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: Aster against SunX−0.062%7-day average −0.019% · you buy dearer than you sell

Net, funding: paid 7d − costs−$267as in the Funding arb table

Net, price: spread back to 7d avg − costs−$271as in the Price arb table

costs, in and out, $10k−$2672.665% of the position

Long on SunX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.108%−$11 · spread now −0.062%, 7d avg −0.019%

Together, before fees−0.108%+ Points / potential airdropAster: Stage 5 · farm board−$11 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: Aster is 0.043% cheaper against SunX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.019%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX AXTI-USDT	81.050	0	get 0.0000% / 8h	3h 58m	—	$1.0M	10x
Short	Aster AXTIUSDT	81.000	0	get 0.0000% / 8h	3h 58m	$8K	$124K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against SunX. 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 SunXbpFee AsterbpOrdersPrice spread, now −0.062%Rate

Funding earned: $0
Price spread: −0.062% → −0.019%: −$4.26
Slippage, 4 orders: −$250.52
Fee SunX: 4 bp × 2 orders: −$8
Fee Aster: 4 bp × 2 orders: −$8
Net: −$270.79
Costs to cover: 2.665%
Break-even: never at this rate

Slippage from SunX: live order book, 4 min ago; Aster: live order book, 57 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 SunX live order book, 4 min ago	46.84 bp	64.4 bp −$64	doesn't fit	doesn't fit	doesn't fit
Sell Aster live order book, 57 min ago	50.72 bp	65.9 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 AXTIUSDTshort	0.0000%	8h	81.000	−0.062%	$8K	$124K	20x
Extended AXTI-USD	0.0000%	1h	81.023	−0.034%	$7K	$211K	10x	as long as short
Binance AXTIUSDT	0.0000%	8h	81.053	+0.004%	$8.6M	$32.9M	20x	as long as short
Bybit AXTIUSDT	0.0000%	8h	81.020	−0.037%	$1.9M	$1.3M	25x	as long as short
OKX AXTI-USDT-SWAP	0.0000%	8h	81.050	0.000%	$2.7M	$10.0M	20x	as long as short
Gate AXTI_USDT	0.0000%	8h	81.010	−0.049%	$2.2M	$5.0M	50x	as long as short
Bitget AXTIUSDT	0.0000%	8h	81.060	+0.012%	$1.7M	$3.2M	20x	as long as short
GRVT AXTI_USDT_Perp	0.0000%	8h	81.200	+0.185%	$555	$182K	10x	as long as short
SunX AXTI-USDTlong	0.0000%	8h	81.050	long leg	—	$1.0M	10x
HTX AXTI-USDT	0.0000%	8h	80.970	−0.099%	$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	80.950	−0.123%	—	—	10x	as long as short
QFEX AXTI-USD	+0.0035%	1h	81.030	−0.025%	$1.1M	$2.2M	10x	as long as short
KuCoin AXTIUSDTM	+0.0100%	8h	80.980	−0.086%	$634K	$469K	20x	as long as short
Aevo AXTI-PERP	+0.0104%	1h	80.995	−0.068%	—	—	10x	as long as short