Funding arb · Price arb /

AXTI

RWAall AXTI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against Aster+0.031%7-day average −0.005% · you sell dearer than you buy

Net, funding: paid 7d − costs−$172as in the Funding arb table

Net, price: spread back to 7d avg − costs−$171as in the Price arb table

costs, in and out, $10k−$1751.745% of the position

Long on Aster Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.025%+$3 on $10k

Price spread, last 4 days (all we have)−0.049%−$5 · spread now +0.031%, 7d avg −0.005%

Together, before fees−0.023%+ Points / potential airdropAster: Stage 5 · farm board−$2 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.037% dearer against Aster than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.005%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster AXTIUSDT	81.634	0	get 0.0000% / 8h	4h 50m	$8K	$124K	20x
Short	Bybit AXTIUSDT	81.660	0	get 0.0000% / 8h	4h 50m	$1.9M	$1.3M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Aster. 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 AsterbpFee BybitbpOrdersPrice spread, now +0.031%Rate

Funding earned: $0
Price spread: +0.031% → −0.005%: $3.69
Slippage, 4 orders: −$155.53
Fee Aster: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$170.85
Costs to cover: 1.745%
Break-even: never at this rate

Slippage from Aster: live order book, 5 min ago; Bybit: live order book, 1 min ago.

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 Aster live order book, 5 min ago	50.72 bp	71.2 bp −$71	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	3.06 bp	23.3 bp −$23	217.9 bp −$2,179	doesn't fit	doesn't fit

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 AXTIUSDTlong	0.0000%	8h	81.634	long leg	$8K	$124K	20x
Extended AXTI-USD	0.0000%	1h	81.658	+0.029%	$8K	$208K	10x	as long as short
Binance AXTIUSDT	0.0000%	8h	81.670	+0.044%	$9.1M	$32.8M	20x	as long as short
Bybit AXTIUSDTshort	0.0000%	8h	81.660	+0.031%	$1.9M	$1.3M	25x
OKX AXTI-USDT-SWAP	0.0000%	8h	81.660	+0.031%	$2.8M	$9.9M	20x	as long as short
Gate AXTI_USDT	0.0000%	8h	81.650	+0.019%	$2.3M	$5.0M	50x	as long as short
Bitget AXTIUSDT	0.0000%	8h	81.720	+0.105%	$1.7M	$3.2M	20x	as long as short
GRVT AXTI_USDT_Perp	0.0000%	8h	81.860	+0.276%	$698	$175K	10x	as long as short
SunX AXTI-USDT	0.0000%	8h	81.840	+0.252%	$804	$1.0M	10x	as long as short
HTX AXTI-USDT	0.0000%	8h	81.830	+0.240%	$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	−0.054%	—	—	10x	as long as short
QFEX AXTI-USD	+0.0035%	1h	81.680	+0.056%	$1.1M	$2.4M	10x	as long as short
KuCoin AXTIUSDTM	+0.0100%	8h	81.640	+0.007%	$640K	$420K	20x	as long as short
Aevo AXTI-PERP	+0.0104%	1h	81.670	+0.044%	—	—	10x	as long as short