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−0.0238%/8h= −26.1% APRnext payment $1.19 per $10,000 · paid last 24h −0.561%
Price spread now: Gate against BingX+0.291%7-day average +0.281% · you sell dearer than you buy
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1241.237% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.015%−$2 on $10k
Price spread, last 7 days−0.326%−$33 · spread now +0.291%, 7d avg +0.281%
Together, before fees−0.341%−$34 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.281%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.015% in total (about -0.8% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.19 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-USDT0.055320.0758pay 0.0379% / 4h6m 33s$11.3M
ShortGate AKE_USDT0.055480.0520get 0.0260% / 4h6m 33s$5.2M$85.9M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$49.98
Price spread: +0.291% → +0.281%
$0.96
Slippage, 4 orders
−$98.66
Fee BingX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$172.69
Costs to cover
1.237%
Break-even
never at this rate
Slippage from BingX: live order book, 7 min ago; Gate: 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 Gate live order book, 2 min ago5.35 bp48.0 bp −$48271.8 bp −$2,718doesn'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 AKEUSDT+0.0336%4h0.05455−1.398%$2.1M$44.5M10xas long as short
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_USDTshort+0.0520%4h0.05548+0.291%$5.2M$85.9M25x
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