Funding arb · Price arb /

AXTI

RWAall AXTI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h —

Price spread now: Lighter against GRVT+0.063%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on GRVT Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropGRVT: Active · Lighter: Season 3 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.063% dearer against GRVT than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT AXTI_USDT_Perp	78.960	0	get 0.0000% / 8h	2h 51m	$711	$192K	10x
Short	Lighter AXTI	79.010	0.0032	get 0.0004% / 1h	51m 13s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now +0.063%Rate

Funding earned: $6.72
Price spread: +0.063% → 0.000%: $6.33
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Lighter: 0 bp × 2 orders: $0
Net: $4.05
Costs to cover: 0.090%
Break-even: 2.8 days

Slippage unknown: GRVT: live order book, 61 min ago; Lighter: no order-book sample. Net counts fees only.

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, 61 min ago	1.86 bp	24.9 bp −$25	doesn't fit	doesn't fit	doesn't fit
Sell Lighter no order-book sample	—	—	—	—	—

Lighter: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.1399%	8h	79.100	+0.177%	$1.6M	$3.3M	20x	as long as short
Aster AXTIUSDT	0.0000%	8h	79.028	+0.086%	$8K	$124K	20x	as long as short
Extended AXTI-USD	0.0000%	1h	79.020	+0.075%	$7K	$212K	10x	as long as short
Binance AXTIUSDT	0.0000%	8h	79.047	+0.110%	$8.4M	$33.2M	20x	as long as short
Bybit AXTIUSDT	0.0000%	8h	79.030	+0.089%	$1.9M	$1.3M	25x	as long as short
OKX AXTI-USDT-SWAP	0.0000%	8h	78.970	+0.013%	$2.7M	$10.3M	20x	as long as short
Gate AXTI_USDT	0.0000%	8h	79.020	+0.076%	$2.0M	$5.2M	50x	as long as short
GRVT AXTI_USDT_Perplong	0.0000%	8h	78.960	long leg	$711	$192K	10x
SunX AXTI-USDT	0.0000%	8h	78.930	−0.038%	$906	$978K	10x	as long as short
HTX AXTI-USDT	0.0000%	8h	79.020	+0.076%	$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	+0.0017%	1h	78.990	+0.038%	$1.1M	$2.0M	10x	as long as short
Lighter AXTIshort	+0.0032%	1h	79.010	+0.063%	—	—	10x
KuCoin AXTIUSDTM	+0.0100%	8h	79.020	+0.076%	$610K	$519K	20x	as long as short
Aevo AXTI-PERP	+0.0104%	1h	79.047	+0.111%	—	—	10x	as long as short