Settings8H · net · $10k
Funding arb · Price arb /

AKE

all AKE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0270%/8h= +29.6% APRnext payment +$1.35 per $10,000 · paid last 24h +0.561%
Price spread now: BingX against Gate+0.090%7-day average −0.281% · you sell dearer than you buy
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$1241.237% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.015%+$2 on $10k
Price spread, last 7 days−0.055%−$6 · spread now +0.090%, 7d avg −0.281%
Together, before fees−0.040%−$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and BingX is 0.371% dearer against Gate than usual: you sell high and buy low: +$37 more if the spread goes back to its 7-day average of −0.281%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.015% in total (about 0.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.35 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate AKE_USDT0.053390.0488pay 0.0244% / 4h5m 23s$5.0M$86.1M25x
ShortBingX AKE-USDT0.053440.0758get 0.0379% / 4h5m 23s$11.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Gate. 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

Funding earned
$56.7
Price spread: +0.090% → −0.281%
$37.14
Slippage, 4 orders
−$98.66
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BingX: 5 bp × 2 orders
−$10
Net
−$29.82
Costs to cover
1.237%
Break-even
10.7 days
Slippage from Gate: live order book, 4 min ago; BingX: live order book, 8 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 4 min ago5.35 bp46.6 bp −$47193.6 bp −$1,936doesn't fitdoesn't fit
Sell BingX live order book, 8 min ago2.17 bp14.8 bp −$1569.6 bp −$696463.0 bp −$46.3Kdoesn't fit

AKE on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster AKEUSDT+0.0100%1h0.05334−0.101%$621K$3.8M5xas long as short
SunX AKE-USDT+0.0100%4h0.05418+1.474%$754K10xas long as short
HTX AKE-USDT+0.0100%4h0.05299−0.755%$156K$1.7M10xas long as short
Bitget AKEUSDT+0.0334%4h0.05343+0.068%$2.0M$44.6M10xas long as short
KuCoin AKEUSDTM+0.0406%4h0.05344+0.093%$7.5M$44.2M10xas long as short
OKX AKE-USDT-SWAP+0.0427%4h0.05363+0.448%$4.7M$451.1M20xas long as short
MEXC AKE_USDT+0.0454%4h0.05340+0.017%$13.9M$35.6M20xas long as short
Binance AKEUSDT+0.0456%4h0.05343+0.079%$27.0M$511.2M10xas long as short
Extended AKE-USD+0.0456%1h0.05355+0.302%$72K$286K5xas long as short
Gate AKE_USDTlong+0.0488%4h0.05339long leg$5.0M$86.1M25x
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX 1000AKEUSDC+0.0537%4h0.05617+5.206%$246K$1.3M5xas long as short
BingX AKE-USDTshort+0.0758%4h0.05344+0.090%$11.4M
Bybit AKEUSDT+0.1740%1h0.05346+0.127%$16.8M$185.1M25xas long as short
Variational Omni AKE+0.3149%1h0.05424+1.588%$157K$676Kas long as short