Funding arb · Price arb /

AKE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0180%/8h= −19.7% APRpaid last 24h −0.213%

Price spread now: Aster against Binance−0.187%7-day average +0.054% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$137as in the Price arb table

costs, in and out, $10k−$1131.132% of the position

Long on Binance Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.360%−$36 on $10k

Price spread, last 7 days+0.172%+$17 · spread now −0.187%, 7d avg +0.054%

Together, before fees−0.188%+ Points / potential airdropAster: Stage 5 · farm board−$19 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Aster is 0.241% cheaper against Binance than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of +0.054%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance AKEUSDT	0.05451	0.0280	pay 0.0140% / 4h	1h 39m	$27.7M	$509.0M	10x
Short	Aster AKEUSDT	0.05441	0.0100	get 0.0013% / 1h	39m 30s	$617K	$3.8M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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 BinancebpFee AsterbpOrdersPrice spread, now −0.187%Rate

Funding earned: −$37.73
Price spread: −0.187% → +0.054%: −$24.08
Slippage, 4 orders: −$95.16
Fee Binance: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$174.98
Costs to cover: 1.132%
Break-even: never at this rate

Slippage from Binance: live order book, 4 min ago; Aster: live order book, 4 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 Binance live order book, 4 min ago	0.09 bp	12.3 bp −$12	103.4 bp −$1,034	doesn't fit	doesn't fit
Sell Aster live order book, 4 min ago	7.10 bp	41.2 bp −$41	246.7 bp −$2,467	doesn't fit	doesn't fit

AKE 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 AKEUSDTshort	+0.0100%	1h	0.05441	−0.187%	$617K	$3.8M	5x
SunX AKE-USDT	+0.0100%	1h	0.05443	−0.150%	—	$692K	10x	as long as short
HTX AKE-USDT	+0.0100%	1h	0.05446	−0.097%	$163K	$1.8M	10x	as long as short
Bitget AKEUSDT	+0.0144%	1h	0.05457	+0.116%	$2.1M	$47.4M	10x	as long as short
KuCoin AKEUSDTM	+0.0210%	4h	0.05442	−0.169%	$7.8M	$45.0M	10x	as long as short
Binance AKEUSDTlong	+0.0280%	4h	0.05451	long leg	$27.7M	$509.0M	10x
Extended AKE-USD	+0.0280%	1h	0.05441	−0.186%	$74K	$441K	5x	as long as short
MEXC AKE_USDT	+0.0280%	4h	0.05462	+0.195%	$13.4M	$36.4M	20x	as long as short
edgeX 1000AKEUSDC	+0.0282%	4h	0.05429	−0.399%	$237K	$1.3M	5x	as long as short
Gate AKE_USDT	+0.0904%	4h	0.05440	−0.196%	$5.7M	$84.9M	25x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX AKE-USDT	+0.0932%	4h	0.05448	−0.053%	—	$10.6M	—	as long as short
OKX AKE-USDT-SWAP	+0.0955%	4h	0.05464	+0.239%	$4.8M	$459.8M	20x	as long as short
Bybit AKEUSDT	+0.2786%	1h	0.05460	+0.170%	$17.7M	$184.0M	25x	as long as short
Variational Omni AKE	+0.3172%	1h	0.05469	+0.322%	$155K	$833K	—	as long as short