Funding arb · Price arb /

AXTI

RWAall AXTI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0026%/8h= +2.8% APRnext payment +$0.03 per $10,000 · paid last 24h —

Price spread now: QFEX against Lighter+0.101%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 QFEX

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 for this trade now. Funding pays +$1 a day on $10k at the current rate, and QFEX is 0.101% dearer against Lighter than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter AXTI	78.980	0.0032	pay 0.0004% / 1h	53m 05s	—	—	10x
Short	QFEX AXTI-USD	79.060	0.0058	get 0.0007% / 1h	53m 05s	$1.1M	$2.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now +0.101%Rate

Funding earned: $5.38
Price spread: +0.101% → 0.000%: $10.13
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee QFEX: 5 bp × 2 orders: −$10
Net: $5.51
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Lighter: no order-book sample; QFEX: live order book, 2 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 QFEX live order book, 2 min ago	3.80 bp	11.0 bp −$11	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 exchanges

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	−0.0580%	8h	79.130	+0.190%	$1.2M	$4.0M	20x	as long as short
Aster AXTIUSDT	0.0000%	8h	78.939	−0.052%	$7K	$124K	20x	as long as short
Bybit AXTIUSDT	0.0000%	8h	79.070	+0.114%	$1.8M	$1.5M	25x	as long as short
OKX AXTI-USDT-SWAP	0.0000%	8h	79.060	+0.101%	$2.7M	$12.8M	20x	as long as short
Gate AXTI_USDT	0.0000%	8h	79.050	+0.089%	$1.7M	$6.5M	50x	as long as short
SunX AXTI-USDT	0.0000%	8h	79.100	+0.152%	$954	$793K	10x	as long as short
HTX AXTI-USDT	0.0000%	8h	78.890	−0.114%	$19K	$33K	20x	as long as short
Lighter AXTIlong	+0.0032%	1h	78.980	long leg	—	—	10x
Extended AXTI-USD	+0.0048%	1h	79.051	+0.089%	$7K	$291K	10x	as long as short
Binance AXTIUSDT	+0.0051%	8h	79.092	+0.142%	$8.4M	$37.6M	20x	as long as short

Show all 14 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX AXTI-USDshort	+0.0058%	1h	79.060	+0.101%	$1.1M	$2.0M	10x
KuCoin AXTIUSDTM	+0.0100%	8h	78.970	−0.013%	$595K	$659K	20x	as long as short
Aevo AXTI-PERP	+0.0104%	1h	78.976	−0.006%	—	—	10x	as long as short
GRVT AXTI_USDT_Perp	+0.0980%	8h	78.940	−0.051%	$732	$227K	10x	as long as short