Funding arb · Price arb /

AXTI

RWAall AXTI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0016%/8h= +1.7% APRnext payment +$0.02 per $10,000 · paid last 24h —

Price spread now: QFEX against Lighter+0.025%7-day average — · you sell dearer than you buy

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

Long on Lighter Short on QFEX

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

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and QFEX is 0.025% dearer against Lighter than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter AXTI	81.180	0.0032	pay 0.0004% / 1h	14m 01s	—	—	10x
Short	QFEX AXTI-USD	81.200	0.0048	get 0.0006% / 1h	14m 01s	$1.1M	$2.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against Lighter. 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 LighterbpFee QFEXbpOrdersPrice spread, now +0.025%Rate

Funding earned: $3.29
Price spread: +0.025% → 0.000%: $2.46
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$4.24
Costs to cover: 0.100%
Break-even: 16.0 days

Slippage unknown: Lighter: no order-book sample; QFEX: live order book, 4 min ago. 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 Lighter no order-book sample	—	—	—	—	—
Sell QFEX live order book, 4 min ago	1.85 bp	6.8 bp −$7	13.7 bp −$137	doesn't fit	doesn't fit

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	81.124	−0.069%	$8K	$124K	20x	as long as short
Extended AXTI-USD	0.0000%	1h	81.155	−0.031%	$7K	$202K	10x	as long as short
Binance AXTIUSDT	0.0000%	8h	81.170	−0.012%	$9.1M	$33.3M	20x	as long as short
Bybit AXTIUSDT	0.0000%	8h	81.200	+0.025%	$1.9M	$1.3M	25x	as long as short
OKX AXTI-USDT-SWAP	0.0000%	8h	81.130	−0.062%	$2.7M	$10.4M	20x	as long as short
Gate AXTI_USDT	0.0000%	8h	81.120	−0.074%	$2.3M	$5.3M	50x	as long as short
Bitget AXTIUSDT	0.0000%	8h	81.150	−0.037%	$1.7M	$3.4M	20x	as long as short
SunX AXTI-USDT	0.0000%	8h	81.220	+0.049%	$1K	$1.1M	10x	as long as short
HTX AXTI-USDT	0.0000%	8h	81.130	−0.062%	$19K	$38K	20x	as long as short
Lighter AXTIlong	+0.0032%	1h	81.180	long leg	—	—	10x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX AXTI-USDshort	+0.0048%	1h	81.200	+0.025%	$1.1M	$2.9M	10x
KuCoin AXTIUSDTM	+0.0100%	8h	81.180	0.000%	$640K	$360K	20x	as long as short
Aevo AXTI-PERP	+0.0104%	1h	81.167	−0.016%	—	—	10x	as long as short
GRVT AXTI_USDT_Perp	+0.0110%	8h	81.230	+0.062%	$529	$184K	10x	as long as short