Funding arb · Price arb /

AKE

all AKE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0640%/8h= −70.0% APRpaid last 24h +0.816%

Price spread now: Variational Omni against OKX+2.413%7-day average +0.953% · you sell dearer than you buy

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

Long on OKX Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.292%−$29 on $10k

Price spread, last 4 days (all we have)+1.757%+$176 · spread now +2.413%, 7d avg +0.953%

Together, before fees+1.465%+ Points / potential airdropVariational Omni: Active · farm board+$146 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Variational Omni is 1.460% dearer against OKX than usual: you sell high and buy low (spread +2.413% now, against its 7-day average of +0.953%): +$146 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 7.6 days. At the pace of the last 3 days (−0.292% in total) that is about 17 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX AKE-USDT-SWAP	0.05486	0.0740	pay 0.0370% / 4h	1h 32m	$4.8M	$443.5M	20x
Short	Variational Omni AKE	0.05618	0.0100	get 0.0013% / 1h	32m 35s	$173K	$671K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against OKX. 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 OKXbpFee Variational OmnibpOrdersPrice spread, now +2.413%Rate

Funding earned: −$134.34
Price spread: +2.413% → +0.953%: $146
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $1.66
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: OKX: live order book, 2 min ago; Variational Omni: RFQ quote, 31 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 OKX live order book, 2 min ago	0.91 bp	15.2 bp −$15	66.5 bp −$665	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 31 min ago	4.31 bp	doesn't fit	62.9 bp −$629	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	−0.0389%	1h	0.05466	−0.374%	$641K	$3.7M	5x	as long as short
Gate AKE_USDT	+0.0100%	4h	0.05468	−0.330%	$5.5M	$80.1M	25x	as long as short
Variational Omni AKEshort	+0.0100%	1h	0.05618	+2.413%	$173K	$671K	—
SunX AKE-USDT	+0.0100%	4h	0.05553	+1.218%	—	$719K	10x	as long as short
HTX AKE-USDT	+0.0100%	4h	0.05555	+1.260%	$166K	$1.7M	10x	as long as short
Binance AKEUSDT	+0.0229%	4h	0.05480	−0.101%	$27.8M	$490.1M	10x	as long as short
MEXC AKE_USDT	+0.0236%	4h	0.05482	−0.080%	$14.4M	$35.2M	20x	as long as short
Extended AKE-USD	+0.0240%	1h	0.05482	−0.074%	$75K	$287K	5x	as long as short
edgeX 1000AKEUSDC	+0.0261%	4h	0.05548	+1.137%	$243K	$1.3M	5x	as long as short
Bitget AKEUSDT	+0.0280%	1h	0.05493	+0.134%	$2.1M	$43.7M	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit AKEUSDT	+0.0446%	1h	0.05483	−0.054%	$17.6M	$178.1M	25x	as long as short
KuCoin AKEUSDTM	+0.0548%	4h	0.05482	−0.072%	$8.0M	$42.7M	10x	as long as short
OKX AKE-USDT-SWAPlong	+0.0740%	4h	0.05486	long leg	$4.8M	$443.5M	20x
BingX AKE-USDT	+0.0756%	4h	0.05502	+0.299%	—	$10.7M	—	as long as short