Funding arb · Price arb /

AKE

all AKE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0240%/8h= +26.3% APRpaid last 24h −0.523%

Price spread now: MEXC against HTX−0.535%7-day average +0.935% · you buy dearer than you sell

Net, funding: paid 7d − costs−$72as in the Funding arb table

Net, price: spread back to 7d avg − costs−$327as in the Price arb table

costs, in and out, $10k−$1801.803% of the position

Long on HTX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+1.080%+$108 on $10k

Price spread, last 3 days (all we have)+2.546%+$255 · spread now −0.535%, 7d avg +0.935%

Together, before fees+3.627%+$363 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 1.471% cheaper against HTX than usual: you would sell low and buy high (spread −0.535% now, against its 7-day average of +0.935%). If the spread goes back, that is −$147 on $10k: about 20 days of funding at the current rate (+$7 a day). At the pace of the last 7 days (+1.080% in total) that is about 9.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX AKE-USDT	0.05587	0.0100	pay 0.0013% / 1h	1h 54m	$167K	$1.8M	10x
Short	MEXC AKE_USDT	0.05557	0.0340	get 0.0170% / 4h	1h 54m	$13.6M	$36.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against HTX. 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 HTXbpFee MEXCbpOrdersPrice spread, now −0.535%Rate

Funding earned: $50.4
Price spread: −0.535% → +0.935%: −$147.09
Slippage, 4 orders: −$168.33
Fee HTX: 6 bp × 2 orders: −$12
Fee MEXC: 0 bp × 2 orders: $0
Net: −$277.02
Costs to cover: 1.803%
Break-even: 45.5 days

Slippage from HTX: live order book, 4 min ago; MEXC: live order book, 4 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 HTX live order book, 4 min ago	49.66 bp	55.9 bp −$56	4676.2 bp −$46.8K	doesn't fit	doesn't fit
Sell MEXC live order book, 4 min ago	0.45 bp	15.8 bp −$16	50.7 bp −$507	188.0 bp −$18.8K	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	0.05554	−0.590%	$634K	$3.8M	5x	as long as short
SunX AKE-USDT	+0.0100%	1h	0.05566	−0.391%	—	$690K	10x	as long as short
HTX AKE-USDTlong	+0.0100%	1h	0.05587	long leg	$167K	$1.8M	10x
Bitget AKEUSDT	+0.0104%	1h	0.05554	−0.591%	$2.1M	$47.5M	10x	as long as short
KuCoin AKEUSDTM	+0.0222%	4h	0.05570	−0.320%	$8.0M	$44.9M	10x	as long as short
edgeX 1000AKEUSDC	+0.0334%	4h	0.05563	−0.442%	$243K	$1.3M	5x	as long as short
MEXC AKE_USDTshort	+0.0340%	4h	0.05557	−0.535%	$13.6M	$36.2M	20x
Extended AKE-USD	+0.0344%	1h	0.05554	−0.593%	$76K	$441K	5x	as long as short
Binance AKEUSDT	+0.0345%	4h	0.05557	−0.552%	$28.2M	$508.7M	10x	as long as short
Gate AKE_USDT	+0.0904%	4h	0.05558	−0.525%	$5.9M	$84.7M	25x	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	+0.0932%	4h	0.05556	−0.562%	$5.0M	$467.7M	20x	as long as short
Bybit AKEUSDT	+0.1575%	1h	0.05556	−0.556%	$18.2M	$183.7M	25x	as long as short
BingX AKE-USDT	+0.1916%	4h	0.05558	−0.523%	—	$10.6M	—	as long as short
Variational Omni AKE	+0.2388%	1h	0.05568	−0.343%	$157K	$839K	—	as long as short