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

AXS

all AXS markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0576%/8h= −63.0% APRpaid last 24h −0.023%
Price spread now: Kraken Futures against SunX+0.084%7-day average +0.104% · you sell dearer than you buy
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 7 days−0.139%−$14 on $10k
Price spread, last 3 days (all we have)+0.032%+$3 · spread now +0.084%, 7d avg +0.104%
Together, before fees−0.107%−$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.104%, so right now this pair is about funding alone: −$17 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.139% in total (about -7.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX AXS-USDT1.06390.0100pay 0.0050% / 4h1h 32m$1K$1.3M20x
ShortKraken Futures PF_AXSUSD1.0648−0.0476pay 0.0059% / 1h32m 37s$139K$305K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against SunX. 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
−$120.9
Price spread: +0.084% → +0.104%
−$1.96
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$140.86
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 1 min ago; Kraken Futures: live order book, 50 min ago. 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 SunX live order book, 1 min ago500.40 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Kraken Futures live order book, 50 min ago6.09 bp19.5 bp −$1968.1 bp −$681doesn't fitdoesn't fit

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
Kraken Futures PF_AXSUSDshort−0.0476%1h1.0648+0.084%$139K$305K20x
OKX AXS-USDT-SWAP+0.0030%4h1.0634−0.047%$1.4M$2.7M20xas long as short
Injective AXS/USDC PERP+0.0033%1h1.0720+0.761%$5$47K5.5xas long as short
Orderly PERP_AXS_USDC+0.0069%4h1.0640+0.009%$3K10xas long as short
Lighter AXS+0.0096%1h1.0661+0.207%$28K$36K5xas long as short
Hyperliquid AXS+0.0100%1h1.0641+0.019%$263K$296K5xas long as short
Aster AXSUSDT+0.0100%4h1.0645+0.060%$72K$11K10xas long as short
Binance AXSUSDT+0.0100%4h1.0635−0.038%$5.9M$9.2M75xas long as short
Bybit AXSUSDT+0.0100%8h1.0637−0.019%$3.2M$3.6M75xas long as short
Gate AXS_USDT+0.0100%8h1.0641+0.019%$958K$1.0M50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC AXS_USDT+0.0100%4h1.0633−0.056%$11.1M$725K50xas long as short
KuCoin AXSUSDTM+0.0100%4h1.0650+0.103%$582K$295K50xas long as short
Bitget AXSUSDT+0.0100%4h1.0640+0.009%$3.1M$1.2M50xas long as short
BingX AXS-USDT+0.0100%4h1.0637−0.019%$2.6Mas long as short
Variational Omni AXS+0.0100%8h1.0637−0.016%$36K$4Kas long as short
GRVT AXS_USDT_Perp+0.0100%4h1.0639−0.004%$759K$870K10xas long as short
SunX AXS-USDTlong+0.0100%4h1.0639long leg$1K$1.3M20x
SoDEX AXS-USD+0.0100%1h1.0638−0.009%$681$3K5xas long as short
Extended AXS-USD+0.0104%1h1.0640+0.011%$7K$156K10xas long as short
BloFin AXS-USDT+0.0124%4h1.0638−0.009%$271K$17K75xas long as short