Funding you earn now, next payment 08:00 UTC+0.0282%/8h= +30.8% APRnext payment +$1.41 per $10,000 · paid last 24h +0.028%
Price spread now: Bybit against Bitget+0.062%7-day average +0.131% · you sell dearer than you buy
Net, funding: paid 7d − costs−$211as in the Funding arb table
Net, price: spread back to 7d avg − costs−$209as in the Price arb table
costs, in and out, $10k−$2022.023% of the position
Funding, last 7 days−0.087%−$9 on $10k
+Price spread, last 7 days+0.545%+$55 · spread now +0.062%, 7d avg +0.131%
=Funding pays, the price is against you. Bybit is 0.069% cheaper against Bitget than usual: you would sell low and buy high (spread +0.062% now, against its 7-day average of +0.131%). If the spread goes back, that is −$7 on $10k: about 20 hours of funding at the current rate (+$8 a day). Mind the row above: over the last 7 days funding on this pair cost −0.087%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.087% in total (about -4.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.41 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ACEUSDT | 0.1774 | 0.0100 | pay 0.0050% / 4h | 2h 32m | $1.6M | $2.1M | 10x |
| Short | Bybit ACEUSDT | 0.1775 | 0.0381 | get 0.0191% / 4h | 2h 32m | $2.7M | $2.9M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Bitget. 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
- $59.12
- Price spread: +0.062% → +0.131%
- −$6.87
- Slippage, 4 orders
- −$179.29
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$150.05
- Costs to cover
- 2.023%
- Break-even
- 24.8 days
Slippage from Bitget: live order book, 5 min ago; Bybit: live order book, 10 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 Bitget live order book, 5 min ago | 2.81 bp | 19.9 bp −$20 | 122.5 bp −$1,225 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 10 min ago | 1.13 bp | 70.6 bp −$71 | doesn't fit | 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 | 0.1773 | −0.056% | $373K | $425K | 3x | as long as short |
| Aster ACEUSDT | +0.0100% | 4h | 0.1774 | −0.012% | $20K | $42K | 5x | as long as short |
| Binance ACEUSDT | +0.0100% | 4h | 0.1774 | −0.024% | $8.9M | $19.0M | 20x | as long as short |
| MEXC ACE_USDT | +0.0100% | 4h | 0.1773 | −0.056% | $14.3M | $781K | 20x | as long as short |
| KuCoin ACEUSDTM | +0.0100% | 4h | 0.1774 | 0.000% | $2.0M | $541K | 20x | as long as short |
| Bitget ACEUSDTlong | +0.0100% | 4h | 0.1774 | long leg | $1.6M | $2.1M | 10x | |
| HTX ACE-USDT | +0.0100% | 4h | 0.1771 | −0.197% | $16K | $73K | 20x | as long as short |
| BloFin ACE-USDT | +0.0128% | 4h | 0.1771 | −0.147% | $477K | $63K | 20x | as long as short |
| Variational Omni ACE | +0.0266% | 4h | 0.1780 | +0.351% | $119K | $44K | — | as long as short |
| Bybit ACEUSDTshort | +0.0381% | 4h | 0.1775 | +0.062% | $2.7M | $2.9M | 25x |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ACE-USDT | +0.0462% | 4h | 0.1774 | +0.011% | — | $1.4M | — | as long as short |
| Gate ACE_USDT | +0.0476% | 4h | 0.1775 | +0.056% | $1.2M | $1.8M | 25x | as long as short |
| Kraken Futures PF_ACEUSD | +0.0864% | 1h | 0.1772 | −0.136% | $44K | $668K | 10x | as long as short |
Bitget ACEUSDT
Bybit ACEUSDT
Hyperliquid ACE
Aster ACEUSDT
Binance ACEUSDT
MEXC ACE_USDT
KuCoin ACEUSDTM
HTX ACE-USDT
BloFin ACE-USDT
Variational Omni ACE
BingX ACE-USDT
Gate ACE_USDT
Kraken Futures PF_ACEUSD