Funding arb · Price arb /

AXTI

RWAall AXTI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.027%

Price spread now: Extended against KuCoin−0.021%7-day average +0.012% · you buy dearer than you sell

Net, funding: paid 7d − costs−$462as in the Funding arb table

Net, price: spread back to 7d avg − costs−$452as in the Price arb table

costs, in and out, $10k−$4494.491% of the position

Long on KuCoin Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.132%−$13 on $10k

Price spread, last 4 days (all we have)−0.109%−$11 · spread now −0.021%, 7d avg +0.012%

Together, before fees−0.240%+ Points / potential airdropExtended: Active · farm board−$24 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Extended is 0.033% cheaper against KuCoin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.012%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin AXTIUSDTM	78.220	0.0100	pay 0.0100% / 8h	12m 21s	$601K	$519K	20x
Short	Extended AXTI-USD	78.203	0	get 0.0000% / 1h	12m 21s	$6K	$292K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against KuCoin. 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 KuCoinbpFee ExtendedbpOrdersPrice spread, now −0.021%Rate

Funding earned: −$21
Price spread: −0.021% → +0.012%: −$3.3
Slippage, 4 orders: −$432.08
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$473.38
Costs to cover: 4.491%
Break-even: never at this rate

Slippage from KuCoin: live order book, 22 min ago; Extended: live order book, 25 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 KuCoin live order book, 22 min ago	25.49 bp	236.7 bp −$237	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 25 min ago	5.11 bp	21.1 bp −$21	206.1 bp −$2,061	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	−0.1623%	8h	78.310	+0.115%	$1.1M	$3.9M	20x	as long as short
Aster AXTIUSDT	0.0000%	8h	78.354	+0.171%	$7K	$124K	20x	as long as short
Extended AXTI-USDshort	0.0000%	1h	78.203	−0.021%	$6K	$292K	10x
Binance AXTIUSDT	0.0000%	8h	78.229	+0.011%	$8.3M	$35.5M	20x	as long as short
Bybit AXTIUSDT	0.0000%	8h	78.270	+0.064%	$1.8M	$1.4M	25x	as long as short
OKX AXTI-USDT-SWAP	0.0000%	8h	78.140	−0.102%	$2.6M	$11.6M	20x	as long as short
Gate AXTI_USDT	0.0000%	8h	78.250	+0.038%	$1.6M	$6.2M	50x	as long as short
GRVT AXTI_USDT_Perp	0.0000%	8h	78.209	−0.015%	$394	$206K	10x	as long as short
SunX AXTI-USDT	0.0000%	8h	78.260	+0.051%	$1K	$934K	10x	as long as short
HTX AXTI-USDT	0.0000%	8h	78.190	−0.038%	$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	+0.0011%	1h	78.250	+0.038%	$1.1M	$1.9M	10x	as long as short
Lighter AXTI	+0.0032%	1h	78.310	+0.115%	—	—	10x	as long as short
KuCoin AXTIUSDTMlong	+0.0100%	8h	78.220	long leg	$601K	$519K	20x
Aevo AXTI-PERP	+0.0104%	1h	78.281	+0.078%	—	—	10x	as long as short