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

AKE

all AKE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.2743%/8h= +300.4% APRnext payment +$3.43 per $10,000 · paid last 24h +1.032%
Price spread now: Bybit against Bitget+0.031%7-day average +0.595% · you sell dearer than you buy
Net, funding: paid 7d − costs+$116as in the Funding arb table
Net, price: spread back to 7d avg − costs−$143as in the Price arb table
costs, in and out, $10k−$870.869% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+2.031%+$203 on $10k
Price spread, last 7 days−0.057%−$6 · spread now +0.031%, 7d avg +0.595%
Together, before fees+1.974%+$197 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.564% cheaper against Bitget than usual: you would sell low and buy high (spread +0.031% now, against its 7-day average of +0.595%). If the spread goes back, that is −$56 on $10k: about 16 hours of funding at the current rate (+$82 a day). At the pace of the last 7 days (+2.031% in total) that is about 47 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget AKEUSDT0.058330.0264pay 0.0033% / 1h52m 21s$2.2M$46.2M10x
ShortBybit AKEUSDT0.058350.3007get 0.0376% / 1h52m 21s$18.5M$182.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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
$576.02
Price spread: +0.031% → +0.595%
−$56.38
Slippage, 4 orders
−$63.87
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$432.78
Costs to cover
0.869%
Break-even
1.7 days
Slippage from Bitget: live order book, 2 min ago; Bybit: 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 Bitget live order book, 2 min ago2.12 bp18.4 bp −$18doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago0.09 bp20.3 bp −$2087.8 bp −$878doesn'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%1h0.05818−0.258%$664K$3.7M5xas long as short
SunX AKE-USDT+0.0100%4h0.05816−0.296%$707K10xas long as short
HTX AKE-USDT+0.0100%4h0.05806−0.467%$173K$1.8M10xas long as short
Bitget AKEUSDTlong+0.0264%1h0.05833long leg$2.2M$46.2M10x
MEXC AKE_USDT+0.0380%4h0.05819−0.238%$15.2M$35.6M20xas long as short
Binance AKEUSDT+0.0380%4h0.05824−0.157%$29.3M$502.6M10xas long as short
edgeX 1000AKEUSDC+0.0383%4h0.05796−0.631%$253K$1.2M5xas long as short
Extended AKE-USD+0.0384%1h0.05833−0.001%$79K$288K5xas long as short
KuCoin AKEUSDTM+0.0640%4h0.05814−0.327%$8.4M$44.1M10xas long as short
Gate AKE_USDT+0.0976%4h0.05815−0.304%$5.8M$81.6M25xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX AKE-USDT+0.1500%4h0.05823−0.169%$10.7Mas long as short
OKX AKE-USDT-SWAP+0.1540%4h0.05834+0.017%$5.3M$484.5M20xas long as short
Bybit AKEUSDTshort+0.3007%1h0.05835+0.031%$18.5M$182.4M25x
Variational Omni AKE+0.3143%1h0.05799−0.577%$167K$707Kas long as short