Settings8H · net · $10k
Funding arb · Price arb /

AXTI

RWAall AXTI markets
SwapBacktest
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: Bybit against SunX−0.115%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$169as in the Funding arb table
Net, price: spread back to 7d avg − costs−$181as in the Price arb table
costs, in and out, $10k−$1721.720% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.025%+$3 on $10k
Price spread, last 4 days (all we have)+0.010%+$1 · spread now −0.115%, 7d avg −0.026%
Together, before fees+0.035%+$4 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: Bybit is 0.090% cheaper against SunX than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.026%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX AXTI-USDT78.0400get 0.0000% / 8h1h 46m$1K$946K10x
ShortBybit AXTIUSDT77.9500get 0.0000% / 8h1h 46m$1.8M$1.3M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against SunX. 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

Funding earned
$0
Price spread: −0.115% → −0.026%
−$8.97
Slippage, 4 orders
−$152.96
Fee SunX: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$180.93
Costs to cover
1.720%
Break-even
never at this rate
Slippage from SunX: live order book, 46 min ago; Bybit: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 46 min ago46.08 bp64.5 bp −$65doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago4.48 bp26.0 bp −$26176.7 bp −$1,767doesn't fitdoesn't fit

AXTI on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AXTIUSDT−0.2076%8h78.080+0.051%$1.4M$3.5M20xas long as short
Aster AXTIUSDT0.0000%8h77.969−0.091%$7K$124K20xas long as short
Extended AXTI-USD0.0000%1h77.946−0.120%$7K$212K10xas long as short
Binance AXTIUSDT0.0000%8h77.960−0.102%$8.4M$34.5M20xas long as short
Bybit AXTIUSDTshort0.0000%8h77.950−0.115%$1.8M$1.3M25x
OKX AXTI-USDT-SWAP0.0000%8h77.870−0.218%$2.7M$10.8M20xas long as short
Gate AXTI_USDT0.0000%8h77.920−0.154%$1.7M$5.8M50xas long as short
GRVT AXTI_USDT_Perp0.0000%8h78.137+0.125%$837$198K10xas long as short
SunX AXTI-USDTlong0.0000%8h78.040long leg$1K$946K10x
HTX AXTI-USDT0.0000%8h77.990−0.064%$19K$44K20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX AXTI-USD+0.0025%1h78.0400.000%$1.1M$1.9M10xas long as short
Lighter AXTI+0.0032%1h77.980−0.077%10xas long as short
KuCoin AXTIUSDTM+0.0100%8h77.990−0.064%$602K$519K20xas long as short
Aevo AXTI-PERP+0.0104%1h77.951−0.114%10xas long as short