Funding arb · Price arb /

AXTI

RWAall AXTI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h —

Price spread now: SunX against Lighter+0.051%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 SunX

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

The price spread pays, funding is against you. SunX is 0.051% dearer against Lighter than usual: you sell high and buy low (spread +0.051% 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 5.4 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	40m 01s	—	—	10x
Short	SunX AXTI-USDT	77.820	0	get 0.0000% / 8h	1h 40m	$1K	$944K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.051%Rate

Funding earned: −$6.72
Price spread: +0.051% → 0.000%: $5.14
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee SunX: 4 bp × 2 orders: −$8
Net: −$9.58
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Lighter: no order-book sample; SunX: live order book, 53 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 SunX live order book, 53 min ago	46.08 bp	65.2 bp −$65	doesn't fit	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	−0.2140%	8h	77.900	+0.154%	$1.3M	$3.6M	20x	as long as short
Aster AXTIUSDT	0.0000%	8h	77.747	−0.043%	$7K	$124K	20x	as long as short
Extended AXTI-USD	0.0000%	1h	77.813	+0.042%	$7K	$212K	10x	as long as short
Binance AXTIUSDT	0.0000%	8h	77.780	0.000%	$8.3M	$34.6M	20x	as long as short
Bybit AXTIUSDT	0.0000%	8h	77.760	−0.026%	$1.8M	$1.3M	25x	as long as short
OKX AXTI-USDT-SWAP	0.0000%	8h	77.730	−0.064%	$2.7M	$10.8M	20x	as long as short
Gate AXTI_USDT	0.0000%	8h	77.780	0.000%	$1.7M	$5.8M	50x	as long as short
GRVT AXTI_USDT_Perp	0.0000%	8h	78.039	+0.333%	$142	$199K	10x	as long as short
SunX AXTI-USDTshort	0.0000%	8h	77.820	+0.051%	$1K	$944K	10x
HTX AXTI-USDT	0.0000%	8h	77.840	+0.077%	$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	+0.0025%	1h	77.840	+0.077%	$1.1M	$1.8M	10x	as long as short
Lighter AXTIlong	+0.0032%	1h	77.780	long leg	—	—	10x
KuCoin AXTIUSDTM	+0.0100%	8h	77.800	+0.026%	$601K	$515K	20x	as long as short
Aevo AXTI-PERP	+0.0104%	1h	77.799	+0.024%	—	—	10x	as long as short