Funding arb · Price arb /

AKE

all AKE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0122%/8h= −13.4% APRpaid last 24h −0.164%

Price spread now: Bitget against edgeX−0.044%7-day average +0.037% · you buy dearer than you sell

Net, funding: paid 7d − costs−$765as in the Funding arb table

Net, price: spread back to 7d avg − costs−$129as in the Price arb table

costs, in and out, $10k−$1211.206% of the position

Long on edgeX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−6.446%−$645 on $10k

Price spread, last 3 days (all we have)−1.060%−$106 · spread now −0.044%, 7d avg +0.037%

Together, before fees−7.505%+ Points / potential airdropedgeX: Active · farm board−$751 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bitget is 0.081% cheaper against edgeX than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.037%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX 1000AKEUSDC	0.05808	0.0386	pay 0.0193% / 4h	2h 51m	$254K	$1.3M	5x
Short	Bitget AKEUSDT	0.05806	0.0264	get 0.0033% / 1h	51m 19s	$2.2M	$46.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against edgeX. 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 edgeXbpFee BitgetbpOrdersPrice spread, now −0.044%Rate

Funding earned: −$25.7
Price spread: −0.044% → +0.037%: −$8.13
Slippage, 4 orders: −$99.62
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$154.44
Costs to cover: 1.206%
Break-even: never at this rate

Slippage from edgeX: live order book, 3 min ago; Bitget: live order book, 3 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 edgeX live order book, 3 min ago	2.10 bp	27.4 bp −$27	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	2.12 bp	26.7 bp −$27	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	0.05808	−0.003%	$662K	$3.7M	5x	as long as short
SunX AKE-USDT	+0.0100%	4h	0.05799	−0.160%	—	$707K	10x	as long as short
HTX AKE-USDT	+0.0100%	4h	0.05838	+0.517%	$174K	$1.8M	10x	as long as short
Bitget AKEUSDTshort	+0.0264%	1h	0.05806	−0.044%	$2.2M	$46.2M	10x
Extended AKE-USD	+0.0376%	1h	0.05804	−0.078%	$79K	$288K	5x	as long as short
Binance AKEUSDT	+0.0379%	4h	0.05801	−0.132%	$29.2M	$502.5M	10x	as long as short
MEXC AKE_USDT	+0.0380%	4h	0.05812	+0.059%	$15.1M	$35.6M	20x	as long as short
edgeX 1000AKEUSDClong	+0.0386%	4h	0.05808	long leg	$254K	$1.3M	5x
KuCoin AKEUSDTM	+0.0640%	4h	0.05811	+0.050%	$8.4M	$44.1M	10x	as long as short
Gate AKE_USDT	+0.0948%	4h	0.05810	+0.026%	$5.8M	$81.7M	25x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX AKE-USDT	+0.1472%	4h	0.05802	−0.112%	—	$10.7M	—	as long as short
OKX AKE-USDT-SWAP	+0.1533%	4h	0.05798	−0.176%	$5.2M	$481.5M	20x	as long as short
Variational Omni AKE	+0.2816%	1h	0.05805	−0.051%	$167K	$707K	—	as long as short
Bybit AKEUSDT	+0.2985%	1h	0.05798	−0.167%	$18.4M	$182.4M	25x	as long as short