Funding arb · Price arb /

AKE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0306%/8h= −33.5% APRpaid last 24h −0.209%

Price spread now: Aster against MEXC−0.572%7-day average +0.041% · 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−$183as in the Price arb table

costs, in and out, $10k−$1221.220% of the position

Long on MEXC Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.316%−$32 on $10k

Price spread, last 7 days+0.548%+$55 · spread now −0.572%, 7d avg +0.041%

Together, before fees+0.232%+ Points / potential airdropAster: Stage 5 · farm board+$23 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Aster is 0.613% cheaper against MEXC than usual: you would sell low and buy high (−$61 if the spread goes back to its 7-day average of +0.041%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC AKE_USDT	0.05834	0.0406	pay 0.0203% / 4h	54m 57s	$15.2M	$34.9M	20x
Short	Aster AKEUSDT	0.05801	0.0100	get 0.0013% / 1h	54m 57s	$691K	$3.7M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against MEXC. 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 MEXCbpFee AsterbpOrdersPrice spread, now −0.572%Rate

Funding earned: −$64.26
Price spread: −0.572% → +0.041%: −$61.34
Slippage, 4 orders: −$114.02
Fee MEXC: 0 bp × 2 orders: $0
Fee Aster: 4 bp × 2 orders: −$8
Net: −$247.62
Costs to cover: 1.220%
Break-even: never at this rate

Slippage from MEXC: live order book, 4 min ago; Aster: live order book, 4 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 MEXC live order book, 4 min ago	1.99 bp	22.5 bp −$23	33.1 bp −$331	152.4 bp −$15.2K	doesn't fit
Sell Aster live order book, 4 min ago	6.27 bp	47.5 bp −$48	295.8 bp −$2,958	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	0.05801	−0.572%	$691K	$3.7M	5x
SunX AKE-USDT	+0.0100%	4h	0.05815	−0.326%	—	$739K	10x	as long as short
HTX AKE-USDT	+0.0100%	4h	0.05792	−0.716%	$173K	$1.7M	10x	as long as short
Bitget AKEUSDT	+0.0212%	4h	0.05842	+0.135%	$2.2M	$44.2M	10x	as long as short
edgeX 1000AKEUSDC	+0.0396%	4h	0.05723	−1.906%	$250K	$1.3M	5x	as long as short
MEXC AKE_USDTlong	+0.0406%	4h	0.05834	long leg	$15.2M	$34.9M	20x
Extended AKE-USD	+0.0408%	1h	0.05815	−0.323%	$80K	$286K	5x	as long as short
Binance AKEUSDT	+0.0412%	4h	0.05832	−0.039%	$29.8M	$497.6M	10x	as long as short
KuCoin AKEUSDTM	+0.0422%	4h	0.05794	−0.677%	$8.3M	$43.4M	10x	as long as short
Gate AKE_USDT	+0.0478%	4h	0.05827	−0.123%	$5.6M	$82.9M	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	+0.0487%	4h	0.05831	−0.051%	$5.1M	$479.9M	20x	as long as short
Variational Omni AKE	+0.1762%	1h	0.05760	−1.270%	$174K	$667K	—	as long as short
BingX AKE-USDT	+0.3022%	4h	0.05829	−0.084%	—	$11.0M	—	as long as short
Bybit AKEUSDT	+1.1636%	1h	0.05823	−0.182%	$18.3M	$180.5M	25x	as long as short