Funding you earn now, next payment 12:00 UTC−0.1034%/8h= −113.2% APRnext payment −$5.17 per $10,000 · paid last 24h −0.103%
Price spread now: Binance against Gate+0.080%7-day average −0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$930.925% of the position
Funding, last 7 days−0.552%−$55 on $10k
+Price spread, last 7 days−0.022%−$2 · spread now +0.080%, 7d avg −0.042%
=The price spread pays, funding is against you. Binance is 0.122% dearer against Gate than usual: you sell high and buy low (spread +0.080% now, against its 7-day average of −0.042%): +$12 on $10k if it goes back. Holding the pair costs −$31 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 7 days (−0.552% in total) that is about 37 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.552% in total (about -28.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.17 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 | Gate ACE_USDT | 0.1740 | 0.1134 | pay 0.0567% / 4h | 3h 23m | $1.1M | $1.8M | 25x |
| Short | Binance ACEUSDT | 0.1741 | 0.0100 | get 0.0050% / 4h | 3h 23m | $8.5M | $19.6M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- −$217.14
- Price spread: +0.080% → −0.042%
- $12.23
- Slippage, 4 orders
- −$67.52
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$297.43
- Costs to cover
- 0.925%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 min ago; Binance: live order book, 3 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 Gate live order book, 4 min ago | 2.89 bp | 31.6 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 0.29 bp | 20.1 bp −$20 | 87.5 bp −$875 | 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 | +0.0043% | 4h | 0.1740 | +0.023% | $468K | $69K | 20x | as long as short |
| Hyperliquid ACE | +0.0100% | 1h | 0.1741 | +0.057% | $355K | $447K | 3x | as long as short |
| Aster ACEUSDT | +0.0100% | 4h | 0.1742 | +0.109% | $18K | $44K | 5x | as long as short |
| Binance ACEUSDTshort | +0.0100% | 4h | 0.1741 | +0.080% | $8.5M | $19.6M | 20x | |
| Bybit ACEUSDT | +0.0100% | 4h | 0.1743 | +0.190% | $2.6M | $3.0M | 25x | as long as short |
| MEXC ACE_USDT | +0.0100% | 4h | 0.1742 | +0.109% | $14.0M | $768K | 20x | as long as short |
| KuCoin ACEUSDTM | +0.0100% | 4h | 0.1738 | −0.098% | $1.9M | $558K | 20x | as long as short |
| Bitget ACEUSDT | +0.0100% | 4h | 0.1742 | +0.115% | $1.6M | $2.2M | 10x | as long as short |
| BingX ACE-USDT | +0.0100% | 4h | 0.1742 | +0.115% | — | $1.5M | — | as long as short |
| Variational Omni ACE | +0.0100% | 4h | 0.1735 | −0.298% | $116K | $43K | — | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX ACE-USDT | +0.0100% | 4h | 0.1738 | −0.126% | $16K | $40K | 20x | as long as short |
| Kraken Futures PF_ACEUSD | +0.0717% | 1h | 0.1742 | +0.122% | $41K | $703K | 10x | as long as short |
| Gate ACE_USDTlong | +0.1134% | 4h | 0.1740 | long leg | $1.1M | $1.8M | 25x |
Gate ACE_USDT
Binance ACEUSDT
BloFin ACE-USDT
Hyperliquid ACE
Aster ACEUSDT
Bybit ACEUSDT
MEXC ACE_USDT
KuCoin ACEUSDTM
Bitget ACEUSDT
BingX ACE-USDT
Variational Omni ACE
HTX ACE-USDT
Kraken Futures PF_ACEUSD