Settings8H · net · $10k
Funding arb · Price arb /

AKE

all AKE markets
SwapBacktest
Alert: funding
Alert: spread
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 − costsunder 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
What this pair did over the last
the charts below follow
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%
Together, before fees−1.291%−$129 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX AKE-USDT-SWAP0.055610.1226pay 0.0613% / 4h59m 32s$4.9M$467.0M20x
ShortBinance AKEUSDT0.055560.0222get 0.0111% / 4h59m 32s$28.1M$508.0M10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 5 min ago0.90 bp15.5 bp −$1568.3 bp −$683doesn't fitdoesn't fit
Sell Binance live order book, 14 min ago0.09 bp16.5 bp −$1686.2 bp −$862doesn't fitdoesn't fit

AKE on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster AKEUSDT+0.0100%1h0.05549−0.218%$628K$3.8M5xas long as short
Bybit AKEUSDT+0.0100%1h0.05557−0.071%$17.9M$183.6M25xas long as short
SunX AKE-USDT+0.0100%1h0.05559−0.027%$696K10xas long as short
HTX AKE-USDT+0.0100%1h0.05557−0.067%$166K$1.8M10xas long as short
Binance AKEUSDTshort+0.0222%4h0.05556−0.089%$28.1M$508.0M10x
MEXC AKE_USDT+0.0222%4h0.05560−0.022%$13.9M$36.1M20xas long as short
Extended AKE-USD+0.0224%1h0.05557−0.081%$76K$428K5xas long as short
KuCoin AKEUSDTM+0.0224%4h0.05564+0.051%$8.1M$44.8M10xas long as short
edgeX 1000AKEUSDC+0.0225%4h0.05547−0.247%$243K$1.3M5xas long as short
Bitget AKEUSDT+0.0504%1h0.05557−0.071%$2.1M$47.2M10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate AKE_USDT+0.0874%4h0.05562+0.013%$5.8M$84.3M25xas long as short
OKX AKE-USDT-SWAPlong+0.1226%4h0.05561long leg$4.9M$467.0M20x
BingX AKE-USDT+0.1276%4h0.05557−0.072%$10.6Mas long as short
Variational Omni AKE+0.4349%1h0.05545−0.294%$159K$768Kas long as short