Funding arb · Price arb /

AKE

all AKE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0121%/8h= −13.3% APRpaid last 24h +0.443%

Price spread now: HTX against Binance+0.185%53s7-day average −0.907% · you sell dearer than you buy

Net, funding: paid 7d − costs−$308as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1931.934% of the position

Long on Binance Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−1.142%−$114 on $10k

Price spread, last 3 days (all we have)−1.837%−$184 · spread now +0.185%, 7d avg −0.907%

Together, before fees−2.980%−$298 on $10k · with fees, hour by hour

The price spread pays, funding is against you. HTX is 1.092% dearer against Binance than usual: you sell high and buy low (spread +0.185% now, against its 7-day average of −0.907%): +$109 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 30 days. At the pace of the last 7 days (−1.142% in total) that is about 6.7 days. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance AKEUSDT	0.05526	0.0221	pay 0.0111% / 4h	1h 11m	$28.1M	$508.9M	10x
Short	HTX AKE-USDT	0.05536	0.0100	get 0.0013% / 1h	1h 11m	$166K	$1.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.185%Rate

Funding earned: −$25.51
Price spread: +0.185% → −0.907%: $109.2
Slippage, 4 orders: −$171.43
Fee Binance: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$109.74
Costs to cover: 1.934%
Break-even: never at this rate

Slippage from Binance: live order book, 2 min ago; HTX: live order book, 2 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, 2 min ago	0.09 bp	16.3 bp −$16	58.1 bp −$581	doesn't fit	doesn't fit
Sell HTX live order book, 2 min ago	65.49 bp	71.6 bp −$72	doesn't fit	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	0.05520	−0.116%	$624K	$3.8M	5x	as long as short
SunX AKE-USDT	+0.0100%	1h	0.05527	+0.007%	—	$695K	10x	as long as short
HTX AKE-USDTshort	+0.0100%	1h	0.05536	+0.185%	$166K	$1.8M	10x
KuCoin AKEUSDTM	+0.0126%	4h	0.05526	+0.003%	$8.0M	$45.0M	10x	as long as short
edgeX 1000AKEUSDC	+0.0216%	4h	0.05533	+0.128%	$242K	$1.3M	5x	as long as short
MEXC AKE_USDT	+0.0220%	4h	0.05527	+0.020%	$13.7M	$36.6M	20x	as long as short
Binance AKEUSDTlong	+0.0221%	4h	0.05526	long leg	$28.1M	$508.9M	10x
Extended AKE-USD	+0.0224%	1h	0.05526	+0.004%	$76K	$429K	5x	as long as short
Bitget AKEUSDT	+0.0368%	1h	0.05528	+0.028%	$2.1M	$47.4M	10x	as long as short
Gate AKE_USDT	+0.0812%	4h	0.05531	+0.080%	$5.8M	$85.3M	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	+0.1080%	4h	0.05527	+0.020%	—	$10.6M	—	as long as short
OKX AKE-USDT-SWAP	+0.1144%	4h	0.05529	+0.052%	$4.9M	$465.1M	20x	as long as short
Variational Omni AKE	+0.3382%	1h	0.05516	−0.182%	$158K	$829K	—	as long as short
Bybit AKEUSDT	+0.4830%	1h	0.05527	+0.013%	$17.8M	$184.1M	25x	as long as short