Funding you earn now, next payment 06:00 UTC+0.0313%/8h= +34.3% APRpaid last 24h −0.007%
Price spread now: Kraken Futures against SunX−0.057%7-day average +0.104% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.118%−$12 on $10k
+Price spread, last 4 days (all we have)+0.173%+$17 · spread now −0.057%, 7d avg +0.104%
=Funding pays, the price is against you. Kraken Futures is 0.162% cheaper against SunX than usual: you would sell low and buy high (spread −0.057% now, against its 7-day average of +0.104%). If the spread goes back, that is −$16 on $10k: about 41 hours of funding at the current rate (+$9 a day). Mind the row above: over the last 7 days funding on this pair cost −0.118%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.118% in total (about -6.2% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX AXS-USDT | 1.0719 | 0.0100 | pay 0.0050% / 4h | 2h 49m | $2K | $1.4M | 20x |
| Short | Kraken Futures PF_AXSUSD | 1.0713 | 0.0413 | get 0.0052% / 1h | 49m 45s | $140K | $347K | 20x |
SunX AXS-USDT
Kraken Futures PF_AXSUSDFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $65.75
- Price spread: −0.057% → +0.104%
- −$16.16
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $31.59
- Costs to cover
- 0.180%
- Break-even
- 3.6 days
Slippage unknown: SunX: live order book, 4 min ago; Kraken Futures: live order book, 63 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 SunX live order book, 4 min ago | 500.33 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 63 min ago | 4.16 bp | 24.1 bp −$24 | 90.0 bp −$900 | 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 | +0.009% | $5 | $47K | 5.5x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0727 | +0.075% | $36K | $39K | 5x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0704 | −0.140% | $259K | $309K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0698 | −0.192% | $73K | $14K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0698 | −0.197% | $6.1M | $10.4M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0698 | −0.196% | $3.7M | $4.2M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0698 | −0.196% | $1.4M | $2.9M | 20x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0704 | −0.140% | $850K | $826K | 50x | as long as short |
| MEXC AXS_USDT | +0.0100% | 4h | 1.0695 | −0.224% | $11.5M | $663K | 50x | as long as short |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0700 | −0.177% | $598K | $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 | −0.177% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0704 | −0.140% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0724 | +0.043% | $36K | $953 | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0715 | −0.034% | $769K | $893K | 10x | as long as short |
| Orderly PERP_AXS_USDC | +0.0100% | 4h | 1.0710 | −0.084% | $3K | — | 10x | as long as short |
| SunX AXS-USDTlong | +0.0100% | 4h | 1.0719 | long leg | $2K | $1.4M | 20x | |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0703 | −0.149% | $754 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0696 | −0.215% | $7K | $223K | 10x | as long as short |
| BloFin AXS-USDT | +0.0160% | 4h | 1.0718 | −0.009% | $277K | $28K | 75x | as long as short |
| Kraken Futures PF_AXSUSDshort | +0.0413% | 1h | 1.0713 | −0.057% | $140K | $347K | 20x |
Bitget AXSUSDT
BingX AXS-USDT
Variational Omni AXS
GRVT AXS_USDT_Perp
Orderly PERP_AXS_USDC
SoDEX AXS-USD
Extended AXS-USD
BloFin AXS-USDT