Funding arb · Price arb /

AKT

all AKT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0236%/8h= +25.8% APRpaid last 24h +0.025%

Price spread now: BloFin against Extended−0.099%94s7-day average +0.084% · you buy dearer than you sell

Net, funding: paid 7d − costs−$123as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1241.235% of the position

Long on Extended Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.001%$0 on $10k

Price spread, last 4 days (all we have)+0.144%+$14 · spread now −0.099%, 7d avg +0.084%

Together, before fees+0.145%+ Points / potential airdropExtended: Active · farm board+$14 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.183% cheaper against Extended than usual: you would sell low and buy high (spread −0.099% now, against its 7-day average of +0.084%). If the spread goes back, that is −$18 on $10k: about 2.6 days of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.001% in total) that is about years. The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.001% in total (about 0.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended AKT-USD	0.6522	0.0104	pay 0.0013% / 1h	57m 20s	$81K	$495K	10x
Short	BloFin AKT-USDT	0.6516	0.0340	get 0.0170% / 4h	2h 57m	$151K	$219K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Extended. 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 ExtendedbpFee BloFinbpOrdersPrice spread, now −0.099%Rate

Funding earned: $49.56
Price spread: −0.099% → +0.084%: −$18.31
Slippage, 4 orders: −$106.52
Fee Extended: 2.5 bp × 2 orders: −$5
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$92.27
Costs to cover: 1.235%
Break-even: 20.0 days

Slippage from Extended: live order book, 55 min ago; BloFin: live order book, 24 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 Extended live order book, 55 min ago	3.92 bp	32.5 bp −$32	236.6 bp −$2,366	doesn't fit	doesn't fit
Sell BloFin live order book, 24 min ago	9.14 bp	35.7 bp −$36	53.3 bp −$533	doesn't fit	doesn't fit

AKT on 11 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
Injective AKT/USDC PERP	+0.0033%	1h	0.6681	+2.430%	$910	$35K	5.5x	as long as short
Binance AKTUSDT	+0.0100%	4h	0.6535	+0.192%	$2.3M	$12.1M	50x	as long as short
Bybit AKTUSDT	+0.0100%	4h	0.6537	+0.223%	$1.7M	$5.8M	25x	as long as short
Gate AKT_USDT	+0.0100%	4h	0.6523	+0.008%	$323K	$379K	50x	as long as short
MEXC AKT_USDT	+0.0100%	4h	0.6531	+0.131%	$14.8M	$978K	50x	as long as short
Bitget AKTUSDT	+0.0100%	4h	0.6533	+0.161%	$1.4M	$1.1M	50x	as long as short
BingX AKT-USDT	+0.0100%	4h	0.6540	+0.269%	—	$1.5M	—	as long as short
Variational Omni AKT	+0.0100%	4h	0.6527	+0.075%	$139K	$293K	—	as long as short
Extended AKT-USDlong	+0.0104%	1h	0.6522	long leg	$81K	$495K	10x
BloFin AKT-USDTshort	+0.0340%	4h	0.6516	−0.099%	$151K	$219K	50x

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_AKTUSD	+0.1099%	1h	0.6516	−0.093%	$21K	$75K	10x	as long as short