AXS

Alert

Spread before costs (cost unknown: a leg has no order-book sample)+0.092%

7d average—if it closes, per $10,000$9funding while held, a day+$8.87

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster AXSUSDT	1.0579	0.0100	pay 0.0050% / 4h	2h 15m	$72K	$11K	10x
Short	Kraken Futures PF_AXSUSD	1.0589	0.0396	get 0.0049% / 1h	15m 43s	$142K	$339K	20x

Price spread history

latest

Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Position, each leg$Hold forhoursFee AsterbpFee Kraken FuturesbpOrdersClose when spread is

Spread captured: $9.17
Funding while held: $8.87
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $0.04
Spread needed to break even: 0.180%

Slippage unknown: Aster: no order-book sample; Kraken Futures: live order book, 23 min ago. Net counts fees only.

Cost of waiting

funding view

Funding /8h: +0.0296%
Per $10,000 a day: +$8.87
Average in range /8h: —

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 Aster no order-book sample	—	—	—	—	—
Sell Kraken Futures live order book, 23 min ago	11.75 bp	24.3 bp −$24	87.6 bp −$876	doesn't fit	doesn't fit

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 price on every exchange

against the cheapest. Click to use as the short leg.

SoDEX1.0569cheapest Bitget1.0570+0.009%Orderly1.0570+0.009%Extended1.0571+0.018%Binance1.0572+0.028%Bybit1.0572+0.028%BingX1.0572+0.028%Hyperliquid1.0574+0.047%MEXC1.0574+0.047%OKX1.0575+0.057%BloFin1.0575+0.057%SunX1.0578+0.085%Gate1.0579+0.095%

Aster1.0579+0.096%

Kraken Futures1.0589+0.188%

Variational Omni1.0589+0.188%KuCoin1.0590+0.199%Lighter1.0594+0.237%Injective1.0720+1.429%

AXS on 19 venues

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
SoDEX AXS-USD	−0.096%	+0.0100%	1h	$731	$3K	5x	as long as short
Bitget AXSUSDT	−0.087%	+0.0100%	4h	$3.1M	$1.1M	50x	as long as short
Orderly PERP_AXS_USDC	−0.087%	+0.0031%	4h	$3K	$33	10x	as long as short
Extended AXS-USD	−0.078%	+0.0104%	1h	$7K	$156K	10x	as long as short
Binance AXSUSDT	−0.068%	+0.0100%	4h	$5.9M	$9.5M	75x	as long as short
Bybit AXSUSDT	−0.068%	+0.0015%	8h	$3.2M	$3.7M	75x	as long as short
BingX AXS-USDT	−0.068%	+0.0100%	4h	—	$2.6M	—	as long as short
Hyperliquid AXS	−0.049%	+0.0100%	1h	$266K	$295K	5x	as long as short
MEXC AXS_USDT	−0.049%	+0.0100%	4h	$10.5M	$791K	50x	as long as short
OKX AXS-USDT-SWAP	−0.040%	+0.0100%	4h	$1.4M	$2.8M	20x	as long as short

Show all 19 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
BloFin AXS-USDT	−0.040%	+0.0092%	4h	$276K	$36K	75x	as long as short
SunX AXS-USDT	−0.011%	+0.0100%	4h	$2K	$1.3M	20x	as long as short
Gate AXS_USDT	−0.002%	+0.0100%	8h	$962K	$1.5M	50x	as long as short
Aster AXSUSDTlong	0.000%	+0.0100%	4h	$72K	$11K	10x
Kraken Futures PF_AXSUSDshort	+0.092%	+0.0396%	1h	$142K	$339K	20x
Variational Omni AXS	+0.092%	+0.0100%	8h	$36K	$4K	—	as long as short
KuCoin AXSUSDTM	+0.102%	+0.0100%	4h	$635K	$269K	50x	as long as short
Lighter AXS	+0.140%	+0.0096%	1h	$28K	$41K	5x	as long as short
Injective AXS/USDC PERP	+1.331%	+0.0033%	1h	$5	$70K	5.5x	as long as short