Funding arb · Price arb /

AKE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0210%/8h= +23.0% APRpaid last 24h −0.782%

Price spread now: Bitget against Bybit+0.026%7-day average −0.607% · you sell dearer than you buy

Net, funding: paid 7d − costs−$324as in the Funding arb table

Net, price: spread back to 7d avg − costs−$57as in the Price arb table

costs, in and out, $10k−$1201.205% of the position

Long on Bybit Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−2.036%−$204 on $10k

Price spread, last 7 days−0.048%−$5 · spread now +0.026%, 7d avg −0.607%

Together, before fees−2.085%−$208 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Bitget is 0.633% dearer against Bybit than usual: you sell high and buy low: +$63 more if the spread goes back to its 7-day average of −0.607%. Mind the row above: over the last 7 days funding on this pair cost −2.036%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit AKEUSDT	0.05466	0.0552	pay 0.0069% / 1h	34m 20s	$17.2M	$187.2M	25x
Short	Bitget AKEUSDT	0.05468	0.0762	get 0.0381% / 4h	3h 34m	$2.0M	$44.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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 BybitbpFee BitgetbpOrdersPrice spread, now +0.026%Rate

Funding earned: $44.1
Price spread: +0.026% → −0.607%: $63.28
Slippage, 4 orders: −$97.48
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$13.09
Costs to cover: 1.205%
Break-even: 9.1 days

Slippage from Bybit: live order book, 5 min ago; Bitget: live order book, 5 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 Bybit live order book, 5 min ago	0.19 bp	34.7 bp −$35	98.8 bp −$988	doesn't fit	doesn't fit
Sell Bitget live order book, 5 min ago	5.40 bp	23.8 bp −$24	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	−0.0018%	1h	0.05456	−0.186%	$579K	$3.9M	5x	as long as short
SunX AKE-USDT	+0.0100%	4h	0.05450	−0.305%	—	$771K	10x	as long as short
HTX AKE-USDT	+0.0100%	4h	0.05418	−0.876%	$158K	$1.6M	10x	as long as short
KuCoin AKEUSDTM	+0.0334%	4h	0.05450	−0.299%	$7.5M	$45.0M	10x	as long as short
Binance AKEUSDT	+0.0343%	4h	0.05467	+0.023%	$27.8M	$514.9M	10x	as long as short
Extended AKE-USD	+0.0344%	1h	0.05463	−0.052%	$73K	$282K	5x	as long as short
MEXC AKE_USDT	+0.0346%	4h	0.05448	−0.341%	$14.7M	$35.8M	20x	as long as short
edgeX 1000AKEUSDC	+0.0362%	4h	0.05360	−1.940%	$235K	$1.3M	5x	as long as short
OKX AKE-USDT-SWAP	+0.0511%	4h	0.05469	+0.052%	$4.8M	$462.6M	20x	as long as short
Bybit AKEUSDTlong	+0.0552%	1h	0.05466	long leg	$17.2M	$187.2M	25x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX AKE-USDT	+0.0756%	4h	0.05463	−0.060%	—	$11.8M	—	as long as short
Bitget AKEUSDTshort	+0.0762%	4h	0.05468	+0.026%	$2.0M	$44.9M	10x
Variational Omni AKE	+0.1760%	1h	0.05361	−1.932%	$154K	$670K	—	as long as short
Gate AKE_USDT	+0.2110%	4h	0.05462	−0.085%	$5.1M	$82.1M	25x	as long as short