Funding arb · Price arb /

AXTI

RWAall AXTI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h —

Price spread now: Bybit against Aevo+0.026%7-day average — · you sell dearer than you buy

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

Long on Aevo Short on Bybit

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

The price spread pays, funding is against you. Bybit is 0.026% dearer against Aevo than usual: you sell high and buy low (spread +0.026% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 20 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo AXTI-PERP	81.669	0.0104	pay 0.0013% / 1h	44m 52s	—	—	10x
Short	Bybit AXTIUSDT	81.690	0	get 0.0000% / 8h	4h 44m	$1.9M	$1.3M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Aevo. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 BybitbpOrdersPrice spread, now +0.026%Rate

Funding earned: −$21.84
Price spread: +0.026% → 0.000%: $2.55
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$46.29
Costs to cover: 0.270%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Bybit: live order book, 2 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 Bybit live order book, 2 min ago	4.28 bp	21.5 bp −$22	246.7 bp −$2,467	doesn't fit	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
Aster AXTIUSDT	0.0000%	8h	81.654	−0.019%	$8K	$124K	20x	as long as short
Extended AXTI-USD	0.0000%	1h	81.679	+0.012%	$8K	$208K	10x	as long as short
Binance AXTIUSDT	0.0000%	8h	81.740	+0.087%	$9.1M	$32.8M	20x	as long as short
Bybit AXTIUSDTshort	0.0000%	8h	81.690	+0.026%	$1.9M	$1.3M	25x
OKX AXTI-USDT-SWAP	0.0000%	8h	81.720	+0.062%	$2.8M	$9.9M	20x	as long as short
Gate AXTI_USDT	0.0000%	8h	81.670	+0.001%	$2.3M	$5.0M	50x	as long as short
Bitget AXTIUSDT	0.0000%	8h	81.700	+0.038%	$1.7M	$3.2M	20x	as long as short
GRVT AXTI_USDT_Perp	0.0000%	8h	81.673	+0.005%	$267	$176K	10x	as long as short
SunX AXTI-USDT	0.0000%	8h	81.690	+0.026%	$802	$1.0M	10x	as long as short
HTX AXTI-USDT	0.0000%	8h	81.690	+0.026%	$20K	$40K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter AXTI	+0.0032%	1h	81.590	−0.097%	—	—	10x	as long as short
QFEX AXTI-USD	+0.0035%	1h	81.640	−0.036%	$1.1M	$2.3M	10x	as long as short
KuCoin AXTIUSDTM	+0.0100%	8h	81.630	−0.048%	$640K	$426K	20x	as long as short
Aevo AXTI-PERPlong	+0.0104%	1h	81.669	long leg	—	—	10x