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−0.0308%/8h= −33.7% APRnext payment $1.54 per $10,000 · paid last 24h −0.013%
Price spread now: Bybit against Gate−0.012%7-day average +0.090% · you buy dearer than you sell
Net, funding: paid 7d − costs−$245as in the Funding arb table
Net, price: spread back to 7d avg − costs−$223as in the Price arb table
costs, in and out, $10k−$2132.130% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.324%−$32 on $10k
Price spread, last 7 days+0.072%+$7 · spread now −0.012%, 7d avg +0.090%
Together, before fees−0.252%−$25 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Bybit is 0.102% cheaper against Gate than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.090%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ACE_USDT0.17210.0472pay 0.0236% / 4h37m 44s$1.1M$1.8M25x
ShortBybit ACEUSDT0.17210.0164get 0.0082% / 4h37m 44s$2.4M$2.6M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
−$64.63
Price spread: −0.012% → +0.090%
−$10.21
Slippage, 4 orders
−$186.99
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$287.82
Costs to cover
2.130%
Break-even
never at this rate
Slippage from Gate: live order book, 5 min ago; Bybit: live order book, 4 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, 5 min ago2.91 bp58.4 bp −$58doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago1.45 bp59.4 bp −$59297.1 bp −$2,971doesn'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+0.0045%4h0.1722+0.064%$453K$70K20xas long as short
Hyperliquid ACE+0.0100%1h0.1720−0.058%$405K$387K3xas long as short
Aster ACEUSDT+0.0100%4h0.1721+0.013%$27K$33K5xas long as short
Binance ACEUSDT+0.0100%4h0.1720−0.064%$8.5M$18.0M20xas long as short
MEXC ACE_USDT+0.0100%4h0.1720−0.058%$13.9M$786K20xas long as short
KuCoin ACEUSDTM+0.0100%4h0.1722+0.041%$2.0M$514K20xas long as short
Bitget ACEUSDT+0.0100%4h0.1720−0.058%$1.6M$2.2M10xas long as short
Variational Omni ACE+0.0100%4h0.1722+0.040%$115K$44Kas long as short
HTX ACE-USDT+0.0100%4h0.1716−0.302%$15K$136K20xas long as short
Bybit ACEUSDTshort+0.0164%4h0.1721−0.012%$2.4M$2.6M25x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ACE-USDT+0.0210%4h0.17210.000%$1.4Mas long as short
Gate ACE_USDTlong+0.0472%4h0.1721long leg$1.1M$1.8M25x
Kraken Futures PF_ACEUSD+0.0900%1h0.1721−0.012%$48K$632K10xas long as short