Funding you earn now, next payment 05:00 UTC+0.0360%/8h= +39.4% APRpaid last 24h +0.948%
Price spread now: Kraken Futures against Bybit−0.111%7-day average +0.070% · you buy dearer than you sell
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$243as in the Price arb table
costs, in and out, $10k−$2242.244% of the position
Funding, last 7 days+0.936%+$94 on $10k
+Price spread, last 4 days (all we have)+0.363%+$36 · spread now −0.111%, 7d avg +0.070%
=Funding pays, the price is against you. Kraken Futures is 0.182% cheaper against Bybit than usual: you would sell low and buy high (spread −0.111% now, against its 7-day average of +0.070%). If the spread goes back, that is −$18 on $10k: about 40 hours of funding at the current rate (+$11 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ACEUSDT | 0.1743 | 0.0100 | pay 0.0050% / 4h | 3h 59m | $2.6M | $2.8M | 25x |
| Short | Kraken Futures PF_ACEUSD | 0.1741 | 0.0460 | get 0.0058% / 1h | 59m 21s | $45K | $647K | 10x |
Bybit ACEUSDT
Kraken Futures PF_ACEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Bybit. 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
- $75.64
- Price spread: −0.111% → +0.070%
- −$18.16
- Slippage, 4 orders
- −$203.37
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$166.89
- Costs to cover
- 2.244%
- Break-even
- 22.4 days
Slippage from Bybit: live order book, 3 min ago; Kraken Futures: live order book, 59 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 Bybit live order book, 3 min ago | 1.43 bp | 82.5 bp −$83 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 59 min ago | 4.00 bp | 18.6 bp −$19 | 107.8 bp −$1,078 | 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 | 0.1741 | −0.098% | $369K | $426K | 3x | as long as short |
| Aster ACEUSDT | +0.0100% | 4h | 0.1743 | −0.002% | $24K | $37K | 5x | as long as short |
| Binance ACEUSDT | +0.0100% | 4h | 0.1740 | −0.149% | $8.7M | $18.6M | 20x | as long as short |
| Bybit ACEUSDTlong | +0.0100% | 4h | 0.1743 | long leg | $2.6M | $2.8M | 25x | |
| MEXC ACE_USDT | +0.0100% | 4h | 0.1741 | −0.115% | $14.0M | $779K | 20x | as long as short |
| KuCoin ACEUSDTM | +0.0100% | 4h | 0.1742 | −0.057% | $1.9M | $532K | 20x | as long as short |
| Bitget ACEUSDT | +0.0100% | 4h | 0.1741 | −0.098% | $1.6M | $2.1M | 10x | as long as short |
| Variational Omni ACE | +0.0100% | 4h | 0.1744 | +0.103% | $117K | $44K | — | as long as short |
| HTX ACE-USDT | +0.0100% | 4h | 0.1732 | −0.585% | $16K | $88K | 20x | as long as short |
| BloFin ACE-USDT | +0.0157% | 4h | 0.1740 | −0.132% | $468K | $65K | 20x | as long as short |
Hyperliquid ACE
Aster ACEUSDT
Binance ACEUSDT
MEXC ACE_USDT
KuCoin ACEUSDTM
Bitget ACEUSDT
Variational Omni ACE
HTX ACE-USDT
BloFin ACE-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ACEUSDshort | +0.0460% | 1h | 0.1741 | −0.111% | $45K | $647K | 10x | |
| BingX ACE-USDT | +0.0590% | 4h | 0.1740 | −0.138% | — | $1.4M | — | as long as short |
| Gate ACE_USDT | +0.1074% | 4h | 0.1742 | −0.040% | $1.1M | $1.7M | 25x | as long as short |
BingX ACE-USDT
Gate ACE_USDT