Funding you earn now, next payment 00:00 UTC+0.1103%/8h= +120.8% APRnext payment +$5.51 per $10,000 · paid last 24h −0.145%
Price spread now: OKX against Binance+0.147%7-day average −0.343% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$6as in the Price arb table
costs, in and out, $10k−$550.554% of the position
Funding, last 6 days (all we have)+1.355%+$136 on $10k
+Price spread, last 6 days (all we have)−0.198%−$20 · spread now +0.147%, 7d avg −0.343%
=Both sides work for this trade now. Funding pays +$33 a day on $10k at the current rate, and OKX is 0.489% dearer against Binance than usual: you sell high and buy low: +$49 more if the spread goes back to its 7-day average of −0.343%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance AKEUSDT | 0.05725 | 0.0322 | pay 0.0161% / 4h | 32m 16s | $29.0M | $507.2M | 10x |
| Short | OKX AKE-USDT-SWAP | 0.05733 | 0.1424 | get 0.0712% / 4h | 32m 16s | $5.1M | $480.9M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $231.6
- Price spread: +0.147% → −0.343%
- $48.95
- Slippage, 4 orders
- −$35.39
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $225.16
- Costs to cover
- 0.554%
- Break-even
- 0.2 days
Slippage from Binance: live order book, 12 min ago; OKX: 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, 12 min ago | 0.18 bp | 13.7 bp −$14 | 92.4 bp −$924 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 0.87 bp | 12.7 bp −$13 | 64.9 bp −$649 | 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 | 0.05724 | −0.010% | $645K | $3.7M | 5x | as long as short |
| edgeX 1000AKEUSDC | +0.0293% | 4h | 0.05684 | −0.704% | $249K | $1.3M | 5x | as long as short |
| MEXC AKE_USDT | +0.0310% | 4h | 0.05726 | +0.028% | $14.3M | $36.3M | 20x | as long as short |
| Extended AKE-USD | +0.0320% | 1h | 0.05722 | −0.050% | $78K | $427K | 5x | as long as short |
| Binance AKEUSDTlong | +0.0322% | 4h | 0.05725 | long leg | $29.0M | $507.2M | 10x | |
| KuCoin AKEUSDTM | +0.0324% | 4h | 0.05728 | +0.058% | $8.2M | $44.8M | 10x | as long as short |
| SunX AKE-USDT | +0.0400% | 1h | 0.05720 | −0.089% | — | $701K | 10x | as long as short |
| HTX AKE-USDT | +0.0400% | 1h | 0.05730 | +0.095% | $171K | $1.8M | 10x | as long as short |
| Bitget AKEUSDT | +0.0720% | 1h | 0.05727 | +0.034% | $2.2M | $47.2M | 10x | as long as short |
| Gate AKE_USDT | +0.1046% | 4h | 0.05724 | −0.013% | $6.0M | $84.7M | 25x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX AKE-USDT-SWAPshort | +0.1424% | 4h | 0.05733 | +0.147% | $5.1M | $480.9M | 20x | |
| BingX AKE-USDT | +0.1470% | 4h | 0.05723 | −0.024% | — | $10.6M | — | as long as short |
| Variational Omni AKE | +0.6107% | 1h | 0.05680 | −0.782% | $160K | $768K | — | as long as short |
| Bybit AKEUSDT | +0.7397% | 1h | 0.05726 | +0.023% | $18.4M | $183.4M | 25x | as long as short |
Binance AKEUSDT
OKX AKE-USDT-SWAP
Aster AKEUSDT
edgeX 1000AKEUSDC
MEXC AKE_USDT
Extended AKE-USD
KuCoin AKEUSDTM
SunX AKE-USDT
HTX AKE-USDT
Bitget AKEUSDT
Gate AKE_USDT
BingX AKE-USDT
Variational Omni AKE
Bybit AKEUSDT