Funding arb · Price arb /

AXTI

RWAall AXTI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0068%/8h= −7.4% APRpaid last 24h —

Price spread now: Lighter against KuCoin−0.039%7-day average — · you buy dearer than you sell

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

Long on KuCoin 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 airdropLighter: Season 3 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Lighter is 0.039% cheaper against KuCoin than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin AXTIUSDTM	77.790	0.0100	pay 0.0100% / 8h	1h 40m	$600K	$515K	20x
Short	Lighter AXTI	77.760	0.0032	get 0.0004% / 1h	40m 54s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now −0.039%Rate

Funding earned: −$14.28
Price spread: −0.039% → 0.000%: −$3.86
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Lighter: 0 bp × 2 orders: $0
Net: −$30.14
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 3 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 KuCoin live order book, 3 min ago	23.74 bp	198.2 bp −$198	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	−0.2127%	8h	77.910	+0.154%	$1.3M	$3.6M	20x	as long as short
Aster AXTIUSDT	0.0000%	8h	77.787	−0.004%	$7K	$124K	20x	as long as short
Extended AXTI-USD	0.0000%	1h	77.794	+0.005%	$7K	$212K	10x	as long as short
Binance AXTIUSDT	0.0000%	8h	77.820	+0.039%	$8.3M	$34.6M	20x	as long as short
Bybit AXTIUSDT	0.0000%	8h	77.800	+0.013%	$1.8M	$1.3M	25x	as long as short
OKX AXTI-USDT-SWAP	0.0000%	8h	77.760	−0.039%	$2.7M	$10.8M	20x	as long as short
Gate AXTI_USDT	0.0000%	8h	77.780	−0.013%	$1.7M	$5.8M	50x	as long as short
GRVT AXTI_USDT_Perp	0.0000%	8h	78.039	+0.320%	$142	$199K	10x	as long as short
SunX AXTI-USDT	0.0000%	8h	77.820	+0.039%	$1K	$944K	10x	as long as short
HTX AXTI-USDT	0.0000%	8h	77.940	+0.193%	$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	+0.0025%	1h	77.810	+0.026%	$1.1M	$1.9M	10x	as long as short
Lighter AXTIshort	+0.0032%	1h	77.760	−0.039%	—	—	10x
KuCoin AXTIUSDTMlong	+0.0100%	8h	77.790	long leg	$600K	$515K	20x
Aevo AXTI-PERP	+0.0104%	1h	77.766	−0.031%	—	—	10x	as long as short