Funding arb · Price arb /

AKE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0332%/8h= +36.4% APRpaid last 24h +0.775%

Price spread now: BingX against Extended+0.210%7-day average −0.171% · you sell dearer than you buy

Net, funding: paid 7d − costs−$120as in the Funding arb table

Net, price: spread back to 7d avg − costs−$45as in the Price arb table

costs, in and out, $10k−$830.835% of the position

Long on Extended Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.360%−$36 on $10k

Price spread, last 4 days (all we have)−0.885%−$88 · spread now +0.210%, 7d avg −0.171%

Together, before fees−1.245%+ Points / potential airdropExtended: Active · farm board−$125 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and BingX is 0.380% dearer against Extended than usual: you sell high and buy low: +$38 more if the spread goes back to its 7-day average of −0.171%. Mind the row above: over the last 7 days funding on this pair cost −0.360%, 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	Extended AKE-USD	0.05507	0.0296	pay 0.0037% / 1h	19m 15s	$75K	$286K	5x
Short	BingX AKE-USDT	0.05519	0.0628	get 0.0314% / 4h	1h 19m	—	$10.9M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Extended. 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 ExtendedbpFee BingXbpOrdersPrice spread, now +0.210%Rate

Funding earned: $69.72
Price spread: +0.210% → −0.171%: $38.03
Slippage, 4 orders: −$68.49
Fee Extended: 2.5 bp × 2 orders: −$5
Fee BingX: 5 bp × 2 orders: −$10
Net: $24.26
Costs to cover: 0.835%
Break-even: 4.6 days

Slippage from Extended: live order book, 43 min ago; BingX: live order book, 19 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 Extended live order book, 43 min ago	3.28 bp	26.1 bp −$26	242.2 bp −$2,422	doesn't fit	doesn't fit
Sell BingX live order book, 19 min ago	0.09 bp	14.1 bp −$14	69.3 bp −$693	360.0 bp −$36.0K	903.8 bp −$451.9K

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	−0.0327%	1h	0.05515	+0.144%	$654K	$3.7M	5x	as long as short
Gate AKE_USDT	+0.0100%	4h	0.05513	+0.098%	$5.4M	$82.1M	25x	as long as short
SunX AKE-USDT	+0.0100%	4h	0.05490	−0.322%	—	$734K	10x	as long as short
HTX AKE-USDT	+0.0100%	4h	0.05601	+1.695%	$168K	$1.7M	10x	as long as short
Bitget AKEUSDT	+0.0162%	4h	0.05517	+0.170%	$2.1M	$44.2M	10x	as long as short
edgeX 1000AKEUSDC	+0.0220%	4h	0.05424	−1.518%	$239K	$1.3M	5x	as long as short
MEXC AKE_USDT	+0.0278%	4h	0.05529	+0.386%	$14.3M	$35.5M	20x	as long as short
Binance AKEUSDT	+0.0296%	4h	0.05530	+0.409%	$28.3M	$495.1M	10x	as long as short
Extended AKE-USDlong	+0.0296%	1h	0.05507	long leg	$75K	$286K	5x
KuCoin AKEUSDTM	+0.0486%	4h	0.05509	+0.031%	$8.0M	$43.1M	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX AKE-USDTshort	+0.0628%	4h	0.05519	+0.210%	—	$10.9M	—
OKX AKE-USDT-SWAP	+0.0640%	4h	0.05510	+0.046%	$4.8M	$450.8M	20x	as long as short
Variational Omni AKE	+0.0946%	1h	0.05413	−1.711%	$167K	$672K	—	as long as short
Bybit AKEUSDT	+0.1252%	1h	0.05517	+0.170%	$17.5M	$179.7M	25x	as long as short