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

AXS

All AXS markets →
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
Kraken FuturesPF_AXSUSD
0.8311+0.0050pay 0.0006% / 1h18m 03s$124K$13K25xLong Kraken Futures
SHORT
AsterAXSUSDT
0.8314+0.0100get 0.0050% / 4h18m 03s$132K$13K10xShort Aster≤10% back
Price gap+0.036%
Funding gap+0.0050% /8h

Funding trade: +$1 a day on $10k at the current rate, before costs. The price gap is at its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$96+0.0050% /8h now · paid +0.959% over the last 7D
Price+$1spread +0.036% now, avg +0.026% → +0.010% if it goes back
Costs−$1911.914% of $10k · taker + slippage, in and out
Result−$94−0.94%+ Points / potential airdropAster: Stage 5 · farm board

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.036%
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

/8h

AXS on 19 exchanges

lowest funding first

Before you open

1 ok · 4 to watch
  • Watch: Thin at this size54.9 / 17.5 bp
    At $10k entering Kraken Futures costs 54.9 bp, fee and slippage, 3.1× Aster’s.
  • Note: Margin at max leverage$400 + $1,000
    Kraken Futures 25x, Aster 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ1h / 4h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: +$1.49Long Kraken Futures: 24 payments, −$1.51; short Aster: 6 payments, +$3.00.
  • Note: Gap at its usual level+0.036% vs +0.026%
    The price leg adds little either way.
  • Watch: Long leg is thinner$124K vs $132K OI
    Kraken Futures sets your exit cost. Check its book before closing.
  • OK: Points on a legAster Stage 5
    Volume here counts toward the points program.
  • Watch: KYCKraken Futures Yes · Aster No
    Full 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 out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0457%/8h × 21 periods+$95.93
Price spread+0.036% → +0.026% (7d avg)+$0.96
Slippage, 4 orderslive order books−$173.38
Fee Kraken Futures bp × 2 orders−$10.00
Fee Aster bp × 2 orders−$8.00
Net · 7 days · $10k−$94.49
Costs to cover1.914%Break-even13.9 days
Slippage: Kraken Futures: live order book, 25 min ago; Aster: live order book, 24 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGKraken Futures19.9754.9 bp−$55doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTAster6.6617.5 bp−$17doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

AXS news

posts that mention AXS, from every exchange
10-05 02:16SoDEXOther📊 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 ↗