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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ACE_USDT | 0.1721 | 0.0472 | pay 0.0236% / 4h | 37m 44s | $1.1M | $1.8M | 25x |
| Short | Bybit ACEUSDT | 0.1721 | 0.0164 | get 0.0082% / 4h | 37m 44s | $2.4M | $2.6M | 25x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 5 min ago | 2.91 bp | 58.4 bp −$58 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 1.45 bp | 59.4 bp −$59 | 297.1 bp −$2,971 | 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 | +0.0045% | 4h | 0.1722 | +0.064% | $453K | $70K | 20x | as long as short |
| Hyperliquid ACE | +0.0100% | 1h | 0.1720 | −0.058% | $405K | $387K | 3x | as long as short |
| Aster ACEUSDT | +0.0100% | 4h | 0.1721 | +0.013% | $27K | $33K | 5x | as long as short |
| Binance ACEUSDT | +0.0100% | 4h | 0.1720 | −0.064% | $8.5M | $18.0M | 20x | as long as short |
| MEXC ACE_USDT | +0.0100% | 4h | 0.1720 | −0.058% | $13.9M | $786K | 20x | as long as short |
| KuCoin ACEUSDTM | +0.0100% | 4h | 0.1722 | +0.041% | $2.0M | $514K | 20x | as long as short |
| Bitget ACEUSDT | +0.0100% | 4h | 0.1720 | −0.058% | $1.6M | $2.2M | 10x | as long as short |
| Variational Omni ACE | +0.0100% | 4h | 0.1722 | +0.040% | $115K | $44K | — | as long as short |
| HTX ACE-USDT | +0.0100% | 4h | 0.1716 | −0.302% | $15K | $136K | 20x | as long as short |
| Bybit ACEUSDTshort | +0.0164% | 4h | 0.1721 | −0.012% | $2.4M | $2.6M | 25x |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ACE-USDT | +0.0210% | 4h | 0.1721 | 0.000% | — | $1.4M | — | as long as short |
| Gate ACE_USDTlong | +0.0472% | 4h | 0.1721 | long leg | $1.1M | $1.8M | 25x | |
| Kraken Futures PF_ACEUSD | +0.0900% | 1h | 0.1721 | −0.012% | $48K | $632K | 10x | as long as short |
Gate ACE_USDT
Bybit ACEUSDT
BloFin ACE-USDT
Hyperliquid ACE
Aster ACEUSDT
Binance ACEUSDT
MEXC ACE_USDT
KuCoin ACEUSDTM
Bitget ACEUSDT
Variational Omni ACE
HTX ACE-USDT
BingX ACE-USDT
Kraken Futures PF_ACEUSD