Funding arb · Price arb /

AXTI

RWAall AXTI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h —

Price spread now: Binance against Aevo−0.129%48s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aevo Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.129% cheaper against Aevo than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 48 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	Aevo AXTI-PERP	78.454	0.0104	pay 0.0013% / 1h	35m 39s	—	—	10x
Short	Binance AXTIUSDT	78.353	0	get 0.0000% / 8h	2h 35m	$8.3M	$33.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Aevo. 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

Position, each leg$Hold fordaysFee AevobpFee BinancebpOrdersPrice spread, now −0.129%Rate

Funding earned: −$21.84
Price spread: −0.129% → 0.000%: −$12.86
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Binance: 5 bp × 2 orders: −$10
Net: −$60.7
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Binance: live order book, 6 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 Aevo no order-book sample	—	—	—	—	—
Sell Binance live order book, 6 min ago	0.64 bp	17.8 bp −$18	41.0 bp −$410	83.5 bp −$8,348	doesn't fit

Aevo: 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.

AXTI on 14 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
Bitget AXTIUSDT	−0.1792%	8h	78.450	−0.005%	$1.6M	$3.3M	20x	as long as short
Aster AXTIUSDT	0.0000%	8h	78.317	−0.175%	$7K	$124K	20x	as long as short
Extended AXTI-USD	0.0000%	1h	78.343	−0.141%	$7K	$207K	10x	as long as short
Binance AXTIUSDTshort	0.0000%	8h	78.353	−0.129%	$8.3M	$33.7M	20x
Bybit AXTIUSDT	0.0000%	8h	78.360	−0.119%	$1.8M	$1.3M	25x	as long as short
OKX AXTI-USDT-SWAP	0.0000%	8h	78.330	−0.158%	$2.6M	$10.5M	20x	as long as short
Gate AXTI_USDT	0.0000%	8h	78.390	−0.081%	$1.7M	$5.7M	50x	as long as short
GRVT AXTI_USDT_Perp	0.0000%	8h	78.420	−0.042%	$189	$191K	10x	as long as short
SunX AXTI-USDT	0.0000%	8h	78.440	−0.017%	$992	$976K	10x	as long as short
HTX AXTI-USDT	0.0000%	8h	78.370	−0.107%	$19K	$40K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX AXTI-USD	+0.0017%	1h	78.340	−0.145%	$1.1M	$2.0M	10x	as long as short
Lighter AXTI	+0.0032%	1h	78.310	−0.183%	—	—	10x	as long as short
KuCoin AXTIUSDTM	+0.0100%	8h	78.340	−0.145%	$605K	$518K	20x	as long as short
Aevo AXTI-PERPlong	+0.0104%	1h	78.454	long leg	—	—	10x