Funding arb · Price arb /

AXTI

RWAall AXTI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.04 per $10,000 · paid last 24h —

Price spread now: Extended against Lighter+0.049%7-day average — · you sell dearer than you buy

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

Long on Lighter Short on Extended

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 · Extended: Active · farm boardneeds both histories

The price spread pays, funding is against you. Extended is 0.049% dearer against Lighter than usual: you sell high and buy low (spread +0.049% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter AXTI	77.780	0.0032	pay 0.0004% / 1h	26m 42s	—	—	10x
Short	Extended AXTI-USD	77.818	0	get 0.0000% / 1h	26m 42s	$6K	$207K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Lighter. 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 LighterbpFee ExtendedbpOrdersPrice spread, now +0.049%Rate

Funding earned: −$6.72
Price spread: +0.049% → 0.000%: $4.91
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$6.81
Costs to cover: 0.050%
Break-even: never at this rate

Slippage unknown: Lighter: no order-book sample; Extended: live order book, 20 min ago. 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 Lighter no order-book sample	—	—	—	—	—
Sell Extended live order book, 20 min ago	2.61 bp	19.7 bp −$20	166.1 bp −$1,661	doesn't fit	doesn't fit

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
Bitget AXTIUSDT	−0.2055%	8h	77.960	+0.231%	$1.5M	$3.4M	20x	as long as short
Aster AXTIUSDT	0.0000%	8h	77.843	+0.081%	$7K	$124K	20x	as long as short
Extended AXTI-USDshort	0.0000%	1h	77.818	+0.049%	$6K	$207K	10x
Binance AXTIUSDT	0.0000%	8h	77.890	+0.141%	$8.4M	$34.1M	20x	as long as short
Bybit AXTIUSDT	0.0000%	8h	77.840	+0.077%	$1.8M	$1.3M	25x	as long as short
OKX AXTI-USDT-SWAP	0.0000%	8h	77.810	+0.039%	$2.6M	$10.5M	20x	as long as short
Gate AXTI_USDT	0.0000%	8h	77.810	+0.039%	$1.7M	$5.8M	50x	as long as short
GRVT AXTI_USDT_Perp	0.0000%	8h	78.090	+0.399%	$237	$193K	10x	as long as short
SunX AXTI-USDT	0.0000%	8h	77.990	+0.270%	$1K	$975K	10x	as long as short
HTX AXTI-USDT	0.0000%	8h	77.910	+0.167%	$19K	$41K	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	+0.0017%	1h	77.880	+0.129%	$1.1M	$2.0M	10x	as long as short
Lighter AXTIlong	+0.0032%	1h	77.780	long leg	—	—	10x
KuCoin AXTIUSDTM	+0.0100%	8h	77.830	+0.064%	$601K	$518K	20x	as long as short
Aevo AXTI-PERP	+0.0104%	1h	77.807	+0.034%	—	—	10x	as long as short