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−0.0281%/8h= −30.8% APRnext payment $1.41 per $10,000 · paid last 24h +0.026%
Price spread now: Bitget against OKX+0.077%7-day average +0.243% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1131.135% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)−2.883%−$288 on $10k
Price spread, last 6 days (all we have)+0.251%+$25 · spread now +0.077%, 7d avg +0.243%
Together, before fees−2.632%−$263 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Bitget is 0.167% cheaper against OKX than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of +0.243%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX AKE-USDT-SWAP0.057550.0479pay 0.0240% / 4h56m 14s$5.0M$473.3M20x
ShortBitget AKEUSDT0.057590.0198get 0.0099% / 4h56m 14s$2.2M$44.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
−$59.02
Price spread: +0.077% → +0.243%
−$16.68
Slippage, 4 orders
−$91.46
Fee OKX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$189.16
Costs to cover
1.135%
Break-even
never at this rate
Slippage from OKX: live order book, 3 min ago; Bitget: live order book, 3 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, 3 min ago1.76 bp15.5 bp −$1682.1 bp −$821doesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago7.62 bp39.7 bp −$40doesn't fitdoesn'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%1h0.05747−0.134%$685K$3.7M5xas long as short
SunX AKE-USDT+0.0100%4h0.05744−0.186%$738K10xas long as short
HTX AKE-USDT+0.0100%4h0.05772+0.302%$173K$1.7M10xas long as short
Bitget AKEUSDTshort+0.0198%4h0.05759+0.077%$2.2M$44.2M10x
edgeX 1000AKEUSDC+0.0327%4h0.05467−5.011%$239K$1.3M5xas long as short
Variational Omni AKE+0.0341%1h0.05467−5.002%$166K$676Kas long as short
MEXC AKE_USDT+0.0406%4h0.05761+0.113%$15.0M$34.9M20xas long as short
Binance AKEUSDT+0.0408%4h0.05763+0.134%$29.4M$497.1M10xas long as short
Extended AKE-USD+0.0408%1h0.05756+0.012%$79K$286K5xas long as short
KuCoin AKEUSDTM+0.0414%4h0.05754−0.013%$8.3M$43.4M10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate AKE_USDT+0.0432%4h0.05754−0.016%$5.6M$82.8M25xas long as short
OKX AKE-USDT-SWAPlong+0.0479%4h0.05755long leg$5.0M$473.3M20x
BingX AKE-USDT+0.3022%4h0.05757+0.030%$11.0Mas long as short
Bybit AKEUSDT+1.4293%1h0.05753−0.033%$18.1M$180.4M25xas long as short