Settings8H · net · $10k
Funding arb · Price arb /

AKE

all AKE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0036%/8h= −3.9% APRnext payment $0.18 per $10,000 · paid last 24h −0.029%
Price spread now: Binance against KuCoin−0.224%7-day average −0.189% · you buy dearer than you sell
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$950.954% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.304%+$30 on $10k
Price spread, last 7 days+0.143%+$14 · spread now −0.224%, 7d avg −0.189%
Together, before fees+0.447%+$45 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.035% cheaper against KuCoin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.189%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.304%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin AKEUSDTM0.057900.0418pay 0.0209% / 4h7m 07s$8.3M$44.8M10x
ShortBinance AKEUSDT0.057770.0382get 0.0191% / 4h7m 07s$29.2M$507.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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

Funding earned
−$7.57
Price spread: −0.224% → −0.189%
−$3.51
Slippage, 4 orders
−$73.4
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$106.48
Costs to cover
0.954%
Break-even
never at this rate
Slippage from KuCoin: live order book, 2 min ago; Binance: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 2 min ago8.19 bp34.3 bp −$34404.8 bp −$4,048doesn't fitdoesn't fit
Sell Binance live order book, 7 min ago0.17 bp15.6 bp −$1661.3 bp −$613doesn't fitdoesn't fit

AKE on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster AKEUSDT+0.0100%1h0.05779−0.187%$650K$3.8M5xas long as short
SunX AKE-USDT+0.0100%4h0.05779−0.191%$702K10xas long as short
HTX AKE-USDT+0.0100%4h0.05777−0.230%$172K$1.8M10xas long as short
MEXC AKE_USDT+0.0370%4h0.05787−0.045%$14.7M$36.4M20xas long as short
edgeX 1000AKEUSDC+0.0377%4h0.05737−0.919%$251K$1.2M5xas long as short
Binance AKEUSDTshort+0.0382%4h0.05777−0.224%$29.2M$507.0M10x
Extended AKE-USD+0.0384%1h0.05789−0.024%$79K$383K5xas long as short
KuCoin AKEUSDTMlong+0.0418%4h0.05790long leg$8.3M$44.8M10x
Bitget AKEUSDT+0.0856%1h0.05793+0.052%$2.2M$47.1M10xas long as short
Gate AKE_USDT+0.1114%4h0.05789−0.021%$6.0M$85.2M25xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX AKE-USDT+0.1512%4h0.05786−0.065%$10.6Mas long as short
OKX AKE-USDT-SWAP+0.1625%4h0.05780−0.172%$5.2M$484.4M20xas long as short
Variational Omni AKE+0.5625%1h0.05743−0.806%$162K$743Kas long as short
Bybit AKEUSDT+0.6044%1h0.05779−0.186%$18.5M$183.1M25xas long as short