Funding you earn now, next payment 00:00 UTC−0.1005%/8h= −110.0% APRnext payment −$5.02 per $10,000 · paid last 24h +0.166%
Price spread now: Binance against OKX−0.089%7-day average +0.348% · 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−$110as in the Price arb table
costs, in and out, $10k−$660.661% of the position
Funding, last 6 days (all we have)−1.355%−$136 on $10k
+Price spread, last 6 days (all we have)+0.064%+$6 · spread now −0.089%, 7d avg +0.348%
=Both sides work against this trade now: funding costs −$30 a day on $10k at the current rate, and Binance is 0.437% cheaper against OKX than usual: you would sell low and buy high (−$44 if the spread goes back to its 7-day average of +0.348%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX AKE-USDT-SWAP | 0.05561 | 0.1226 | pay 0.0613% / 4h | 59m 32s | $4.9M | $467.0M | 20x |
| Short | Binance AKEUSDT | 0.05556 | 0.0222 | get 0.0111% / 4h | 59m 32s | $28.1M | $508.0M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$210.98
- Price spread: −0.089% → +0.348%
- −$43.67
- Slippage, 4 orders
- −$46.1
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$320.74
- Costs to cover
- 0.661%
- Break-even
- never at this rate
Slippage from OKX: live order book, 5 min ago; Binance: live order book, 14 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, 5 min ago | 0.90 bp | 15.5 bp −$15 | 68.3 bp −$683 | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 0.09 bp | 16.5 bp −$16 | 86.2 bp −$862 | 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 | 0.05549 | −0.218% | $628K | $3.8M | 5x | as long as short |
| Bybit AKEUSDT | +0.0100% | 1h | 0.05557 | −0.071% | $17.9M | $183.6M | 25x | as long as short |
| SunX AKE-USDT | +0.0100% | 1h | 0.05559 | −0.027% | — | $696K | 10x | as long as short |
| HTX AKE-USDT | +0.0100% | 1h | 0.05557 | −0.067% | $166K | $1.8M | 10x | as long as short |
| Binance AKEUSDTshort | +0.0222% | 4h | 0.05556 | −0.089% | $28.1M | $508.0M | 10x | |
| MEXC AKE_USDT | +0.0222% | 4h | 0.05560 | −0.022% | $13.9M | $36.1M | 20x | as long as short |
| Extended AKE-USD | +0.0224% | 1h | 0.05557 | −0.081% | $76K | $428K | 5x | as long as short |
| KuCoin AKEUSDTM | +0.0224% | 4h | 0.05564 | +0.051% | $8.1M | $44.8M | 10x | as long as short |
| edgeX 1000AKEUSDC | +0.0225% | 4h | 0.05547 | −0.247% | $243K | $1.3M | 5x | as long as short |
| Bitget AKEUSDT | +0.0504% | 1h | 0.05557 | −0.071% | $2.1M | $47.2M | 10x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate AKE_USDT | +0.0874% | 4h | 0.05562 | +0.013% | $5.8M | $84.3M | 25x | as long as short |
| OKX AKE-USDT-SWAPlong | +0.1226% | 4h | 0.05561 | long leg | $4.9M | $467.0M | 20x | |
| BingX AKE-USDT | +0.1276% | 4h | 0.05557 | −0.072% | — | $10.6M | — | as long as short |
| Variational Omni AKE | +0.4349% | 1h | 0.05545 | −0.294% | $159K | $768K | — | as long as short |
OKX AKE-USDT-SWAP
Binance AKEUSDT
Aster AKEUSDT
Bybit AKEUSDT
SunX AKE-USDT
HTX AKE-USDT
MEXC AKE_USDT
Extended AKE-USD
KuCoin AKEUSDTM
edgeX 1000AKEUSDC
Bitget AKEUSDT
Gate AKE_USDT
BingX AKE-USDT
Variational Omni AKE