Funding arb · Price arb /

AXTI

RWAall AXTI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0048%/8h= +5.2% APRpaid last 24h +0.008%

Price spread now: QFEX against Aster+0.165%7-day average +0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$139as in the Price arb table

costs, in and out, $10k−$1551.554% of the position

Long on Aster Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.012%+$1 on $10k

Price spread, last 4 days (all we have)−0.041%−$4 · spread now +0.165%, 7d avg +0.002%

Together, before fees−0.030%+ Points / potential airdropAster: Stage 5 · farm board−$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and QFEX is 0.163% dearer against Aster than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster AXTIUSDT	80.857	0	get 0.0000% / 8h	48m 20s	$8K	$124K	20x
Short	QFEX AXTI-USD	80.990	0.0048	get 0.0006% / 1h	48m 20s	$1.1M	$2.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now +0.165%Rate

Funding earned: $10.01
Price spread: +0.165% → +0.002%: $16.31
Slippage, 4 orders: −$137.39
Fee Aster: 4 bp × 2 orders: −$8
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$129.06
Costs to cover: 1.554%
Break-even: 97.2 days

Slippage from Aster: live order book, 28 min ago; QFEX: live order book, 4 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, 28 min ago	42.36 bp	75.4 bp −$75	doesn't fit	doesn't fit	doesn't fit
Sell QFEX live order book, 4 min ago	2.47 bp	7.9 bp −$8	19.0 bp −$190	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	80.857	long leg	$8K	$124K	20x
Extended AXTI-USD	0.0000%	1h	80.977	+0.149%	$7K	$202K	10x	as long as short
Binance AXTIUSDT	0.0000%	8h	80.994	+0.170%	$9.1M	$33.1M	20x	as long as short
Bybit AXTIUSDT	0.0000%	8h	80.980	+0.153%	$1.9M	$1.3M	25x	as long as short
OKX AXTI-USDT-SWAP	0.0000%	8h	81.000	+0.177%	$2.7M	$10.4M	20x	as long as short
Gate AXTI_USDT	0.0000%	8h	80.890	+0.041%	$2.3M	$5.3M	50x	as long as short
Bitget AXTIUSDT	0.0000%	8h	80.990	+0.165%	$1.7M	$3.4M	20x	as long as short
GRVT AXTI_USDT_Perp	0.0000%	8h	80.808	−0.061%	$81	$186K	10x	as long as short
SunX AXTI-USDT	0.0000%	8h	80.970	+0.140%	$1K	$1.1M	10x	as long as short
HTX AXTI-USDT	0.0000%	8h	80.840	−0.020%	$19K	$36K	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	80.940	+0.103%	—	—	10x	as long as short
QFEX AXTI-USDshort	+0.0048%	1h	80.990	+0.165%	$1.1M	$2.9M	10x
KuCoin AXTIUSDTM	+0.0100%	8h	80.860	+0.004%	$637K	$353K	20x	as long as short
Aevo AXTI-PERP	+0.0104%	1h	80.959	+0.127%	—	—	10x	as long as short