Funding arb · Price arb /

AXTI

RWAall AXTI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.027%

Price spread now: KuCoin against Extended−0.047%7-day average −0.012% · you buy dearer than you sell

Net, funding: paid 7d − costs−$436as in the Funding arb table

Net, price: spread back to 7d avg − costs−$453as in the Price arb table

costs, in and out, $10k−$4494.491% of the position

Long on Extended Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.132%+$13 on $10k

Price spread, last 4 days (all we have)+0.177%+$18 · spread now −0.047%, 7d avg −0.012%

Together, before fees+0.309%+ Points / potential airdropExtended: Active · farm board+$31 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.035% cheaper against Extended than usual: you would sell low and buy high (spread −0.047% now, against its 7-day average of −0.012%). If the spread goes back, that is −$4 on $10k: about 28 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended AXTI-USD	78.317	0	get 0.0000% / 1h	13m 16s	$6K	$292K	10x
Short	KuCoin AXTIUSDTM	78.280	0.0100	get 0.0100% / 8h	13m 16s	$602K	$518K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.047%Rate

Funding earned: $21
Price spread: −0.047% → −0.012%: −$3.53
Slippage, 4 orders: −$432.08
Fee Extended: 2.5 bp × 2 orders: −$5
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$431.61
Costs to cover: 4.491%
Break-even: 150.9 days

Slippage from Extended: live order book, 24 min ago; KuCoin: live order book, 21 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, 24 min ago	5.11 bp	22.6 bp −$23	193.3 bp −$1,933	doesn't fit	doesn't fit
Sell KuCoin live order book, 21 min ago	25.49 bp	168.7 bp −$169	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
Bitget AXTIUSDT	−0.1628%	8h	78.400	+0.106%	$1.1M	$3.9M	20x	as long as short
Aster AXTIUSDT	0.0000%	8h	78.392	+0.096%	$7K	$124K	20x	as long as short
Extended AXTI-USDlong	0.0000%	1h	78.317	long leg	$6K	$292K	10x
Binance AXTIUSDT	0.0000%	8h	78.320	+0.004%	$8.3M	$35.5M	20x	as long as short
Bybit AXTIUSDT	0.0000%	8h	78.310	−0.009%	$1.8M	$1.4M	25x	as long as short
OKX AXTI-USDT-SWAP	0.0000%	8h	78.260	−0.073%	$2.6M	$11.6M	20x	as long as short
Gate AXTI_USDT	0.0000%	8h	78.270	−0.060%	$1.6M	$6.2M	50x	as long as short
GRVT AXTI_USDT_Perp	0.0000%	8h	78.209	−0.139%	$394	$206K	10x	as long as short
SunX AXTI-USDT	0.0000%	8h	78.260	−0.073%	$1K	$934K	10x	as long as short
HTX AXTI-USDT	0.0000%	8h	78.190	−0.162%	$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	+0.0011%	1h	78.190	−0.162%	$1.1M	$1.9M	10x	as long as short
Lighter AXTI	+0.0032%	1h	78.310	−0.009%	—	—	10x	as long as short
KuCoin AXTIUSDTMshort	+0.0100%	8h	78.280	−0.047%	$602K	$518K	20x
Aevo AXTI-PERP	+0.0104%	1h	78.326	+0.011%	—	—	10x	as long as short