Funding arb · Price arb /

AKE

all AKE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0346%/8h= +37.9% APRpaid last 24h −0.003%

Price spread now: KuCoin against Bitget−0.137%7-day average +0.273% · you buy dearer than you sell

Net, funding: paid 7d − costs+$20as in the Funding arb table

Net, price: spread back to 7d avg − costs−$143as in the Price arb table

costs, in and out, $10k−$1021.016% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+1.215%+$122 on $10k

Price spread, last 7 days+0.246%+$25 · spread now −0.137%, 7d avg +0.273%

Together, before fees+1.461%+$146 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.410% cheaper against Bitget than usual: you would sell low and buy high (spread −0.137% now, against its 7-day average of +0.273%). If the spread goes back, that is −$41 on $10k: about 4.0 days of funding at the current rate (+$10 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget AKEUSDT	0.05762	0.0256	pay 0.0032% / 1h	43m 20s	$2.2M	$44.5M	10x
Short	KuCoin AKEUSDTM	0.05754	0.0602	get 0.0301% / 4h	1h 43m	$8.3M	$43.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee BitgetbpFee KuCoinbpOrdersPrice spread, now −0.137%Rate

Funding earned: $72.66
Price spread: −0.137% → +0.273%: −$41.01
Slippage, 4 orders: −$77.63
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$69.98
Costs to cover: 1.016%
Break-even: 13.7 days

Slippage from Bitget: live order book, 1 min ago; KuCoin: live order book, 6 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, 1 min ago	1.61 bp	19.7 bp −$20	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 6 min ago	8.44 bp	22.3 bp −$22	157.9 bp −$1,579	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	−0.0071%	1h	0.05759	−0.059%	$681K	$3.7M	5x	as long as short
SunX AKE-USDT	+0.0100%	4h	0.05758	−0.064%	—	$717K	10x	as long as short
HTX AKE-USDT	+0.0100%	4h	0.05770	+0.137%	$173K	$1.7M	10x	as long as short
Bitget AKEUSDTlong	+0.0256%	1h	0.05762	long leg	$2.2M	$44.5M	10x
Extended AKE-USD	+0.0288%	1h	0.05760	−0.040%	$79K	$287K	5x	as long as short
Binance AKEUSDT	+0.0288%	4h	0.05759	−0.052%	$29.2M	$493.9M	10x	as long as short
MEXC AKE_USDT	+0.0302%	4h	0.05763	+0.010%	$15.3M	$35.1M	20x	as long as short
edgeX 1000AKEUSDC	+0.0308%	4h	0.05774	+0.198%	$252K	$1.3M	5x	as long as short
Gate AKE_USDT	+0.0396%	4h	0.05760	−0.045%	$5.8M	$79.4M	25x	as long as short
KuCoin AKEUSDTMshort	+0.0602%	4h	0.05754	−0.137%	$8.3M	$43.3M	10x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX AKE-USDT	+0.0854%	4h	0.05762	+0.003%	—	$10.6M	—	as long as short
OKX AKE-USDT-SWAP	+0.0863%	4h	0.05756	−0.108%	$5.4M	$468.4M	20x	as long as short
Variational Omni AKE	+0.1026%	1h	0.05814	+0.892%	$173K	$688K	—	as long as short
Bybit AKEUSDT	+0.1561%	1h	0.05757	−0.082%	$18.5M	$179.7M	25x	as long as short