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: KuCoin against Lighter−0.383%7-day average — · you buy dearer than you sell

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

Long on Lighter Short on KuCoin

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

Funding pays, the price is against you. KuCoin is 0.383% cheaper against Lighter than usual: you would sell low and buy high (spread −0.383% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$38 on $10k: about 19 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter AXTI	78.290	0.0032	pay 0.0004% / 1h	22m 44s	—	—	10x
Short	KuCoin AXTIUSDTM	77.990	0.0100	get 0.0100% / 8h	1h 22m	$600K	$509K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.383%Rate

Funding earned: $14.28
Price spread: −0.383% → 0.000%: −$38.32
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$36.04
Costs to cover: 0.120%
Break-even: 24.7 days

Slippage unknown: Lighter: no order-book sample; KuCoin: live order book, 22 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 KuCoin live order book, 22 min ago	23.74 bp	168.9 bp −$169	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
Bitget AXTIUSDT	−0.2317%	8h	78.250	−0.051%	$1.2M	$3.7M	20x	as long as short
Aster AXTIUSDT	0.0000%	8h	78.126	−0.210%	$7K	$124K	20x	as long as short
Extended AXTI-USD	0.0000%	1h	78.281	−0.011%	$7K	$210K	10x	as long as short
Binance AXTIUSDT	0.0000%	8h	78.302	+0.015%	$8.3M	$35.0M	20x	as long as short
Bybit AXTIUSDT	0.0000%	8h	78.240	−0.064%	$1.8M	$1.3M	25x	as long as short
OKX AXTI-USDT-SWAP	0.0000%	8h	78.260	−0.038%	$2.6M	$11.3M	20x	as long as short
Gate AXTI_USDT	0.0000%	8h	78.230	−0.077%	$1.7M	$6.1M	50x	as long as short
GRVT AXTI_USDT_Perp	0.0000%	8h	77.665	−0.799%	$298	$203K	10x	as long as short
SunX AXTI-USDT	0.0000%	8h	77.960	−0.422%	$1K	$942K	10x	as long as short
HTX AXTI-USDT	0.0000%	8h	77.970	−0.409%	$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	78.300	+0.013%	$1.1M	$1.8M	10x	as long as short
Lighter AXTIlong	+0.0032%	1h	78.290	long leg	—	—	10x
KuCoin AXTIUSDTMshort	+0.0100%	8h	77.990	−0.383%	$600K	$509K	20x
Aevo AXTI-PERP	+0.0104%	1h	77.878	−0.526%	—	—	10x	as long as short