Funding arb · Price arb /

AKE

all AKE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.049%

Price spread now: KuCoin against OKX−0.094%7-day average +0.492% · 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−$168as in the Price arb table

costs, in and out, $10k−$1091.091% of the position

Long on OKX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)−1.740%−$174 on $10k

Price spread, last 6 days (all we have)+0.101%+$10 · spread now −0.094%, 7d avg +0.492%

Together, before fees−1.639%−$164 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.587% cheaper against OKX than usual: you would sell low and buy high, −$59 on $10k if it goes back to its 7-day average of +0.492%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX AKE-USDT-SWAP	0.05375	0.0100	pay 0.0050% / 4h	3h 59m	$4.7M	$349.4M	20x
Short	KuCoin AKEUSDTM	0.05370	0.0100	get 0.0050% / 4h	3h 59m	$7.6M	$34.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.094%Rate

Funding earned: $0
Price spread: −0.094% → +0.492%: −$58.67
Slippage, 4 orders: −$87.1
Fee OKX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$167.78
Costs to cover: 1.091%
Break-even: never at this rate

Slippage from OKX: live order book, 5 min ago; KuCoin: live order book, 9 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	0.94 bp	18.8 bp −$19	85.4 bp −$854	doesn't fit	doesn't fit
Sell KuCoin live order book, 9 min ago	6.66 bp	42.1 bp −$42	203.5 bp −$2,035	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	−0.0620%	1h	0.05341	−0.629%	$697K	$3.0M	5x	as long as short
Binance AKEUSDT	+0.0100%	4h	0.05354	−0.387%	$27.8M	$420.8M	10x	as long as short
Bybit AKEUSDT	+0.0100%	1h	0.05362	−0.236%	$17.5M	$164.7M	25x	as long as short
OKX AKE-USDT-SWAPlong	+0.0100%	4h	0.05375	long leg	$4.7M	$349.4M	20x
MEXC AKE_USDT	+0.0100%	4h	0.05335	−0.739%	$16.6M	$28.6M	20x	as long as short
KuCoin AKEUSDTMshort	+0.0100%	4h	0.05370	−0.094%	$7.6M	$34.9M	10x
Variational Omni AKE	+0.0100%	1h	0.05328	−0.871%	$141K	$515K	—	as long as short
edgeX 1000AKEUSDC	+0.0100%	4h	0.05333	−0.789%	$242K	$1.3M	5x	as long as short
SunX AKE-USDT	+0.0100%	4h	0.05339	−0.666%	—	$706K	10x	as long as short
HTX AKE-USDT	+0.0100%	4h	0.05345	−0.564%	$152K	$982K	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended AKE-USD	+0.0104%	1h	0.05371	−0.084%	$60K	$112K	5x	as long as short
Bitget AKEUSDT	+0.0160%	4h	0.05376	+0.021%	$2.1M	$33.8M	10x	as long as short
BingX AKE-USDT	+0.0190%	4h	0.05375	+0.007%	—	$9.9M	—	as long as short
Gate AKE_USDT	+0.0452%	4h	0.05361	−0.264%	$5.2M	$67.2M	25x	as long as short