Funding arb · Price arb /

AKE

all AKE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.1398%/8h= −153.1% APRpaid last 24h −0.278%

Price spread now: HTX against BingX+0.118%7-day average −0.695% · you sell dearer than you buy

Net, funding: paid 7d − costs−$361as in the Funding arb table

Net, price: spread back to 7d avg − costs−$144as in the Price arb table

costs, in and out, $10k−$2252.251% of the position

Long on BingX Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−1.355%−$135 on $10k

Price spread, last 3 days (all we have)−2.002%−$200 · spread now +0.118%, 7d avg −0.695%

Together, before fees−3.357%−$336 on $10k · with fees, hour by hour

The price spread pays, funding is against you. HTX is 0.813% dearer against BingX than usual: you sell high and buy low (spread +0.118% now, against its 7-day average of −0.695%): +$81 on $10k if it goes back. Holding the pair costs −$42 a day in funding at the current rate, which eats that in about 47 hours. At the pace of the last 7 days (−1.355% in total) that is about 4.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX AKE-USDT	0.05723	0.1798	pay 0.0899% / 4h	30m 59s	—	$10.6M	—
Short	HTX AKE-USDT	0.05730	0.0400	get 0.0050% / 1h	30m 59s	$171K	$1.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.118%Rate

Funding earned: −$293.58
Price spread: +0.118% → −0.695%: $81.29
Slippage, 4 orders: −$203.07
Fee BingX: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$437.36
Costs to cover: 2.251%
Break-even: never at this rate

Slippage from BingX: live order book, 7 min ago; HTX: live order book, 3 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, 7 min ago	0.09 bp	15.0 bp −$15	76.3 bp −$763	398.9 bp −$39.9K	993.9 bp −$497.0K
Sell HTX live order book, 3 min ago	48.77 bp	85.8 bp −$86	doesn't fit	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	+0.0100%	1h	0.05716	−0.132%	$644K	$3.8M	5x	as long as short
edgeX 1000AKEUSDC	+0.0311%	4h	0.05744	+0.367%	$252K	$1.3M	5x	as long as short
Binance AKEUSDT	+0.0316%	4h	0.05722	−0.019%	$29.0M	$507.3M	10x	as long as short
Extended AKE-USD	+0.0320%	1h	0.05723	0.000%	$78K	$427K	5x	as long as short
MEXC AKE_USDT	+0.0320%	4h	0.05728	+0.084%	$14.3M	$36.3M	20x	as long as short
KuCoin AKEUSDTM	+0.0330%	4h	0.05718	−0.093%	$8.2M	$44.8M	10x	as long as short
SunX AKE-USDT	+0.0400%	1h	0.05724	+0.012%	—	$701K	10x	as long as short
HTX AKE-USDTshort	+0.0400%	1h	0.05730	+0.118%	$171K	$1.8M	10x
Bitget AKEUSDT	+0.0736%	1h	0.05728	+0.090%	$2.2M	$47.2M	10x	as long as short
Gate AKE_USDT	+0.1040%	4h	0.05726	+0.054%	$6.0M	$84.8M	25x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX AKE-USDT-SWAP	+0.1435%	4h	0.05727	+0.065%	$5.1M	$480.4M	20x	as long as short
BingX AKE-USDTlong	+0.1798%	4h	0.05723	long leg	—	$10.6M	—
Variational Omni AKE	+0.6591%	1h	0.05723	−0.012%	$161K	$768K	—	as long as short
Bybit AKEUSDT	+0.7002%	1h	0.05721	−0.044%	$18.4M	$183.4M	25x	as long as short