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

ACE

all ACE markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.574%−$57 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ACE_USDT0.17400.1134pay 0.0567% / 4h3h 23m$1.1M$1.8M25x
ShortBinance ACEUSDT0.17410.0100get 0.0050% / 4h3h 23m$8.5M$19.6M20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 4 min ago2.89 bp31.6 bp −$32doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 3 min ago0.29 bp20.1 bp −$2087.5 bp −$875doesn'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-USDT+0.0043%4h0.1740+0.023%$468K$69K20xas long as short
Hyperliquid ACE+0.0100%1h0.1741+0.057%$355K$447K3xas long as short
Aster ACEUSDT+0.0100%4h0.1742+0.109%$18K$44K5xas long as short
Binance ACEUSDTshort+0.0100%4h0.1741+0.080%$8.5M$19.6M20x
Bybit ACEUSDT+0.0100%4h0.1743+0.190%$2.6M$3.0M25xas long as short
MEXC ACE_USDT+0.0100%4h0.1742+0.109%$14.0M$768K20xas long as short
KuCoin ACEUSDTM+0.0100%4h0.1738−0.098%$1.9M$558K20xas long as short
Bitget ACEUSDT+0.0100%4h0.1742+0.115%$1.6M$2.2M10xas long as short
BingX ACE-USDT+0.0100%4h0.1742+0.115%$1.5Mas long as short
Variational Omni ACE+0.0100%4h0.1735−0.298%$116K$43Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX ACE-USDT+0.0100%4h0.1738−0.126%$16K$40K20xas long as short
Kraken Futures PF_ACEUSD+0.0717%1h0.1742+0.122%$41K$703K10xas long as short
Gate ACE_USDTlong+0.1134%4h0.1740long leg$1.1M$1.8M25x