Funding arb · Price arb /

AKE

all AKE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.1013%/8h= +111.0% APRpaid last 24h −0.561%

Price spread now: OKX against SunX−0.212%7-day average −0.379% · you buy dearer than you sell

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

Long on SunX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)−6.224%−$622 on $10k

Price spread, last 3 days (all we have)−0.496%−$50 · spread now −0.212%, 7d avg −0.379%

Together, before fees−6.720%−$672 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$30 a day on $10k at the current rate, and OKX is 0.167% dearer against SunX than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.379%. Mind the row above: over the last 6 days funding on this pair cost −6.224%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX AKE-USDT	0.05743	0.0400	pay 0.0050% / 1h	32m 58s	—	$701K	10x
Short	OKX AKE-USDT-SWAP	0.05731	0.1413	get 0.0707% / 4h	32m 58s	$5.1M	$480.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against SunX. 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 SunXbpFee OKXbpOrdersPrice spread, now −0.212%Rate

Funding earned: $212.83
Price spread: −0.212% → −0.379%: $16.65
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: $211.49
Costs to cover: 0.180%
Break-even: 0.0 days

Slippage unknown: SunX: live order book, 28 min ago; OKX: 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, 28 min ago	900.10 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 1 min ago	0.87 bp	12.7 bp −$13	64.9 bp −$649	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	0.05731	−0.214%	$646K	$3.7M	5x	as long as short
edgeX 1000AKEUSDC	+0.0293%	4h	0.05684	−1.026%	$249K	$1.3M	5x	as long as short
MEXC AKE_USDT	+0.0310%	4h	0.05733	−0.169%	$14.3M	$36.3M	20x	as long as short
Binance AKEUSDT	+0.0311%	4h	0.05726	−0.293%	$29.0M	$507.2M	10x	as long as short
Extended AKE-USD	+0.0312%	1h	0.05736	−0.127%	$78K	$427K	5x	as long as short
KuCoin AKEUSDTM	+0.0322%	4h	0.05728	−0.266%	$8.2M	$44.8M	10x	as long as short
SunX AKE-USDTlong	+0.0400%	1h	0.05743	long leg	—	$701K	10x
HTX AKE-USDT	+0.0400%	1h	0.05772	+0.498%	$172K	$1.8M	10x	as long as short
Bitget AKEUSDT	+0.0728%	1h	0.05732	−0.192%	$2.2M	$47.2M	10x	as long as short
Gate AKE_USDT	+0.1058%	4h	0.05729	−0.255%	$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-SWAPshort	+0.1413%	4h	0.05731	−0.212%	$5.1M	$480.8M	20x
BingX AKE-USDT	+0.1470%	4h	0.05728	−0.261%	—	$10.6M	—	as long as short
Variational Omni AKE	+0.6107%	1h	0.05680	−1.103%	$160K	$768K	—	as long as short
Bybit AKEUSDT	+0.7497%	1h	0.05726	−0.294%	$18.4M	$183.4M	25x	as long as short