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: OKX against Lighter+0.136%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 OKX

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. OKX is 0.136% dearer against Lighter than usual: you sell high and buy low (spread +0.136% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 14 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter AXTI	81.090	0.0032	pay 0.0004% / 1h	54m 12s	—	—	10x
Short	OKX AXTI-USDT-SWAP	81.200	0	get 0.0000% / 8h	5h 54m	$2.8M	$9.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.136%Rate

Funding earned: −$6.72
Price spread: +0.136% → 0.000%: $13.57
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee OKX: 5 bp × 2 orders: −$10
Net: −$3.15
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Lighter: no order-book sample; OKX: 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 OKX live order book, 4 min ago	1.85 bp	12.9 bp −$13	35.6 bp −$356	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	81.142	+0.064%	$8K	$124K	20x	as long as short
Bybit AXTIUSDT	0.0000%	8h	81.230	+0.173%	$1.9M	$1.3M	25x	as long as short
OKX AXTI-USDT-SWAPshort	0.0000%	8h	81.200	+0.136%	$2.8M	$9.9M	20x
Gate AXTI_USDT	0.0000%	8h	81.180	+0.111%	$2.3M	$5.0M	50x	as long as short
Bitget AXTIUSDT	0.0000%	8h	81.220	+0.160%	$1.7M	$3.2M	20x	as long as short
GRVT AXTI_USDT_Perp	0.0000%	8h	81.200	+0.136%	$858	$171K	10x	as long as short
SunX AXTI-USDT	0.0000%	8h	81.190	+0.123%	$959	$1.0M	10x	as long as short
HTX AXTI-USDT	0.0000%	8h	81.200	+0.136%	$20K	$40K	20x	as long as short
QFEX AXTI-USD	+0.0024%	1h	81.200	+0.136%	$1.1M	$2.7M	10x	as long as short
Extended AXTI-USD	+0.0024%	1h	81.223	+0.164%	$7K	$202K	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance AXTIUSDT	+0.0027%	8h	81.220	+0.160%	$9.0M	$33.1M	20x	as long as short
Lighter AXTIlong	+0.0032%	1h	81.090	long leg	—	—	10x
KuCoin AXTIUSDTM	+0.0100%	8h	81.150	+0.074%	$637K	$381K	20x	as long as short
Aevo AXTI-PERP	+0.0104%	1h	81.206	+0.143%	—	—	10x	as long as short