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 0.000%

Price spread now: Gate against OKX−0.102%7-day average +0.004% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$94as in the Price arb table

costs, in and out, $10k−$830.831% of the position

Long on OKX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.029%−$3 on $10k

Price spread, last 7 days+0.142%+$14 · spread now −0.102%, 7d avg +0.004%

Together, before fees+0.113%+$11 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: Gate is 0.106% cheaper against OKX than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX AXTI-USDT-SWAP	78.450	0	get 0.0000% / 8h	56m 04s	$2.7M	$11.4M	20x
Short	Gate AXTI_USDT	78.370	0	get 0.0000% / 8h	56m 04s	$1.6M	$6.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against OKX. 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 OKXbpFee GatebpOrdersPrice spread, now −0.102%Rate

Funding earned: $0
Price spread: −0.102% → +0.004%: −$10.55
Slippage, 4 orders: −$58.09
Fee OKX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$93.65
Costs to cover: 0.831%
Break-even: never at this rate

Slippage from OKX: live order book, 2 min ago; Gate: 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 OKX live order book, 2 min ago	1.28 bp	12.1 bp −$12	34.1 bp −$341	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	2.56 bp	32.3 bp −$32	73.1 bp −$731	109.0 bp −$10.9K	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
Bitget AXTIUSDT	−0.1936%	8h	78.470	+0.025%	$1.2M	$3.8M	20x	as long as short
Aster AXTIUSDT	0.0000%	8h	78.341	−0.138%	$7K	$124K	20x	as long as short
Extended AXTI-USD	0.0000%	1h	78.335	−0.146%	$7K	$217K	10x	as long as short
Binance AXTIUSDT	0.0000%	8h	78.353	−0.124%	$8.2M	$35.2M	20x	as long as short
Bybit AXTIUSDT	0.0000%	8h	78.360	−0.115%	$1.8M	$1.4M	25x	as long as short
OKX AXTI-USDT-SWAPlong	0.0000%	8h	78.450	long leg	$2.7M	$11.4M	20x
Gate AXTI_USDTshort	0.0000%	8h	78.370	−0.102%	$1.6M	$6.1M	50x
GRVT AXTI_USDT_Perp	0.0000%	8h	78.507	+0.073%	$141	$204K	10x	as long as short
SunX AXTI-USDT	0.0000%	8h	78.580	+0.166%	$906	$937K	10x	as long as short
HTX AXTI-USDT	0.0000%	8h	78.340	−0.140%	$19K	$44K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX AXTI-USD	+0.0011%	1h	78.250	−0.255%	$1.1M	$1.8M	10x	as long as short
Lighter AXTI	+0.0032%	1h	78.310	−0.178%	—	—	10x	as long as short
KuCoin AXTIUSDTM	+0.0100%	8h	78.350	−0.127%	$603K	$496K	20x	as long as short
Aevo AXTI-PERP	+0.0104%	1h	78.342	−0.138%	—	—	10x	as long as short