Funding arb · Price arb /

AXTI

RWAall AXTI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0068%/8h= −7.4% APRpaid last 24h —

Price spread now: Lighter against KuCoin−0.172%7-day average — · you buy dearer than you sell

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

Long on KuCoin 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

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Lighter is 0.172% cheaper against KuCoin than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin AXTIUSDTM	81.250	0.0100	pay 0.0100% / 8h	5h 50m	$637K	$381K	20x
Short	Lighter AXTI	81.110	0.0032	get 0.0004% / 1h	50m 12s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against KuCoin. 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 KuCoinbpFee LighterbpOrdersPrice spread, now −0.172%Rate

Funding earned: −$14.28
Price spread: −0.172% → 0.000%: −$17.23
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Lighter: 0 bp × 2 orders: $0
Net: −$43.51
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 48 min ago; 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 KuCoin live order book, 48 min ago	16.12 bp	216.9 bp −$217	doesn't fit	doesn't fit	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	81.237	−0.016%	$8K	$124K	20x	as long as short
Bybit AXTIUSDT	0.0000%	8h	81.170	−0.098%	$1.9M	$1.3M	25x	as long as short
OKX AXTI-USDT-SWAP	0.0000%	8h	81.130	−0.148%	$2.8M	$9.8M	20x	as long as short
Gate AXTI_USDT	0.0000%	8h	81.170	−0.098%	$2.3M	$5.0M	50x	as long as short
Bitget AXTIUSDT	0.0000%	8h	81.150	−0.123%	$1.7M	$3.2M	20x	as long as short
GRVT AXTI_USDT_Perp	0.0000%	8h	81.181	−0.085%	$858	$171K	10x	as long as short
SunX AXTI-USDT	0.0000%	8h	81.240	−0.012%	$959	$1.0M	10x	as long as short
HTX AXTI-USDT	0.0000%	8h	81.220	−0.037%	$20K	$40K	20x	as long as short
Binance AXTIUSDT	+0.0023%	8h	81.140	−0.135%	$9.0M	$33.1M	20x	as long as short
QFEX AXTI-USD	+0.0024%	1h	81.200	−0.062%	$1.1M	$2.7M	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended AXTI-USD	+0.0024%	1h	81.213	−0.046%	$9K	$207K	10x	as long as short
Lighter AXTIshort	+0.0032%	1h	81.110	−0.172%	—	—	10x
KuCoin AXTIUSDTMlong	+0.0100%	8h	81.250	long leg	$637K	$381K	20x
Aevo AXTI-PERP	+0.0104%	1h	81.242	−0.010%	—	—	10x	as long as short