Funding arb · Price arb /

AXTI

RWAall AXTI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.019%

Price spread now: OKX against Extended−0.042%7-day average −0.010% · you buy dearer than you sell

Net, funding: paid 7d − costs−$68as in the Funding arb table

Net, price: spread back to 7d avg − costs−$68as in the Price arb table

costs, in and out, $10k−$640.644% of the position

Long on Extended Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.040%−$4 on $10k

Price spread, last 4 days (all we have)+0.081%+$8 · spread now −0.042%, 7d avg −0.010%

Together, before fees+0.041%+ Points / potential airdropExtended: Active · farm board+$4 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: OKX is 0.031% cheaper against Extended than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.010%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended AXTI-USD	80.334	0	get 0.0000% / 1h	14m 34s	$7K	$202K	10x
Short	OKX AXTI-USDT-SWAP	80.300	0	get 0.0000% / 8h	1h 14m	$2.7M	$10.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.042%Rate

Funding earned: $0
Price spread: −0.042% → −0.010%: −$3.13
Slippage, 4 orders: −$49.43
Fee Extended: 2.5 bp × 2 orders: −$5
Fee OKX: 5 bp × 2 orders: −$10
Net: −$67.56
Costs to cover: 0.644%
Break-even: never at this rate

Slippage from Extended: live order book, 2 min ago; OKX: live order book, 4 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, 2 min ago	3.49 bp	19.0 bp −$19	131.9 bp −$1,319	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	3.11 bp	12.9 bp −$13	57.3 bp −$573	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 AXTIUSDT	0.0000%	8h	80.260	−0.091%	$8K	$124K	20x	as long as short
Extended AXTI-USDlong	0.0000%	1h	80.334	long leg	$7K	$202K	10x
Binance AXTIUSDT	0.0000%	8h	80.300	−0.042%	$9.1M	$33.1M	20x	as long as short
Bybit AXTIUSDT	0.0000%	8h	80.310	−0.029%	$1.9M	$1.3M	25x	as long as short
OKX AXTI-USDT-SWAPshort	0.0000%	8h	80.300	−0.042%	$2.7M	$10.3M	20x
Gate AXTI_USDT	0.0000%	8h	80.250	−0.104%	$2.2M	$5.3M	50x	as long as short
Bitget AXTIUSDT	0.0000%	8h	80.370	+0.045%	$1.7M	$3.4M	20x	as long as short
GRVT AXTI_USDT_Perp	0.0000%	8h	80.300	−0.042%	$117	$192K	10x	as long as short
SunX AXTI-USDT	0.0000%	8h	80.320	−0.017%	$832	$1.1M	10x	as long as short
HTX AXTI-USDT	0.0000%	8h	80.270	−0.079%	$19K	$36K	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	+0.0004%	1h	80.280	−0.067%	$1.1M	$2.8M	10x	as long as short
Lighter AXTI	+0.0032%	1h	80.290	−0.054%	—	—	10x	as long as short
KuCoin AXTIUSDTM	+0.0100%	8h	80.310	−0.029%	$623K	$350K	20x	as long as short
Aevo AXTI-PERP	+0.0104%	1h	80.244	−0.111%	—	—	10x	as long as short