Funding arb · Price arb /

AXTI

RWAall AXTI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.018%

Price spread now: Extended against Gate+0.069%7-day average +0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs−$86as in the Funding arb table

Net, price: spread back to 7d avg − costs−$90as in the Price arb table

costs, in and out, $10k−$960.957% of the position

Long on Gate Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.094%+$9 on $10k

Price spread, last 4 days (all we have)−0.240%−$24 · spread now +0.069%, 7d avg +0.008%

Together, before fees−0.146%+ Points / potential airdropExtended: Active · farm board−$15 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: Extended is 0.060% dearer against Gate than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.008%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate AXTI_USDT	80.860	0	get 0.0000% / 8h	44m 41s	$2.3M	$5.3M	50x
Short	Extended AXTI-USD	80.915	0	get 0.0000% / 1h	44m 41s	$7K	$202K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.069%Rate

Funding earned: $0
Price spread: +0.069% → +0.008%: $6.03
Slippage, 4 orders: −$75.71
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$89.69
Costs to cover: 0.957%
Break-even: never at this rate

Slippage from Gate: live order book, 4 min ago; Extended: live order book, 32 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, 4 min ago	5.56 bp	28.5 bp −$29	43.5 bp −$435	70.6 bp −$7,064	doesn't fit
Sell Extended live order book, 32 min ago	3.49 bp	20.2 bp −$20	239.3 bp −$2,393	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 AXTIUSDT	0.0000%	8h	80.853	−0.009%	$8K	$124K	20x	as long as short
Extended AXTI-USDshort	0.0000%	1h	80.915	+0.069%	$7K	$202K	10x
Binance AXTIUSDT	0.0000%	8h	80.950	+0.111%	$9.1M	$33.2M	20x	as long as short
Bybit AXTIUSDT	0.0000%	8h	80.890	+0.037%	$1.9M	$1.3M	25x	as long as short
OKX AXTI-USDT-SWAP	0.0000%	8h	80.930	+0.087%	$2.7M	$10.4M	20x	as long as short
Gate AXTI_USDTlong	0.0000%	8h	80.860	long leg	$2.3M	$5.3M	50x
Bitget AXTIUSDT	0.0000%	8h	80.940	+0.099%	$1.7M	$3.4M	20x	as long as short
GRVT AXTI_USDT_Perp	0.0000%	8h	80.890	+0.037%	$81	$186K	10x	as long as short
SunX AXTI-USDT	0.0000%	8h	80.990	+0.161%	$961	$1.1M	10x	as long as short
HTX AXTI-USDT	0.0000%	8h	80.970	+0.136%	$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	80.870	+0.012%	—	—	10x	as long as short
QFEX AXTI-USD	+0.0048%	1h	80.940	+0.099%	$1.1M	$2.9M	10x	as long as short
KuCoin AXTIUSDTM	+0.0100%	8h	80.890	+0.037%	$638K	$354K	20x	as long as short
Aevo AXTI-PERP	+0.0104%	1h	80.942	+0.102%	—	—	10x	as long as short