AXTI

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.1442%/8h= −157.9% APRnext payment −$14.42 per $10,000 · paid last 24h −0.165%

Price spread now: Bitget against Binance+0.080%7-day average −0.009% · you sell dearer than you buy

Net, funding: paid 7d − costs−$156as in the Funding arb table

Net, price: spread back to 7d avg − costs−$145as in the Price arb table

costs, in and out, $10k−$1541.543% of the position

Long on Binance Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.014%−$1 on $10k

Price spread, last 7 days−0.120%−$12 · spread now +0.080%, 7d avg −0.009%

Together, before fees−0.134%−$13 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.089% dearer against Binance than usual: you sell high and buy low (spread +0.080% now, against its 7-day average of −0.009%): +$9 on $10k if it goes back. Holding the pair costs −$43 a day in funding at the current rate, which eats that in about 5 hours. At the pace of the last 7 days (−0.014% in total) that is about 44 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.014% in total (about -0.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$14.42 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance AXTIUSDT	76.628	0	get 0.0000% / 8h	7h 25m	$8.0M	$37.3M	20x
Short	Bitget AXTIUSDT	76.690	−0.1442	pay 0.1442% / 8h	7h 25m	$1.1M	$3.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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 BinancebpFee BitgetbpOrdersPrice spread, now +0.080%Rate

Funding earned: −$302.82
Price spread: +0.080% → −0.009%: $8.9
Slippage, 4 orders: −$132.25
Fee Binance: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$448.17
Costs to cover: 1.543%
Break-even: never at this rate

Slippage from Binance: live order book, 2 min ago; Bitget: 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 Binance live order book, 2 min ago	2.61 bp	13.9 bp −$14	56.3 bp −$563	242.6 bp −$24.3K	doesn't fit
Sell Bitget live order book, 3 min ago	4.57 bp	68.5 bp −$69	84.9 bp −$849	172.9 bp −$17.3K	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 AXTIUSDTshort	−0.1442%	8h	76.690	+0.080%	$1.1M	$3.9M	20x
GRVT AXTI_USDT_Perp	−0.0474%	8h	76.569	−0.078%	$426	$209K	10x	as long as short
Aster AXTIUSDT	0.0000%	8h	76.576	−0.069%	$7K	$124K	20x	as long as short
Extended AXTI-USD	0.0000%	1h	76.598	−0.040%	$11K	$292K	10x	as long as short
Binance AXTIUSDTlong	0.0000%	8h	76.628	long leg	$8.0M	$37.3M	20x
Bybit AXTIUSDT	0.0000%	8h	76.660	+0.041%	$1.8M	$1.5M	25x	as long as short
OKX AXTI-USDT-SWAP	0.0000%	8h	76.610	−0.024%	$2.6M	$11.6M	20x	as long as short
Gate AXTI_USDT	0.0000%	8h	76.650	+0.028%	$1.6M	$6.4M	50x	as long as short
SunX AXTI-USDT	0.0000%	8h	76.630	+0.002%	$993	$871K	10x	as long as short
HTX AXTI-USDT	0.0000%	8h	76.660	+0.041%	$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	+0.0005%	1h	76.580	−0.063%	$1.1M	$1.9M	10x	as long as short
Lighter AXTI	+0.0032%	1h	76.570	−0.076%	—	—	10x	as long as short
KuCoin AXTIUSDTM	+0.0100%	8h	76.620	−0.011%	$580K	$568K	20x	as long as short
Aevo AXTI-PERP	+0.0104%	1h	76.587	−0.054%	—	—	10x	as long as short