Funding arb · Price arb /

AKE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0155%/8h= +16.9% APRpaid last 24h +0.022%

Price spread now: OKX against Extended+0.095%7-day average −0.328% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$50as in the Price arb table

costs, in and out, $10k−$920.924% of the position

Long on Extended Short on OKX

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)+0.790%+$79 on $10k

Price spread, last 4 days (all we have)−0.201%−$20 · spread now +0.095%, 7d avg −0.328%

Together, before fees+0.588%+ Points / potential airdropExtended: Active · farm board+$59 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and OKX is 0.423% dearer against Extended than usual: you sell high and buy low: +$42 more if the spread goes back to its 7-day average of −0.328%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended AKE-USD	0.05782	0.0296	pay 0.0037% / 1h	41m 31s	$78K	$167K	5x
Short	OKX AKE-USDT-SWAP	0.05787	0.0451	get 0.0225% / 4h	2h 41m	$4.9M	$446.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.095%Rate

Funding earned: $32.49
Price spread: +0.095% → −0.328%: $42.32
Slippage, 4 orders: −$77.37
Fee Extended: 2.5 bp × 2 orders: −$5
Fee OKX: 5 bp × 2 orders: −$10
Net: −$17.56
Costs to cover: 0.924%
Break-even: 10.8 days

Slippage from Extended: live order book, 4 min ago; OKX: 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 Extended live order book, 4 min ago	3.36 bp	27.6 bp −$28	271.5 bp −$2,715	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	0.87 bp	23.6 bp −$24	94.8 bp −$948	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	0.05777	−0.078%	$722K	$3.7M	5x	as long as short
SunX AKE-USDT	+0.0100%	4h	0.05780	−0.033%	—	$744K	10x	as long as short
HTX AKE-USDT	+0.0100%	4h	0.05798	+0.277%	$169K	$1.2M	10x	as long as short
edgeX 1000AKEUSDC	+0.0290%	4h	0.05760	−0.372%	$253K	$1.3M	5x	as long as short
Extended AKE-USDlong	+0.0296%	1h	0.05782	long leg	$78K	$167K	5x
MEXC AKE_USDT	+0.0298%	4h	0.05790	+0.147%	$16.5M	$34.6M	20x	as long as short
Binance AKEUSDT	+0.0299%	4h	0.05790	+0.145%	$30.0M	$478.2M	10x	as long as short
KuCoin AKEUSDTM	+0.0334%	4h	0.05786	+0.080%	$8.2M	$41.2M	10x	as long as short
OKX AKE-USDT-SWAPshort	+0.0451%	4h	0.05787	+0.095%	$4.9M	$446.3M	20x
Bitget AKEUSDT	+0.0640%	4h	0.05788	+0.106%	$2.2M	$40.6M	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate AKE_USDT	+0.1088%	4h	0.05784	+0.044%	$5.5M	$74.9M	25x	as long as short
Variational Omni AKE	+0.1324%	1h	0.05726	−0.957%	$165K	$647K	—	as long as short
BingX AKE-USDT	+0.1406%	4h	0.05796	+0.247%	—	$10.9M	—	as long as short
Bybit AKEUSDT	+0.4350%	1h	0.05793	+0.205%	$18.3M	$178.6M	25x	as long as short