Funding arb · Price arb /

ACE

all ACE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%

Price spread now: Bitget against Binance+0.051%7-day average 0.000% · you sell dearer than you buy

Net, funding: paid 7d − costs−$42as in the Funding arb table

Net, price: spread back to 7d avg − costs−$64as in the Price arb table

costs, in and out, $10k−$690.694% of the position

Long on Binance Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.273%+$27 on $10k

Price spread, last 7 days−0.104%−$10 · spread now +0.051%, 7d avg 0.000%

Together, before fees+0.169%+$17 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: Bitget is 0.051% dearer against Binance than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of 0.000%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ACEUSDT	0.1711	0.0100	pay 0.0050% / 4h	2h 57m	$8.5M	$18.1M	20x
Short	Bitget ACEUSDT	0.1712	0.0100	get 0.0050% / 4h	2h 57m	$1.6M	$2.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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 BinancebpFee BitgetbpOrdersPrice spread, now +0.051%Rate

Funding earned: $0
Price spread: +0.051% → 0.000%: $5.09
Slippage, 4 orders: −$47.43
Fee Binance: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$64.34
Costs to cover: 0.694%
Break-even: never at this rate

Slippage from Binance: live order book, 14 min ago; 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 Binance live order book, 14 min ago	0.29 bp	17.1 bp −$17	106.3 bp −$1,063	doesn't fit	doesn't fit
Sell Bitget live order book, 5 min ago	2.90 bp	18.3 bp −$18	80.5 bp −$805	doesn't fit	doesn't fit

ACE on 13 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
Hyperliquid ACE	+0.0100%	1h	0.1712	+0.051%	$371K	$399K	3x	as long as short
Aster ACEUSDT	+0.0100%	4h	0.1713	+0.087%	$27K	$33K	5x	as long as short
Binance ACEUSDTlong	+0.0100%	4h	0.1711	long leg	$8.5M	$18.1M	20x
MEXC ACE_USDT	+0.0100%	4h	0.1710	−0.083%	$13.8M	$781K	20x	as long as short
KuCoin ACEUSDTM	+0.0100%	4h	0.1714	+0.162%	$2.0M	$517K	20x	as long as short
Bitget ACEUSDTshort	+0.0100%	4h	0.1712	+0.051%	$1.6M	$2.2M	10x
Variational Omni ACE	+0.0100%	4h	0.1722	+0.653%	$115K	$44K	—	as long as short
HTX ACE-USDT	+0.0100%	4h	0.1714	+0.180%	$15K	$117K	20x	as long as short
BloFin ACE-USDT	+0.0103%	4h	0.1713	+0.115%	$458K	$69K	20x	as long as short
Bybit ACEUSDT	+0.0119%	4h	0.1714	+0.168%	$2.5M	$2.6M	25x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ACE-USDT	+0.0214%	4h	0.1712	+0.051%	—	$1.4M	—	as long as short
Gate ACE_USDT	+0.0768%	4h	0.1714	+0.168%	$1.1M	$1.8M	25x	as long as short
Kraken Futures PF_ACEUSD	+0.0906%	1h	0.1713	+0.124%	$48K	$631K	10x	as long as short