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

AKE

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.5134%/8h= −562.2% APRnext payment $6.42 per $10,000 · paid last 24h −1.616%
Price spread now: Aster against Bybit−0.279%7-day average −0.464% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$1171.169% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.991%−$99 on $10k
Price spread, last 7 days+0.197%+$20 · spread now −0.279%, 7d avg −0.464%
Together, before fees−0.795%+ Points / potential airdropAster: Stage 5 · farm board−$79 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.186% dearer against Bybit than usual: you sell high and buy low (spread −0.279% now, against its 7-day average of −0.464%): +$19 on $10k if it goes back. Holding the pair costs −$154 a day in funding at the current rate, which eats that in about 3 hours. At the pace of the last 5 days (−0.991% in total) that is about 24 hours.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.991% in total (about -68.4% a year). A funding rate is set anew for every payment; at this rate the next one is about $6.42 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit AKEUSDT0.055550.5234pay 0.0654% / 1h2m 48s$17.9M$183.7M25x
ShortAster AKEUSDT0.055390.0100get 0.0013% / 1h2m 48s$626K$3.8M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bybit. 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

Funding earned
−$1,078.22
Price spread: −0.279% → −0.464%
$18.57
Slippage, 4 orders
−$97.89
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Aster: 4 bp × 2 orders
−$8
Net
−$1,176.54
Costs to cover
1.169%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; Aster: live order book, 1 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 Bybit live order book, 1 min ago0.09 bp29.8 bp −$30doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 1 min ago4.51 bp32.8 bp −$33239.2 bp −$2,392doesn'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 AKEUSDTshort+0.0100%1h0.05539−0.279%$626K$3.8M5x
SunX AKE-USDT+0.0100%1h0.05548−0.121%$695K10xas long as short
HTX AKE-USDT+0.0100%1h0.05527−0.498%$165K$1.8M10xas long as short
KuCoin AKEUSDTM+0.0202%4h0.05558+0.054%$8.1M$44.8M10xas long as short
Extended AKE-USD+0.0224%1h0.05549−0.102%$76K$428K5xas long as short
MEXC AKE_USDT+0.0224%4h0.05552−0.049%$13.9M$36.6M20xas long as short
Binance AKEUSDT+0.0224%4h0.05554−0.009%$28.1M$508.1M10xas long as short
edgeX 1000AKEUSDC+0.0227%4h0.05568+0.234%$244K$1.3M5xas long as short
Bitget AKEUSDT+0.0488%1h0.05573+0.333%$2.1M$47.2M10xas long as short
Gate AKE_USDT+0.0844%4h0.05552−0.044%$5.8M$85.4M25xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX AKE-USDT-SWAP+0.1205%4h0.05562+0.130%$4.9M$467.2M20xas long as short
BingX AKE-USDT+0.1244%4h0.05558+0.052%$10.6Mas long as short
Variational Omni AKE+0.4715%1h0.05579+0.428%$160K$798Kas long as short
Bybit AKEUSDTlong+0.5234%1h0.05555long leg$17.9M$183.7M25x