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: SunX against OKX−0.306%57s7-day average +0.042% · you buy dearer than you sell

Net, funding: paid 7d − costs−$161as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1581.578% of the position

Long on OKX Short on SunX

What this pair did over the last

the charts below follow

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

Price spread, last 4 days (all we have)+0.449%+$45 · spread now −0.306%, 7d avg +0.042%

Together, before fees+0.419%+$42 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: SunX is 0.348% cheaper against OKX than usual: you would sell low and buy high, −$35 on $10k if it goes back to its 7-day average of +0.042%. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX AXTI-USDT-SWAP	78.530	0	get 0.0000% / 8h	34m 25s	$2.6M	$11.5M	20x
Short	SunX AXTI-USDT	78.290	0	get 0.0000% / 8h	34m 25s	$1K	$937K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.306%Rate

Funding earned: $0
Price spread: −0.306% → +0.042%: −$34.79
Slippage, 4 orders: −$139.77
Fee OKX: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$192.56
Costs to cover: 1.578%
Break-even: never at this rate

Slippage from OKX: live order book, 4 min ago; SunX: live order book, 48 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, 4 min ago	1.91 bp	12.4 bp −$12	43.0 bp −$430	doesn't fit	doesn't fit
Sell SunX live order book, 48 min ago	45.93 bp	65.1 bp −$65	doesn't fit	doesn't fit	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
Bitget AXTIUSDT	−0.1726%	8h	78.450	−0.102%	$1.1M	$3.8M	20x	as long as short
Aster AXTIUSDT	0.0000%	8h	78.406	−0.158%	$7K	$124K	20x	as long as short
Extended AXTI-USD	0.0000%	1h	78.346	−0.234%	$7K	$295K	10x	as long as short
Binance AXTIUSDT	0.0000%	8h	78.424	−0.135%	$8.3M	$35.4M	20x	as long as short
Bybit AXTIUSDT	0.0000%	8h	78.440	−0.115%	$1.8M	$1.4M	25x	as long as short
OKX AXTI-USDT-SWAPlong	0.0000%	8h	78.530	long leg	$2.6M	$11.5M	20x
Gate AXTI_USDT	0.0000%	8h	78.380	−0.191%	$1.6M	$6.2M	50x	as long as short
GRVT AXTI_USDT_Perp	0.0000%	8h	78.530	0.000%	$156	$205K	10x	as long as short
SunX AXTI-USDTshort	0.0000%	8h	78.290	−0.306%	$1K	$937K	10x
HTX AXTI-USDT	0.0000%	8h	78.470	−0.076%	$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	+0.0011%	1h	78.350	−0.229%	$1.1M	$1.9M	10x	as long as short
Lighter AXTI	+0.0032%	1h	78.350	−0.229%	—	—	10x	as long as short
KuCoin AXTIUSDTM	+0.0100%	8h	78.370	−0.204%	$603K	$496K	20x	as long as short
Aevo AXTI-PERP	+0.0104%	1h	78.302	−0.291%	—	—	10x	as long as short