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 0.000%

Price spread now: SunX against OKX+0.086%7-day average +0.041% · you sell dearer than you buy

Net, funding: paid 7d − costs−$158as in the Funding arb table

Net, price: spread back to 7d avg − costs−$151as in the Price arb table

costs, in and out, $10k−$1551.553% of the position

Long on OKX Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.029%−$3 on $10k

Price spread, last 4 days (all we have)+0.157%+$16 · spread now +0.086%, 7d avg +0.041%

Together, before fees+0.128%+$13 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: SunX is 0.045% dearer against OKX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.041%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX AXTI-USDT-SWAP	81.310	0	get 0.0000% / 8h	4h 16m	$2.8M	$9.9M	20x
Short	SunX AXTI-USDT	81.380	0	get 0.0000% / 8h	4h 16m	$280	$1.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.086%Rate

Funding earned: $0
Price spread: +0.086% → +0.041%: $4.5
Slippage, 4 orders: −$137.35
Fee OKX: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$150.84
Costs to cover: 1.553%
Break-even: never at this rate

Slippage from OKX: live order book, 1 min ago; SunX: live order book, 6 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, 1 min ago	1.23 bp	13.3 bp −$13	40.6 bp −$406	doesn't fit	doesn't fit
Sell SunX live order book, 6 min ago	47.78 bp	66.3 bp −$66	doesn't fit	doesn't fit	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
Aster AXTIUSDT	0.0000%	8h	81.302	−0.010%	$8K	$124K	20x	as long as short
Extended AXTI-USD	0.0000%	1h	81.347	+0.045%	$7K	$211K	10x	as long as short
Binance AXTIUSDT	0.0000%	8h	81.363	+0.065%	$8.8M	$32.9M	20x	as long as short
Bybit AXTIUSDT	0.0000%	8h	81.350	+0.049%	$1.9M	$1.3M	25x	as long as short
OKX AXTI-USDT-SWAPlong	0.0000%	8h	81.310	long leg	$2.8M	$9.9M	20x
Gate AXTI_USDT	0.0000%	8h	81.330	+0.025%	$2.2M	$5.1M	50x	as long as short
Bitget AXTIUSDT	0.0000%	8h	81.380	+0.086%	$1.7M	$3.2M	20x	as long as short
GRVT AXTI_USDT_Perp	0.0000%	8h	81.499	+0.233%	$463	$180K	10x	as long as short
SunX AXTI-USDTshort	0.0000%	8h	81.380	+0.086%	$280	$1.0M	10x
HTX AXTI-USDT	0.0000%	8h	81.360	+0.061%	$20K	$40K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter AXTI	+0.0032%	1h	81.260	−0.061%	—	—	10x	as long as short
QFEX AXTI-USD	+0.0035%	1h	81.300	−0.012%	$1.1M	$2.3M	10x	as long as short
KuCoin AXTIUSDTM	+0.0100%	8h	81.290	−0.025%	$637K	$453K	20x	as long as short
Aevo AXTI-PERP	+0.0104%	1h	81.309	−0.001%	—	—	10x	as long as short