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+0.0195%/8h= +21.3% APRnext payment +$0.97 per $10,000 · paid last 24h +0.003%
Price spread now: BingX against BloFin−0.017%51s7-day average +0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs+$14as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$810.806% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.941%+$94 on $10k
Price spread, last 4 days (all we have)−0.352%−$35 · spread now −0.017%, 7d avg +0.063%
Together, before fees+0.589%+$59 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.080% cheaper against BloFin than usual: you would sell low and buy high (spread −0.017% now, against its 7-day average of +0.063%). If the spread goes back, that is −$8 on $10k: about 33 hours of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.941% in total) that is about 14 hours. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ACE-USDT0.17510.0041pay 0.0021% / 4h1h 16m$470K$74K20x
ShortBingX ACE-USDT0.17510.0236get 0.0118% / 4h1h 16m$1.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against BloFin. 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
$40.88
Price spread: −0.017% → +0.063%
−$7.98
Slippage, 4 orders
−$58.56
Fee BloFin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$47.66
Costs to cover
0.806%
Break-even
15.2 days
Slippage from BloFin: live order book, 24 min ago; BingX: 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 BloFin live order book, 24 min ago1.44 bp22.3 bp −$22doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 5 min ago2.00 bp20.5 bp −$2061.0 bp −$610doesn'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-USDTlong+0.0041%4h0.1751long leg$470K$74K20x
Hyperliquid ACE+0.0100%1h0.1750−0.069%$377K$409K3xas long as short
Aster ACEUSDT+0.0100%4h0.1747−0.232%$24K$37K5xas long as short
Binance ACEUSDT+0.0100%4h0.1749−0.120%$8.7M$18.4M20xas long as short
MEXC ACE_USDT+0.0100%4h0.1749−0.097%$14.1M$785K20xas long as short
KuCoin ACEUSDTM+0.0100%4h0.1751−0.040%$2.0M$529K20xas long as short
Bitget ACEUSDT+0.0100%4h0.1751−0.011%$1.6M$2.2M10xas long as short
Variational Omni ACE+0.0100%4h0.1749−0.147%$117K$44Kas long as short
HTX ACE-USDT+0.0100%4h0.1737−0.799%$16K$100K20xas long as short
BingX ACE-USDTshort+0.0236%4h0.1751−0.017%$1.4M
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ACEUSDT+0.0271%4h0.1751+0.006%$2.6M$2.7M25xas long as short
Kraken Futures PF_ACEUSD+0.0997%1h0.1753+0.078%$52K$641K10xas long as short
Gate ACE_USDT+0.1082%4h0.1752+0.046%$1.2M$1.8M25xas long as short