Funding you earn now, next payment 08:00 UTC−0.0550%/8h= −60.2% APRpaid last 24h −0.006%
Price spread now: Variational Omni against Kraken Futures−0.061%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Variational Omni is 0.061% cheaper against Kraken Futures than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_AXSUSD | 1.0659 | 0.0650 | pay 0.0081% / 1h | 11m 58s | $145K | $349K | 20x |
| Short | Variational Omni AXS | 1.0652 | 0.0100 | get 0.0100% / 8h | 11m 58s | $36K | $953 | — |
Kraken Futures PF_AXSUSD
Variational Omni AXSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$115.4
- Price spread: −0.061% → 0.000%
- −$6.06
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$131.46
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 26 min ago; Variational Omni: no order-book sample. 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 Kraken Futures live order book, 26 min ago | 2.34 bp | 19.4 bp −$19 | 74.1 bp −$741 | doesn't fit | doesn't fit |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
Variational Omni: 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective AXS/USDC PERP | +0.0033% | 1h | 1.0580 | −0.739% | $1K | $48K | 5.5x | as long as short |
| Orderly PERP_AXS_USDC | +0.0094% | 4h | 1.0660 | +0.011% | $3K | — | 10x | as long as short |
| BloFin AXS-USDT | +0.0096% | 4h | 1.0663 | +0.039% | $281K | $29K | 75x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0679 | +0.189% | $36K | $43K | 5x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0652 | −0.064% | $256K | $705K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0654 | −0.044% | $72K | $17K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0649 | −0.092% | $6.0M | $10.9M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0653 | −0.055% | $3.7M | $4.3M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0647 | −0.111% | $1.4M | $3.0M | 20x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0646 | −0.120% | $842K | $535K | 50x | as long as short |
Injective AXS/USDC PERP
Orderly PERP_AXS_USDC
BloFin AXS-USDT
Lighter AXS
Hyperliquid AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDT
OKX AXS-USDT-SWAP
Gate AXS_USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC AXS_USDT | +0.0100% | 4h | 1.0650 | −0.083% | $11.5M | $705K | 50x | as long as short |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0660 | +0.011% | $588K | $280K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0640 | −0.176% | $3.1M | $1.2M | 50x | as long as short |
| Variational Omni AXSshort | +0.0100% | 8h | 1.0652 | −0.061% | $36K | $953 | — | |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0649 | −0.089% | $762K | $887K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0655 | −0.036% | $2K | $1.4M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0651 | −0.073% | $765 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0647 | −0.107% | $8K | $251K | 10x | as long as short |
| BingX AXS-USDT | +0.0200% | 4h | 1.0653 | −0.055% | — | $2.6M | — | as long as short |
| Kraken Futures PF_AXSUSDlong | +0.0650% | 1h | 1.0659 | long leg | $145K | $349K | 20x |
MEXC AXS_USDT
KuCoin AXSUSDTM
Bitget AXSUSDT
GRVT AXS_USDT_Perp
SunX AXS-USDT
SoDEX AXS-USD
Extended AXS-USD
BingX AXS-USDT