Settings8H · net · $10k
Funding arb · Price arb /

AKE

all AKE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0842%/8h= −92.2% APRnext payment $4.21 per $10,000 · paid last 24h −0.754%
Price spread now: Binance against BingX−0.086%7-day average +0.150% · you buy dearer than you sell
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$600.601% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.273%−$27 on $10k
Price spread, last 7 days+0.013%+$1 · spread now −0.086%, 7d avg +0.150%
Together, before fees−0.259%−$26 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$25 a day on $10k at the current rate, and Binance is 0.236% cheaper against BingX than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of +0.150%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.273% in total (about -14.2% a year). A funding rate is set anew for every payment; at this rate the next one is about $4.21 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX AKE-USDT0.058420.1212pay 0.0606% / 4h2h 12m$10.7M
ShortBinance AKEUSDT0.058370.0370get 0.0185% / 4h2h 12m$29.6M$499.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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

Funding earned
−$176.79
Price spread: −0.086% → +0.150%
−$23.6
Slippage, 4 orders
−$40.1
Fee BingX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$260.48
Costs to cover
0.601%
Break-even
never at this rate
Slippage from BingX: live order book, 11 min ago; Binance: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 11 min ago0.09 bp19.2 bp −$1974.2 bp −$742313.2 bp −$31.3K1044.2 bp −$522.1K
Sell Binance live order book, 2 min ago0.43 bp16.9 bp −$1776.2 bp −$762doesn't fitdoesn't fit

AKE on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster AKEUSDT+0.0100%1h0.05836−0.096%$703K$3.7M5xas long as short
SunX AKE-USDT+0.0100%4h0.05848+0.101%$713K10xas long as short
HTX AKE-USDT+0.0100%4h0.05851+0.152%$174K$1.8M10xas long as short
Bitget AKEUSDT+0.0328%1h0.05843+0.016%$2.2M$45.2M10xas long as short
Extended AKE-USD+0.0368%1h0.05844+0.040%$80K$287K5xas long as short
MEXC AKE_USDT+0.0370%4h0.05840−0.029%$15.4M$35.8M20xas long as short
Binance AKEUSDTshort+0.0370%4h0.05837−0.086%$29.6M$499.0M10x
edgeX 1000AKEUSDC+0.0386%4h0.05836−0.100%$255K$1.3M5xas long as short
KuCoin AKEUSDTM+0.0706%4h0.05842+0.003%$8.3M$43.8M10xas long as short
Gate AKE_USDT+0.0726%4h0.05843+0.012%$5.9M$82.6M25xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX AKE-USDT-SWAP+0.1189%4h0.05834−0.135%$5.4M$479.9M20xas long as short
BingX AKE-USDTlong+0.1212%4h0.05842long leg$10.7M
Variational Omni AKE+0.1860%1h0.05859+0.297%$175K$694Kas long as short
Bybit AKEUSDT+0.2108%1h0.05833−0.159%$18.6M$181.1M25xas long as short