Settings8H · net · $10k
Funding arb · Price arb /

ACE

all ACE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0966%/8h= +105.8% APRnext payment +$4.83 per $10,000 · paid last 24h +0.019%
Price spread now: Gate against Bitget+0.057%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1311.305% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.231%+$23 on $10k
Price spread, last 7 days+0.109%+$11 · spread now +0.057%, 7d avg +0.042%
Together, before fees+0.340%+$34 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.042%, so right now this pair is about funding alone: +$29 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.231% in total (about 12.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.83 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ACEUSDT0.17500.0100pay 0.0050% / 4h57m 58s$1.6M$2.2M10x
ShortGate ACE_USDT0.17510.1066get 0.0533% / 4h57m 58s$1.2M$1.8M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Bitget. 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

Funding earned
$202.86
Price spread: +0.057% → +0.042%
$1.54
Slippage, 4 orders
−$103.51
Fee Bitget: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$73.89
Costs to cover
1.305%
Break-even
4.5 days
Slippage from Bitget: live order book, 4 min ago; Gate: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 4 min ago5.77 bp27.5 bp −$27127.9 bp −$1,279doesn't fitdoesn't fit
Sell Gate live order book, 5 min ago2.88 bp29.1 bp −$29152.5 bp −$1,525doesn't fitdoesn't fit

ACE on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin ACE-USDT+0.0099%4h0.1739−0.611%$467K$73K20xas long as short
Aster ACEUSDT+0.0100%4h0.1748−0.089%$24K$37K5xas long as short
Binance ACEUSDT+0.0100%4h0.1749−0.048%$8.7M$18.6M20xas long as short
MEXC ACE_USDT+0.0100%4h0.1749−0.034%$14.1M$782K20xas long as short
KuCoin ACEUSDTM+0.0100%4h0.1750+0.023%$2.0M$531K20xas long as short
Bitget ACEUSDTlong+0.0100%4h0.1750long leg$1.6M$2.2M10x
Variational Omni ACE+0.0100%4h0.1737−0.755%$116K$44Kas long as short
HTX ACE-USDT+0.0100%4h0.1739−0.634%$16K$97K20xas long as short
Hyperliquid ACE+0.0102%1h0.17500.000%$381K$419K3xas long as short
BingX ACE-USDT+0.0270%4h0.1751+0.034%$1.4Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ACEUSDT+0.0297%4h0.1752+0.097%$2.6M$2.8M25xas long as short
Gate ACE_USDTshort+0.1066%4h0.1751+0.057%$1.2M$1.8M25x
Kraken Futures PF_ACEUSD+0.1462%1h0.1750+0.016%$48K$654K10xas long as short