Settings8H · net · $10k
Funding arb · Price arb /

AXTI

RWAall AXTI markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.2437%/8h= +266.9% APRnext payment +$24.37 per $10,000 · paid last 24h +0.019%
Price spread now: KuCoin against Bitget−0.219%7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$436as in the Funding arb table
Net, price: spread back to 7d avg − costs−$450as in the Price arb table
costs, in and out, $10k−$4344.341% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.020%−$2 on $10k
Price spread, last 4 days (all we have)+0.213%+$21 · spread now −0.219%, 7d avg −0.055%
Together, before fees+0.192%+$19 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.164% cheaper against Bitget than usual: you would sell low and buy high (spread −0.219% now, against its 7-day average of −0.055%). If the spread goes back, that is −$16 on $10k: about 5 hours of funding at the current rate (+$73 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.020% in total (about -1.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$24.37 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget AXTIUSDT77.790−0.2337get 0.2337% / 8h1h 26m$1.2M$3.7M20x
ShortKuCoin AXTIUSDTM77.6200.0100get 0.0100% / 8h1h 26m$598K$512K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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

Funding earned
$511.77
Price spread: −0.219% → −0.055%
−$16.39
Slippage, 4 orders
−$410.07
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$61.3
Costs to cover
4.341%
Break-even
6.2 days
Slippage from Bitget: live order book, 1 min ago; KuCoin: live order book, 18 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 1 min ago3.21 bp29.9 bp −$3042.4 bp −$424116.9 bp −$11.7Kdoesn't fit
Sell KuCoin live order book, 18 min ago23.74 bp168.9 bp −$169doesn't fitdoesn't fitdoesn't fit

AXTI on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AXTIUSDTlong−0.2337%8h77.790long leg$1.2M$3.7M20x
Aster AXTIUSDT0.0000%8h77.679−0.143%$7K$124K20xas long as short
Extended AXTI-USD0.0000%1h77.671−0.153%$7K$210K10xas long as short
Binance AXTIUSDT0.0000%8h77.690−0.129%$8.3M$35.0M20xas long as short
Bybit AXTIUSDT0.0000%8h77.680−0.141%$1.8M$1.3M25xas long as short
OKX AXTI-USDT-SWAP0.0000%8h77.680−0.141%$2.6M$11.1M20xas long as short
Gate AXTI_USDT0.0000%8h77.690−0.129%$1.6M$6.1M50xas long as short
GRVT AXTI_USDT_Perp0.0000%8h77.440−0.451%$201$201K10xas long as short
SunX AXTI-USDT0.0000%8h77.530−0.334%$1K$943K10xas long as short
HTX AXTI-USDT0.0000%8h77.670−0.154%$19K$44K20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX AXTI-USD+0.0025%1h77.650−0.180%$1.1M$1.8M10xas long as short
Lighter AXTI+0.0032%1h77.680−0.141%10xas long as short
KuCoin AXTIUSDTMshort+0.0100%8h77.620−0.219%$598K$512K20x
Aevo AXTI-PERP+0.0104%1h77.697−0.120%10xas long as short