Funding arb · Price arb /

AKE

all AKE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0036%/8h= −3.9% APRpaid last 24h +0.461%

Price spread now: SunX against KuCoin−0.401%7-day average −0.269% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+7.784%+$778 on $10k

Price spread, last 3 days (all we have)+0.859%+$86 · spread now −0.401%, 7d avg −0.269%

Together, before fees+8.644%+$864 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 SunX is 0.132% cheaper against KuCoin than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.269%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +7.784%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin AKEUSDTM	0.05560	0.0136	pay 0.0068% / 4h	1h 09m	$8.0M	$45.0M	10x
Short	SunX AKE-USDT	0.05538	0.0100	get 0.0013% / 1h	1h 09m	—	$695K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.401%Rate

Funding earned: −$7.56
Price spread: −0.401% → −0.269%: −$13.22
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$40.78
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 5 min ago; SunX: live order book, 62 min ago. Net counts fees only.

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, 5 min ago	10.07 bp	37.7 bp −$38	241.6 bp −$2,416	doesn't fit	doesn't fit
Sell SunX live order book, 62 min ago	900.09 bp	doesn't fit	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	0.05529	−0.550%	$625K	$3.8M	5x	as long as short
SunX AKE-USDTshort	+0.0100%	1h	0.05538	−0.401%	—	$695K	10x
HTX AKE-USDT	+0.0100%	1h	0.05623	+1.144%	$168K	$1.8M	10x	as long as short
KuCoin AKEUSDTMlong	+0.0136%	4h	0.05560	long leg	$8.0M	$45.0M	10x
Binance AKEUSDT	+0.0214%	4h	0.05559	−0.016%	$28.2M	$509.1M	10x	as long as short
Extended AKE-USD	+0.0216%	1h	0.05540	−0.366%	$76K	$429K	5x	as long as short
MEXC AKE_USDT	+0.0216%	4h	0.05563	+0.065%	$13.8M	$36.6M	20x	as long as short
edgeX 1000AKEUSDC	+0.0221%	4h	0.05525	−0.623%	$242K	$1.3M	5x	as long as short
Bitget AKEUSDT	+0.0392%	1h	0.05556	−0.067%	$2.1M	$47.4M	10x	as long as short
Gate AKE_USDT	+0.0806%	4h	0.05540	−0.349%	$5.8M	$85.3M	25x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX AKE-USDT	+0.1080%	4h	0.05559	−0.021%	—	$10.6M	—	as long as short
OKX AKE-USDT-SWAP	+0.1157%	4h	0.05561	+0.020%	$4.9M	$467.9M	20x	as long as short
Variational Omni AKE	+0.3885%	1h	0.05527	−0.589%	$158K	$829K	—	as long as short
Bybit AKEUSDT	+0.5033%	1h	0.05557	−0.043%	$17.9M	$184.2M	25x	as long as short