Funding you earn now, next payment 06:00 UTC−0.0275%/8h= −30.2% APRpaid last 24h +0.016%
Price spread now: BloFin against Kraken Futures−0.102%57s7-day average −0.113% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$770.771% of the position
Funding, last 7 days+0.234%+$23 on $10k
+Price spread, last 4 days (all we have)−0.088%−$9 · spread now −0.102%, 7d avg −0.113%
=The price spread sits at its 7-day average of −0.113%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.234%, so the current rate has only just turned against you. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_AXSUSD | 1.0709 | 0.0413 | pay 0.0052% / 1h | 46m 23s | $140K | $346K | 20x |
| Short | BloFin AXS-USDT | 1.0698 | 0.0138 | get 0.0069% / 4h | 2h 46m | $277K | $28K | 75x |
Kraken Futures PF_AXSUSD
BloFin AXS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Kraken Futures. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$57.83
- Price spread: −0.102% → −0.113%
- $1.12
- Slippage, 4 orders
- −$55.07
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$133.77
- Costs to cover
- 0.771%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 1 min ago; BloFin: live order book, 25 min ago.
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 Kraken Futures live order book, 1 min ago | 3.27 bp | 22.0 bp −$22 | 100.5 bp −$1,005 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 25 min ago | 1.40 bp | 15.9 bp −$16 | 32.5 bp −$325 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective AXS/USDC PERP | +0.0033% | 1h | 1.0720 | +0.104% | $5 | $47K | 5.5x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0726 | +0.160% | $36K | $39K | 5x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0707 | −0.018% | $260K | $309K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0703 | −0.060% | $73K | $14K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0701 | −0.071% | $6.1M | $10.4M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0704 | −0.046% | $3.7M | $4.2M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0696 | −0.121% | $1.4M | $2.9M | 20x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0700 | −0.083% | $849K | $826K | 50x | as long as short |
| MEXC AXS_USDT | +0.0100% | 4h | 1.0703 | −0.055% | $11.5M | $663K | 50x | as long as short |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0700 | −0.083% | $596K | $283K | 50x | as long as short |
Injective AXS/USDC PERP
Lighter AXS
Hyperliquid AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDT
OKX AXS-USDT-SWAP
Gate AXS_USDT
MEXC AXS_USDT
KuCoin AXSUSDTMShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget AXSUSDT | +0.0100% | 4h | 1.0700 | −0.083% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0699 | −0.093% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0724 | +0.137% | $36K | $953 | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0720 | +0.102% | $770K | $894K | 10x | as long as short |
| Orderly PERP_AXS_USDC | +0.0100% | 4h | 1.0700 | −0.083% | $3K | — | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0705 | −0.037% | $2K | $1.4M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0701 | −0.074% | $759 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0698 | −0.098% | $7K | $223K | 10x | as long as short |
| BloFin AXS-USDTshort | +0.0138% | 4h | 1.0698 | −0.102% | $277K | $28K | 75x | |
| Kraken Futures PF_AXSUSDlong | +0.0413% | 1h | 1.0709 | long leg | $140K | $346K | 20x |
Bitget AXSUSDT
BingX AXS-USDT
Variational Omni AXS
GRVT AXS_USDT_Perp
Orderly PERP_AXS_USDC
SunX AXS-USDT
SoDEX AXS-USD
Extended AXS-USD