Funding arb · Price arb /

AKE

all AKE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0118%/8h= +12.9% APRpaid last 24h −0.034%

Price spread now: Extended against Bitget−0.042%7-day average +0.094% · you buy dearer than you sell

Net, funding: paid 7d − costs+$99as in the Funding arb table

Net, price: spread back to 7d avg − costs−$131as in the Price arb table

costs, in and out, $10k−$1181.178% of the position

Long on Bitget Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+2.169%+$217 on $10k

Price spread, last 4 days (all we have)−0.418%−$42 · spread now −0.042%, 7d avg +0.094%

Together, before fees+1.751%+ Points / potential airdropExtended: Active · farm board+$175 on $10k · with fees, hour by hour

Funding pays, the price is against you. Extended is 0.136% cheaper against Bitget than usual: you would sell low and buy high (spread −0.042% now, against its 7-day average of +0.094%). If the spread goes back, that is −$14 on $10k: about 3.8 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+2.169% in total) that is about 10 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget AKEUSDT	0.05734	0.0322	pay 0.0161% / 4h	32m 16s	$2.2M	$44.1M	10x
Short	Extended AKE-USD	0.05732	0.0440	get 0.0055% / 1h	32m 16s	$78K	$285K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.042%Rate

Funding earned: $24.78
Price spread: −0.042% → +0.094%: −$13.55
Slippage, 4 orders: −$100.8
Fee Bitget: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$106.57
Costs to cover: 1.178%
Break-even: 37.1 days

Slippage from Bitget: live order book, 2 min ago; Extended: live order book, 25 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	3.36 bp	26.8 bp −$27	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 25 min ago	3.33 bp	28.8 bp −$29	257.2 bp −$2,572	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	0.05729	−0.094%	$693K	$3.7M	5x	as long as short
SunX AKE-USDT	+0.0100%	4h	0.05737	+0.051%	—	$742K	10x	as long as short
HTX AKE-USDT	+0.0100%	4h	0.05766	+0.548%	$172K	$1.7M	10x	as long as short
Bitget AKEUSDTlong	+0.0322%	4h	0.05734	long leg	$2.2M	$44.1M	10x
KuCoin AKEUSDTM	+0.0374%	4h	0.05741	+0.121%	$8.2M	$43.5M	10x	as long as short
Extended AKE-USDshort	+0.0440%	1h	0.05732	−0.042%	$78K	$285K	5x
Binance AKEUSDT	+0.0441%	4h	0.05731	−0.056%	$29.2M	$500.3M	10x	as long as short
MEXC AKE_USDT	+0.0444%	4h	0.05750	+0.281%	$15.2M	$35.1M	20x	as long as short
edgeX 1000AKEUSDC	+0.0452%	4h	0.05815	+1.413%	$254K	$1.3M	5x	as long as short
OKX AKE-USDT-SWAP	+0.0458%	4h	0.05734	−0.005%	$5.0M	$473.9M	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate AKE_USDT	+0.0508%	4h	0.05739	+0.079%	$5.4M	$83.6M	25x	as long as short
BingX AKE-USDT	+0.1610%	4h	0.05728	−0.117%	—	$11.1M	—	as long as short
Variational Omni AKE	+0.3792%	1h	0.05832	+1.707%	$174K	$676K	—	as long as short
Bybit AKEUSDT	+0.4715%	1h	0.05730	−0.075%	$18.1M	$181.3M	25x	as long as short