ACE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0316%/8h= −34.6% APRnext payment −$1.58 per $10,000 · paid last 24h −0.026%

Price spread now: KuCoin against Bybit+0.023%7-day average −0.097% · you sell dearer than you buy

Net, funding: paid 7d − costs−$570as in the Funding arb table

Net, price: spread back to 7d avg − costs−$559as in the Price arb table

costs, in and out, $10k−$5715.711% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.013%+$1 on $10k

Price spread, last 7 days−0.005%−$1 · spread now +0.023%, 7d avg −0.097%

Together, before fees+0.008%+$1 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.120% dearer against Bybit than usual: you sell high and buy low (spread +0.023% now, against its 7-day average of −0.097%): +$12 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 30 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.013% in total (about 0.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.58 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	Bybit ACEUSDT	0.1721	0.0416	pay 0.0208% / 4h	2h 01m	$2.5M	$2.5M	25x
Short	KuCoin ACEUSDTM	0.1722	0.0100	get 0.0050% / 4h	2h 01m	$2.0M	$519K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee KuCoinbpOrdersPrice spread, now +0.023%Rate

Funding earned: −$66.43
Price spread: +0.023% → −0.097%: $12.03
Slippage, 4 orders: −$548.13
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$625.53
Costs to cover: 5.711%
Break-even: never at this rate

Slippage from Bybit: live order book, 5 min ago; KuCoin: live order book, 5 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, 5 min ago	0.58 bp	78.9 bp −$79	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 5 min ago	8.70 bp	225.4 bp −$225	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
BloFin ACE-USDT	+0.0093%	4h	0.1719	−0.163%	$453K	$71K	20x	as long as short
Hyperliquid ACE	+0.0100%	1h	0.1721	−0.029%	$411K	$386K	3x	as long as short
Aster ACEUSDT	+0.0100%	4h	0.1720	−0.081%	$27K	$33K	5x	as long as short
Binance ACEUSDT	+0.0100%	4h	0.1721	−0.045%	$8.5M	$17.8M	20x	as long as short
MEXC ACE_USDT	+0.0100%	4h	0.1721	−0.058%	$13.9M	$808K	20x	as long as short
KuCoin ACEUSDTMshort	+0.0100%	4h	0.1722	+0.023%	$2.0M	$519K	20x
Bitget ACEUSDT	+0.0100%	4h	0.1721	−0.029%	$1.6M	$2.2M	10x	as long as short
Variational Omni ACE	+0.0100%	4h	0.1723	+0.086%	$135K	$25K	—	as long as short
HTX ACE-USDT	+0.0100%	4h	0.1718	−0.209%	$15K	$149K	20x	as long as short
BingX ACE-USDT	+0.0386%	4h	0.1721	−0.029%	—	$1.4M	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ACEUSDTlong	+0.0416%	4h	0.1721	long leg	$2.5M	$2.5M	25x
Gate ACE_USDT	+0.0684%	4h	0.1721	−0.029%	$1.1M	$1.9M	25x	as long as short
Kraken Futures PF_ACEUSD	+0.1097%	1h	0.1721	−0.021%	$50K	$629K	10x	as long as short