Funding arb · Price arb /

AXTI

RWAall AXTI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.017%

Price spread now: Extended against GRVT+0.072%7-day average −0.057% · you sell dearer than you buy

Net, funding: paid 7d − costs−$104as in the Funding arb table

Net, price: spread back to 7d avg − costs−$90as in the Price arb table

costs, in and out, $10k−$1031.030% of the position

Long on GRVT Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.008%−$1 on $10k

Price spread, last 3 days (all we have)−0.369%−$37 · spread now +0.072%, 7d avg −0.057%

Together, before fees−0.376%+ Points / potential airdropGRVT: Active · Extended: Active · farm board−$38 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: Extended is 0.129% dearer against GRVT than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.057%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT AXTI_USDT_Perp	80.890	0	get 0.0000% / 8h	47m 05s	$81	$186K	10x
Short	Extended AXTI-USD	80.948	0	get 0.0000% / 1h	47m 05s	$7K	$202K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.072%Rate

Funding earned: $0
Price spread: +0.072% → −0.057%: $12.89
Slippage, 4 orders: −$89.01
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$90.12
Costs to cover: 1.030%
Break-even: never at this rate

Slippage from GRVT: live order book, 30 min ago; Extended: live order book, 30 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, 30 min ago	5.60 bp	16.9 bp −$17	40.9 bp −$409	doesn't fit	doesn't fit
Sell Extended live order book, 30 min ago	3.49 bp	20.2 bp −$20	239.3 bp −$2,393	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	80.784	−0.130%	$8K	$124K	20x	as long as short
Extended AXTI-USDshort	0.0000%	1h	80.948	+0.072%	$7K	$202K	10x
Binance AXTIUSDT	0.0000%	8h	80.958	+0.085%	$9.1M	$33.2M	20x	as long as short
Bybit AXTIUSDT	0.0000%	8h	80.940	+0.062%	$1.9M	$1.3M	25x	as long as short
OKX AXTI-USDT-SWAP	0.0000%	8h	81.000	+0.136%	$2.7M	$10.4M	20x	as long as short
Gate AXTI_USDT	0.0000%	8h	80.880	−0.012%	$2.3M	$5.3M	50x	as long as short
Bitget AXTIUSDT	0.0000%	8h	81.010	+0.149%	$1.7M	$3.4M	20x	as long as short
GRVT AXTI_USDT_Perplong	0.0000%	8h	80.890	long leg	$81	$186K	10x
SunX AXTI-USDT	0.0000%	8h	81.030	+0.174%	$976	$1.1M	10x	as long as short
HTX AXTI-USDT	0.0000%	8h	80.970	+0.099%	$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
Lighter AXTI	+0.0032%	1h	80.870	−0.024%	—	—	10x	as long as short
QFEX AXTI-USD	+0.0048%	1h	81.010	+0.149%	$1.1M	$2.9M	10x	as long as short
KuCoin AXTIUSDTM	+0.0100%	8h	80.870	−0.024%	$638K	$354K	20x	as long as short
Aevo AXTI-PERP	+0.0104%	1h	80.913	+0.029%	—	—	10x	as long as short