Funding arb · Price arb /

AXTI

RWAall AXTI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h —

Price spread now: Gate against Lighter+0.062%7-day average — · you sell dearer than you buy

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

Long on Lighter Short on Gate

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

The price spread pays, funding is against you. Gate is 0.062% dearer against Lighter than usual: you sell high and buy low (spread +0.062% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter AXTI	80.850	0.0032	pay 0.0004% / 1h	53m 57s	—	—	10x
Short	Gate AXTI_USDT	80.900	0	get 0.0000% / 8h	3h 53m	$2.2M	$5.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Lighter. 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 LighterbpFee GatebpOrdersPrice spread, now +0.062%Rate

Funding earned: −$6.72
Price spread: +0.062% → 0.000%: $6.18
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$15.54
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Lighter: no order-book sample; Gate: live order book, 4 min ago. 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 Lighter no order-book sample	—	—	—	—	—
Sell Gate live order book, 4 min ago	4.94 bp	26.3 bp −$26	78.8 bp −$788	120.0 bp −$12.0K	doesn't fit

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
Aster AXTIUSDT	0.0000%	8h	80.911	+0.076%	$8K	$124K	20x	as long as short
Extended AXTI-USD	0.0000%	1h	80.903	+0.065%	$7K	$207K	10x	as long as short
Binance AXTIUSDT	0.0000%	8h	80.922	+0.089%	$8.6M	$32.6M	20x	as long as short
Bybit AXTIUSDT	0.0000%	8h	80.880	+0.037%	$1.9M	$1.3M	25x	as long as short
OKX AXTI-USDT-SWAP	0.0000%	8h	80.910	+0.074%	$2.8M	$10.1M	20x	as long as short
Gate AXTI_USDTshort	0.0000%	8h	80.900	+0.062%	$2.2M	$5.0M	50x
Bitget AXTIUSDT	0.0000%	8h	80.940	+0.111%	$1.7M	$3.2M	20x	as long as short
GRVT AXTI_USDT_Perp	0.0000%	8h	81.040	+0.235%	$335	$183K	10x	as long as short
SunX AXTI-USDT	0.0000%	8h	80.940	+0.111%	$537	$1.0M	10x	as long as short
HTX AXTI-USDT	0.0000%	8h	80.920	+0.087%	$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	+0.0005%	1h	80.880	+0.037%	$1.1M	$2.2M	10x	as long as short
Lighter AXTIlong	+0.0032%	1h	80.850	long leg	—	—	10x
KuCoin AXTIUSDTM	+0.0100%	8h	80.900	+0.062%	$634K	$473K	20x	as long as short
Aevo AXTI-PERP	+0.0104%	1h	80.902	+0.064%	—	—	10x	as long as short