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

ACE

all ACE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.11 per $10,000 · paid last 24h +0.012%
Price spread now: Bitget against BloFin−0.093%95s7-day average +0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$760.764% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.303%+$30 on $10k
Price spread, last 3 days (all we have)−0.092%−$9 · spread now −0.093%, 7d avg +0.055%
Together, before fees+0.211%+$21 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.148% cheaper against BloFin than usual: you would sell low and buy high (spread −0.093% now, against its 7-day average of +0.055%). If the spread goes back, that is −$15 on $10k: about 23 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.303% in total) that is about 3.4 days. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ACE-USDT0.17200.0078pay 0.0039% / 4h2h 15m$452K$71K20x
ShortBitget ACEUSDT0.17180.0100get 0.0050% / 4h2h 15m$1.6M$2.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$4.53
Price spread: −0.093% → +0.055%
−$14.82
Slippage, 4 orders
−$52.35
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$86.65
Costs to cover
0.764%
Break-even
141.0 days
Slippage from BloFin: live order book, 5 min ago; Bitget: live order book, 2 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, 5 min ago0.29 bp20.0 bp −$20doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago8.72 bp18.4 bp −$1853.2 bp −$532doesn'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+0.0078%4h0.1720long leg$452K$71K20x
Hyperliquid ACE+0.0100%1h0.1721+0.081%$409K$385K3xas long as short
Aster ACEUSDT+0.0100%4h0.1720+0.036%$27K$33K5xas long as short
Binance ACEUSDT+0.0100%4h0.1719−0.063%$8.5M$17.8M20xas long as short
MEXC ACE_USDT+0.0100%4h0.1719−0.064%$13.9M$807K20xas long as short
KuCoin ACEUSDTM+0.0100%4h0.1721+0.070%$2.0M$519K20xas long as short
Bitget ACEUSDTshort+0.0100%4h0.1718−0.093%$1.6M$2.2M10x
Variational Omni ACE+0.0100%4h0.1725+0.306%$136K$25Kas long as short
HTX ACE-USDT+0.0100%4h0.1713−0.390%$15K$150K20xas long as short
BingX ACE-USDT+0.0568%4h0.1719−0.035%$1.4Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ACEUSDT+0.0569%4h0.1720+0.029%$2.5M$2.5M25xas long as short
Gate ACE_USDT+0.0770%4h0.1721+0.081%$1.1M$1.9M25xas long as short
Kraken Futures PF_ACEUSD+0.1098%1h0.1720+0.031%$50K$630K10xas long as short