Funding arb · Price arb /

AKT

all AKT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.040%

Price spread now: BingX against Gate+0.258%7-day average +0.108% · you sell dearer than you buy

Net, funding: paid 7d − costs−$283as in the Funding arb table

Net, price: spread back to 7d avg − costs−$272as in the Price arb table

costs, in and out, $10k−$2872.874% of the position

Long on Gate Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.040%+$4 on $10k

Price spread, last 4 days (all we have)−0.138%−$14 · spread now +0.258%, 7d avg +0.108%

Together, before fees−0.098%−$10 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: BingX is 0.150% dearer against Gate than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of +0.108%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate AKT_USDT	0.6582	0.0100	pay 0.0050% / 4h	2h 31m	$327K	$420K	50x
Short	BingX AKT-USDT	0.6599	0.0100	get 0.0050% / 4h	2h 31m	—	$1.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Gate. 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 GatebpFee BingXbpOrdersPrice spread, now +0.258%Rate

Funding earned: $0
Price spread: +0.258% → +0.108%: $14.99
Slippage, 4 orders: −$262.35
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BingX: 5 bp × 2 orders: −$10
Net: −$272.37
Costs to cover: 2.874%
Break-even: never at this rate

Slippage from Gate: live order book, 34 min ago; BingX: live order book, 5 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 Gate live order book, 34 min ago	14.23 bp	99.0 bp −$99	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 5 min ago	3.83 bp	34.6 bp −$35	90.6 bp −$906	503.3 bp −$50.3K	727.4 bp −$363.7K

AKT on 10 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
Kraken Futures PF_AKTUSD	−0.1488%	1h	0.6603	+0.320%	$23K	$65K	10x	as long as short
Injective AKT/USDC PERP	+0.0033%	1h	0.6681	+1.504%	$910	$35K	5.5x	as long as short
Binance AKTUSDT	+0.0100%	4h	0.6594	+0.182%	$2.4M	$11.9M	50x	as long as short
Bybit AKTUSDT	+0.0100%	4h	0.6605	+0.349%	$1.8M	$5.9M	25x	as long as short
Gate AKT_USDTlong	+0.0100%	4h	0.6582	long leg	$327K	$420K	50x
MEXC AKT_USDT	+0.0100%	4h	0.6594	+0.182%	$15.0M	$984K	50x	as long as short
Bitget AKTUSDT	+0.0100%	4h	0.6596	+0.213%	$1.3M	$946K	50x	as long as short
BingX AKT-USDTshort	+0.0100%	4h	0.6599	+0.258%	—	$1.4M	—
Variational Omni AKT	+0.0100%	4h	0.6552	−0.448%	$144K	$289K	—	as long as short
Extended AKT-USD	+0.0104%	1h	0.6593	+0.171%	$83K	$514K	10x	as long as short