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% APRpaid last 24h −0.003%

Price spread now: Bybit against Extended+0.028%7-day average +0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$111as in the Funding arb table

Net, price: spread back to 7d avg − costs−$106as in the Price arb table

costs, in and out, $10k−$1081.076% of the position

Long on Extended Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.038%−$4 on $10k

Price spread, last 4 days (all we have)−0.017%−$2 · spread now +0.028%, 7d avg +0.006%

Together, before fees−0.055%+ Points / potential airdropExtended: Active · farm board−$5 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: Bybit is 0.021% dearer against Extended than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.006%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended AXTI-USD	78.298	0	get 0.0000% / 1h	36m 03s	$7K	$295K	10x
Short	Bybit AXTIUSDT	78.320	0	get 0.0000% / 8h	36m 03s	$1.8M	$1.4M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Extended. 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 ExtendedbpFee BybitbpOrdersPrice spread, now +0.028%Rate

Funding earned: $0
Price spread: +0.028% → +0.006%: $2.13
Slippage, 4 orders: −$91.64
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$105.52
Costs to cover: 1.076%
Break-even: never at this rate

Slippage from Extended: live order book, 65 min ago; Bybit: live order book, 5 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 Extended live order book, 65 min ago	5.40 bp	22.5 bp −$22	171.5 bp −$1,715	doesn't fit	doesn't fit
Sell Bybit live order book, 5 min ago	5.09 bp	29.2 bp −$29	241.9 bp −$2,419	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	−0.1738%	8h	78.410	+0.142%	$1.1M	$3.8M	20x	as long as short
Aster AXTIUSDT	0.0000%	8h	78.301	+0.004%	$7K	$124K	20x	as long as short
Extended AXTI-USDlong	0.0000%	1h	78.298	long leg	$7K	$295K	10x
Binance AXTIUSDT	0.0000%	8h	78.314	+0.020%	$8.2M	$35.4M	20x	as long as short
Bybit AXTIUSDTshort	0.0000%	8h	78.320	+0.028%	$1.8M	$1.4M	25x
OKX AXTI-USDT-SWAP	0.0000%	8h	78.260	−0.049%	$2.6M	$11.4M	20x	as long as short
Gate AXTI_USDT	0.0000%	8h	78.320	+0.028%	$1.6M	$6.2M	50x	as long as short
GRVT AXTI_USDT_Perp	0.0000%	8h	78.530	+0.296%	$156	$205K	10x	as long as short
SunX AXTI-USDT	0.0000%	8h	78.330	+0.040%	$1K	$937K	10x	as long as short
HTX AXTI-USDT	0.0000%	8h	78.470	+0.219%	$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	+0.0011%	1h	78.290	−0.011%	$1.1M	$1.9M	10x	as long as short
Lighter AXTI	+0.0032%	1h	78.280	−0.024%	—	—	10x	as long as short
KuCoin AXTIUSDTM	+0.0100%	8h	78.320	+0.028%	$603K	$496K	20x	as long as short
Aevo AXTI-PERP	+0.0104%	1h	78.328	+0.038%	—	—	10x	as long as short