Funding arb · Price arb /

AKE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0142%/8h= −15.5% APRpaid last 24h −0.252%

Price spread now: Aster against KuCoin−0.088%7-day average −0.134% · 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−$129as in the Price arb table

costs, in and out, $10k−$1331.334% of the position

Long on KuCoin Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.105%−$10 on $10k

Price spread, last 7 days+0.024%+$2 · spread now −0.088%, 7d avg −0.134%

Together, before fees−0.081%+ Points / potential airdropAster: Stage 5 · farm board−$8 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Aster is 0.045% dearer against KuCoin than usual: you sell high and buy low (spread −0.088% now, against its 7-day average of −0.134%): +$5 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 26 hours. At the pace of the last 5 days (−0.105% in total) that is about 2.3 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin AKEUSDTM	0.05570	0.0242	pay 0.0121% / 4h	58m 23s	$8.1M	$44.8M	10x
Short	Aster AKEUSDT	0.05565	0.0100	get 0.0013% / 1h	58m 23s	$630K	$3.8M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. 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 KuCoinbpFee AsterbpOrdersPrice spread, now −0.088%Rate

Funding earned: −$29.82
Price spread: −0.088% → −0.134%: $4.55
Slippage, 4 orders: −$113.42
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$158.69
Costs to cover: 1.334%
Break-even: never at this rate

Slippage from KuCoin: live order book, 11 min ago; Aster: live order book, 5 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 KuCoin live order book, 11 min ago	9.20 bp	30.5 bp −$30	300.9 bp −$3,009	doesn't fit	doesn't fit
Sell Aster live order book, 5 min ago	4.51 bp	32.8 bp −$33	239.2 bp −$2,392	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 AKEUSDTshort	+0.0100%	1h	0.05565	−0.088%	$630K	$3.8M	5x
SunX AKE-USDT	+0.0100%	1h	0.05571	+0.016%	—	$697K	10x	as long as short
HTX AKE-USDT	+0.0100%	1h	0.05567	−0.049%	$166K	$1.8M	10x	as long as short
MEXC AKE_USDT	+0.0220%	4h	0.05574	+0.065%	$13.9M	$36.1M	20x	as long as short
Extended AKE-USD	+0.0224%	1h	0.05567	−0.047%	$76K	$428K	5x	as long as short
edgeX 1000AKEUSDC	+0.0225%	4h	0.05547	−0.408%	$243K	$1.3M	5x	as long as short
Binance AKEUSDT	+0.0226%	4h	0.05571	+0.019%	$28.2M	$507.9M	10x	as long as short
KuCoin AKEUSDTMlong	+0.0242%	4h	0.05570	long leg	$8.1M	$44.8M	10x
Bitget AKEUSDT	+0.0520%	1h	0.05567	−0.056%	$2.1M	$47.2M	10x	as long as short
Gate AKE_USDT	+0.0888%	4h	0.05575	+0.091%	$5.8M	$84.3M	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	+0.1245%	4h	0.05568	−0.036%	$4.9M	$467.5M	20x	as long as short
BingX AKE-USDT	+0.1276%	4h	0.05570	0.000%	—	$10.6M	—	as long as short
Variational Omni AKE	+0.4349%	1h	0.05545	−0.455%	$159K	$768K	—	as long as short
Bybit AKEUSDT	+0.4387%	1h	0.05570	+0.007%	$17.9M	$183.5M	25x	as long as short