Settings8H · net · $10k
Funding arb · Price arb /

AXS

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0338%/8h= −37.1% APRpaid last 24h −0.028%
Price spread now: Kraken Futures against Variational Omni−0.025%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno 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 −$10 a day on $10k at the current rate, and Kraken Futures is 0.025% cheaper against Variational Omni than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni AXS1.08220.0100pay 0.0100% / 8h19m 51s$37K$4K
ShortKraken Futures PF_AXSUSD1.0819−0.0238pay 0.0030% / 1h19m 51s$141K$314K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Variational Omni. 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

Funding earned
−$71.06
Price spread: −0.025% → 0.000%
−$2.5
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$83.56
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Variational Omni: no order-book sample; Kraken Futures: live order book, 58 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni no order-book sample
Sell Kraken Futures live order book, 58 min ago3.76 bp21.3 bp −$2168.2 bp −$682doesn't fitdoesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_AXSUSDshort−0.0238%1h1.0819−0.025%$141K$314K20x
Injective AXS/USDC PERP+0.0033%1h1.0720−0.943%$5$47K5.5xas long as short
BloFin AXS-USDT+0.0075%4h1.0800−0.204%$274K$17K75xas long as short
Orderly PERP_AXS_USDC+0.0080%4h1.0810−0.111%$3K10xas long as short
Lighter AXS+0.0096%1h1.0832+0.092%$29K$36K5xas long as short
Hyperliquid AXS+0.0100%1h1.0812−0.093%$266K$300K5xas long as short
Aster AXSUSDT+0.0100%4h1.0810−0.111%$74K$12K10xas long as short
Binance AXSUSDT+0.0100%4h1.0805−0.157%$6.1M$9.6M75xas long as short
Bybit AXSUSDT+0.0100%8h1.0821−0.010%$3.7M$4.0M75xas long as short
OKX AXS-USDT-SWAP+0.0100%4h1.0807−0.139%$1.4M$2.9M20xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate AXS_USDT+0.0100%8h1.0813−0.084%$973K$1.0M50xas long as short
MEXC AXS_USDT+0.0100%4h1.0797−0.231%$11.5M$750K50xas long as short
KuCoin AXSUSDTM+0.0100%4h1.0800−0.204%$612K$307K50xas long as short
Bitget AXSUSDT+0.0100%4h1.0810−0.111%$3.2M$1.2M50xas long as short
BingX AXS-USDT+0.0100%4h1.0813−0.084%$2.6Mas long as short
Variational Omni AXSlong+0.0100%8h1.0822long leg$37K$4K
GRVT AXS_USDT_Perp+0.0100%4h1.0781−0.376%$770K$892K10xas long as short
SunX AXS-USDT+0.0100%4h1.0808−0.130%$2K$1.3M20xas long as short
SoDEX AXS-USD+0.0100%1h1.0805−0.157%$710$3K5xas long as short
Extended AXS-USD+0.0104%1h1.0802−0.184%$7K$156K10xas long as short