Funding arb · Price arb /

AXTI

RWAall AXTI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h —

Price spread now: Lighter against Gate−0.086%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Gate Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Funding pays, the price is against you. Lighter is 0.086% cheaper against Gate than usual: you would sell low and buy high (spread −0.086% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 8.9 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate AXTI_USDT	81.570	0	get 0.0000% / 8h	7h 02m	$2.3M	$5.2M	50x
Short	Lighter AXTI	81.500	0.0032	get 0.0004% / 1h	2m 54s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Gate. 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 GatebpFee LighterbpOrdersPrice spread, now −0.086%Rate

Funding earned: $6.72
Price spread: −0.086% → 0.000%: −$8.58
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Lighter: 0 bp × 2 orders: $0
Net: −$16.86
Costs to cover: 0.150%
Break-even: 24.6 days

Slippage unknown: Gate: live order book, just now; Lighter: no order-book sample. Net counts fees only.

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 Gate live order book, just now	1.84 bp	33.2 bp −$33	46.8 bp −$468	77.3 bp −$7,725	doesn't fit
Sell Lighter no order-book sample	—	—	—	—	—

Lighter: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	81.535	−0.043%	$8K	$124K	20x	as long as short
Bybit AXTIUSDT	0.0000%	8h	81.550	−0.025%	$1.9M	$1.3M	25x	as long as short
OKX AXTI-USDT-SWAP	0.0000%	8h	81.560	−0.012%	$2.8M	$10.4M	20x	as long as short
Gate AXTI_USDTlong	0.0000%	8h	81.570	long leg	$2.3M	$5.2M	50x
Bitget AXTIUSDT	0.0000%	8h	81.600	+0.037%	$1.7M	$3.3M	20x	as long as short
SunX AXTI-USDT	0.0000%	8h	81.800	+0.282%	$897	$1.1M	10x	as long as short
HTX AXTI-USDT	0.0000%	8h	81.710	+0.172%	$19K	$38K	20x	as long as short
Lighter AXTIshort	+0.0032%	1h	81.500	−0.086%	—	—	10x
QFEX AXTI-USD	+0.0039%	1h	81.710	+0.172%	$1.1M	$2.9M	10x	as long as short
KuCoin AXTIUSDTM	+0.0100%	8h	81.530	−0.049%	$644K	$364K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aevo AXTI-PERP	+0.0104%	1h	81.581	+0.014%	—	—	10x	as long as short
Binance AXTIUSDT	+0.0108%	8h	81.557	−0.016%	$9.1M	$33.3M	20x	as long as short
Extended AXTI-USD	+0.0112%	1h	81.538	−0.039%	$7K	$207K	10x	as long as short
GRVT AXTI_USDT_Perp	+0.0198%	8h	81.750	+0.221%	$64	$173K	10x	as long as short