Funding arb · Price arb /

AKE

all AKE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0575%/8h= +63.0% APRpaid last 24h +0.787%

Price spread now: Bybit against edgeX+0.263%111s7-day average +0.552% · you sell dearer than you buy

Net, funding: paid 7d − costs−$585as 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−$1471.469% of the position

Long on edgeX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−4.378%−$438 on $10k

Price spread, last 7 days−0.207%−$21 · spread now +0.263%, 7d avg +0.552%

Together, before fees−4.584%+ Points / potential airdropedgeX: Active · farm board−$458 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bybit is 0.288% cheaper against edgeX than usual: you would sell low and buy high (spread +0.263% now, against its 7-day average of +0.552%). If the spread goes back, that is −$29 on $10k: about 40 hours of funding at the current rate (+$17 a day). Mind the row above: over the last 7 days funding on this pair cost −4.378%, so the current rate has only just turned in your favour. The two prices were read 111 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	0.05663	0.0236	pay 0.0118% / 4h	1h 35m	$254K	$1.2M	5x
Short	Bybit AKEUSDT	0.05678	0.0812	get 0.0101% / 1h	35m 37s	$18.2M	$169.7M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.263%Rate

Funding earned: $120.83
Price spread: +0.263% → +0.552%: −$28.84
Slippage, 4 orders: −$126.85
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$54.87
Costs to cover: 1.469%
Break-even: 10.2 days

Slippage from edgeX: live order book, 3 min ago; Bybit: live order book, 3 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, 3 min ago	2.10 bp	53.4 bp −$53	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 3 min ago	0.62 bp	20.8 bp −$21	82.1 bp −$821	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	−0.0098%	1h	0.05677	+0.235%	$745K	$3.2M	5x	as long as short
SunX AKE-USDT	+0.0100%	4h	0.05688	+0.434%	—	$711K	10x	as long as short
HTX AKE-USDT	+0.0100%	4h	0.05716	+0.927%	$165K	$1.1M	10x	as long as short
KuCoin AKEUSDTM	+0.0196%	4h	0.05681	+0.306%	$8.0M	$37.5M	10x	as long as short
edgeX 1000AKEUSDClong	+0.0236%	4h	0.05663	long leg	$254K	$1.2M	5x
Binance AKEUSDT	+0.0251%	4h	0.05680	+0.290%	$29.5M	$441.0M	10x	as long as short
MEXC AKE_USDT	+0.0254%	4h	0.05681	+0.318%	$16.4M	$31.6M	20x	as long as short
Extended AKE-USD	+0.0256%	1h	0.05679	+0.281%	$65K	$123K	5x	as long as short
Variational Omni AKE	+0.0371%	1h	0.05686	+0.393%	$162K	$556K	—	as long as short
OKX AKE-USDT-SWAP	+0.0467%	4h	0.05681	+0.310%	$4.9M	$394.0M	20x	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	+0.0556%	4h	0.05684	+0.367%	—	$10.4M	—	as long as short
Bitget AKEUSDT	+0.0590%	4h	0.05681	+0.316%	$2.2M	$36.5M	10x	as long as short
Gate AKE_USDT	+0.0776%	4h	0.05687	+0.422%	$5.4M	$72.1M	25x	as long as short
Bybit AKEUSDTshort	+0.0812%	1h	0.05678	+0.263%	$18.2M	$169.7M	25x