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 −0.016%

Price spread now: Binance against GRVT−0.313%49s7-day average −0.032% · you buy dearer than you sell

Net, funding: paid 7d − costs−$63as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$610.612% of the position

Long on GRVT Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.021%−$2 on $10k

Price spread, last 4 days (all we have)+0.179%+$18 · spread now −0.313%, 7d avg −0.032%

Together, before fees+0.157%+ Points / potential airdropGRVT: Active · farm board+$16 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: Binance is 0.281% cheaper against GRVT than usual: you would sell low and buy high, −$28 on $10k if it goes back to its 7-day average of −0.032%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT AXTI_USDT_Perp	79.128	0	get 0.0000% / 8h	3h 02m	$140	$189K	10x
Short	Binance AXTIUSDT	78.880	0	get 0.0000% / 8h	3h 02m	$8.4M	$32.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against GRVT. 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 GRVTbpFee BinancebpOrdersPrice spread, now −0.313%Rate

Funding earned: $0
Price spread: −0.313% → −0.032%: −$28.06
Slippage, 4 orders: −$42.22
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Binance: 5 bp × 2 orders: −$10
Net: −$89.28
Costs to cover: 0.612%
Break-even: never at this rate

Slippage from GRVT: live order book, 49 min ago; Binance: live order book, 9 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 GRVT live order book, 49 min ago	1.86 bp	24.9 bp −$25	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 9 min ago	1.26 bp	11.4 bp −$11	44.8 bp −$448	100.6 bp −$10.1K	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	−0.1018%	8h	78.970	−0.199%	$1.6M	$3.2M	20x	as long as short
Aster AXTIUSDT	0.0000%	8h	78.849	−0.353%	$7K	$124K	20x	as long as short
Extended AXTI-USD	0.0000%	1h	78.859	−0.339%	$9K	$209K	10x	as long as short
Binance AXTIUSDTshort	0.0000%	8h	78.880	−0.313%	$8.4M	$32.6M	20x
Bybit AXTIUSDT	0.0000%	8h	78.860	−0.338%	$1.8M	$1.3M	25x	as long as short
OKX AXTI-USDT-SWAP	0.0000%	8h	78.840	−0.364%	$2.7M	$10.2M	20x	as long as short
Gate AXTI_USDT	0.0000%	8h	78.860	−0.338%	$2.1M	$5.2M	50x	as long as short
GRVT AXTI_USDT_Perplong	0.0000%	8h	79.128	long leg	$140	$189K	10x
SunX AXTI-USDT	0.0000%	8h	79.040	−0.111%	$741	$978K	10x	as long as short
HTX AXTI-USDT	0.0000%	8h	79.060	−0.086%	$19K	$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	78.900	−0.288%	$1.1M	$2.0M	10x	as long as short
Lighter AXTI	+0.0032%	1h	78.820	−0.389%	—	—	10x	as long as short
KuCoin AXTIUSDTM	+0.0100%	8h	78.850	−0.351%	$618K	$515K	20x	as long as short
Aevo AXTI-PERP	+0.0104%	1h	78.854	−0.346%	—	—	10x	as long as short