Funding arb · Price arb /

AXTI

RWAall AXTI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0048%/8h= +5.2% APRpaid last 24h +0.008%

Price spread now: QFEX against Aster+0.086%53s7-day average +0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1581.581% of the position

Long on Aster Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.012%+$1 on $10k

Price spread, last 4 days (all we have)+0.038%+$4 · spread now +0.086%, 7d avg +0.002%

Together, before fees+0.049%+ Points / potential airdropAster: Stage 5 · farm board+$5 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and QFEX is 0.084% dearer against Aster than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.002%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster AXTIUSDT	80.970	0	get 0.0000% / 8h	40m 41s	$8K	$124K	20x
Short	QFEX AXTI-USD	81.040	0.0048	get 0.0006% / 1h	40m 41s	$1.1M	$2.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against Aster. 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 AsterbpFee QFEXbpOrdersPrice spread, now +0.086%Rate

Funding earned: $10.01
Price spread: +0.086% → +0.002%: $8.4
Slippage, 4 orders: −$140.08
Fee Aster: 4 bp × 2 orders: −$8
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$139.66
Costs to cover: 1.581%
Break-even: 104.6 days

Slippage from Aster: live order book, 35 min ago; QFEX: live order book, 2 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 Aster live order book, 35 min ago	42.36 bp	75.4 bp −$75	doesn't fit	doesn't fit	doesn't fit
Sell QFEX live order book, 2 min ago	1.85 bp	10.0 bp −$10	19.4 bp −$194	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 AXTIUSDTlong	0.0000%	8h	80.970	long leg	$8K	$124K	20x
Extended AXTI-USD	0.0000%	1h	81.146	+0.217%	$7K	$202K	10x	as long as short
Binance AXTIUSDT	0.0000%	8h	81.170	+0.246%	$9.1M	$33.2M	20x	as long as short
Bybit AXTIUSDT	0.0000%	8h	81.190	+0.271%	$1.9M	$1.3M	25x	as long as short
OKX AXTI-USDT-SWAP	0.0000%	8h	81.210	+0.296%	$2.7M	$10.4M	20x	as long as short
Gate AXTI_USDT	0.0000%	8h	81.010	+0.049%	$2.3M	$5.3M	50x	as long as short
Bitget AXTIUSDT	0.0000%	8h	81.150	+0.222%	$1.7M	$3.4M	20x	as long as short
GRVT AXTI_USDT_Perp	0.0000%	8h	80.972	+0.002%	$550	$184K	10x	as long as short
SunX AXTI-USDT	0.0000%	8h	81.050	+0.098%	$962	$1.1M	10x	as long as short
HTX AXTI-USDT	0.0000%	8h	80.920	−0.062%	$19K	$36K	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	81.050	+0.098%	—	—	10x	as long as short
QFEX AXTI-USDshort	+0.0048%	1h	81.040	+0.086%	$1.1M	$2.9M	10x
KuCoin AXTIUSDTM	+0.0100%	8h	80.990	+0.024%	$639K	$355K	20x	as long as short
Aevo AXTI-PERP	+0.0104%	1h	81.017	+0.057%	—	—	10x	as long as short