Funding arb · Price arb /

AXTI

RWAall AXTI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h —

Price spread now: Lighter against SunX−0.231%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on SunX Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Funding pays, the price is against you. Lighter is 0.231% cheaper against SunX than usual: you would sell low and buy high (spread −0.231% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$23 on $10k: about 24 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX AXTI-USDT	77.990	0	get 0.0000% / 8h	7h 02m	$1K	$858K	10x
Short	Lighter AXTI	77.810	0.0032	get 0.0004% / 1h	2m 03s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now −0.231%Rate

Funding earned: $6.72
Price spread: −0.231% → 0.000%: −$23.08
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Lighter: 0 bp × 2 orders: $0
Net: −$24.36
Costs to cover: 0.080%
Break-even: 32.4 days

Slippage unknown: SunX: live order book, 1 min ago; Lighter: no order-book sample. Net counts fees only.

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, 1 min ago	48.14 bp	66.2 bp −$66	doesn't fit	doesn't fit	doesn't fit
Sell Lighter no order-book sample	—	—	—	—	—

Lighter: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.1236%	8h	77.960	−0.038%	$1.2M	$3.9M	20x	as long as short
Aster AXTIUSDT	0.0000%	8h	77.939	−0.065%	$7K	$124K	20x	as long as short
Extended AXTI-USD	0.0000%	1h	77.899	−0.116%	$10K	$291K	10x	as long as short
Binance AXTIUSDT	0.0000%	8h	77.934	−0.072%	$8.2M	$37.9M	20x	as long as short
Bybit AXTIUSDT	0.0000%	8h	77.880	−0.141%	$1.9M	$1.5M	25x	as long as short
OKX AXTI-USDT-SWAP	0.0000%	8h	77.900	−0.115%	$2.6M	$12.1M	20x	as long as short
Gate AXTI_USDT	0.0000%	8h	77.900	−0.115%	$1.6M	$6.6M	50x	as long as short
SunX AXTI-USDTlong	0.0000%	8h	77.990	long leg	$1K	$858K	10x
HTX AXTI-USDT	0.0000%	8h	78.010	+0.026%	$19K	$33K	20x	as long as short
QFEX AXTI-USD	+0.0005%	1h	77.920	−0.090%	$1.1M	$1.9M	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter AXTIshort	+0.0032%	1h	77.810	−0.231%	—	—	10x
KuCoin AXTIUSDTM	+0.0100%	8h	77.860	−0.167%	$587K	$595K	20x	as long as short
Aevo AXTI-PERP	+0.0104%	1h	77.914	−0.097%	—	—	10x	as long as short
GRVT AXTI_USDT_Perp	+0.0626%	8h	78.221	+0.296%	$182	$214K	10x	as long as short