Funding arb · Price arb /

AXTI

RWAall AXTI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.1848%/8h= −202.4% APRpaid last 24h —

Price spread now: Bitget against Aevo+0.200%7-day average — · you sell dearer than you buy

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

Long on Aevo Short on Bitget

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—needs both histories

The price spread pays, funding is against you. Bitget is 0.200% dearer against Aevo than usual: you sell high and buy low (spread +0.200% now, against zero (this spread has no 7-day history yet)): +$20 on $10k if it goes back. Holding the pair costs −$55 a day in funding at the current rate, which eats that in about 9 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo AXTI-PERP	78.293	0.0104	pay 0.0013% / 1h	37m 02s	—	—	10x
Short	Bitget AXTIUSDT	78.450	−0.1744	pay 0.1744% / 8h	37m 02s	$1.1M	$3.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Aevo. 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 AevobpFee BitgetbpOrdersPrice spread, now +0.200%Rate

Funding earned: −$388.08
Price spread: +0.200% → 0.000%: $20.03
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$396.05
Costs to cover: 0.280%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Bitget: live order book, 1 min ago. 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 Aevo no order-book sample	—	—	—	—	—
Sell Bitget live order book, 1 min ago	3.19 bp	23.2 bp −$23	44.8 bp −$448	99.2 bp −$9,920	doesn't fit

Aevo: 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 AXTIUSDTshort	−0.1744%	8h	78.450	+0.200%	$1.1M	$3.8M	20x
Aster AXTIUSDT	0.0000%	8h	78.226	−0.086%	$7K	$124K	20x	as long as short
Extended AXTI-USD	0.0000%	1h	78.309	+0.021%	$7K	$295K	10x	as long as short
Binance AXTIUSDT	0.0000%	8h	78.282	−0.014%	$8.2M	$35.4M	20x	as long as short
Bybit AXTIUSDT	0.0000%	8h	78.280	−0.017%	$1.8M	$1.4M	25x	as long as short
OKX AXTI-USDT-SWAP	0.0000%	8h	78.330	+0.047%	$2.6M	$11.4M	20x	as long as short
Gate AXTI_USDT	0.0000%	8h	78.330	+0.047%	$1.6M	$6.2M	50x	as long as short
GRVT AXTI_USDT_Perp	0.0000%	8h	78.530	+0.302%	$156	$205K	10x	as long as short
SunX AXTI-USDT	0.0000%	8h	78.290	−0.004%	$1K	$936K	10x	as long as short
HTX AXTI-USDT	0.0000%	8h	78.470	+0.226%	$19K	$44K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX AXTI-USD	+0.0011%	1h	78.350	+0.073%	$1.1M	$1.8M	10x	as long as short
Lighter AXTI	+0.0032%	1h	78.210	−0.106%	—	—	10x	as long as short
KuCoin AXTIUSDTM	+0.0100%	8h	78.300	+0.009%	$603K	$496K	20x	as long as short
Aevo AXTI-PERPlong	+0.0104%	1h	78.293	long leg	—	—	10x