Funding arb · Price arb /

AXTI

RWAall AXTI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h —

Price spread now: GRVT 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 GRVT

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 · GRVT: Active · farm boardneeds both histories

The price spread pays, funding is against you. GRVT 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	81.040	0.0032	pay 0.0004% / 1h	59m 11s	—	—	10x
Short	GRVT AXTI_USDT_Perp	81.090	0	get 0.0000% / 8h	5h 59m	$107	$171K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.062%Rate

Funding earned: −$6.72
Price spread: +0.062% → 0.000%: $6.16
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$9.56
Costs to cover: 0.090%
Break-even: never at this rate

Slippage unknown: Lighter: no order-book sample; GRVT: live order book, 3 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 GRVT live order book, 3 min ago	3.70 bp	30.4 bp −$30	doesn't fit	doesn't fit	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	81.021	−0.023%	$8K	$124K	20x	as long as short
Bybit AXTIUSDT	0.0000%	8h	81.080	+0.049%	$1.9M	$1.3M	25x	as long as short
OKX AXTI-USDT-SWAP	0.0000%	8h	81.130	+0.111%	$2.8M	$9.9M	20x	as long as short
Gate AXTI_USDT	0.0000%	8h	81.100	+0.074%	$2.3M	$5.0M	50x	as long as short
Bitget AXTIUSDT	0.0000%	8h	81.100	+0.074%	$1.7M	$3.2M	20x	as long as short
GRVT AXTI_USDT_Perpshort	0.0000%	8h	81.090	+0.062%	$107	$171K	10x
SunX AXTI-USDT	0.0000%	8h	81.000	−0.049%	$914	$1.0M	10x	as long as short
HTX AXTI-USDT	0.0000%	8h	81.010	−0.037%	$20K	$40K	20x	as long as short
QFEX AXTI-USD	+0.0015%	1h	81.000	−0.049%	$1.1M	$2.7M	10x	as long as short
Binance AXTIUSDT	+0.0028%	8h	81.081	+0.050%	$9.0M	$33.1M	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter AXTIlong	+0.0032%	1h	81.040	long leg	—	—	10x
Extended AXTI-USD	+0.0032%	1h	81.036	−0.005%	$7K	$206K	10x	as long as short
KuCoin AXTIUSDTM	+0.0100%	8h	81.100	+0.074%	$637K	$381K	20x	as long as short
Aevo AXTI-PERP	+0.0104%	1h	81.031	−0.011%	—	—	10x	as long as short