Funding arb · Price arb /

AXTI

RWAall AXTI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against OKX−0.086%7-day average +0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$79as in the Funding arb table

Net, price: spread back to 7d avg − costs−$85as in the Price arb table

costs, in and out, $10k−$760.762% of the position

Long on OKX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.029%−$3 on $10k

Price spread, last 7 days+0.115%+$12 · spread now −0.086%, 7d avg +0.005%

Together, before fees+0.086%+$9 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: Gate is 0.091% cheaper against OKX than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.005%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX AXTI-USDT-SWAP	81.100	0	get 0.0000% / 8h	6h 16m	$2.7M	$10.0M	20x
Short	Gate AXTI_USDT	81.030	0	get 0.0000% / 8h	6h 16m	$2.3M	$5.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against OKX. 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 OKXbpFee GatebpOrdersPrice spread, now −0.086%Rate

Funding earned: $0
Price spread: −0.086% → +0.005%: −$9.14
Slippage, 4 orders: −$51.17
Fee OKX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$85.31
Costs to cover: 0.762%
Break-even: never at this rate

Slippage from OKX: live order book, 1 min ago; Gate: live order book, 2 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 OKX live order book, 1 min ago	1.85 bp	11.8 bp −$12	46.8 bp −$468	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	3.70 bp	33.6 bp −$34	62.8 bp −$628	115.3 bp −$11.5K	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	81.054	−0.057%	$8K	$124K	20x	as long as short
Bybit AXTIUSDT	0.0000%	8h	81.100	0.000%	$1.9M	$1.3M	25x	as long as short
OKX AXTI-USDT-SWAPlong	0.0000%	8h	81.100	long leg	$2.7M	$10.0M	20x
Gate AXTI_USDTshort	0.0000%	8h	81.030	−0.086%	$2.3M	$5.1M	50x
Bitget AXTIUSDT	0.0000%	8h	81.100	0.000%	$1.7M	$3.2M	20x	as long as short
GRVT AXTI_USDT_Perp	0.0000%	8h	80.979	−0.150%	$497	$171K	10x	as long as short
SunX AXTI-USDT	0.0000%	8h	81.060	−0.049%	$937	$1.0M	10x	as long as short
HTX AXTI-USDT	0.0000%	8h	80.970	−0.160%	$20K	$40K	20x	as long as short
QFEX AXTI-USD	+0.0015%	1h	81.120	+0.025%	$1.1M	$2.7M	10x	as long as short
Lighter AXTI	+0.0032%	1h	81.090	−0.012%	—	—	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance AXTIUSDT	+0.0052%	8h	81.110	+0.012%	$9.0M	$33.2M	20x	as long as short
Extended AXTI-USD	+0.0056%	1h	81.049	−0.063%	$7K	$210K	10x	as long as short
KuCoin AXTIUSDTM	+0.0100%	8h	81.080	−0.025%	$636K	$385K	20x	as long as short
Aevo AXTI-PERP	+0.0104%	1h	81.110	+0.012%	—	—	10x	as long as short