Funding you earn now, next payment 00:00 UTC+0.0620%/8h= +67.9% APRnext payment +$3.10 per $10,000 · paid last 24h +0.183%
Price spread now: Gate against Binance−0.084%7-day average +0.120% · you buy dearer than you sell
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$135as in the Price arb table
costs, in and out, $10k−$1141.142% of the position
Funding, last 7 days+0.220%+$22 on $10k
+Price spread, last 7 days+0.065%+$7 · spread now −0.084%, 7d avg +0.120%
=Funding pays, the price is against you. Gate is 0.204% cheaper against Binance than usual: you would sell low and buy high (spread −0.084% now, against its 7-day average of +0.120%). If the spread goes back, that is −$20 on $10k: about 26 hours of funding at the current rate (+$19 a day). At the pace of the last 7 days (+0.220% in total) that is about 6.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.220% in total (about 11.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.10 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance AKEUSDT | 0.05552 | 0.0224 | pay 0.0112% / 4h | 1h 02m | $28.1M | $508.1M | 10x |
| Short | Gate AKE_USDT | 0.05547 | 0.0844 | get 0.0422% / 4h | 1h 02m | $5.8M | $85.4M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $130.13
- Price spread: −0.084% → +0.120%
- −$20.37
- Slippage, 4 orders
- −$89.23
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$4.46
- Costs to cover
- 1.142%
- Break-even
- 7.2 days
Slippage from Binance: live order book, 11 min ago; Gate: live order book, 1 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, 11 min ago | 0.09 bp | 16.3 bp −$16 | 58.1 bp −$581 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 1.73 bp | 39.7 bp −$40 | 113.7 bp −$1,137 | 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 AKEUSDT | +0.0100% | 1h | 0.05538 | −0.251% | $626K | $3.8M | 5x | as long as short |
| SunX AKE-USDT | +0.0100% | 1h | 0.05548 | −0.065% | — | $695K | 10x | as long as short |
| HTX AKE-USDT | +0.0100% | 1h | 0.05527 | −0.443% | $165K | $1.8M | 10x | as long as short |
| KuCoin AKEUSDTM | +0.0202% | 4h | 0.05558 | +0.109% | $8.1M | $44.8M | 10x | as long as short |
| Extended AKE-USD | +0.0224% | 1h | 0.05549 | −0.047% | $76K | $428K | 5x | as long as short |
| MEXC AKE_USDT | +0.0224% | 4h | 0.05552 | +0.007% | $13.9M | $36.6M | 20x | as long as short |
| Binance AKEUSDTlong | +0.0224% | 4h | 0.05552 | long leg | $28.1M | $508.1M | 10x | |
| edgeX 1000AKEUSDC | +0.0227% | 4h | 0.05568 | +0.289% | $244K | $1.3M | 5x | as long as short |
| Bitget AKEUSDT | +0.0488% | 1h | 0.05549 | −0.047% | $2.1M | $47.2M | 10x | as long as short |
| Gate AKE_USDTshort | +0.0844% | 4h | 0.05547 | −0.084% | $5.8M | $85.4M | 25x |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX AKE-USDT | +0.1196% | 4h | 0.05554 | +0.034% | — | $10.6M | — | as long as short |
| OKX AKE-USDT-SWAP | +0.1205% | 4h | 0.05558 | +0.113% | $4.9M | $466.8M | 20x | as long as short |
| Variational Omni AKE | +0.4715% | 1h | 0.05579 | +0.483% | $160K | $798K | — | as long as short |
| Bybit AKEUSDT | +0.5234% | 1h | 0.05551 | −0.007% | $17.9M | $183.7M | 25x | as long as short |
Binance AKEUSDT
Gate AKE_USDT
Aster AKEUSDT
SunX AKE-USDT
HTX AKE-USDT
KuCoin AKEUSDTM
Extended AKE-USD
MEXC AKE_USDT
edgeX 1000AKEUSDC
Bitget AKEUSDT
BingX AKE-USDT
OKX AKE-USDT-SWAP
Variational Omni AKE
Bybit AKEUSDT