260.0100get 0.0050% / 4h3h 08m$73K$14K10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures live order book, 44 min ago4.16 bp25.0 bp −$2584.8 bp −$848doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective AXS/USDC PERP+0.0033%1h1.0720−0.090%$5$47K5.5xas long as short
BloFin AXS-USDT+0.0041%4h1.0707−0.211%$276K$26K75xas long as short
Orderly PERP_AXS_USDC+0.0094%4h1.0720−0.090%$3K10xas long as short
Lighter AXS+0.0096%1h1.0739+0.087%$37K$39K5xas long as short
Hyperliquid AXS+0.0100%1h1.0723−0.062%$260K$309K5xas long as short
Aster AXSUSDTshort+0.0100%4h1.0726−0.038%$73K$14K10x
Binance AXSUSDT+0.0100%4h1.0717−0.118%$6.1M$10.4M75xas long as short
Bybit AXSUSDT+0.0100%8h1.0720−0.090%$3.7M$4.2M75xas long as short
OKX AXS-USDT-SWAP+0.0100%4h1.0718−0.109%$1.4M$2.9M20xas long as short
Gate AXS_USDT+0.0100%8h1.0723−0.062%$852K$898K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC AXS_USDT+0.0100%4h1.0712−0.164%$11.5M$698K50xas long as short
KuCoin AXSUSDTM+0.0100%4h1.0730+0.003%$601K$281K50xas long as short
Bitget AXSUSDT+0.0100%4h1.0720−0.090%$3.1M$1.2M50xas long as short
BingX AXS-USDT+0.0100%4h1.0721−0.081%$2.6Mas long as short
Variational Omni AXS+0.0100%8h1.0742+0.111%$37K$953as long as short
GRVT AXS_USDT_Perp+0.0100%4h1.0740+0.097%$762K$892K10xas long as short
SunX AXS-USDT+0.0100%4h1.0711−0.174%$1K$1.4M20xas long as short
SoDEX AXS-USD+0.0100%1h1.0715−0.136%$752$3K5xas long as short
Extended AXS-USD+0.0104%1h1.0714−0.146%$7K$198K10xas long as short
Kraken Futures PF_AXSUSDlong+0.0212%1h1.0730long leg$141K$345K20x