Funding arb · Price arb /

AKE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.798%

Price spread now: Bybit against KuCoin+0.075%7-day average +0.346% · you sell dearer than you buy

Net, funding: paid 7d − costs−$13as in the Funding arb table

Net, price: spread back to 7d avg − costs−$126as in the Price arb table

costs, in and out, $10k−$990.989% of the position

Long on KuCoin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.859%+$86 on $10k

Price spread, last 7 days−0.068%−$7 · spread now +0.075%, 7d avg +0.346%

Together, before fees+0.791%+$79 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.271% cheaper against KuCoin than usual: you would sell low and buy high, −$27 on $10k if it goes back to its 7-day average of +0.346%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin AKEUSDTM	0.05350	0.0100	pay 0.0050% / 4h	53m 02s	$7.6M	$36.2M	10x
Short	Bybit AKEUSDT	0.05354	0.0100	get 0.0013% / 1h	53m 02s	$17.4M	$167.8M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.075%Rate

Funding earned: $0
Price spread: +0.075% → +0.346%: −$27.11
Slippage, 4 orders: −$75.94
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$126.05
Costs to cover: 0.989%
Break-even: never at this rate

Slippage from KuCoin: live order book, 6 min ago; Bybit: live order book, 1 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	8.47 bp	30.3 bp −$30	214.8 bp −$2,148	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	0.28 bp	14.6 bp −$15	60.4 bp −$604	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	−0.0161%	1h	0.05345	−0.094%	$702K	$3.1M	5x	as long as short
Bybit AKEUSDTshort	+0.0100%	1h	0.05354	+0.075%	$17.4M	$167.8M	25x
KuCoin AKEUSDTMlong	+0.0100%	4h	0.05350	long leg	$7.6M	$36.2M	10x
SunX AKE-USDT	+0.0100%	4h	0.05350	−0.003%	—	$707K	10x	as long as short
HTX AKE-USDT	+0.0100%	4h	0.05367	+0.315%	$155K	$1.0M	10x	as long as short
Binance AKEUSDT	+0.0101%	4h	0.05356	+0.109%	$27.8M	$431.0M	10x	as long as short
MEXC AKE_USDT	+0.0102%	4h	0.05362	+0.227%	$15.9M	$29.8M	20x	as long as short
Extended AKE-USD	+0.0104%	1h	0.05362	+0.238%	$60K	$112K	5x	as long as short
edgeX 1000AKEUSDC	+0.0120%	4h	0.05399	+0.926%	$243K	$1.2M	5x	as long as short
OKX AKE-USDT-SWAP	+0.0242%	4h	0.05350	+0.005%	$4.7M	$358.8M	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget AKEUSDT	+0.0400%	4h	0.05357	+0.141%	$2.1M	$35.2M	10x	as long as short
BingX AKE-USDT	+0.0400%	4h	0.05350	+0.014%	—	$10.0M	—	as long as short
Gate AKE_USDT	+0.0556%	4h	0.05356	+0.124%	$4.9M	$69.5M	25x	as long as short
Variational Omni AKE	+0.0872%	1h	0.05373	+0.442%	$147K	$543K	—	as long as short