Funding arb · Price arb /

AKE

all AKE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0828%/8h= +90.7% APRpaid last 24h −0.713%

Price spread now: OKX against HTX−0.294%7-day average +0.538% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$272as in the Price arb table

costs, in and out, $10k−$1891.891% of the position

Long on HTX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)+1.941%+$194 on $10k

Price spread, last 3 days (all we have)+1.871%+$187 · spread now −0.294%, 7d avg +0.538%

Together, before fees+3.812%+$381 on $10k · with fees, hour by hour

Funding pays, the price is against you. OKX is 0.832% cheaper against HTX than usual: you would sell low and buy high (spread −0.294% now, against its 7-day average of +0.538%). If the spread goes back, that is −$83 on $10k: about 3.3 days of funding at the current rate (+$25 a day).

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 55m	$167K	$1.8M	10x
Short	OKX AKE-USDT-SWAP	0.05571	0.0928	get 0.0464% / 4h	1h 55m	$5.0M	$469.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.294%Rate

Funding earned: $173.94
Price spread: −0.294% → +0.538%: −$83.15
Slippage, 4 orders: −$167.13
Fee HTX: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$98.34
Costs to cover: 1.891%
Break-even: 11.0 days

Slippage from HTX: live order book, 3 min ago; OKX: 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, 3 min ago	49.66 bp	55.9 bp −$56	4676.2 bp −$46.8K	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	0.89 bp	19.0 bp −$19	76.8 bp −$768	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	0.05567	−0.372%	$635K	$3.8M	5x	as long as short
SunX AKE-USDT	+0.0100%	1h	0.05570	−0.314%	—	$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	0.05573	−0.260%	$2.1M	$47.5M	10x	as long as short
KuCoin AKEUSDTM	+0.0222%	4h	0.05576	−0.212%	$8.0M	$45.0M	10x	as long as short
edgeX 1000AKEUSDC	+0.0334%	4h	0.05563	−0.442%	$243K	$1.3M	5x	as long as short
MEXC AKE_USDT	+0.0340%	4h	0.05572	−0.278%	$13.6M	$36.2M	20x	as long as short
Binance AKEUSDT	+0.0340%	4h	0.05572	−0.280%	$28.3M	$508.8M	10x	as long as short
Extended AKE-USD	+0.0344%	1h	0.05572	−0.268%	$76K	$442K	5x	as long as short
Gate AKE_USDT	+0.0916%	4h	0.05572	−0.275%	$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-SWAPshort	+0.0928%	4h	0.05571	−0.294%	$5.0M	$469.0M	20x
BingX AKE-USDT	+0.1916%	4h	0.05567	−0.365%	—	$10.6M	—	as long as short
Variational Omni AKE	+0.1926%	1h	0.05552	−0.629%	$155K	$841K	—	as long as short
Bybit AKEUSDT	+0.4084%	1h	0.05569	−0.334%	$18.3M	$183.7M	25x	as long as short