Funding arb · Price arb /

AKE

all AKE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0178%/8h= +19.5% APRpaid last 24h +0.016%

Price spread now: Binance against Bitget−0.008%7-day average +0.075% · you buy dearer than you sell

Net, funding: paid 7d − costs+$65as in the Funding arb table

Net, price: spread back to 7d avg − costs−$97as in the Price arb table

costs, in and out, $10k−$890.891% of the position

Long on Bitget Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+1.538%+$154 on $10k

Price spread, last 7 days−0.082%−$8 · spread now −0.008%, 7d avg +0.075%

Together, before fees+1.456%+$146 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.083% cheaper against Bitget than usual: you would sell low and buy high (spread −0.008% now, against its 7-day average of +0.075%). If the spread goes back, that is −$8 on $10k: about 37 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+1.538% in total) that is about 9 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget AKEUSDT	0.05842	0.0240	pay 0.0030% / 1h	17m 16s	$2.2M	$46.7M	10x
Short	Binance AKEUSDT	0.05842	0.0418	get 0.0209% / 4h	3h 17m	$29.4M	$504.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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 BitgetbpFee BinancebpOrdersPrice spread, now −0.008%Rate

Funding earned: $37.47
Price spread: −0.008% → +0.075%: −$8.29
Slippage, 4 orders: −$67.12
Fee Bitget: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$59.95
Costs to cover: 0.891%
Break-even: 18.2 days

Slippage from Bitget: live order book, 2 min ago; Binance: live order book, 12 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 Bitget live order book, 2 min ago	3.22 bp	34.1 bp −$34	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 12 min ago	1.72 bp	16.7 bp −$17	76.5 bp −$765	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	+0.0100%	1h	0.05834	−0.137%	$656K	$3.7M	5x	as long as short
SunX AKE-USDT	+0.0100%	4h	0.05838	−0.072%	—	$706K	10x	as long as short
HTX AKE-USDT	+0.0100%	4h	0.05830	−0.208%	$174K	$1.8M	10x	as long as short
Bitget AKEUSDTlong	+0.0240%	1h	0.05842	long leg	$2.2M	$46.7M	10x
edgeX 1000AKEUSDC	+0.0411%	4h	0.05895	+0.908%	$258K	$1.3M	5x	as long as short
Extended AKE-USD	+0.0416%	1h	0.05840	−0.043%	$80K	$333K	5x	as long as short
Binance AKEUSDTshort	+0.0418%	4h	0.05842	−0.008%	$29.4M	$504.8M	10x
MEXC AKE_USDT	+0.0420%	4h	0.05839	−0.052%	$15.1M	$36.2M	20x	as long as short
KuCoin AKEUSDTM	+0.0532%	4h	0.05844	+0.037%	$8.4M	$44.3M	10x	as long as short
Gate AKE_USDT	+0.1294%	4h	0.05840	−0.031%	$6.0M	$84.3M	25x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX AKE-USDT	+0.1488%	4h	0.05838	−0.072%	—	$10.7M	—	as long as short
OKX AKE-USDT-SWAP	+0.1594%	4h	0.05842	−0.004%	$5.3M	$486.6M	20x	as long as short
Bybit AKEUSDT	+0.3300%	1h	0.05843	+0.008%	$18.5M	$182.8M	25x	as long as short
Variational Omni AKE	+0.3562%	1h	0.05896	+0.926%	$169K	$753K	—	as long as short