Funding arb · Price arb /

AKE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.677%

Price spread now: Variational Omni against edgeX+0.075%104s7-day average +0.656% · you sell dearer than you buy

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

Long on edgeX Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−3.858%−$386 on $10k

Price spread, last 4 days (all we have)+0.710%+$71 · spread now +0.075%, 7d avg +0.656%

Together, before fees−3.149%+ Points / potential airdropedgeX: Active · Variational Omni: Active · farm board−$315 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.581% cheaper against edgeX than usual: you would sell low and buy high, −$58 on $10k if it goes back to its 7-day average of +0.656%. The two prices were read 104 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	0.05407	0.0100	pay 0.0050% / 4h	3h 17m	$244K	$1.3M	5x
Short	Variational Omni AKE	0.05411	0.0100	get 0.0013% / 1h	17m 50s	$143K	$500K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now +0.075%Rate

Funding earned: $0
Price spread: +0.075% → +0.656%: −$58.09
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$67.09
Costs to cover: 0.090%
Break-even: never at this rate

Slippage unknown: edgeX: live order book, 1 min ago; Variational Omni: RFQ quote, 11 min ago. 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 edgeX live order book, 1 min ago	2.75 bp	33.7 bp −$34	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 11 min ago	3.70 bp	doesn't fit	111.0 bp −$1,110	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	−0.0303%	1h	0.05381	−0.491%	$709K	$2.9M	5x	as long as short
Binance AKEUSDT	+0.0100%	4h	0.05392	−0.279%	$28.1M	$414.4M	10x	as long as short
Bybit AKEUSDT	+0.0100%	1h	0.05391	−0.305%	$17.5M	$162.9M	25x	as long as short
OKX AKE-USDT-SWAP	+0.0100%	4h	0.05386	−0.396%	$5.0M	$343.0M	20x	as long as short
MEXC AKE_USDT	+0.0100%	4h	0.05392	−0.285%	$17.1M	$28.9M	20x	as long as short
KuCoin AKEUSDTM	+0.0100%	4h	0.05389	−0.347%	$7.6M	$34.4M	10x	as long as short
Bitget AKEUSDT	+0.0100%	4h	0.05393	−0.265%	$2.1M	$33.0M	10x	as long as short
BingX AKE-USDT	+0.0100%	4h	0.05389	−0.350%	—	$9.7M	—	as long as short
Variational Omni AKEshort	+0.0100%	1h	0.05411	+0.075%	$143K	$500K	—
edgeX 1000AKEUSDClong	+0.0100%	4h	0.05407	long leg	$244K	$1.3M	5x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX AKE-USDT	+0.0100%	4h	0.05390	−0.320%	—	$707K	10x	as long as short
HTX AKE-USDT	+0.0100%	4h	0.05399	−0.161%	$155K	$971K	10x	as long as short
Extended AKE-USD	+0.0104%	1h	0.05390	−0.320%	$61K	$107K	5x	as long as short
Gate AKE_USDT	+0.0126%	4h	0.05392	−0.290%	$5.1M	$68.0M	25x	as long as short