Funding arb · Price arb /

AKE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0277%/8h= −30.3% APRpaid last 24h +0.390%

Price spread now: edgeX against Bitget+0.192%94s7-day average −0.031% · you sell dearer than you buy

Net, funding: paid 7d − costs+$530as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1141.141% of the position

Long on Bitget Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+6.445%+$645 on $10k

Price spread, last 3 days (all we have)+1.768%+$177 · spread now +0.192%, 7d avg −0.031%

Together, before fees+8.213%+ Points / potential airdropedgeX: Active · farm board+$821 on $10k · with fees, hour by hour

The price spread pays, funding is against you. edgeX is 0.223% dearer against Bitget than usual: you sell high and buy low (spread +0.192% now, against its 7-day average of −0.031%): +$22 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 2.7 days. Mind the row above: over the last 7 days funding on this pair paid +6.445%, so the current rate has only just turned against you. The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget AKEUSDT	0.05557	0.0504	pay 0.0063% / 1h	1m 51s	$2.1M	$47.2M	10x
Short	edgeX 1000AKEUSDC	0.05568	0.0227	get 0.0114% / 4h	1h 01m	$244K	$1.3M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Bitget. 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 BitgetbpFee edgeXbpOrdersPrice spread, now +0.192%Rate

Funding earned: −$58.13
Price spread: +0.192% → −0.031%: $22.27
Slippage, 4 orders: −$93.14
Fee Bitget: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$150
Costs to cover: 1.141%
Break-even: never at this rate

Slippage from Bitget: live order book, 2 min ago; edgeX: live order book, 2 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 Bitget live order book, 2 min ago	1.99 bp	27.8 bp −$28	doesn't fit	doesn't fit	doesn't fit
Sell edgeX live order book, 2 min ago	2.28 bp	33.7 bp −$34	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	0.05547	−0.191%	$627K	$3.8M	5x	as long as short
SunX AKE-USDT	+0.0100%	1h	0.05559	+0.036%	—	$695K	10x	as long as short
HTX AKE-USDT	+0.0100%	1h	0.05578	+0.380%	$167K	$1.8M	10x	as long as short
KuCoin AKEUSDTM	+0.0212%	4h	0.05563	+0.103%	$8.1M	$44.8M	10x	as long as short
Binance AKEUSDT	+0.0221%	4h	0.05547	−0.184%	$28.1M	$508.1M	10x	as long as short
Extended AKE-USD	+0.0224%	1h	0.05554	−0.055%	$76K	$428K	5x	as long as short
MEXC AKE_USDT	+0.0224%	4h	0.05553	−0.070%	$13.9M	$36.6M	20x	as long as short
edgeX 1000AKEUSDCshort	+0.0227%	4h	0.05568	+0.192%	$244K	$1.3M	5x
Bitget AKEUSDTlong	+0.0504%	1h	0.05557	long leg	$2.1M	$47.2M	10x
Gate AKE_USDT	+0.0876%	4h	0.05558	+0.023%	$5.8M	$85.4M	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	+0.1206%	4h	0.05554	−0.056%	$4.9M	$466.6M	20x	as long as short
BingX AKE-USDT	+0.1276%	4h	0.05547	−0.185%	—	$10.6M	—	as long as short
Variational Omni AKE	+0.4715%	1h	0.05579	+0.386%	$160K	$798K	—	as long as short
Bybit AKEUSDT	+0.4981%	1h	0.05547	−0.180%	$17.9M	$183.7M	25x	as long as short