Funding arb · Price arb /

AKE

all AKE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.2770%/8h= +303.3% APRpaid last 24h +0.603%

Price spread now: Variational Omni against Gate+11.367%7-day average +0.355% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Gate Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.611%+$61 on $10k

Price spread, last 4 days (all we have)−9.580%−$958 · spread now +11.367%, 7d avg +0.355%

Together, before fees−8.970%+ Points / potential airdropVariational Omni: Active · farm board−$897 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$83 a day on $10k at the current rate, and Variational Omni is 11.012% dearer against Gate than usual: you sell high and buy low: +$1,101 more if the spread goes back to its 7-day average of +0.355%.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.611% in total (about 63.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate AKE_USDT	0.05548	0.0520	pay 0.0260% / 4h	6m 31s	$5.2M	$85.9M	25x
Short	Variational Omni AKE	0.06179	0.3290	get 0.0411% / 1h	6m 31s	$181K	$676K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Gate. 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 GatebpFee Variational OmnibpOrdersPrice spread, now +11.367%Rate

Funding earned: $581.64
Price spread: +11.367% → +0.355%: $1,101.23
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $1,667.86
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: Gate: live order book, 2 min ago; Variational Omni: RFQ quote, 48 min ago. Net counts fees only.

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	5.35 bp	46.6 bp −$47	193.6 bp −$1,936	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 48 min ago	3.43 bp	doesn't fit	180.2 bp −$1,802	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	0.05532	−0.281%	$643K	$3.8M	5x	as long as short
SunX AKE-USDT	+0.0100%	4h	0.05559	+0.193%	—	$752K	10x	as long as short
HTX AKE-USDT	+0.0100%	4h	0.05582	+0.607%	$164K	$1.7M	10x	as long as short
Bitget AKEUSDT	+0.0336%	4h	0.05455	−1.684%	$2.1M	$44.5M	10x	as long as short
KuCoin AKEUSDTM	+0.0426%	4h	0.05477	−1.280%	$7.7M	$44.0M	10x	as long as short
Binance AKEUSDT	+0.0456%	4h	0.05479	−1.237%	$27.6M	$510.0M	10x	as long as short
Extended AKE-USD	+0.0496%	1h	0.05554	+0.117%	$75K	$286K	5x	as long as short
MEXC AKE_USDT	+0.0498%	4h	0.05440	−1.939%	$14.1M	$35.5M	20x	as long as short
OKX AKE-USDT-SWAP	+0.0520%	4h	0.05470	−1.406%	$4.9M	$458.7M	20x	as long as short
Gate AKE_USDTlong	+0.0520%	4h	0.05548	long leg	$5.2M	$85.9M	25x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX 1000AKEUSDC	+0.0560%	4h	0.06172	+11.241%	$270K	$1.3M	5x	as long as short
BingX AKE-USDT	+0.0758%	4h	0.05532	−0.290%	—	$11.3M	—	as long as short
Bybit AKEUSDT	+0.2669%	1h	0.05472	−1.364%	$17.2M	$184.7M	25x	as long as short
Variational Omni AKEshort	+0.3290%	1h	0.06179	+11.367%	$181K	$676K	—