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 −0.010%

Price spread now: Aster against Binance−0.075%7-day average −0.030% · you buy dearer than you sell

Net, funding: paid 7d − costs−$179as in the Funding arb table

Net, price: spread back to 7d avg − costs−$175as in the Price arb table

costs, in and out, $10k−$1711.706% of the position

Long on Binance Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.084%−$8 on $10k

Price spread, last 4 days (all we have)−0.761%−$76 · spread now −0.075%, 7d avg −0.030%

Together, before fees−0.845%+ Points / potential airdropAster: Stage 5 · farm board−$85 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: Aster is 0.044% cheaper against Binance than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.030%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance AXTIUSDT	81.070	0	get 0.0000% / 8h	3h 58m	$8.6M	$32.9M	20x
Short	Aster AXTIUSDT	81.009	0	get 0.0000% / 8h	3h 58m	$8K	$124K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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 BinancebpFee AsterbpOrdersPrice spread, now −0.075%Rate

Funding earned: $0
Price spread: −0.075% → −0.030%: −$4.42
Slippage, 4 orders: −$152.58
Fee Binance: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$175
Costs to cover: 1.706%
Break-even: never at this rate

Slippage from Binance: live order book, 14 min ago; Aster: live order book, 58 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 Binance live order book, 14 min ago	1.23 bp	14.8 bp −$15	46.1 bp −$461	118.2 bp −$11.8K	doesn't fit
Sell Aster live order book, 58 min ago	50.72 bp	65.9 bp −$66	doesn't fit	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 AXTIUSDTshort	0.0000%	8h	81.009	−0.075%	$8K	$124K	20x
Extended AXTI-USD	0.0000%	1h	81.037	−0.041%	$7K	$211K	10x	as long as short
Binance AXTIUSDTlong	0.0000%	8h	81.070	long leg	$8.6M	$32.9M	20x
Bybit AXTIUSDT	0.0000%	8h	81.020	−0.062%	$1.9M	$1.3M	25x	as long as short
OKX AXTI-USDT-SWAP	0.0000%	8h	81.090	+0.025%	$2.7M	$10.0M	20x	as long as short
Gate AXTI_USDT	0.0000%	8h	81.030	−0.049%	$2.2M	$5.0M	50x	as long as short
Bitget AXTIUSDT	0.0000%	8h	81.080	+0.012%	$1.7M	$3.2M	20x	as long as short
GRVT AXTI_USDT_Perp	0.0000%	8h	81.200	+0.160%	$555	$182K	10x	as long as short
SunX AXTI-USDT	0.0000%	8h	81.070	0.000%	$114	$1.0M	10x	as long as short
HTX AXTI-USDT	0.0000%	8h	80.970	−0.123%	$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	80.950	−0.148%	—	—	10x	as long as short
QFEX AXTI-USD	+0.0035%	1h	81.030	−0.049%	$1.1M	$2.2M	10x	as long as short
KuCoin AXTIUSDTM	+0.0100%	8h	81.000	−0.086%	$635K	$470K	20x	as long as short
Aevo AXTI-PERP	+0.0104%	1h	81.018	−0.064%	—	—	10x	as long as short