Funding arb · Price arb /

AKE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0324%/8h= −35.5% APRpaid last 24h −0.611%

Price spread now: Extended against BingX−0.208%7-day average +0.156% · you buy dearer than you sell

Net, funding: paid 7d − costs−$46as in the Funding arb table

Net, price: spread back to 7d avg − costs−$117as in the Price arb table

costs, in and out, $10k−$810.807% of the position

Long on BingX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.351%+$35 on $10k

Price spread, last 4 days (all we have)+0.558%+$56 · spread now −0.208%, 7d avg +0.156%

Together, before fees+0.909%+ Points / potential airdropExtended: Active · farm board+$91 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Extended is 0.364% cheaper against BingX than usual: you would sell low and buy high (−$36 if the spread goes back to its 7-day average of +0.156%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.351%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX AKE-USDT	0.05433	0.0476	pay 0.0238% / 4h	1h 09m	—	$10.2M	—
Short	Extended AKE-USD	0.05422	0.0152	get 0.0019% / 1h	9m 02s	$61K	$125K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against BingX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 ExtendedbpOrdersPrice spread, now −0.208%Rate

Funding earned: −$68.04
Price spread: −0.208% → +0.156%: −$36.39
Slippage, 4 orders: −$65.71
Fee BingX: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$185.15
Costs to cover: 0.807%
Break-even: never at this rate

Slippage from BingX: live order book, 14 min ago; Extended: live order book, 31 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, 14 min ago	0.99 bp	12.4 bp −$12	67.1 bp −$671	427.4 bp −$42.7K	1225.5 bp −$612.8K
Sell Extended live order book, 31 min ago	2.67 bp	26.7 bp −$27	278.9 bp −$2,789	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	−0.0111%	1h	0.05421	−0.232%	$709K	$3.1M	5x	as long as short
KuCoin AKEUSDTM	+0.0100%	4h	0.05427	−0.119%	$7.7M	$36.4M	10x	as long as short
SunX AKE-USDT	+0.0100%	4h	0.05430	−0.066%	—	$706K	10x	as long as short
HTX AKE-USDT	+0.0100%	4h	0.05448	+0.270%	$157K	$1.1M	10x	as long as short
Binance AKEUSDT	+0.0150%	4h	0.05428	−0.088%	$28.2M	$431.7M	10x	as long as short
MEXC AKE_USDT	+0.0150%	4h	0.05435	+0.039%	$16.1M	$31.8M	20x	as long as short
Extended AKE-USDshort	+0.0152%	1h	0.05422	−0.208%	$61K	$125K	5x
edgeX 1000AKEUSDC	+0.0166%	4h	0.05457	+0.430%	$245K	$1.2M	5x	as long as short
Variational Omni AKE	+0.0316%	1h	0.05452	+0.341%	$147K	$539K	—	as long as short
OKX AKE-USDT-SWAP	+0.0354%	4h	0.05431	−0.042%	$4.7M	$365.6M	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget AKEUSDT	+0.0472%	4h	0.05435	+0.035%	$2.1M	$35.3M	10x	as long as short
BingX AKE-USDTlong	+0.0476%	4h	0.05433	long leg	—	$10.2M	—
Gate AKE_USDT	+0.0586%	4h	0.05432	−0.026%	$5.1M	$72.7M	25x	as long as short
Bybit AKEUSDT	+0.1166%	1h	0.05436	+0.049%	$17.5M	$167.7M	25x	as long as short