Funding arb · Price arb /

AKE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0256%/8h= −28.0% APRpaid last 24h −0.145%

Price spread now: Bitget against Gate−0.283%7-day average −0.207% · you buy dearer than you sell

Net, funding: paid 7d − costs−$316as in the Funding arb table

Net, price: spread back to 7d avg − costs−$145as in the Price arb table

costs, in and out, $10k−$1371.371% of the position

Long on Gate Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−1.791%−$179 on $10k

Price spread, last 7 days+0.313%+$31 · spread now −0.283%, 7d avg −0.207%

Together, before fees−1.478%−$148 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Bitget is 0.076% cheaper against Gate than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.207%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate AKE_USDT	0.05820	0.0456	pay 0.0228% / 4h	1h 47m	$5.8M	$79.3M	25x
Short	Bitget AKEUSDT	0.05804	0.0200	get 0.0025% / 1h	47m 14s	$2.2M	$44.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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

Position, each leg$Hold fordaysFee GatebpFee BitgetbpOrdersPrice spread, now −0.283%Rate

Funding earned: −$53.76
Price spread: −0.283% → −0.207%: −$7.56
Slippage, 4 orders: −$110.11
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$198.43
Costs to cover: 1.371%
Break-even: never at this rate

Slippage from Gate: live order book, 2 min ago; Bitget: live order book, 2 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 Gate live order book, 2 min ago	0.96 bp	43.4 bp −$43	99.9 bp −$999	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	1.29 bp	26.3 bp −$26	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	−0.0030%	1h	0.05815	−0.091%	$687K	$3.7M	5x	as long as short
SunX AKE-USDT	+0.0100%	4h	0.05826	+0.102%	—	$716K	10x	as long as short
HTX AKE-USDT	+0.0100%	4h	0.05832	+0.201%	$173K	$1.7M	10x	as long as short
Bitget AKEUSDTshort	+0.0200%	1h	0.05804	−0.283%	$2.2M	$44.5M	10x
MEXC AKE_USDT	+0.0310%	4h	0.05819	−0.011%	$15.5M	$35.1M	20x	as long as short
Binance AKEUSDT	+0.0311%	4h	0.05809	−0.185%	$29.4M	$493.9M	10x	as long as short
Extended AKE-USD	+0.0312%	1h	0.05806	−0.238%	$80K	$287K	5x	as long as short
edgeX 1000AKEUSDC	+0.0315%	4h	0.05832	+0.204%	$255K	$1.3M	5x	as long as short
Gate AKE_USDTlong	+0.0456%	4h	0.05820	long leg	$5.8M	$79.3M	25x
KuCoin AKEUSDTM	+0.0630%	4h	0.05817	−0.048%	$8.3M	$43.3M	10x	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	+0.0893%	4h	0.05797	−0.398%	$5.5M	$471.7M	20x	as long as short
BingX AKE-USDT	+0.0902%	4h	0.05807	−0.233%	—	$10.6M	—	as long as short
Variational Omni AKE	+0.1067%	1h	0.05842	+0.372%	$174K	$688K	—	as long as short
Bybit AKEUSDT	+0.2607%	1h	0.05801	−0.332%	$18.6M	$179.7M	25x	as long as short