Funding arb · Price arb /

AKE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.1092%/8h= −119.6% APRpaid last 24h +0.158%

Price spread now: Extended against OKX−0.219%7-day average +0.361% · 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−$136as in the Price arb table

costs, in and out, $10k−$780.777% of the position

Long on OKX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)−0.710%−$71 on $10k

Price spread, last 4 days (all we have)+0.326%+$33 · spread now −0.219%, 7d avg +0.361%

Together, before fees−0.385%+ Points / potential airdropExtended: Active · farm board−$38 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 Extended is 0.581% cheaper against OKX than usual: you would sell low and buy high (−$58 if the spread goes back to its 7-day average of +0.361%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX AKE-USDT-SWAP	0.05770	0.1404	pay 0.0702% / 4h	33m 39s	$5.1M	$484.0M	20x
Short	Extended AKE-USD	0.05757	0.0312	get 0.0039% / 1h	33m 39s	$79K	$427K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.219%Rate

Funding earned: −$229.36
Price spread: −0.219% → +0.361%: −$58.08
Slippage, 4 orders: −$62.7
Fee OKX: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$365.14
Costs to cover: 0.777%
Break-even: never at this rate

Slippage from OKX: live order book, 5 min ago; Extended: live order book, 44 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	0.88 bp	14.4 bp −$14	65.1 bp −$651	doesn't fit	doesn't fit
Sell Extended live order book, 44 min ago	2.71 bp	23.2 bp −$23	225.4 bp −$2,254	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	0.05730	−0.694%	$645K	$3.7M	5x	as long as short
edgeX 1000AKEUSDC	+0.0293%	4h	0.05684	−1.486%	$249K	$1.3M	5x	as long as short
MEXC AKE_USDT	+0.0310%	4h	0.05745	−0.428%	$14.3M	$36.2M	20x	as long as short
Binance AKEUSDT	+0.0311%	4h	0.05748	−0.376%	$29.1M	$507.1M	10x	as long as short
Extended AKE-USDshort	+0.0312%	1h	0.05757	−0.219%	$79K	$427K	5x
KuCoin AKEUSDTM	+0.0322%	4h	0.05768	−0.037%	$8.3M	$44.8M	10x	as long as short
SunX AKE-USDT	+0.0400%	1h	0.05716	−0.934%	—	$701K	10x	as long as short
HTX AKE-USDT	+0.0400%	1h	0.05741	−0.507%	$170K	$1.8M	10x	as long as short
Bitget AKEUSDT	+0.0728%	1h	0.05767	−0.049%	$2.2M	$47.2M	10x	as long as short
Gate AKE_USDT	+0.1058%	4h	0.05752	−0.305%	$6.0M	$84.7M	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	+0.1404%	4h	0.05770	long leg	$5.1M	$484.0M	20x
BingX AKE-USDT	+0.1470%	4h	0.05768	−0.028%	—	$10.6M	—	as long as short
Variational Omni AKE	+0.6107%	1h	0.05680	−1.562%	$160K	$768K	—	as long as short
Bybit AKEUSDT	+0.7497%	1h	0.05763	−0.123%	$18.5M	$183.4M	25x	as long as short