Funding arb · Price arb /

AKE

all AKE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0130%/8h= −14.2% APRpaid last 24h −0.390%

Price spread now: Bitget against edgeX+0.130%54s7-day average +0.031% · you sell dearer than you buy

Net, funding: paid 7d − costs−$794as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1501.499% of the position

Long on edgeX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−6.445%−$645 on $10k

Price spread, last 3 days (all we have)−2.090%−$209 · spread now +0.130%, 7d avg +0.031%

Together, before fees−8.535%+ Points / potential airdropedgeX: Active · farm board−$854 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.100% dearer against edgeX than usual: you sell high and buy low (spread +0.130% now, against its 7-day average of +0.031%): +$10 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.6 days. At the pace of the last 7 days (−6.445% in total) that is about 3 hours. 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	edgeX 1000AKEUSDC	0.05429	0.0282	pay 0.0141% / 4h	1h 38m	$237K	$1.3M	5x
Short	Bitget AKEUSDT	0.05436	0.0152	get 0.0019% / 1h	38m 38s	$2.1M	$47.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against edgeX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 edgeXbpFee BitgetbpOrdersPrice spread, now +0.130%Rate

Funding earned: −$27.26
Price spread: +0.130% → +0.031%: $9.98
Slippage, 4 orders: −$128.88
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$167.16
Costs to cover: 1.499%
Break-even: never at this rate

Slippage from edgeX: live order book, just now; Bitget: live order book, 5 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 edgeX live order book, just now	2.48 bp	48.1 bp −$48	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 5 min ago	3.33 bp	26.0 bp −$26	doesn't fit	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	0.05431	+0.034%	$616K	$3.8M	5x	as long as short
SunX AKE-USDT	+0.0100%	1h	0.05457	+0.515%	—	$692K	10x	as long as short
HTX AKE-USDT	+0.0100%	1h	0.05446	+0.303%	$163K	$1.8M	10x	as long as short
Bitget AKEUSDTshort	+0.0152%	1h	0.05436	+0.130%	$2.1M	$47.4M	10x
KuCoin AKEUSDTM	+0.0198%	4h	0.05439	+0.184%	$7.8M	$45.0M	10x	as long as short
MEXC AKE_USDT	+0.0278%	4h	0.05435	+0.110%	$13.3M	$36.4M	20x	as long as short
Binance AKEUSDT	+0.0280%	4h	0.05438	+0.155%	$27.6M	$509.0M	10x	as long as short
Extended AKE-USD	+0.0280%	1h	0.05429	+0.001%	$74K	$441K	5x	as long as short
edgeX 1000AKEUSDClong	+0.0282%	4h	0.05429	long leg	$237K	$1.3M	5x
Gate AKE_USDT	+0.0884%	4h	0.05435	+0.097%	$5.7M	$84.9M	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	+0.0932%	4h	0.05434	+0.082%	—	$10.6M	—	as long as short
OKX AKE-USDT-SWAP	+0.0954%	4h	0.05448	+0.346%	$4.8M	$458.4M	20x	as long as short
Bybit AKEUSDT	+0.2220%	1h	0.05446	+0.308%	$17.7M	$184.0M	25x	as long as short
Variational Omni AKE	+0.3172%	1h	0.05469	+0.724%	$155K	$833K	—	as long as short