Settings8H · net · $10k
Funding arb · Price arb /

AKE

all AKE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0656%/8h= −71.8% APRnext payment $3.28 per $10,000 · paid last 24h −0.634%
Price spread now: Binance against BingX−0.024%7-day average +0.152% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$560.561% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.213%−$21 on $10k
Price spread, last 7 days−0.024%−$2 · spread now −0.024%, 7d avg +0.152%
Together, before fees−0.237%−$24 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and Binance is 0.176% cheaper against BingX than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of +0.152%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.213% in total (about -11.1% a year). A funding rate is set anew for every payment; at this rate the next one is about $3.28 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX AKE-USDT0.054320.0932pay 0.0466% / 4h1h 37m$10.6M
ShortBinance AKEUSDT0.054310.0276get 0.0138% / 4h1h 37m$27.6M$509.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BingX. 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

Funding earned
−$137.66
Price spread: −0.024% → +0.152%
−$17.56
Slippage, 4 orders
−$36.12
Fee BingX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$211.34
Costs to cover
0.561%
Break-even
never at this rate
Slippage from BingX: live order book, 1 min ago; Binance: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 1 min ago0.74 bp16.1 bp −$1680.8 bp −$808518.8 bp −$51.9Kdoesn't fit
Sell Binance live order book, 7 min ago0.09 bp12.3 bp −$1257.2 bp −$572doesn't fitdoesn't fit

AKE on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster AKEUSDT+0.0100%1h0.05423−0.158%$615K$3.8M5xas long as short
SunX AKE-USDT+0.0100%1h0.05422−0.188%$693K10xas long as short
HTX AKE-USDT+0.0100%1h0.05440+0.142%$163K$1.8M10xas long as short
Bitget AKEUSDT+0.0144%1h0.05435+0.066%$2.1M$47.4M10xas long as short
KuCoin AKEUSDTM+0.0190%4h0.05420−0.225%$7.8M$45.0M10xas long as short
Binance AKEUSDTshort+0.0276%4h0.05431−0.024%$27.6M$509.2M10x
MEXC AKE_USDT+0.0278%4h0.05427−0.096%$13.3M$36.4M20xas long as short
Extended AKE-USD+0.0280%1h0.05423−0.155%$74K$441K5xas long as short
edgeX 1000AKEUSDC+0.0282%4h0.05457+0.469%$239K$1.3M5xas long as short
Gate AKE_USDT+0.0864%4h0.05431−0.014%$5.7M$85.0M25xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX AKE-USDTlong+0.0932%4h0.05432long leg$10.6M
OKX AKE-USDT-SWAP+0.0978%4h0.05437+0.094%$4.8M$457.5M20xas long as short
Bybit AKEUSDT+0.2026%1h0.05435+0.060%$17.7M$184.1M25xas long as short
Variational Omni AKE+0.3172%1h0.05469+0.674%$155K$833Kas long as short