Funding arb · Price arb /

AKE

all AKE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.1106%/8h= −121.1% APRpaid last 24h −0.047%

Price spread now: Aster against OKX−0.135%7-day average +0.397% · 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−$154as in the Price arb table

costs, in and out, $10k−$1011.007% of the position

Long on OKX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−1.743%−$174 on $10k

Price spread, last 6 days (all we have)−0.088%−$9 · spread now −0.135%, 7d avg +0.397%

Together, before fees−1.831%+ Points / potential airdropAster: Stage 5 · farm board−$183 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$33 a day on $10k at the current rate, and Aster is 0.532% cheaper against OKX than usual: you would sell low and buy high (−$53 if the spread goes back to its 7-day average of +0.397%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX AKE-USDT-SWAP	0.05554	0.1206	pay 0.0603% / 4h	1h 01m	$4.9M	$466.6M	20x
Short	Aster AKEUSDT	0.05547	0.0100	get 0.0013% / 1h	1m 55s	$627K	$3.8M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against OKX. 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 OKXbpFee AsterbpOrdersPrice spread, now −0.135%Rate

Funding earned: −$232.21
Price spread: −0.135% → +0.397%: −$53.22
Slippage, 4 orders: −$82.75
Fee OKX: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$386.17
Costs to cover: 1.007%
Break-even: never at this rate

Slippage from OKX: live order book, 2 min ago; Aster: live order book, 2 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 OKX live order book, 2 min ago	0.90 bp	15.5 bp −$15	68.3 bp −$683	doesn't fit	doesn't fit
Sell Aster live order book, 2 min ago	4.51 bp	32.8 bp −$33	239.2 bp −$2,392	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	0.05547	−0.135%	$627K	$3.8M	5x
SunX AKE-USDT	+0.0100%	1h	0.05559	+0.092%	—	$695K	10x	as long as short
HTX AKE-USDT	+0.0100%	1h	0.05578	+0.436%	$167K	$1.8M	10x	as long as short
KuCoin AKEUSDTM	+0.0212%	4h	0.05563	+0.159%	$8.1M	$44.8M	10x	as long as short
Binance AKEUSDT	+0.0221%	4h	0.05547	−0.128%	$28.1M	$508.1M	10x	as long as short
Extended AKE-USD	+0.0224%	1h	0.05554	0.000%	$76K	$428K	5x	as long as short
MEXC AKE_USDT	+0.0224%	4h	0.05553	−0.014%	$13.9M	$36.6M	20x	as long as short
edgeX 1000AKEUSDC	+0.0227%	4h	0.05568	+0.248%	$244K	$1.3M	5x	as long as short
Bitget AKEUSDT	+0.0504%	1h	0.05557	+0.056%	$2.1M	$47.2M	10x	as long as short
Gate AKE_USDT	+0.0876%	4h	0.05558	+0.079%	$5.8M	$85.4M	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-SWAPlong	+0.1206%	4h	0.05554	long leg	$4.9M	$466.6M	20x
BingX AKE-USDT	+0.1276%	4h	0.05547	−0.130%	—	$10.6M	—	as long as short
Variational Omni AKE	+0.4715%	1h	0.05579	+0.442%	$160K	$798K	—	as long as short
Bybit AKEUSDT	+0.4981%	1h	0.05547	−0.124%	$17.9M	$183.7M	25x	as long as short