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: SunX against OKX+0.574%47s7-day average +0.041% · you sell dearer than you buy

Net, funding: paid 7d − costs−$157as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1541.539% of the position

Long on OKX Short on SunX

What this pair did over the last

the charts below follow

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

Price spread, last 4 days (all we have)−0.397%−$40 · spread now +0.574%, 7d avg +0.041%

Together, before fees−0.427%−$43 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: SunX is 0.533% dearer against OKX than usual: you sell high and buy low, +$53 on $10k if it goes back to its 7-day average of +0.041%. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX AXTI-USDT-SWAP	80.190	0	get 0.0000% / 8h	3h 39m	$2.8M	$10.0M	20x
Short	SunX AXTI-USDT	80.650	0	get 0.0000% / 8h	3h 39m	$874	$987K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.574%Rate

Funding earned: $0
Price spread: +0.574% → +0.041%: $53.26
Slippage, 4 orders: −$135.9
Fee OKX: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$100.63
Costs to cover: 1.539%
Break-even: never at this rate

Slippage from OKX: live order book, 4 min ago; SunX: live order book, 3 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, 4 min ago	1.86 bp	8.5 bp −$9	31.5 bp −$315	doesn't fit	doesn't fit
Sell SunX live order book, 3 min ago	46.49 bp	65.7 bp −$66	doesn't fit	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
Bitget AXTIUSDT	−0.0028%	8h	80.320	+0.162%	$1.7M	$3.2M	20x	as long as short
Aster AXTIUSDT	0.0000%	8h	80.310	+0.150%	$8K	$124K	20x	as long as short
Extended AXTI-USD	0.0000%	1h	80.209	+0.023%	$9K	$212K	10x	as long as short
Binance AXTIUSDT	0.0000%	8h	80.180	−0.012%	$8.5M	$32.2M	20x	as long as short
Bybit AXTIUSDT	0.0000%	8h	80.180	−0.012%	$1.9M	$1.3M	25x	as long as short
OKX AXTI-USDT-SWAPlong	0.0000%	8h	80.190	long leg	$2.8M	$10.0M	20x
Gate AXTI_USDT	0.0000%	8h	80.280	+0.112%	$2.2M	$5.0M	50x	as long as short
GRVT AXTI_USDT_Perp	0.0000%	8h	80.460	+0.337%	$560	$185K	10x	as long as short
SunX AXTI-USDTshort	0.0000%	8h	80.650	+0.574%	$874	$987K	10x
HTX AXTI-USDT	0.0000%	8h	80.370	+0.224%	$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
QFEX AXTI-USD	+0.0005%	1h	80.250	+0.075%	$1.1M	$2.1M	10x	as long as short
Lighter AXTI	+0.0032%	1h	80.210	+0.025%	—	—	10x	as long as short
KuCoin AXTIUSDTM	+0.0100%	8h	80.320	+0.162%	$629K	$485K	20x	as long as short
Aevo AXTI-PERP	+0.0104%	1h	80.371	+0.225%	—	—	10x	as long as short