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

ACE

all ACE markets
SwapBacktest
Alert: funding
Alert: spread
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 − costsprices read too far apart to compare
costs, in and out, $10k−$1081.084% of the position
What this pair did over the last
the charts below follow
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%
Together, before fees−0.336%−$34 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ACE_USDT0.17200.0440pay 0.0220% / 4h33m 47s$1.1M$1.8M25x
ShortBloFin ACE-USDT0.17180.0123get 0.0061% / 4h33m 47s$451K$70K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 4 min ago5.81 bp50.5 bp −$50doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 42 min ago0.29 bp17.9 bp −$1868.5 bp −$685doesn'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
Hyperliquid ACE+0.0100%1h0.17200.000%$404K$387K3xas long as short
Aster ACEUSDT+0.0100%4h0.1719−0.052%$27K$33K5xas long as short
Binance ACEUSDT+0.0100%4h0.1720+0.006%$8.5M$18.0M20xas long as short
MEXC ACE_USDT+0.0100%4h0.1720+0.012%$13.9M$788K20xas long as short
KuCoin ACEUSDTM+0.0100%4h0.1720+0.012%$2.0M$516K20xas long as short
Bitget ACEUSDT+0.0100%4h0.1721+0.058%$1.6M$2.2M10xas long as short
Variational Omni ACE+0.0100%4h0.1721+0.050%$115K$44Kas long as short
HTX ACE-USDT+0.0100%4h0.1714−0.337%$15K$135K20xas long as short
BloFin ACE-USDTshort+0.0123%4h0.1718−0.099%$451K$70K20x
Bybit ACEUSDT+0.0134%4h0.1721+0.081%$2.4M$2.6M25xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ACE-USDT+0.0176%4h0.1720−0.023%$1.4Mas long as short
Gate ACE_USDTlong+0.0440%4h0.1720long leg$1.1M$1.8M25x
Kraken Futures PF_ACEUSD+0.0901%1h0.1720+0.001%$48K$632K10xas long as short