Funding arb · Price arb /

AXTI

RWAall AXTI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0005%/8h= −0.5% APRpaid last 24h −0.008%

Price spread now: HTX against QFEX−0.025%7-day average — · you buy dearer than you sell

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

Long on QFEX Short on HTX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.025% cheaper against QFEX than usual: you would sell low and buy high, −$2 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX AXTI-USD	80.390	0.0005	pay 0.0001% / 1h	39m 50s	$1.1M	$2.1M	10x
Short	HTX AXTI-USDT	80.370	0	get 0.0000% / 8h	3h 39m	$20K	$40K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against QFEX. 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 QFEXbpFee HTXbpOrdersPrice spread, now −0.025%Rate

Funding earned: −$0.99
Price spread: −0.025% → 0.000%: −$2.49
Slippage, 4 orders: no order book: not counted
Fee QFEX: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$25.48
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: QFEX: live order book, 2 min ago; HTX: 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 QFEX live order book, 2 min ago	4.96 bp	10.8 bp −$11	22.8 bp −$228	doesn't fit	doesn't fit
Sell HTX no order-book sample	—	—	—	—	—

HTX: 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	80.325	−0.080%	$8K	$124K	20x	as long as short
Extended AXTI-USD	0.0000%	1h	80.348	−0.052%	$9K	$212K	10x	as long as short
Binance AXTIUSDT	0.0000%	8h	80.240	−0.187%	$8.6M	$32.1M	20x	as long as short
Bybit AXTIUSDT	0.0000%	8h	80.230	−0.199%	$1.9M	$1.3M	25x	as long as short
OKX AXTI-USDT-SWAP	0.0000%	8h	80.380	−0.012%	$2.8M	$10.0M	20x	as long as short
Gate AXTI_USDT	0.0000%	8h	80.350	−0.050%	$2.2M	$5.0M	50x	as long as short
Bitget AXTIUSDT	0.0000%	8h	80.360	−0.037%	$1.7M	$3.2M	20x	as long as short
GRVT AXTI_USDT_Perp	0.0000%	8h	80.630	+0.299%	$561	$185K	10x	as long as short
SunX AXTI-USDT	0.0000%	8h	80.650	+0.323%	$874	$987K	10x	as long as short
HTX AXTI-USDTshort	0.0000%	8h	80.370	−0.025%	$20K	$40K	20x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX AXTI-USDlong	+0.0005%	1h	80.390	long leg	$1.1M	$2.1M	10x
Lighter AXTI	+0.0032%	1h	80.210	−0.224%	—	—	10x	as long as short
KuCoin AXTIUSDTM	+0.0100%	8h	80.370	−0.025%	$630K	$485K	20x	as long as short
Aevo AXTI-PERP	+0.0104%	1h	80.371	−0.024%	—	—	10x	as long as short