AXS

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0439%/8h= −48.1% APRnext payment −$0.55 per $10,000 · paid last 24h −0.015%

Price spread now: Kraken Futures against SoDEX+0.124%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on SoDEX Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Kraken Futures is 0.124% dearer against SoDEX than usual: you sell high and buy low (spread +0.124% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 23 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX AXS-USD	1.0595	0.0100	pay 0.0013% / 1h	0m 57s	$694	$3K	5x
Short	Kraken Futures PF_AXSUSD	1.0608	−0.0339	pay 0.0042% / 1h	0m 57s	$138K	$321K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against SoDEX. 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

Position, each leg$Hold fordaysFee SoDEXbpFee Kraken FuturesbpOrdersPrice spread, now +0.124%Rate

Funding earned: −$92.2
Price spread: +0.124% → 0.000%: $12.38
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$97.82
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: SoDEX: no order-book sample; Kraken Futures: live order book, 22 min ago. 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 SoDEX no order-book sample	—	—	—	—	—
Sell Kraken Futures live order book, 22 min ago	6.09 bp	19.5 bp −$19	68.1 bp −$681	doesn't fit	doesn't fit

SoDEX: 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
Kraken Futures PF_AXSUSDshort	−0.0339%	1h	1.0608	+0.124%	$138K	$321K	20x
OKX AXS-USDT-SWAP	+0.0015%	4h	1.0602	+0.066%	$1.4M	$2.7M	20x	as long as short
Injective AXS/USDC PERP	+0.0033%	1h	1.0720	+1.180%	$5	$47K	5.5x	as long as short
BloFin AXS-USDT	+0.0051%	4h	1.0588	−0.066%	$272K	$29K	75x	as long as short
Orderly PERP_AXS_USDC	+0.0073%	4h	1.0590	−0.047%	$3K	—	10x	as long as short
Lighter AXS	+0.0096%	1h	1.0615	+0.189%	$28K	$36K	5x	as long as short
Hyperliquid AXS	+0.0100%	1h	1.0598	+0.028%	$260K	$293K	5x	as long as short
Aster AXSUSDT	+0.0100%	4h	1.0594	−0.008%	$72K	$11K	10x	as long as short
Binance AXSUSDT	+0.0100%	4h	1.0595	+0.002%	$5.9M	$9.3M	75x	as long as short
Bybit AXSUSDT	+0.0100%	8h	1.0594	−0.009%	$3.1M	$3.6M	75x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate AXS_USDT	+0.0100%	8h	1.0590	−0.047%	$955K	$1.0M	50x	as long as short
MEXC AXS_USDT	+0.0100%	4h	1.0593	−0.019%	$11.1M	$765K	50x	as long as short
KuCoin AXSUSDTM	+0.0100%	4h	1.0600	+0.047%	$582K	$294K	50x	as long as short
Bitget AXSUSDT	+0.0100%	4h	1.0590	−0.047%	$3.1M	$1.2M	50x	as long as short
BingX AXS-USDT	+0.0100%	4h	1.0592	−0.028%	—	$2.6M	—	as long as short
Variational Omni AXS	+0.0100%	8h	1.0589	−0.061%	$36K	$4K	—	as long as short
GRVT AXS_USDT_Perp	+0.0100%	4h	1.0599	+0.033%	$756K	$888K	10x	as long as short
SunX AXS-USDT	+0.0100%	4h	1.0598	+0.028%	$2K	$1.3M	20x	as long as short
SoDEX AXS-USDlong	+0.0100%	1h	1.0595	long leg	$694	$3K	5x
Extended AXS-USD	+0.0104%	1h	1.0594	−0.011%	$7K	$156K	10x	as long as short