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: Aster against Bybit+0.048%7-day average +0.005% · you sell dearer than you buy

Net, funding: paid 7d − costs−$183as in the Funding arb table

Net, price: spread back to 7d avg − costs−$176as in the Price arb table

costs, in and out, $10k−$1811.806% of the position

Long on Bybit Short on Aster

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)−0.031%−$3 · spread now +0.048%, 7d avg +0.005%

Together, before fees−0.057%+ Points / potential airdropAster: Stage 5 · farm board−$6 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 0.043% dearer against Bybit 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	Bybit AXTIUSDT	80.970	0	get 0.0000% / 8h	3h 56m	$1.9M	$1.3M	25x
Short	Aster AXTIUSDT	81.009	0	get 0.0000% / 8h	3h 56m	$8K	$124K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Bybit. 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 BybitbpFee AsterbpOrdersPrice spread, now +0.048%Rate

Funding earned: $0
Price spread: +0.048% → +0.005%: $4.29
Slippage, 4 orders: −$161.6
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Aster: 4 bp × 2 orders: −$8
Net: −$176.32
Costs to cover: 1.806%
Break-even: never at this rate

Slippage from Bybit: live order book, 5 min ago; Aster: live order book, 59 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 Bybit live order book, 5 min ago	4.32 bp	18.5 bp −$18	181.8 bp −$1,818	doesn't fit	doesn't fit
Sell Aster live order book, 59 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	+0.048%	$8K	$124K	20x
Extended AXTI-USD	0.0000%	1h	80.948	−0.027%	$7K	$207K	10x	as long as short
Binance AXTIUSDT	0.0000%	8h	80.970	0.000%	$8.6M	$32.9M	20x	as long as short
Bybit AXTIUSDTlong	0.0000%	8h	80.970	long leg	$1.9M	$1.3M	25x
OKX AXTI-USDT-SWAP	0.0000%	8h	80.970	0.000%	$2.7M	$9.9M	20x	as long as short
Gate AXTI_USDT	0.0000%	8h	80.980	+0.012%	$2.2M	$5.0M	50x	as long as short
Bitget AXTIUSDT	0.0000%	8h	81.010	+0.049%	$1.7M	$3.2M	20x	as long as short
GRVT AXTI_USDT_Perp	0.0000%	8h	81.044	+0.091%	$335	$183K	10x	as long as short
SunX AXTI-USDT	0.0000%	8h	81.030	+0.074%	$437	$1.0M	10x	as long as short
HTX AXTI-USDT	0.0000%	8h	80.970	0.000%	$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
QFEX AXTI-USD	+0.0005%	1h	81.050	+0.099%	$1.1M	$2.2M	10x	as long as short
Lighter AXTI	+0.0032%	1h	80.930	−0.049%	—	—	10x	as long as short
KuCoin AXTIUSDTM	+0.0100%	8h	80.970	0.000%	$635K	$470K	20x	as long as short
Aevo AXTI-PERP	+0.0104%	1h	81.005	+0.044%	—	—	10x	as long as short