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

AKE

all AKE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0045%/8h= −5.0% APRnext payment $0.23 per $10,000 · paid last 24h +0.788%
Price spread now: BingX against OKX+0.215%7-day average +0.165% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$560.560% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)−0.972%−$97 on $10k
Price spread, last 6 days (all we have)−0.161%−$16 · spread now +0.215%, 7d avg +0.165%
Together, before fees−1.132%−$113 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BingX is 0.051% dearer against OKX than usual: you sell high and buy low (spread +0.215% now, against its 7-day average of +0.165%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.7 days. At the pace of the last 6 days (−0.972% in total) that is about 7 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX AKE-USDT-SWAP0.057130.1647pay 0.0824% / 4h3h 43m$5.0M$478.2M20x
ShortBingX AKE-USDT0.057250.1602get 0.0801% / 4h3h 43m$10.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
−$9.5
Price spread: +0.215% → +0.165%
$5.06
Slippage, 4 orders
−$35.96
Fee OKX: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$60.4
Costs to cover
0.560%
Break-even
never at this rate
Slippage from OKX: live order book, 5 min ago; BingX: live order book, 4 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 ago0.87 bp14.2 bp −$1458.0 bp −$580doesn't fitdoesn't fit
Sell BingX live order book, 4 min ago0.62 bp11.1 bp −$1154.6 bp −$546351.0 bp −$35.1K1107.8 bp −$553.9K

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%1h0.05689−0.417%$640K$3.7M5xas long as short
SunX AKE-USDT+0.0100%4h0.05688−0.431%$703K10xas long as short
HTX AKE-USDT+0.0100%4h0.05670−0.745%$169K$1.8M10xas long as short
Extended AKE-USD+0.0368%1h0.05716+0.049%$78K$374K5xas long as short
MEXC AKE_USDT+0.0370%4h0.05700−0.229%$14.6M$36.1M20xas long as short
Binance AKEUSDT+0.0371%4h0.05717+0.066%$28.8M$506.7M10xas long as short
edgeX 1000AKEUSDC+0.0378%4h0.05670−0.750%$248K$1.3M5xas long as short
Gate AKE_USDT+0.0432%4h0.05695−0.323%$5.9M$83.7M25xas long as short
KuCoin AKEUSDTM+0.0468%4h0.05712−0.011%$8.1M$44.5M10xas long as short
Bitget AKEUSDT+0.0544%1h0.05725+0.215%$2.1M$46.9M10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX AKE-USDTshort+0.1602%4h0.05725+0.215%$10.7M
OKX AKE-USDT-SWAPlong+0.1647%4h0.05713long leg$5.0M$478.2M20x
Variational Omni AKE+0.4656%1h0.05676−0.655%$162K$752Kas long as short
Bybit AKEUSDT+0.4861%1h0.05712−0.019%$18.2M$183.5M25xas long as short