Funding arb · Price arb /

AKT

all AKT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0279%/8h= +30.6% APRpaid last 24h −1.271%

Price spread now: BingX against Kraken Futures+0.233%53s7-day average — · you sell dearer than you buy

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

Long on Kraken Futures Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−2.985%−$299 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and BingX is 0.233% dearer against Kraken Futures than usual: you sell high and buy low: +$23 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −2.985%, 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	Kraken Futures PF_AKTUSD	0.6647	−0.0179	get 0.0022% / 1h	9m 28s	$23K	$63K	10x
Short	BingX AKT-USDT	0.6663	0.0100	get 0.0050% / 4h	3h 09m	—	$1.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Kraken Futures. 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 Kraken FuturesbpFee BingXbpOrdersPrice spread, now +0.233%Rate

Funding earned: $58.65
Price spread: +0.233% → 0.000%: $23.35
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: $62
Costs to cover: 0.200%
Break-even: from the start

Slippage unknown: Kraken Futures: no order-book sample; BingX: live order book, 7 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 Kraken Futures no order-book sample	—	—	—	—	—
Sell BingX live order book, 7 min ago	5.26 bp	39.8 bp −$40	119.1 bp −$1,191	563.9 bp −$56.4K	845.7 bp −$422.8K

Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Kraken Futures PF_AKTUSDlong	−0.0179%	1h	0.6647	long leg	$23K	$63K	10x
Injective AKT/USDC PERP	+0.0033%	1h	0.6681	+0.504%	$910	$35K	5.5x	as long as short
Binance AKTUSDT	+0.0100%	4h	0.6665	+0.257%	$2.4M	$11.8M	50x	as long as short
Bybit AKTUSDT	+0.0100%	4h	0.6676	+0.429%	$1.8M	$5.8M	25x	as long as short
Gate AKT_USDT	+0.0100%	4h	0.6655	+0.113%	$328K	$456K	50x	as long as short
MEXC AKT_USDT	+0.0100%	4h	0.6663	+0.233%	$15.1M	$1.0M	50x	as long as short
Bitget AKTUSDT	+0.0100%	4h	0.6664	+0.249%	$1.3M	$929K	50x	as long as short
BingX AKT-USDTshort	+0.0100%	4h	0.6663	+0.233%	—	$1.4M	—
Variational Omni AKT	+0.0100%	4h	0.6668	+0.315%	$156K	$281K	—	as long as short
Extended AKT-USD	+0.0104%	1h	0.6663	+0.238%	$82K	$514K	10x	as long as short

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin AKT-USDT	+0.0340%	4h	0.6651	+0.053%	$158K	$206K	50x	as long as short