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 SunX−0.013%7-day average −0.050% · you buy dearer than you sell

Net, funding: paid 7d − costs−$167as in the Funding arb table

Net, price: spread back to 7d avg − costs−$163as in the Price arb table

costs, in and out, $10k−$1671.667% of the position

Long on SunX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.109%−$11 · spread now −0.013%, 7d avg −0.050%

Together, before fees−0.109%−$11 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 0.037% dearer against SunX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.050%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX AXTI-USDT	78.240	0	get 0.0000% / 8h	1h 50m	$1K	$947K	10x
Short	Gate AXTI_USDT	78.230	0	get 0.0000% / 8h	1h 50m	$1.7M	$5.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee SunXbpFee GatebpOrdersPrice spread, now −0.013%Rate

Funding earned: $0
Price spread: −0.013% → −0.050%: $3.73
Slippage, 4 orders: −$143.73
Fee SunX: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$163
Costs to cover: 1.667%
Break-even: never at this rate

Slippage from SunX: live order book, 42 min ago; Gate: live order book, 3 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 SunX live order book, 42 min ago	46.08 bp	64.5 bp −$65	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 3 min ago	2.56 bp	15.5 bp −$15	65.3 bp −$653	108.9 bp −$10.9K	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	−0.2072%	8h	78.420	+0.230%	$1.4M	$3.5M	20x	as long as short
Aster AXTIUSDT	0.0000%	8h	78.167	−0.094%	$7K	$124K	20x	as long as short
Extended AXTI-USD	0.0000%	1h	78.198	−0.054%	$7K	$212K	10x	as long as short
Binance AXTIUSDT	0.0000%	8h	78.256	+0.020%	$8.4M	$34.5M	20x	as long as short
Bybit AXTIUSDT	0.0000%	8h	78.180	−0.077%	$1.8M	$1.3M	25x	as long as short
OKX AXTI-USDT-SWAP	0.0000%	8h	78.300	+0.077%	$2.7M	$10.9M	20x	as long as short
Gate AXTI_USDTshort	0.0000%	8h	78.230	−0.013%	$1.7M	$5.8M	50x
GRVT AXTI_USDT_Perp	0.0000%	8h	78.210	−0.039%	$219	$197K	10x	as long as short
SunX AXTI-USDTlong	0.0000%	8h	78.240	long leg	$1K	$947K	10x
HTX AXTI-USDT	0.0000%	8h	78.100	−0.179%	$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	78.240	0.000%	$1.1M	$1.9M	10x	as long as short
Lighter AXTI	+0.0032%	1h	78.100	−0.179%	—	—	10x	as long as short
KuCoin AXTIUSDTM	+0.0100%	8h	78.180	−0.077%	$603K	$519K	20x	as long as short
Aevo AXTI-PERP	+0.0104%	1h	78.166	−0.095%	—	—	10x	as long as short