Settings8H · net · $10k
Funding arb · Price arb /

AXTI

RWAall AXTI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bybit−0.052%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$960.958% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.020%−$2 on $10k
Price spread, last 7 days+0.134%+$13 · spread now −0.052%, 7d avg −0.006%
Together, before fees+0.114%+$11 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: Gate is 0.045% cheaper against Bybit than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit AXTIUSDT77.5600get 0.0000% / 8h7h 12m$1.8M$1.5M25x
ShortGate AXTI_USDT77.5200get 0.0000% / 8h7h 12m$1.6M$6.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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

Funding earned
$0
Price spread: −0.052% → −0.006%
−$4.51
Slippage, 4 orders
−$69.76
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$100.28
Costs to cover
0.958%
Break-even
never at this rate
Slippage from Bybit: live order book, 4 min ago; Gate: live order book, just now.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 4 min ago5.80 bp18.5 bp −$19160.5 bp −$1,605doesn't fitdoesn't fit
Sell Gate live order book, just now5.16 bp34.4 bp −$3463.5 bp −$635105.0 bp −$10.5Kdoesn't fit

AXTI on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AXTIUSDT−0.1319%8h77.630+0.090%$1.2M$3.9M20xas long as short
Aster AXTIUSDT0.0000%8h77.529−0.041%$7K$124K20xas long as short
Extended AXTI-USD0.0000%1h77.478−0.105%$10K$291K10xas long as short
Binance AXTIUSDT0.0000%8h77.558−0.003%$8.1M$37.4M20xas long as short
Bybit AXTIUSDTlong0.0000%8h77.560long leg$1.8M$1.5M25x
OKX AXTI-USDT-SWAP0.0000%8h77.590+0.039%$2.6M$11.8M20xas long as short
Gate AXTI_USDTshort0.0000%8h77.520−0.052%$1.6M$6.5M50x
GRVT AXTI_USDT_Perp0.0000%8h77.593+0.043%$203$211K10xas long as short
SunX AXTI-USDT0.0000%8h77.650+0.116%$858$862K10xas long as short
HTX AXTI-USDT0.0000%8h77.640+0.103%$19K$33K20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX AXTI-USD+0.0005%1h77.740+0.232%$1.1M$1.9M10xas long as short
Lighter AXTI+0.0032%1h77.470−0.116%10xas long as short
KuCoin AXTIUSDTM+0.0100%8h77.420−0.181%$583K$581K20xas long as short
Aevo AXTI-PERP+0.0104%1h77.493−0.087%10xas long as short