Funding arb · Price arb /

AXTI

RWAall AXTI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.011%

Price spread now: Bitget against Gate+0.062%7-day average +0.031% · you sell dearer than you buy

Net, funding: paid 7d − costs−$89as in the Funding arb table

Net, price: spread back to 7d avg − costs−$107as in the Price arb table

costs, in and out, $10k−$1111.106% of the position

Long on Gate Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.215%+$22 on $10k

Price spread, last 7 days−0.056%−$6 · spread now +0.062%, 7d avg +0.031%

Together, before fees+0.159%+$16 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.031% dearer against Gate than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.031%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate AXTI_USDT	80.820	0	get 0.0000% / 8h	6h 40m	$2.3M	$5.0M	50x
Short	Bitget AXTIUSDT	80.870	0	get 0.0000% / 8h	6h 40m	$1.7M	$3.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Gate. 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 GatebpFee BitgetbpOrdersPrice spread, now +0.062%Rate

Funding earned: $0
Price spread: +0.062% → +0.031%: $3.11
Slippage, 4 orders: −$83.58
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$107.47
Costs to cover: 1.106%
Break-even: never at this rate

Slippage from Gate: live order book, 3 min ago; Bitget: 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 Gate live order book, 3 min ago	3.09 bp	26.3 bp −$26	43.5 bp −$435	73.9 bp −$7,392	doesn't fit
Sell Bitget live order book, 2 min ago	3.09 bp	30.7 bp −$31	41.4 bp −$414	98.4 bp −$9,836	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 AXTIUSDT	0.0000%	8h	80.821	+0.001%	$8K	$124K	20x	as long as short
Bybit AXTIUSDT	0.0000%	8h	80.790	−0.037%	$1.9M	$1.3M	25x	as long as short
OKX AXTI-USDT-SWAP	0.0000%	8h	80.730	−0.111%	$2.7M	$10.2M	20x	as long as short
Gate AXTI_USDTlong	0.0000%	8h	80.820	long leg	$2.3M	$5.0M	50x
Bitget AXTIUSDTshort	0.0000%	8h	80.870	+0.062%	$1.7M	$3.2M	20x
GRVT AXTI_USDT_Perp	0.0000%	8h	81.010	+0.235%	$818	$170K	10x	as long as short
SunX AXTI-USDT	0.0000%	8h	80.860	+0.049%	$1K	$1.1M	10x	as long as short
HTX AXTI-USDT	0.0000%	8h	81.070	+0.309%	$20K	$40K	20x	as long as short
QFEX AXTI-USD	+0.0015%	1h	80.830	+0.012%	$1.1M	$2.8M	10x	as long as short
Lighter AXTI	+0.0032%	1h	80.760	−0.074%	—	—	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance AXTIUSDT	+0.0076%	8h	80.800	−0.025%	$9.0M	$33.3M	20x	as long as short
Extended AXTI-USD	+0.0080%	1h	80.840	+0.025%	$7K	$208K	10x	as long as short
KuCoin AXTIUSDTM	+0.0100%	8h	80.820	0.000%	$635K	$384K	20x	as long as short
Aevo AXTI-PERP	+0.0104%	1h	80.805	−0.019%	—	—	10x	as long as short