Funding arb · Price arb /

AXTI

RWAall AXTI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0064%/8h= +7.0% APRpaid last 24h +0.018%

Price spread now: Extended against SunX+0.041%7-day average −0.030% · you sell dearer than you buy

Net, funding: paid 7d − costs−$160as in the Funding arb table

Net, price: spread back to 7d avg − costs−$162as in the Price arb table

costs, in and out, $10k−$1691.691% of the position

Long on SunX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.094%+$9 on $10k

Price spread, last 3 days (all we have)−0.137%−$14 · spread now +0.041%, 7d avg −0.030%

Together, before fees−0.044%+ Points / potential airdropExtended: Active · farm board−$4 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Extended is 0.071% dearer against SunX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.030%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX AXTI-USDT	81.620	0	get 0.0000% / 8h	7h 57m	$976	$1.1M	10x
Short	Extended AXTI-USD	81.654	0.0064	get 0.0008% / 1h	57m 02s	$7K	$202K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.041%Rate

Funding earned: $13.44
Price spread: +0.041% → −0.030%: $7.12
Slippage, 4 orders: −$156.07
Fee SunX: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$148.51
Costs to cover: 1.691%
Break-even: 84.4 days

Slippage from SunX: live order book, 6 min ago; Extended: live order book, 15 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, 6 min ago	46.74 bp	64.5 bp −$64	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 15 min ago	4.19 bp	19.9 bp −$20	167.9 bp −$1,679	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	81.595	−0.031%	$8K	$124K	20x	as long as short
Bybit AXTIUSDT	0.0000%	8h	81.620	0.000%	$1.9M	$1.3M	25x	as long as short
OKX AXTI-USDT-SWAP	0.0000%	8h	81.680	+0.074%	$2.8M	$10.5M	20x	as long as short
Gate AXTI_USDT	0.0000%	8h	81.680	+0.074%	$2.3M	$5.0M	50x	as long as short
Bitget AXTIUSDT	0.0000%	8h	81.650	+0.037%	$1.7M	$3.4M	20x	as long as short
SunX AXTI-USDTlong	0.0000%	8h	81.620	long leg	$976	$1.1M	10x
HTX AXTI-USDT	0.0000%	8h	81.510	−0.135%	$19K	$38K	20x	as long as short
Lighter AXTI	+0.0032%	1h	81.600	−0.025%	—	—	10x	as long as short
QFEX AXTI-USD	+0.0039%	1h	81.630	+0.012%	$1.1M	$2.9M	10x	as long as short
Extended AXTI-USDshort	+0.0064%	1h	81.654	+0.041%	$7K	$202K	10x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance AXTIUSDT	+0.0067%	8h	81.664	+0.054%	$9.2M	$33.5M	20x	as long as short
KuCoin AXTIUSDTM	+0.0100%	8h	81.740	+0.147%	$645K	$362K	20x	as long as short
Aevo AXTI-PERP	+0.0104%	1h	81.567	−0.065%	—	—	10x	as long as short
GRVT AXTI_USDT_Perp	+0.0168%	8h	81.290	−0.404%	$376	$181K	10x	as long as short