Funding arb · Price arb /

AKE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0821%/8h= +89.9% APRpaid last 24h +1.094%

Price spread now: Bybit against edgeX−0.332%101s7-day average +0.832% · you buy dearer than you sell

Net, funding: paid 7d − costs−$596as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1371.366% of the position

Long on edgeX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−4.590%−$459 on $10k

Price spread, last 3 days (all we have)−1.737%−$174 · spread now −0.332%, 7d avg +0.832%

Together, before fees−6.327%+ Points / potential airdropedgeX: Active · farm board−$633 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bybit is 1.164% cheaper against edgeX than usual: you would sell low and buy high (spread −0.332% now, against its 7-day average of +0.832%). If the spread goes back, that is −$116 on $10k: about 4.7 days of funding at the current rate (+$25 a day). Mind the row above: over the last 7 days funding on this pair cost −4.590%, so the current rate has only just turned in your favour. The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX 1000AKEUSDC	0.05533	0.0370	pay 0.0185% / 4h	2h 17m	$242K	$1.3M	5x
Short	Bybit AKEUSDT	0.05515	0.1191	get 0.0149% / 1h	17m 44s	$18.1M	$184.7M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against edgeX. 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 edgeXbpFee BybitbpOrdersPrice spread, now −0.332%Rate

Funding earned: $172.41
Price spread: −0.332% → +0.832%: −$116.39
Slippage, 4 orders: −$116.62
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$80.6
Costs to cover: 1.366%
Break-even: 10.3 days

Slippage from edgeX: live order book, 1 min ago; Bybit: live order book, 1 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, 1 min ago	2.37 bp	32.8 bp −$33	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	1.73 bp	36.9 bp −$37	99.9 bp −$999	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	0.05503	−0.554%	$628K	$3.8M	5x	as long as short
SunX AKE-USDT	+0.0100%	1h	0.05503	−0.545%	—	$688K	10x	as long as short
HTX AKE-USDT	+0.0100%	1h	0.05498	−0.645%	$166K	$1.8M	10x	as long as short
Bitget AKEUSDT	+0.0104%	1h	0.05508	−0.459%	$2.1M	$47.6M	10x	as long as short
KuCoin AKEUSDTM	+0.0244%	4h	0.05504	−0.522%	$7.9M	$45.0M	10x	as long as short
Binance AKEUSDT	+0.0342%	4h	0.05514	−0.355%	$28.0M	$510.8M	10x	as long as short
Extended AKE-USD	+0.0344%	1h	0.05506	−0.501%	$75K	$444K	5x	as long as short
MEXC AKE_USDT	+0.0352%	4h	0.05509	−0.440%	$13.2M	$37.1M	20x	as long as short
edgeX 1000AKEUSDClong	+0.0370%	4h	0.05533	long leg	$242K	$1.3M	5x
BingX AKE-USDT	+0.0902%	4h	0.05516	−0.317%	—	$10.6M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX AKE-USDT-SWAP	+0.0920%	4h	0.05517	−0.294%	$4.8M	$465.8M	20x	as long as short
Gate AKE_USDT	+0.0966%	4h	0.05503	−0.540%	$5.8M	$85.8M	25x	as long as short
Variational Omni AKE	+0.1138%	1h	0.05539	+0.107%	$157K	$843K	—	as long as short
Bybit AKEUSDTshort	+0.1191%	1h	0.05515	−0.332%	$18.1M	$184.7M	25x