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

ACE

all ACE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0137%/8h= +15.0% APRpaid last 24h +0.904%
Price spread now: Kraken Futures against Gate−0.010%7-day average +0.101% · you buy dearer than you sell
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$199as in the Price arb table
costs, in and out, $10k−$1881.879% 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 4 days (all we have)+0.356%+$36 · spread now −0.010%, 7d avg +0.101%
Together, before fees+0.908%+$91 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 0.111% cheaper against Gate than usual: you would sell low and buy high (spread −0.010% now, against its 7-day average of +0.101%). If the spread goes back, that is −$11 on $10k: about 2.7 days of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ACE_USDT0.17660.0868pay 0.0434% / 4h1h 44m$1.1M$1.8M25x
ShortKraken Futures PF_ACEUSD0.17660.1005get 0.0126% / 1h44m 41s$45K$682K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$28.81
Price spread: −0.010% → +0.101%
−$11.1
Slippage, 4 orders
−$162.9
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$170.19
Costs to cover
1.879%
Break-even
48.4 days
Slippage from Gate: live order book, 3 min ago; Kraken Futures: live order book, 63 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, 3 min ago5.67 bp54.3 bp −$54doesn't fitdoesn't fitdoesn't fit
Sell Kraken Futures live order book, 63 min ago9.29 bp22.4 bp −$22165.9 bp −$1,659doesn'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%1h0.1764−0.113%$369K$431K3xas long as short
Aster ACEUSDT+0.0100%4h0.1766+0.010%$19K$42K5xas long as short
Binance ACEUSDT+0.0100%4h0.1764−0.100%$8.8M$19.2M20xas long as short
MEXC ACE_USDT+0.0100%4h0.1764−0.108%$14.2M$777K20xas long as short
KuCoin ACEUSDTM+0.0100%4h0.1764−0.085%$1.9M$545K20xas long as short
HTX ACE-USDT+0.0100%4h0.1761−0.272%$16K$65K20xas long as short
BloFin ACE-USDT+0.0104%4h0.1765−0.051%$471K$62K20xas long as short
Bitget ACEUSDT+0.0124%4h0.1765−0.057%$1.6M$2.2M10xas long as short
Variational Omni ACE+0.0277%4h0.1765−0.057%$118K$44Kas long as short
Gate ACE_USDTlong+0.0868%4h0.1766long leg$1.1M$1.8M25x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ACEUSDT+0.0945%4h0.1767+0.034%$2.7M$2.9M25xas long as short
BingX ACE-USDT+0.0946%4h0.1766+0.011%$1.5Mas long as short
Kraken Futures PF_ACEUSDshort+0.1005%1h0.1766−0.010%$45K$682K10x