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: SunX against Gate+0.173%7-day average +0.048% · you sell dearer than you buy

Net, funding: paid 7d − costs−$197as in the Funding arb table

Net, price: spread back to 7d avg − costs−$185as in the Price arb table

costs, in and out, $10k−$1971.971% of the position

Long on Gate Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)+0.027%+$3 · spread now +0.173%, 7d avg +0.048%

Together, before fees+0.027%+$3 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: SunX is 0.125% dearer against Gate than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.048%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate AXTI_USDT	80.830	0	get 0.0000% / 8h	3h 51m	$2.2M	$5.0M	50x
Short	SunX AXTI-USDT	80.970	0	get 0.0000% / 8h	3h 51m	$537	$1.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.173%Rate

Funding earned: $0
Price spread: +0.173% → +0.048%: $12.49
Slippage, 4 orders: −$174.09
Fee Gate: 7.5 bp × 2 orders: −$15
Fee SunX: 4 bp × 2 orders: −$8
Net: −$184.61
Costs to cover: 1.971%
Break-even: never at this rate

Slippage from Gate: live order book, 1 min ago; SunX: live order book, 1 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, 1 min ago	6.18 bp	20.5 bp −$20	40.9 bp −$409	69.7 bp −$6,970	doesn't fit
Sell SunX live order book, 1 min ago	47.56 bp	65.7 bp −$66	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 AXTIUSDT	0.0000%	8h	80.821	−0.011%	$8K	$124K	20x	as long as short
Extended AXTI-USD	0.0000%	1h	80.827	−0.004%	$7K	$207K	10x	as long as short
Binance AXTIUSDT	0.0000%	8h	80.847	+0.021%	$8.6M	$32.2M	20x	as long as short
Bybit AXTIUSDT	0.0000%	8h	80.830	0.000%	$1.9M	$1.3M	25x	as long as short
OKX AXTI-USDT-SWAP	0.0000%	8h	80.820	−0.012%	$2.8M	$10.1M	20x	as long as short
Gate AXTI_USDTlong	0.0000%	8h	80.830	long leg	$2.2M	$5.0M	50x
Bitget AXTIUSDT	0.0000%	8h	80.850	+0.025%	$1.7M	$3.2M	20x	as long as short
GRVT AXTI_USDT_Perp	0.0000%	8h	81.040	+0.260%	$335	$183K	10x	as long as short
SunX AXTI-USDTshort	0.0000%	8h	80.970	+0.173%	$537	$1.0M	10x
HTX AXTI-USDT	0.0000%	8h	80.530	−0.371%	$20K	$40K	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	+0.0005%	1h	80.920	+0.111%	$1.1M	$2.2M	10x	as long as short
Lighter AXTI	+0.0032%	1h	80.790	−0.049%	—	—	10x	as long as short
KuCoin AXTIUSDTM	+0.0100%	8h	80.820	−0.012%	$634K	$475K	20x	as long as short
Aevo AXTI-PERP	+0.0104%	1h	80.829	−0.001%	—	—	10x	as long as short