AXS

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0361%/8h= −39.5% APRnext payment −$0.45 per $10,000 · paid last 24h −0.032%

Price spread now: Kraken Futures against SoDEX+0.174%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 0.174% dearer against SoDEX than usual: you sell high and buy low (spread +0.174% now, against zero (this spread has no 7-day history yet)): +$17 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 39 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX AXS-USD	1.0744	0.0100	pay 0.0013% / 1h	23m 00s	$712	$3K	5x
Short	Kraken Futures PF_AXSUSD	1.0763	−0.0261	pay 0.0033% / 1h	23m 00s	$146K	$326K	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 +0.174%Rate

Funding earned: −$75.8
Price spread: +0.174% → 0.000%: $17.41
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$76.4
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: SoDEX: no order-book sample; 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy SoDEX no order-book sample	—	—	—	—	—
Sell Kraken Futures live order book, 50 min ago	2.78 bp	22.2 bp −$22	70.9 bp −$709	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	−0.0261%	1h	1.0763	+0.174%	$146K	$326K	20x
Injective AXS/USDC PERP	+0.0033%	1h	1.0720	−0.223%	$5	$47K	5.5x	as long as short
Orderly PERP_AXS_USDC	+0.0082%	4h	1.0750	+0.056%	$3K	—	10x	as long as short
Lighter AXS	+0.0096%	1h	1.0770	+0.242%	$29K	$36K	5x	as long as short
Hyperliquid AXS	+0.0100%	1h	1.0746	+0.019%	$268K	$305K	5x	as long as short
Aster AXSUSDT	+0.0100%	4h	1.0750	+0.058%	$74K	$12K	10x	as long as short
Binance AXSUSDT	+0.0100%	4h	1.0730	−0.131%	$6.1M	$9.7M	75x	as long as short
Bybit AXSUSDT	+0.0100%	8h	1.0753	+0.084%	$3.7M	$4.1M	75x	as long as short
OKX AXS-USDT-SWAP	+0.0100%	4h	1.0737	−0.065%	$1.4M	$3.0M	20x	as long as short
Gate AXS_USDT	+0.0100%	8h	1.0746	+0.019%	$919K	$986K	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	1.0727	−0.158%	$11.4M	$743K	50x	as long as short
KuCoin AXSUSDTM	+0.0100%	4h	1.0740	−0.037%	$621K	$308K	50x	as long as short
Bitget AXSUSDT	+0.0100%	4h	1.0750	+0.056%	$3.2M	$1.2M	50x	as long as short
BingX AXS-USDT	+0.0100%	4h	1.0738	−0.056%	—	$2.6M	—	as long as short
Variational Omni AXS	+0.0100%	8h	1.0777	+0.305%	$37K	$4K	—	as long as short
GRVT AXS_USDT_Perp	+0.0100%	4h	1.0772	+0.257%	$764K	$879K	10x	as long as short
SunX AXS-USDT	+0.0100%	4h	1.0753	+0.084%	$1K	$1.3M	20x	as long as short
SoDEX AXS-USDlong	+0.0100%	1h	1.0744	long leg	$712	$3K	5x
BloFin AXS-USDT	+0.0100%	4h	1.0735	−0.084%	$279K	$14K	75x	as long as short
Extended AXS-USD	+0.0104%	1h	1.0741	−0.026%	$7K	$260K	10x	as long as short