Funding arb · Price arb /

AKT

all AKT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0749%/8h= −82.0% APRpaid last 24h +1.343%

Price spread now: Kraken Futures against Binance−0.083%54s7-day average — · you buy dearer than you sell

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

Long on Binance Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+3.024%+$302 on $10k

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

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and Kraken Futures is 0.083% cheaper against Binance than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +3.024%, so the current rate has only just turned against you. The two prices were read 54 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	Binance AKTUSDT	0.6714	0.0100	pay 0.0050% / 4h	41m 28s	$2.4M	$11.7M	50x
Short	Kraken Futures PF_AKTUSD	0.6709	−0.0649	pay 0.0081% / 1h	41m 28s	$23K	$64K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Binance. 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 BinancebpFee Kraken FuturesbpOrdersPrice spread, now −0.083%Rate

Funding earned: −$157.27
Price spread: −0.083% → 0.000%: −$8.3
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$185.57
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 14 min ago; Kraken Futures: no order-book sample. 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 Binance live order book, 14 min ago	1.49 bp	28.9 bp −$29	77.8 bp −$778	doesn't fit	doesn't fit
Sell Kraken Futures no order-book sample	—	—	—	—	—

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_AKTUSDshort	−0.0649%	1h	0.6709	−0.083%	$23K	$64K	10x
Injective AKT/USDC PERP	+0.0033%	1h	0.6681	−0.497%	$910	$35K	5.5x	as long as short
Binance AKTUSDTlong	+0.0100%	4h	0.6714	long leg	$2.4M	$11.7M	50x
Bybit AKTUSDT	+0.0100%	4h	0.6725	+0.158%	$1.9M	$5.6M	25x	as long as short
Gate AKT_USDT	+0.0100%	4h	0.6708	−0.095%	$331K	$480K	50x	as long as short
MEXC AKT_USDT	+0.0100%	4h	0.6713	−0.020%	$15.1M	$954K	50x	as long as short
Bitget AKTUSDT	+0.0100%	4h	0.6709	−0.080%	$1.3M	$892K	50x	as long as short
BingX AKT-USDT	+0.0100%	4h	0.6719	+0.069%	—	$1.4M	—	as long as short
Variational Omni AKT	+0.0100%	4h	0.6718	+0.049%	$157K	$284K	—	as long as short
Extended AKT-USD	+0.0104%	1h	0.6711	−0.044%	$83K	$299K	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	0.6700	−0.214%	$157K	$216K	50x	as long as short