Funding arb · Price arb /

AXTI

RWAall AXTI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0024%/8h= −2.6% APRpaid last 24h −0.011%

Price spread now: Aster against Extended−0.076%7-day average +0.013% · you buy dearer than you sell

Net, funding: paid 7d − costs−$182as in the Funding arb table

Net, price: spread back to 7d avg − costs−$182as in the Price arb table

costs, in and out, $10k−$1741.735% of the position

Long on Extended Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.085%−$9 on $10k

Price spread, last 4 days (all we have)+0.123%+$12 · spread now −0.076%, 7d avg +0.013%

Together, before fees+0.038%+ Points / potential airdropExtended: Active · Aster: Stage 5 · farm board+$4 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.089% cheaper against Extended than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.013%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended AXTI-USD	81.268	0.0024	pay 0.0003% / 1h	39m 16s	$9K	$207K	10x
Short	Aster AXTIUSDT	81.207	0	get 0.0000% / 8h	5h 39m	$8K	$124K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Extended. 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 ExtendedbpFee AsterbpOrdersPrice spread, now −0.076%Rate

Funding earned: −$5.04
Price spread: −0.076% → +0.013%: −$8.89
Slippage, 4 orders: −$160.51
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Aster: 4 bp × 2 orders: −$8
Net: −$187.44
Costs to cover: 1.735%
Break-even: never at this rate

Slippage from Extended: live order book, 22 min ago; Aster: live order book, 22 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 Extended live order book, 22 min ago	5.24 bp	21.6 bp −$22	201.8 bp −$2,018	doesn't fit	doesn't fit
Sell Aster live order book, 22 min ago	49.33 bp	61.8 bp −$62	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	81.207	−0.076%	$8K	$124K	20x
Bybit AXTIUSDT	0.0000%	8h	81.280	+0.014%	$1.9M	$1.3M	25x	as long as short
OKX AXTI-USDT-SWAP	0.0000%	8h	81.260	−0.010%	$2.8M	$9.9M	20x	as long as short
Gate AXTI_USDT	0.0000%	8h	81.250	−0.023%	$2.2M	$5.0M	50x	as long as short
Bitget AXTIUSDT	0.0000%	8h	81.300	+0.039%	$1.7M	$3.2M	20x	as long as short
GRVT AXTI_USDT_Perp	0.0000%	8h	81.190	−0.097%	$681	$172K	10x	as long as short
SunX AXTI-USDT	0.0000%	8h	81.240	−0.035%	$997	$1.0M	10x	as long as short
HTX AXTI-USDT	0.0000%	8h	81.270	+0.002%	$20K	$40K	20x	as long as short
Binance AXTIUSDT	+0.0020%	8h	81.291	+0.028%	$9.1M	$32.9M	20x	as long as short
QFEX AXTI-USD	+0.0024%	1h	81.260	−0.010%	$1.1M	$2.6M	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended AXTI-USDlong	+0.0024%	1h	81.268	long leg	$9K	$207K	10x
Lighter AXTI	+0.0032%	1h	81.150	−0.146%	—	—	10x	as long as short
KuCoin AXTIUSDTM	+0.0100%	8h	81.210	−0.072%	$637K	$383K	20x	as long as short
Aevo AXTI-PERP	+0.0104%	1h	81.262	−0.008%	—	—	10x	as long as short