Funding arb · Price arb /

AXTI

RWAall AXTI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0051%/8h= +5.6% APRpaid last 24h —

Price spread now: Aevo against Binance−0.070%48s7-day average — · you buy dearer than you sell

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

Long on Binance Short on Aevo

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

Funding pays, the price is against you. Aevo is 0.070% cheaper against Binance than usual: you would sell low and buy high (spread −0.070% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 4.5 days of funding at the current rate (+$2 a day). The two prices were read 48 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	Binance AXTIUSDT	81.129	0.0053	pay 0.0053% / 8h	6h 17m	$9.0M	$33.2M	20x
Short	Aevo AXTI-PERP	81.072	0.0104	get 0.0013% / 1h	17m 32s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Binance. 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 BinancebpFee AevobpOrdersPrice spread, now −0.070%Rate

Funding earned: $10.81
Price spread: −0.070% → 0.000%: −$6.96
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$22.14
Costs to cover: 0.260%
Break-even: 21.3 days

Slippage unknown: Binance: live order book, 9 min ago; Aevo: 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 Binance live order book, 9 min ago	1.85 bp	14.2 bp −$14	37.4 bp −$374	87.2 bp −$8,716	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

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
Aster AXTIUSDT	0.0000%	8h	81.058	−0.087%	$8K	$124K	20x	as long as short
Bybit AXTIUSDT	0.0000%	8h	81.070	−0.072%	$1.9M	$1.3M	25x	as long as short
OKX AXTI-USDT-SWAP	0.0000%	8h	81.100	−0.035%	$2.7M	$10.0M	20x	as long as short
Gate AXTI_USDT	0.0000%	8h	81.090	−0.047%	$2.3M	$5.1M	50x	as long as short
Bitget AXTIUSDT	0.0000%	8h	81.110	−0.023%	$1.7M	$3.2M	20x	as long as short
GRVT AXTI_USDT_Perp	0.0000%	8h	80.979	−0.185%	$497	$171K	10x	as long as short
SunX AXTI-USDT	0.0000%	8h	81.060	−0.084%	$937	$1.0M	10x	as long as short
HTX AXTI-USDT	0.0000%	8h	80.970	−0.195%	$20K	$40K	20x	as long as short
QFEX AXTI-USD	+0.0015%	1h	81.120	−0.010%	$1.1M	$2.7M	10x	as long as short
Lighter AXTI	+0.0032%	1h	80.990	−0.171%	—	—	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance AXTIUSDTlong	+0.0053%	8h	81.129	long leg	$9.0M	$33.2M	20x
Extended AXTI-USD	+0.0056%	1h	81.118	−0.012%	$7K	$210K	10x	as long as short
KuCoin AXTIUSDTM	+0.0100%	8h	81.070	−0.072%	$637K	$385K	20x	as long as short
Aevo AXTI-PERPshort	+0.0104%	1h	81.072	−0.070%	—	—	10x