AKE arbitrage explained
Right now Akedo (AKE) trades on 10 venues we scan: 10 perpetual markets, 3 spot markets and 0 DEX pools. The lowest ask is on MEXC perp at $0.0304 and the highest bid on Aster perp at $0.0305.
The widest AKE perpetual spread is between MEXC and Aster: long AKE on MEXC at $0.0304 and short on Aster at $0.0305 for +0.34% gross, or +0.18% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is +0.437% per day, which the position collects while it is open.
For a spot–perpetual (cash-and-carry) trade, the best AKE route is to buy spot on Gate and short the perpetual on Aster: +0.23% gross, +0.03% net, with +0.467% a day of funding on the short leg.
Spot–spot AKE arbitrage (buy on Gate, withdraw, deposit and sell on MEXC) shows +0.05% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.
Small AKE gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.
Related: AKE funding rates · AKE spread charts · Akedo price · arbitrage scanner for all coins.