AXTI

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0635%/8h= +69.5% APRnext payment +$6.35 per $10,000 · paid last 24h +0.014%

Price spread now: KuCoin against GRVT−0.065%7-day average −0.079% · you buy dearer than you sell

Net, funding: paid 7d − costs−$428as in the Funding arb table

Net, price: spread back to 7d avg − costs−$437as in the Price arb table

costs, in and out, $10k−$4384.383% of the position

Long on GRVT Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.100%+$10 on $10k

Price spread, last 4 days (all we have)−0.566%−$57 · spread now −0.065%, 7d avg −0.079%

Together, before fees−0.466%+ Points / potential airdropGRVT: Active · farm board−$47 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.079%, so right now this pair is about funding alone: +$19 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.100% in total (about 5.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.35 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT AXTI_USDT_Perp	77.671	−0.0535	get 0.0535% / 8h	7h 42m	$908	$210K	10x
Short	KuCoin AXTIUSDTM	77.620	0.0100	get 0.0100% / 8h	7h 42m	$590K	$547K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.065%Rate

Funding earned: $133.35
Price spread: −0.065% → −0.079%: $1.41
Slippage, 4 orders: −$417.3
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$303.54
Costs to cover: 4.383%
Break-even: 22.9 days

Slippage from GRVT: live order book, 54 min ago; KuCoin: live order book, 51 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, 54 min ago	4.47 bp	15.8 bp −$16	56.3 bp −$563	doesn't fit	doesn't fit
Sell KuCoin live order book, 51 min ago	25.49 bp	168.7 bp −$169	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
Bitget AXTIUSDT	−0.1577%	8h	77.560	−0.143%	$1.1M	$3.9M	20x	as long as short
GRVT AXTI_USDT_Perplong	−0.0535%	8h	77.671	long leg	$908	$210K	10x
Bybit AXTIUSDT	−0.0001%	8h	77.600	−0.091%	$1.8M	$1.4M	25x	as long as short
Aster AXTIUSDT	0.0000%	8h	77.610	−0.078%	$7K	$124K	20x	as long as short
Extended AXTI-USD	0.0000%	1h	77.561	−0.142%	$6K	$286K	10x	as long as short
Binance AXTIUSDT	0.0000%	8h	77.570	−0.129%	$8.3M	$35.8M	20x	as long as short
OKX AXTI-USDT-SWAP	0.0000%	8h	77.420	−0.323%	$2.6M	$11.5M	20x	as long as short
Gate AXTI_USDT	0.0000%	8h	77.560	−0.143%	$1.6M	$6.3M	50x	as long as short
SunX AXTI-USDT	0.0000%	8h	77.450	−0.284%	$1K	$881K	10x	as long as short
HTX AXTI-USDT	0.0000%	8h	77.540	−0.168%	$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	+0.0005%	1h	77.610	−0.078%	$1.1M	$1.9M	10x	as long as short
Lighter AXTI	+0.0032%	1h	77.570	−0.130%	—	—	10x	as long as short
KuCoin AXTIUSDTMshort	+0.0100%	8h	77.620	−0.065%	$590K	$547K	20x
Aevo AXTI-PERP	+0.0104%	1h	77.577	−0.121%	—	—	10x	as long as short