Funding arb · Price arb /

AKE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0406%/8h= +44.5% APRpaid last 24h −0.050%

Price spread now: Bitget against KuCoin+0.023%7-day average −0.258% · you sell dearer than you buy

Net, funding: paid 7d − costs−$258as in the Funding arb table

Net, price: spread back to 7d avg − costs−$107as in the Price arb table

costs, in and out, $10k−$1351.352% of the position

Long on KuCoin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−1.224%−$122 on $10k

Price spread, last 7 days−0.011%−$1 · spread now +0.023%, 7d avg −0.258%

Together, before fees−1.235%−$124 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Bitget is 0.281% dearer against KuCoin than usual: you sell high and buy low: +$28 more if the spread goes back to its 7-day average of −0.258%. Mind the row above: over the last 7 days funding on this pair cost −1.224%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin AKEUSDTM	0.05749	0.0322	pay 0.0161% / 4h	33m 20s	$8.2M	$44.8M	10x
Short	Bitget AKEUSDT	0.05750	0.0728	get 0.0091% / 1h	33m 20s	$2.2M	$47.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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

Position, each leg$Hold fordaysFee KuCoinbpFee BitgetbpOrdersPrice spread, now +0.023%Rate

Funding earned: $85.26
Price spread: +0.023% → −0.258%: $28.15
Slippage, 4 orders: −$111.21
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$21.81
Costs to cover: 1.352%
Break-even: 8.8 days

Slippage from KuCoin: live order book, 6 min ago; Bitget: live order book, 6 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, 6 min ago	5.18 bp	40.2 bp −$40	245.8 bp −$2,458	doesn't fit	doesn't fit
Sell Bitget live order book, 6 min ago	4.16 bp	30.1 bp −$30	doesn't fit	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	0.05744	−0.079%	$647K	$3.7M	5x	as long as short
edgeX 1000AKEUSDC	+0.0293%	4h	0.05684	−1.120%	$249K	$1.3M	5x	as long as short
MEXC AKE_USDT	+0.0310%	4h	0.05747	−0.027%	$14.3M	$36.3M	20x	as long as short
Binance AKEUSDT	+0.0311%	4h	0.05747	−0.030%	$29.1M	$507.2M	10x	as long as short
Extended AKE-USD	+0.0312%	1h	0.05751	+0.037%	$79K	$427K	5x	as long as short
KuCoin AKEUSDTMlong	+0.0322%	4h	0.05749	long leg	$8.2M	$44.8M	10x
SunX AKE-USDT	+0.0400%	1h	0.05743	−0.095%	—	$701K	10x	as long as short
HTX AKE-USDT	+0.0400%	1h	0.05772	+0.403%	$172K	$1.8M	10x	as long as short
Bitget AKEUSDTshort	+0.0728%	1h	0.05750	+0.023%	$2.2M	$47.2M	10x
Gate AKE_USDT	+0.1058%	4h	0.05748	−0.016%	$6.0M	$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	+0.1404%	4h	0.05759	+0.180%	$5.1M	$483.1M	20x	as long as short
BingX AKE-USDT	+0.1470%	4h	0.05752	+0.065%	—	$10.6M	—	as long as short
Variational Omni AKE	+0.6107%	1h	0.05680	−1.197%	$160K	$768K	—	as long as short
Bybit AKEUSDT	+0.7497%	1h	0.05747	−0.025%	$18.5M	$183.4M	25x	as long as short