Funding arb · Price arb /

AXTI

RWAall AXTI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.1350%/8h= +147.8% APRpaid last 24h +0.162%

Price spread now: Extended against Bitget+0.078%7-day average −0.045% · you sell dearer than you buy

Net, funding: paid 7d − costs−$133as in the Funding arb table

Net, price: spread back to 7d avg − costs−$122as in the Price arb table

costs, in and out, $10k−$1341.338% of the position

Long on Bitget Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.006%+$1 on $10k

Price spread, last 4 days (all we have)−0.814%−$81 · spread now +0.078%, 7d avg −0.045%

Together, before fees−0.809%+ Points / potential airdropExtended: Active · farm board−$81 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$41 a day on $10k at the current rate, and Extended is 0.123% dearer against Bitget than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.045%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.006% in total (about 0.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget AXTIUSDT	77.580	−0.1350	get 0.1350% / 8h	7h 16m	$1.2M	$3.9M	20x
Short	Extended AXTI-USD	77.641	0	get 0.0000% / 1h	16m 10s	$11K	$292K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Bitget. 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 BitgetbpFee ExtendedbpOrdersPrice spread, now +0.078%Rate

Funding earned: $283.5
Price spread: +0.078% → −0.045%: $12.29
Slippage, 4 orders: −$116.8
Fee Bitget: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $161.99
Costs to cover: 1.338%
Break-even: 3.0 days

Slippage from Bitget: live order book, 2 min ago; Extended: live order book, 16 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 Bitget live order book, 2 min ago	3.87 bp	52.1 bp −$52	58.7 bp −$587	116.8 bp −$11.7K	doesn't fit
Sell Extended live order book, 16 min ago	4.05 bp	22.7 bp −$23	192.4 bp −$1,924	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 AXTIUSDTlong	−0.1350%	8h	77.580	long leg	$1.2M	$3.9M	20x
Aster AXTIUSDT	0.0000%	8h	77.604	+0.031%	$7K	$124K	20x	as long as short
Extended AXTI-USDshort	0.0000%	1h	77.641	+0.078%	$11K	$292K	10x
Binance AXTIUSDT	0.0000%	8h	77.570	−0.013%	$8.1M	$37.4M	20x	as long as short
Bybit AXTIUSDT	0.0000%	8h	77.610	+0.039%	$1.8M	$1.5M	25x	as long as short
OKX AXTI-USDT-SWAP	0.0000%	8h	77.510	−0.090%	$2.7M	$11.8M	20x	as long as short
Gate AXTI_USDT	0.0000%	8h	77.560	−0.026%	$1.6M	$6.5M	50x	as long as short
GRVT AXTI_USDT_Perp	0.0000%	8h	77.270	−0.400%	$416	$210K	10x	as long as short
SunX AXTI-USDT	0.0000%	8h	77.590	+0.013%	$1K	$867K	10x	as long as short
HTX AXTI-USDT	0.0000%	8h	77.640	+0.077%	$19K	$33K	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	+0.0005%	1h	77.530	−0.064%	$1.1M	$1.9M	10x	as long as short
Lighter AXTI	+0.0032%	1h	77.570	−0.013%	—	—	10x	as long as short
KuCoin AXTIUSDTM	+0.0100%	8h	77.550	−0.039%	$587K	$577K	20x	as long as short
Aevo AXTI-PERP	+0.0104%	1h	77.507	−0.094%	—	—	10x	as long as short