Funding arb · Price arb /

AKE

all AKE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.057%

Price spread now: Binance against OKX+0.091%7-day average +0.301% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$83as in the Price arb table

costs, in and out, $10k−$620.618% of the position

Long on OKX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)−1.421%−$142 on $10k

Price spread, last 6 days (all we have)+0.032%+$3 · spread now +0.091%, 7d avg +0.301%

Together, before fees−1.389%−$139 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: Binance is 0.210% cheaper against OKX than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of +0.301%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX AKE-USDT-SWAP	0.05400	0.0100	pay 0.0050% / 4h	3h 50m	$4.7M	$348.8M	20x
Short	Binance AKEUSDT	0.05405	0.0100	get 0.0050% / 4h	3h 50m	$28.1M	$418.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against OKX. 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 OKXbpFee BinancebpOrdersPrice spread, now +0.091%Rate

Funding earned: $0
Price spread: +0.091% → +0.301%: −$20.98
Slippage, 4 orders: −$41.8
Fee OKX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$82.78
Costs to cover: 0.618%
Break-even: never at this rate

Slippage from OKX: live order book, 4 min ago; Binance: live order book, 8 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 OKX live order book, 4 min ago	0.92 bp	17.2 bp −$17	62.1 bp −$621	doesn't fit	doesn't fit
Sell Binance live order book, 8 min ago	0.09 bp	15.5 bp −$16	84.6 bp −$846	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	−0.0622%	1h	0.05387	−0.237%	$703K	$3.0M	5x	as long as short
Binance AKEUSDTshort	+0.0100%	4h	0.05405	+0.091%	$28.1M	$418.7M	10x
Bybit AKEUSDT	+0.0100%	1h	0.05398	−0.039%	$17.5M	$164.0M	25x	as long as short
OKX AKE-USDT-SWAPlong	+0.0100%	4h	0.05400	long leg	$4.7M	$348.8M	20x
MEXC AKE_USDT	+0.0100%	4h	0.05405	+0.091%	$16.9M	$28.7M	20x	as long as short
KuCoin AKEUSDTM	+0.0100%	4h	0.05397	−0.053%	$7.6M	$34.7M	10x	as long as short
Variational Omni AKE	+0.0100%	1h	0.05386	−0.253%	$143K	$512K	—	as long as short
edgeX 1000AKEUSDC	+0.0100%	4h	0.05404	+0.066%	$245K	$1.3M	5x	as long as short
SunX AKE-USDT	+0.0100%	4h	0.05402	+0.039%	—	$704K	10x	as long as short
HTX AKE-USDT	+0.0100%	4h	0.05397	−0.064%	$155K	$980K	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended AKE-USD	+0.0104%	1h	0.05398	−0.028%	$61K	$110K	5x	as long as short
Bitget AKEUSDT	+0.0130%	4h	0.05406	+0.105%	$2.1M	$33.5M	10x	as long as short
BingX AKE-USDT	+0.0146%	4h	0.05404	+0.076%	—	$9.8M	—	as long as short
Gate AKE_USDT	+0.0944%	4h	0.05400	0.000%	$5.1M	$67.5M	25x	as long as short