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: OKX against Binance−0.069%7-day average −0.045% · you buy dearer than you sell

Net, funding: paid 7d − costs−$59as in the Funding arb table

Net, price: spread back to 7d avg − costs−$56as in the Price arb table

costs, in and out, $10k−$540.536% of the position

Long on Binance Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.055%−$6 on $10k

Price spread, last 7 days+0.063%+$6 · spread now −0.069%, 7d avg −0.045%

Together, before fees+0.008%+$1 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: OKX is 0.024% cheaper against Binance than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.045%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance AXTIUSDT	78.164	0	get 0.0000% / 8h	1h 54m	$8.4M	$34.5M	20x
Short	OKX AXTI-USDT-SWAP	78.110	0	get 0.0000% / 8h	1h 54m	$2.7M	$10.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.069%Rate

Funding earned: $0
Price spread: −0.069% → −0.045%: −$2.37
Slippage, 4 orders: −$33.57
Fee Binance: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$55.94
Costs to cover: 0.536%
Break-even: never at this rate

Slippage from Binance: live order book, 2 min ago; OKX: live order book, 3 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, 2 min ago	1.28 bp	15.6 bp −$16	54.6 bp −$546	132.2 bp −$13.2K	doesn't fit
Sell OKX live order book, 3 min ago	1.91 bp	11.2 bp −$11	27.6 bp −$276	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
Bitget AXTIUSDT	−0.2055%	8h	78.270	+0.136%	$1.4M	$3.5M	20x	as long as short
Aster AXTIUSDT	0.0000%	8h	78.137	−0.034%	$7K	$124K	20x	as long as short
Extended AXTI-USD	0.0000%	1h	78.150	−0.018%	$7K	$212K	10x	as long as short
Binance AXTIUSDTlong	0.0000%	8h	78.164	long leg	$8.4M	$34.5M	20x
Bybit AXTIUSDT	0.0000%	8h	78.140	−0.030%	$1.8M	$1.3M	25x	as long as short
OKX AXTI-USDT-SWAPshort	0.0000%	8h	78.110	−0.069%	$2.7M	$10.9M	20x
Gate AXTI_USDT	0.0000%	8h	78.130	−0.043%	$1.7M	$5.8M	50x	as long as short
GRVT AXTI_USDT_Perp	0.0000%	8h	78.310	+0.186%	$658	$197K	10x	as long as short
SunX AXTI-USDT	0.0000%	8h	78.350	+0.238%	$1K	$956K	10x	as long as short
HTX AXTI-USDT	0.0000%	8h	78.160	−0.005%	$19K	$44K	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	+0.0025%	1h	78.220	+0.072%	$1.1M	$1.9M	10x	as long as short
Lighter AXTI	+0.0032%	1h	78.120	−0.056%	—	—	10x	as long as short
KuCoin AXTIUSDTM	+0.0100%	8h	78.150	−0.018%	$604K	$520K	20x	as long as short
Aevo AXTI-PERP	+0.0104%	1h	78.158	−0.007%	—	—	10x	as long as short