Funding arb · Price arb /

AXTI

RWAall AXTI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.010%

Price spread now: Binance against OKX−0.015%7-day average +0.045% · you buy dearer than you sell

Net, funding: paid 7d − costs−$56as in the Funding arb table

Net, price: spread back to 7d avg − costs−$68as in the Price arb table

costs, in and out, $10k−$620.619% of the position

Long on OKX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.055%+$6 on $10k

Price spread, last 7 days+0.024%+$2 · spread now −0.015%, 7d avg +0.045%

Together, before fees+0.079%+$8 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.061% cheaper against OKX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.045%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX AXTI-USDT-SWAP	78.240	0	get 0.0000% / 8h	22m 39s	$2.6M	$11.5M	20x
Short	Binance AXTIUSDT	78.228	0	get 0.0000% / 8h	22m 39s	$8.3M	$35.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against OKX. 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 OKXbpFee BinancebpOrdersPrice spread, now −0.015%Rate

Funding earned: $0
Price spread: −0.015% → +0.045%: −$6.06
Slippage, 4 orders: −$41.91
Fee OKX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$67.97
Costs to cover: 0.619%
Break-even: never at this rate

Slippage from OKX: live order book, 6 min ago; Binance: live order book, 4 min ago.

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 OKX live order book, 6 min ago	4.47 bp	12.2 bp −$12	31.7 bp −$317	doesn't fit	doesn't fit
Sell Binance live order book, 4 min ago	1.91 bp	18.0 bp −$18	54.3 bp −$543	128.3 bp −$12.8K	doesn't fit

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	−0.1655%	8h	78.350	+0.141%	$1.1M	$3.9M	20x	as long as short
Aster AXTIUSDT	0.0000%	8h	78.246	+0.008%	$7K	$124K	20x	as long as short
Extended AXTI-USD	0.0000%	1h	78.189	−0.065%	$6K	$295K	10x	as long as short
Binance AXTIUSDTshort	0.0000%	8h	78.228	−0.015%	$8.3M	$35.5M	20x
Bybit AXTIUSDT	0.0000%	8h	78.190	−0.064%	$1.8M	$1.4M	25x	as long as short
OKX AXTI-USDT-SWAPlong	0.0000%	8h	78.240	long leg	$2.6M	$11.5M	20x
Gate AXTI_USDT	0.0000%	8h	78.240	0.000%	$1.6M	$6.2M	50x	as long as short
GRVT AXTI_USDT_Perp	0.0000%	8h	78.330	+0.115%	$476	$205K	10x	as long as short
SunX AXTI-USDT	0.0000%	8h	78.480	+0.307%	$1K	$934K	10x	as long as short
HTX AXTI-USDT	0.0000%	8h	78.290	+0.064%	$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	+0.0011%	1h	78.220	−0.026%	$1.1M	$1.9M	10x	as long as short
Lighter AXTI	+0.0032%	1h	78.120	−0.153%	—	—	10x	as long as short
KuCoin AXTIUSDTM	+0.0100%	8h	78.200	−0.051%	$602K	$505K	20x	as long as short
Aevo AXTI-PERP	+0.0104%	1h	78.224	−0.021%	—	—	10x	as long as short