Funding arb · Price arb /

AXTI

RWAall AXTI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h —

Price spread now: Lighter against Binance−0.171%7-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 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 0.171% cheaper against Binance than usual: you would sell low and buy high (spread −0.171% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$17 on $10k: about 18 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	Binance AXTIUSDT	81.730	0	get 0.0000% / 8h	4h 36m	$9.1M	$32.8M	20x
Short	Lighter AXTI	81.590	0.0032	get 0.0004% / 1h	36m 18s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now −0.171%Rate

Funding earned: $6.72
Price spread: −0.171% → 0.000%: −$17.13
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Lighter: 0 bp × 2 orders: $0
Net: −$20.41
Costs to cover: 0.100%
Break-even: 28.3 days

Slippage unknown: Binance: live order book, 5 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 Binance live order book, 5 min ago	0.61 bp	14.7 bp −$15	39.6 bp −$396	90.9 bp −$9,088	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
Aster AXTIUSDT	0.0000%	8h	81.644	−0.105%	$8K	$124K	20x	as long as short
Extended AXTI-USD	0.0000%	1h	81.710	−0.025%	$7K	$213K	10x	as long as short
Binance AXTIUSDTlong	0.0000%	8h	81.730	long leg	$9.1M	$32.8M	20x
Bybit AXTIUSDT	0.0000%	8h	81.770	+0.049%	$1.9M	$1.3M	25x	as long as short
OKX AXTI-USDT-SWAP	0.0000%	8h	81.720	−0.012%	$2.8M	$9.9M	20x	as long as short
Gate AXTI_USDT	0.0000%	8h	81.710	−0.024%	$2.2M	$5.0M	50x	as long as short
Bitget AXTIUSDT	0.0000%	8h	81.730	0.000%	$1.7M	$3.2M	20x	as long as short
GRVT AXTI_USDT_Perp	0.0000%	8h	81.770	+0.049%	$219	$177K	10x	as long as short
SunX AXTI-USDT	0.0000%	8h	81.760	+0.037%	$925	$1.0M	10x	as long as short
HTX AXTI-USDT	0.0000%	8h	81.680	−0.061%	$20K	$40K	20x	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	81.590	−0.171%	—	—	10x
QFEX AXTI-USD	+0.0035%	1h	81.700	−0.037%	$1.1M	$2.3M	10x	as long as short
KuCoin AXTIUSDTM	+0.0100%	8h	81.680	−0.061%	$640K	$434K	20x	as long as short
Aevo AXTI-PERP	+0.0104%	1h	81.705	−0.030%	—	—	10x	as long as short