Funding arb · Price arb /

AXTI

RWAall AXTI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h —

Price spread now: Bybit against Aevo−0.023%7-day average — · you buy dearer than you sell

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

Long on Aevo Short on Bybit

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—needs both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bybit is 0.023% cheaper against Aevo than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo AXTI-PERP	78.158	0.0104	pay 0.0013% / 1h	54m 40s	—	—	10x
Short	Bybit AXTIUSDT	78.140	0	get 0.0000% / 8h	1h 54m	$1.8M	$1.3M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Aevo. 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 AevobpFee BybitbpOrdersPrice spread, now −0.023%Rate

Funding earned: −$21.84
Price spread: −0.023% → 0.000%: −$2.31
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$51.15
Costs to cover: 0.270%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Bybit: live order book, 2 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 Aevo no order-book sample	—	—	—	—	—
Sell Bybit live order book, 2 min ago	2.56 bp	22.6 bp −$23	177.4 bp −$1,774	doesn't fit	doesn't fit

Aevo: 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
Bitget AXTIUSDT	−0.2059%	8h	78.230	+0.092%	$1.4M	$3.5M	20x	as long as short
Aster AXTIUSDT	0.0000%	8h	78.145	−0.017%	$7K	$124K	20x	as long as short
Extended AXTI-USD	0.0000%	1h	78.150	−0.010%	$7K	$212K	10x	as long as short
Binance AXTIUSDT	0.0000%	8h	78.137	−0.028%	$8.4M	$34.5M	20x	as long as short
Bybit AXTIUSDTshort	0.0000%	8h	78.140	−0.023%	$1.8M	$1.3M	25x
OKX AXTI-USDT-SWAP	0.0000%	8h	78.050	−0.138%	$2.7M	$10.9M	20x	as long as short
Gate AXTI_USDT	0.0000%	8h	78.130	−0.036%	$1.7M	$5.8M	50x	as long as short
GRVT AXTI_USDT_Perp	0.0000%	8h	78.310	+0.194%	$658	$197K	10x	as long as short
SunX AXTI-USDT	0.0000%	8h	78.350	+0.246%	$1K	$956K	10x	as long as short
HTX AXTI-USDT	0.0000%	8h	78.160	+0.002%	$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	+0.0025%	1h	78.220	+0.079%	$1.1M	$1.9M	10x	as long as short
Lighter AXTI	+0.0032%	1h	78.120	−0.049%	—	—	10x	as long as short
KuCoin AXTIUSDTM	+0.0100%	8h	78.140	−0.023%	$603K	$520K	20x	as long as short
Aevo AXTI-PERPlong	+0.0104%	1h	78.158	long leg	—	—	10x