AXTI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.2325%/8h= +254.6% APRnext payment +$23.25 per $10,000 · paid last 24h −0.011%

Price spread now: SunX against Bitget−0.154%7-day average −0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$218as in the Funding arb table

Net, price: spread back to 7d avg − costs−$212as in the Price arb table

costs, in and out, $10k−$1971.968% of the position

Long on Bitget Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.215%−$22 on $10k

Price spread, last 4 days (all we have)+0.231%+$23 · spread now −0.154%, 7d avg −0.004%

Together, before fees+0.016%+$2 on $10k · with fees, hour by hour

Funding pays, the price is against you. SunX is 0.150% cheaper against Bitget than usual: you would sell low and buy high (spread −0.154% now, against its 7-day average of −0.004%). If the spread goes back, that is −$15 on $10k: about 5 hours of funding at the current rate (+$70 a day). Mind the row above: over the last 7 days funding on this pair cost −0.215%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.215% in total (about -11.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$23.25 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	Bitget AXTIUSDT	78.080	−0.2325	get 0.2325% / 8h	1h 23m	$1.2M	$3.7M	20x
Short	SunX AXTI-USDT	77.960	0	get 0.0000% / 8h	1h 23m	$1K	$942K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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

Position, each leg$Hold fordaysFee BitgetbpFee SunXbpOrdersPrice spread, now −0.154%Rate

Funding earned: $488.25
Price spread: −0.154% → −0.004%: −$14.95
Slippage, 4 orders: −$176.75
Fee Bitget: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: $276.54
Costs to cover: 1.968%
Break-even: 3.0 days

Slippage from Bitget: live order book, 4 min ago; SunX: live order book, 69 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 Bitget live order book, 4 min ago	3.21 bp	29.9 bp −$30	42.4 bp −$424	116.9 bp −$11.7K	doesn't fit
Sell SunX live order book, 69 min ago	46.08 bp	65.2 bp −$65	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 AXTIUSDTlong	−0.2325%	8h	78.080	long leg	$1.2M	$3.7M	20x
Aster AXTIUSDT	0.0000%	8h	77.830	−0.321%	$7K	$124K	20x	as long as short
Extended AXTI-USD	0.0000%	1h	77.931	−0.191%	$7K	$210K	10x	as long as short
Binance AXTIUSDT	0.0000%	8h	77.950	−0.166%	$8.3M	$35.0M	20x	as long as short
Bybit AXTIUSDT	0.0000%	8h	77.930	−0.192%	$1.8M	$1.3M	25x	as long as short
OKX AXTI-USDT-SWAP	0.0000%	8h	77.910	−0.218%	$2.6M	$11.2M	20x	as long as short
Gate AXTI_USDT	0.0000%	8h	77.920	−0.205%	$1.6M	$6.1M	50x	as long as short
GRVT AXTI_USDT_Perp	0.0000%	8h	77.665	−0.532%	$298	$203K	10x	as long as short
SunX AXTI-USDTshort	0.0000%	8h	77.960	−0.154%	$1K	$942K	10x
HTX AXTI-USDT	0.0000%	8h	77.970	−0.141%	$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	77.950	−0.166%	$1.1M	$1.8M	10x	as long as short
Lighter AXTI	+0.0032%	1h	77.930	−0.192%	—	—	10x	as long as short
KuCoin AXTIUSDTM	+0.0100%	8h	77.850	−0.295%	$599K	$510K	20x	as long as short
Aevo AXTI-PERP	+0.0104%	1h	77.878	−0.259%	—	—	10x	as long as short