Funding arb · Price arb /

AXTI

RWAall AXTI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.015%

Price spread now: KuCoin against Extended+0.107%7-day average −0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs−$452as in the Funding arb table

Net, price: spread back to 7d avg − costs−$450as in the Price arb table

costs, in and out, $10k−$4624.620% of the position

Long on Extended Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.103%+$10 on $10k

Price spread, last 4 days (all we have)+0.030%+$3 · spread now +0.107%, 7d avg −0.012%

Together, before fees+0.133%+ Points / potential airdropExtended: Active · farm board+$13 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: KuCoin is 0.119% dearer against Extended than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.012%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended AXTI-USD	81.283	0.0104	pay 0.0013% / 1h	57m 16s	$7K	$207K	10x
Short	KuCoin AXTIUSDTM	81.370	0.0100	get 0.0100% / 8h	6h 57m	$641K	$364K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.107%Rate

Funding earned: −$0.84
Price spread: +0.107% → −0.012%: $11.92
Slippage, 4 orders: −$444.98
Fee Extended: 2.5 bp × 2 orders: −$5
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$450.9
Costs to cover: 4.620%
Break-even: never at this rate

Slippage from Extended: live order book, 9 min ago; KuCoin: live order book, 56 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, 9 min ago	4.16 bp	20.9 bp −$21	140.0 bp −$1,400	doesn't fit	doesn't fit
Sell KuCoin live order book, 56 min ago	23.33 bp	189.6 bp −$190	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
Aster AXTIUSDT	0.0000%	8h	81.380	+0.120%	$8K	$124K	20x	as long as short
Bybit AXTIUSDT	0.0000%	8h	81.350	+0.083%	$1.9M	$1.3M	25x	as long as short
OKX AXTI-USDT-SWAP	0.0000%	8h	81.240	−0.052%	$2.7M	$10.3M	20x	as long as short
Gate AXTI_USDT	0.0000%	8h	81.280	−0.003%	$2.3M	$5.0M	50x	as long as short
Bitget AXTIUSDT	0.0000%	8h	81.320	+0.046%	$1.7M	$3.2M	20x	as long as short
SunX AXTI-USDT	0.0000%	8h	81.340	+0.071%	$966	$1.1M	10x	as long as short
HTX AXTI-USDT	0.0000%	8h	81.360	+0.095%	$19K	$38K	20x	as long as short
QFEX AXTI-USD	+0.0015%	1h	81.260	−0.028%	$1.1M	$2.9M	10x	as long as short
Lighter AXTI	+0.0032%	1h	81.430	+0.181%	—	—	10x	as long as short
KuCoin AXTIUSDTMshort	+0.0100%	8h	81.370	+0.107%	$641K	$364K	20x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance AXTIUSDT	+0.0101%	8h	81.307	+0.030%	$9.1M	$33.3M	20x	as long as short
Extended AXTI-USDlong	+0.0104%	1h	81.283	long leg	$7K	$207K	10x
Aevo AXTI-PERP	+0.0104%	1h	81.349	+0.082%	—	—	10x	as long as short
GRVT AXTI_USDT_Perp	+0.0163%	8h	81.560	+0.341%	$64	$173K	10x	as long as short