Settings8H · net · $10k
Funding arb · Price arb /

AXTI

RWAall AXTI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against OKX−0.127%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$375as in the Funding arb table
Net, price: spread back to 7d avg − costs−$404as in the Price arb table
costs, in and out, $10k−$3923.917% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.166%+$17 on $10k
Price spread, last 4 days (all we have)+0.249%+$25 · spread now −0.127%, 7d avg −0.003%
Together, before fees+0.415%+$41 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.124% cheaper against OKX than usual: you would sell low and buy high (spread −0.127% now, against its 7-day average of −0.003%). If the spread goes back, that is −$12 on $10k: about 4.1 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX AXTI-USDT-SWAP78.5500get 0.0000% / 8h49m 33s$2.7M$11.4M20x
ShortKuCoin AXTIUSDTM78.4500.0100get 0.0100% / 8h49m 33s$604K$495K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
$21
Price spread: −0.127% → −0.003%
−$12.39
Slippage, 4 orders
−$369.75
Fee OKX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$383.14
Costs to cover
3.917%
Break-even
134.7 days
Slippage from OKX: live order book, 4 min ago; KuCoin: live order book, 55 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 4 min ago1.28 bp15.7 bp −$1646.7 bp −$467doesn't fitdoesn't fit
Sell KuCoin live order book, 55 min ago23.74 bp168.9 bp −$169doesn't fitdoesn't fitdoesn't fit

AXTI on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AXTIUSDT−0.1882%8h78.640+0.115%$1.2M$3.8M20xas long as short
Aster AXTIUSDT0.0000%8h78.525−0.032%$7K$124K20xas long as short
Extended AXTI-USD0.0000%1h78.386−0.209%$7K$265K10xas long as short
Binance AXTIUSDT0.0000%8h78.570+0.025%$8.3M$35.2M20xas long as short
Bybit AXTIUSDT0.0000%8h78.510−0.051%$1.8M$1.4M25xas long as short
OKX AXTI-USDT-SWAPlong0.0000%8h78.550long leg$2.7M$11.4M20x
Gate AXTI_USDT0.0000%8h78.430−0.153%$1.6M$6.1M50xas long as short
GRVT AXTI_USDT_Perp0.0000%8h78.331−0.279%$161$206K10xas long as short
SunX AXTI-USDT0.0000%8h78.350−0.255%$1K$935K10xas long as short
HTX AXTI-USDT0.0000%8h78.260−0.369%$19K$44K20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX AXTI-USD+0.0011%1h78.570+0.025%$1.1M$1.8M10xas long as short
Lighter AXTI+0.0032%1h78.510−0.051%10xas long as short
KuCoin AXTIUSDTMshort+0.0100%8h78.450−0.127%$604K$495K20x
Aevo AXTI-PERP+0.0104%1h78.344−0.262%10xas long as short