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 −0.026%

Price spread now: OKX against GRVT+0.060%51s7-day average −0.067% · you sell dearer than you buy

Net, funding: paid 7d − costs−$91as 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−$840.836% of the position

Long on GRVT Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.077%−$8 on $10k

Price spread, last 4 days (all we have)−0.793%−$79 · spread now +0.060%, 7d avg −0.067%

Together, before fees−0.870%+ Points / potential airdropGRVT: Active · farm board−$87 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: OKX is 0.127% dearer against GRVT than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.067%. The two prices were read 51 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	81.651	0	get 0.0000% / 8h	5h 08m	$431	$174K	10x
Short	OKX AXTI-USDT-SWAP	81.700	0	get 0.0000% / 8h	5h 08m	$2.8M	$9.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.060%Rate

Funding earned: $0
Price spread: +0.060% → −0.067%: $12.71
Slippage, 4 orders: −$64.62
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee OKX: 5 bp × 2 orders: −$10
Net: −$70.91
Costs to cover: 0.836%
Break-even: never at this rate

Slippage from GRVT: live order book, 53 min ago; OKX: live order book, 4 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, 53 min ago	3.70 bp	25.8 bp −$26	38.5 bp −$385	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	1.84 bp	17.8 bp −$18	54.6 bp −$546	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	81.624	−0.033%	$8K	$124K	20x	as long as short
Extended AXTI-USD	0.0000%	1h	81.668	+0.022%	$7K	$206K	10x	as long as short
Binance AXTIUSDT	0.0000%	8h	81.699	+0.059%	$9.1M	$32.9M	20x	as long as short
Bybit AXTIUSDT	0.0000%	8h	81.710	+0.073%	$1.9M	$1.3M	25x	as long as short
OKX AXTI-USDT-SWAPshort	0.0000%	8h	81.700	+0.060%	$2.8M	$9.9M	20x
Gate AXTI_USDT	0.0000%	8h	81.640	−0.013%	$2.3M	$5.0M	50x	as long as short
Bitget AXTIUSDT	0.0000%	8h	81.700	+0.060%	$1.7M	$3.2M	20x	as long as short
GRVT AXTI_USDT_Perplong	0.0000%	8h	81.651	long leg	$431	$174K	10x
SunX AXTI-USDT	0.0000%	8h	81.640	−0.013%	$889	$1.0M	10x	as long as short
HTX AXTI-USDT	0.0000%	8h	81.730	+0.097%	$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	+0.0024%	1h	81.660	+0.011%	$1.1M	$2.4M	10x	as long as short
Lighter AXTI	+0.0032%	1h	81.620	−0.038%	—	—	10x	as long as short
KuCoin AXTIUSDTM	+0.0100%	8h	81.600	−0.062%	$640K	$400K	20x	as long as short
Aevo AXTI-PERP	+0.0104%	1h	81.651	+0.001%	—	—	10x	as long as short