Funding arb · Price arb /

AKE

all AKE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0352%/8h= −38.5% APRpaid last 24h −0.992%

Price spread now: Aster against BingX−0.080%7-day average +0.193% · 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−$133as in the Price arb table

costs, in and out, $10k−$1061.061% of the position

Long on BingX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.944%−$94 on $10k

Price spread, last 7 days+0.095%+$10 · spread now −0.080%, 7d avg +0.193%

Together, before fees−0.849%+ Points / potential airdropAster: Stage 5 · farm board−$85 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Aster is 0.273% cheaper against BingX than usual: you would sell low and buy high (−$27 if the spread goes back to its 7-day average of +0.193%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX AKE-USDT	0.05751	0.0452	pay 0.0226% / 4h	58m 22s	—	$11.0M	—
Short	Aster AKEUSDT	0.05746	0.0100	get 0.0013% / 1h	58m 22s	$685K	$3.7M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against BingX. 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 BingXbpFee AsterbpOrdersPrice spread, now −0.080%Rate

Funding earned: −$73.92
Price spread: −0.080% → +0.193%: −$27.34
Slippage, 4 orders: −$88.05
Fee BingX: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$207.31
Costs to cover: 1.061%
Break-even: never at this rate

Slippage from BingX: live order book, 10 min ago; Aster: live order book, 5 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 BingX live order book, 10 min ago	0.93 bp	15.6 bp −$16	69.6 bp −$696	444.5 bp −$44.4K	doesn't fit
Sell Aster live order book, 5 min ago	6.12 bp	42.2 bp −$42	275.0 bp −$2,750	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	0.05746	−0.080%	$685K	$3.7M	5x
SunX AKE-USDT	+0.0100%	4h	0.05746	−0.080%	—	$738K	10x	as long as short
HTX AKE-USDT	+0.0100%	4h	0.05660	−1.568%	$169K	$1.7M	10x	as long as short
Bitget AKEUSDT	+0.0176%	4h	0.05752	+0.027%	$2.2M	$44.2M	10x	as long as short
edgeX 1000AKEUSDC	+0.0327%	4h	0.05467	−4.938%	$239K	$1.3M	5x	as long as short
MEXC AKE_USDT	+0.0334%	4h	0.05754	+0.056%	$14.9M	$34.8M	20x	as long as short
Variational Omni AKE	+0.0341%	1h	0.05467	−4.929%	$166K	$676K	—	as long as short
Gate AKE_USDT	+0.0362%	4h	0.05744	−0.115%	$5.5M	$82.7M	25x	as long as short
Extended AKE-USD	+0.0392%	1h	0.05754	+0.059%	$78K	$286K	5x	as long as short
Binance AKEUSDT	+0.0396%	4h	0.05742	−0.157%	$29.4M	$496.8M	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin AKEUSDTM	+0.0398%	4h	0.05746	−0.080%	$8.3M	$43.2M	10x	as long as short
BingX AKE-USDTlong	+0.0452%	4h	0.05751	long leg	—	$11.0M	—
OKX AKE-USDT-SWAP	+0.0481%	4h	0.05741	−0.167%	$5.0M	$471.9M	20x	as long as short
Bybit AKEUSDT	+1.2727%	1h	0.05745	−0.099%	$18.1M	$180.3M	25x	as long as short