Funding arb · Price arb /

AKE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0122%/8h= +13.4% APRpaid last 24h −0.502%

Price spread now: MEXC against SunX−0.247%53s7-day average +0.012% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on SunX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−7.542%−$754 on $10k

Price spread, last 3 days (all we have)−0.083%−$8 · spread now −0.247%, 7d avg +0.012%

Together, before fees−7.625%−$763 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.260% cheaper against SunX than usual: you would sell low and buy high (spread −0.247% now, against its 7-day average of +0.012%). If the spread goes back, that is −$26 on $10k: about 7.1 days of funding at the current rate (+$4 a day). Mind the row above: over the last 7 days funding on this pair cost −7.542%, so the current rate has only just turned in your favour. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX AKE-USDT	0.05541	0.0100	pay 0.0013% / 1h	1h 17m	—	$695K	10x
Short	MEXC AKE_USDT	0.05527	0.0222	get 0.0111% / 4h	1h 17m	$13.7M	$36.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against SunX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 SunXbpFee MEXCbpOrdersPrice spread, now −0.247%Rate

Funding earned: $25.62
Price spread: −0.247% → +0.012%: −$25.95
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee MEXC: 0 bp × 2 orders: $0
Net: −$8.33
Costs to cover: 0.080%
Break-even: 9.3 days

Slippage unknown: SunX: live order book, 54 min ago; MEXC: live order book, 1 min ago. Net counts fees only.

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 SunX live order book, 54 min ago	900.09 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 1 min ago	0.45 bp	16.3 bp −$16	37.0 bp −$370	199.9 bp −$20.0K	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	0.05523	−0.331%	$624K	$3.8M	5x	as long as short
SunX AKE-USDTlong	+0.0100%	1h	0.05541	long leg	—	$695K	10x
HTX AKE-USDT	+0.0100%	1h	0.05541	−0.008%	$165K	$1.8M	10x	as long as short
KuCoin AKEUSDTM	+0.0144%	4h	0.05525	−0.283%	$8.0M	$45.0M	10x	as long as short
MEXC AKE_USDTshort	+0.0222%	4h	0.05527	−0.247%	$13.7M	$36.5M	20x
edgeX 1000AKEUSDC	+0.0228%	4h	0.05494	−0.839%	$241K	$1.3M	5x	as long as short
Binance AKEUSDT	+0.0230%	4h	0.05526	−0.278%	$28.1M	$509.0M	10x	as long as short
Extended AKE-USD	+0.0232%	1h	0.05525	−0.292%	$76K	$429K	5x	as long as short
Bitget AKEUSDT	+0.0280%	1h	0.05526	−0.271%	$2.1M	$47.4M	10x	as long as short
Gate AKE_USDT	+0.0834%	4h	0.05528	−0.237%	$5.8M	$85.2M	25x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX AKE-USDT	+0.1000%	4h	0.05528	−0.236%	—	$10.6M	—	as long as short
OKX AKE-USDT-SWAP	+0.1093%	4h	0.05530	−0.199%	$4.9M	$465.2M	20x	as long as short
Variational Omni AKE	+0.3302%	1h	0.05485	−1.008%	$157K	$835K	—	as long as short
Bybit AKEUSDT	+0.3925%	1h	0.05527	−0.248%	$17.8M	$184.1M	25x	as long as short