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−0.0422%/8h= −46.2% APRnext payment $2.11 per $10,000 · paid last 24h −0.676%
Price spread now: Bitget against BingX−1.398%7-day average +0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$295as in the Funding arb table
Net, price: spread back to 7d avg − costs−$260as in the Price arb table
costs, in and out, $10k−$1151.146% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−1.806%−$181 on $10k
Price spread, last 7 days+1.398%+$140 · spread now −1.398%, 7d avg +0.055%
Together, before fees−0.407%−$41 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Bitget is 1.453% cheaper against BingX than usual: you would sell low and buy high (−$145 if the spread goes back to its 7-day average of +0.055%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX AKE-USDT0.055320.0758pay 0.0379% / 4h6m 32s$11.3M
ShortBitget AKEUSDT0.054550.0336get 0.0168% / 4h6m 32s$2.1M$44.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
−$88.62
Price spread: −1.398% → +0.055%
−$145.27
Slippage, 4 orders
−$92.63
Fee BingX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$348.51
Costs to cover
1.146%
Break-even
never at this rate
Slippage from BingX: live order book, 7 min ago; Bitget: 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, 7 min ago2.17 bp14.2 bp −$1472.4 bp −$724395.0 bp −$39.5Kdoesn't fit
Sell Bitget live order book, 2 min ago4.75 bp47.2 bp −$47doesn't fitdoesn'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%1h0.05532+0.009%$643K$3.8M5xas long as short
SunX AKE-USDT+0.0100%4h0.05559+0.484%$752K10xas long as short
HTX AKE-USDT+0.0100%4h0.05582+0.900%$164K$1.7M10xas long as short
Bitget AKEUSDTshort+0.0336%4h0.05455−1.398%$2.1M$44.5M10x
KuCoin AKEUSDTM+0.0426%4h0.05477−0.993%$7.7M$44.0M10xas long as short
Binance AKEUSDT+0.0456%4h0.05479−0.949%$27.6M$510.0M10xas long as short
Extended AKE-USD+0.0496%1h0.05554+0.408%$75K$286K5xas long as short
MEXC AKE_USDT+0.0498%4h0.05440−1.654%$14.1M$35.5M20xas long as short
OKX AKE-USDT-SWAP+0.0520%4h0.05470−1.119%$4.9M$458.7M20xas long as short
Gate AKE_USDT+0.0520%4h0.05548+0.291%$5.2M$85.9M25xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX 1000AKEUSDC+0.0560%4h0.06172+11.565%$270K$1.3M5xas long as short
BingX AKE-USDTlong+0.0758%4h0.05532long leg$11.3M
Bybit AKEUSDT+0.2669%1h0.05472−1.077%$17.2M$184.7M25xas long as short
Variational Omni AKE+0.3290%1h0.06179+11.691%$181K$676Kas long as short