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: OKX against Gate+0.038%7-day average −0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$100as in the Funding arb table

Net, price: spread back to 7d avg − costs−$99as in the Price arb table

costs, in and out, $10k−$1031.028% of the position

Long on Gate Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.029%+$3 on $10k

Price spread, last 7 days−0.098%−$10 · spread now +0.038%, 7d avg −0.003%

Together, before fees−0.069%−$7 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 0.041% dearer against Gate than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.003%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate AXTI_USDT	78.470	0	get 0.0000% / 8h	37m 50s	$1.6M	$6.2M	50x
Short	OKX AXTI-USDT-SWAP	78.500	0	get 0.0000% / 8h	37m 50s	$2.6M	$11.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Gate. 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 GatebpFee OKXbpOrdersPrice spread, now +0.038%Rate

Funding earned: $0
Price spread: +0.038% → −0.003%: $4.15
Slippage, 4 orders: −$77.85
Fee Gate: 7.5 bp × 2 orders: −$15
Fee OKX: 5 bp × 2 orders: −$10
Net: −$98.7
Costs to cover: 1.028%
Break-even: never at this rate

Slippage from Gate: live order book, just now; OKX: live order book, 5 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 Gate live order book, just now	4.46 bp	14.6 bp −$15	45.6 bp −$456	73.6 bp −$7,365	doesn't fit
Sell OKX live order book, 5 min ago	3.18 bp	17.0 bp −$17	55.0 bp −$550	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	−0.1751%	8h	78.490	+0.025%	$1.1M	$3.8M	20x	as long as short
Aster AXTIUSDT	0.0000%	8h	78.367	−0.132%	$7K	$124K	20x	as long as short
Extended AXTI-USD	0.0000%	1h	78.433	−0.047%	$7K	$295K	10x	as long as short
Binance AXTIUSDT	0.0000%	8h	78.457	−0.016%	$8.3M	$35.4M	20x	as long as short
Bybit AXTIUSDT	0.0000%	8h	78.420	−0.064%	$1.8M	$1.4M	25x	as long as short
OKX AXTI-USDT-SWAPshort	0.0000%	8h	78.500	+0.038%	$2.6M	$11.5M	20x
Gate AXTI_USDTlong	0.0000%	8h	78.470	long leg	$1.6M	$6.2M	50x
GRVT AXTI_USDT_Perp	0.0000%	8h	78.540	+0.089%	$156	$205K	10x	as long as short
SunX AXTI-USDT	0.0000%	8h	78.510	+0.051%	$1K	$936K	10x	as long as short
HTX AXTI-USDT	0.0000%	8h	78.470	0.000%	$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	78.490	+0.025%	$1.1M	$1.9M	10x	as long as short
Lighter AXTI	+0.0032%	1h	78.450	−0.025%	—	—	10x	as long as short
KuCoin AXTIUSDTM	+0.0100%	8h	78.410	−0.076%	$604K	$496K	20x	as long as short
Aevo AXTI-PERP	+0.0104%	1h	78.457	−0.017%	—	—	10x	as long as short