Funding you earn now, next payment 00:00 UTC−0.0317%/8h= −34.7% APRnext payment −$1.59 per $10,000 · paid last 24h −0.011%
Price spread now: BloFin against Gate−0.099%78s7-day average −0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$160as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1081.084% of the position
Funding, last 7 days−0.513%−$51 on $10k
+Price spread, last 3 days (all we have)+0.177%+$18 · spread now −0.099%, 7d avg −0.061%
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and BloFin is 0.038% cheaper against Gate than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.061%). Swap the legs. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ACE_USDT | 0.1720 | 0.0440 | pay 0.0220% / 4h | 33m 47s | $1.1M | $1.8M | 25x |
| Short | BloFin ACE-USDT | 0.1718 | 0.0123 | get 0.0061% / 4h | 33m 47s | $451K | $70K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$66.59
- Price spread: −0.099% → −0.061%
- −$3.82
- Slippage, 4 orders
- −$81.39
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$178.81
- Costs to cover
- 1.084%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 min ago; BloFin: live order book, 42 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 | 5.81 bp | 50.5 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 42 min ago | 0.29 bp | 17.9 bp −$18 | 68.5 bp −$685 | 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 | 0.1720 | 0.000% | $404K | $387K | 3x | as long as short |
| Aster ACEUSDT | +0.0100% | 4h | 0.1719 | −0.052% | $27K | $33K | 5x | as long as short |
| Binance ACEUSDT | +0.0100% | 4h | 0.1720 | +0.006% | $8.5M | $18.0M | 20x | as long as short |
| MEXC ACE_USDT | +0.0100% | 4h | 0.1720 | +0.012% | $13.9M | $788K | 20x | as long as short |
| KuCoin ACEUSDTM | +0.0100% | 4h | 0.1720 | +0.012% | $2.0M | $516K | 20x | as long as short |
| Bitget ACEUSDT | +0.0100% | 4h | 0.1721 | +0.058% | $1.6M | $2.2M | 10x | as long as short |
| Variational Omni ACE | +0.0100% | 4h | 0.1721 | +0.050% | $115K | $44K | — | as long as short |
| HTX ACE-USDT | +0.0100% | 4h | 0.1714 | −0.337% | $15K | $135K | 20x | as long as short |
| BloFin ACE-USDTshort | +0.0123% | 4h | 0.1718 | −0.099% | $451K | $70K | 20x | |
| Bybit ACEUSDT | +0.0134% | 4h | 0.1721 | +0.081% | $2.4M | $2.6M | 25x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ACE-USDT | +0.0176% | 4h | 0.1720 | −0.023% | — | $1.4M | — | as long as short |
| Gate ACE_USDTlong | +0.0440% | 4h | 0.1720 | long leg | $1.1M | $1.8M | 25x | |
| Kraken Futures PF_ACEUSD | +0.0901% | 1h | 0.1720 | +0.001% | $48K | $632K | 10x | as long as short |
Gate ACE_USDT
BloFin ACE-USDT
Hyperliquid ACE
Aster ACEUSDT
Binance ACEUSDT
MEXC ACE_USDT
KuCoin ACEUSDTM
Bitget ACEUSDT
Variational Omni ACE
HTX ACE-USDT
Bybit ACEUSDT
BingX ACE-USDT
Kraken Futures PF_ACEUSD