Funding you earn now, next payment 01:00 UTC+0.0435%/8h= +47.6% APRpaid last 24h +0.892%
Price spread now: Kraken Futures against Binance−0.087%7-day average +0.156% · you buy dearer than you sell
Net, funding: paid 7d − costs+$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$690.693% of the position
Funding, last 7 days+1.032%+$103 on $10k
+Price spread, last 3 days (all we have)+0.446%+$45 · spread now −0.087%, 7d avg +0.156%
=Funding pays, the price is against you. Kraken Futures is 0.243% cheaper against Binance than usual: you would sell low and buy high (spread −0.087% now, against its 7-day average of +0.156%). If the spread goes back, that is −$24 on $10k: about 45 hours of funding at the current rate (+$13 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ACEUSDT | 0.1727 | 0.0100 | pay 0.0050% / 4h | 3h 14m | $8.6M | $18.1M | 20x |
| Short | Kraken Futures PF_ACEUSD | 0.1726 | 0.0535 | get 0.0067% / 1h | 14m 34s | $48K | $632K | 10x |
Binance ACEUSDT
Kraken Futures PF_ACEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $91.3
- Price spread: −0.087% → +0.156%
- −$24.3
- Slippage, 4 orders
- −$49.3
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$2.29
- Costs to cover
- 0.693%
- Break-even
- 7.2 days
Slippage from Binance: live order book, 11 min ago; Kraken Futures: live order book, 58 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, 11 min ago | 1.15 bp | 16.5 bp −$16 | 118.3 bp −$1,183 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 58 min ago | 6.66 bp | 17.8 bp −$18 | 100.6 bp −$1,006 | 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 | 0.1728 | +0.041% | $400K | $385K | 3x | as long as short |
| Aster ACEUSDT | +0.0100% | 4h | 0.1727 | −0.019% | $27K | $33K | 5x | as long as short |
| Binance ACEUSDTlong | +0.0100% | 4h | 0.1727 | long leg | $8.6M | $18.1M | 20x | |
| Bybit ACEUSDT | +0.0100% | 4h | 0.1729 | +0.093% | $2.5M | $2.5M | 25x | as long as short |
| MEXC ACE_USDT | +0.0100% | 4h | 0.1726 | −0.046% | $13.9M | $790K | 20x | as long as short |
| KuCoin ACEUSDTM | +0.0100% | 4h | 0.1728 | +0.017% | $2.0M | $520K | 20x | as long as short |
| Bitget ACEUSDT | +0.0100% | 4h | 0.1728 | +0.041% | $1.6M | $2.2M | 10x | as long as short |
| BingX ACE-USDT | +0.0100% | 4h | 0.1728 | +0.017% | — | $1.4M | — | as long as short |
| Variational Omni ACE | +0.0100% | 4h | 0.1730 | +0.138% | $116K | $44K | — | as long as short |
| HTX ACE-USDT | +0.0100% | 4h | 0.1723 | −0.261% | $16K | $121K | 20x | as long as short |
Hyperliquid ACE
Aster ACEUSDT
Bybit ACEUSDT
MEXC ACE_USDT
KuCoin ACEUSDTM
Bitget ACEUSDT
BingX ACE-USDT
Variational Omni ACE
HTX ACE-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ACE-USDT | +0.0125% | 4h | 0.1726 | −0.081% | $459K | $70K | 20x | as long as short |
| Kraken Futures PF_ACEUSDshort | +0.0535% | 1h | 0.1726 | −0.087% | $48K | $632K | 10x | |
| Gate ACE_USDT | +0.0700% | 4h | 0.1728 | +0.041% | $1.1M | $1.8M | 25x | as long as short |
BloFin ACE-USDT
Gate ACE_USDT