Funding arb · Price arb /

ACE

all ACE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.1373%/8h= +150.3% APRpaid last 24h +0.940%

Price spread now: Kraken Futures against HTX+0.329%7-day average +0.432% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on HTX Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.018%+$2 on $10k

Price spread, last 4 days (all we have)+0.255%+$26 · spread now +0.329%, 7d avg +0.432%

Together, before fees+0.273%+$27 on $10k · with fees, hour by hour

Funding pays, the price is against you. Kraken Futures is 0.103% cheaper against HTX than usual: you would sell low and buy high (spread +0.329% now, against its 7-day average of +0.432%). If the spread goes back, that is −$10 on $10k: about 6 hours of funding at the current rate (+$41 a day). At the pace of the last 7 days (+0.018% in total) that is about 40 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.018% in total (about 0.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX ACE-USDT	0.1732	0.0100	pay 0.0050% / 4h	51m 37s	$15K	$96K	20x
Short	Kraken Futures PF_ACEUSD	0.1738	0.1473	get 0.0184% / 1h	51m 37s	$45K	$658K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against HTX. 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

Position, each leg$Hold fordaysFee HTXbpFee Kraken FuturesbpOrdersPrice spread, now +0.329%Rate

Funding earned: $288.31
Price spread: +0.329% → +0.432%: −$10.28
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $256.03
Costs to cover: 0.220%
Break-even: 0.8 days

Slippage unknown: HTX: live order book, 69 min ago; Kraken Futures: live order book, 6 min ago. Net counts fees only.

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 HTX live order book, 69 min ago	38.73 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 6 min ago	4.00 bp	18.6 bp −$19	107.8 bp −$1,078	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	+0.0057%	4h	0.1741	+0.537%	$467K	$73K	20x	as long as short
Hyperliquid ACE	+0.0100%	1h	0.1741	+0.520%	$374K	$423K	3x	as long as short
Aster ACEUSDT	+0.0100%	4h	0.1738	+0.345%	$24K	$37K	5x	as long as short
Binance ACEUSDT	+0.0100%	4h	0.1741	+0.491%	$8.7M	$18.7M	20x	as long as short
MEXC ACE_USDT	+0.0100%	4h	0.1740	+0.462%	$14.0M	$783K	20x	as long as short
KuCoin ACEUSDTM	+0.0100%	4h	0.1739	+0.410%	$2.0M	$536K	20x	as long as short
Bitget ACEUSDT	+0.0100%	4h	0.1739	+0.404%	$1.6M	$2.2M	10x	as long as short
Variational Omni ACE	+0.0100%	4h	0.1757	+1.430%	$117K	$44K	—	as long as short
HTX ACE-USDTlong	+0.0100%	4h	0.1732	long leg	$15K	$96K	20x
Bybit ACEUSDT	+0.0280%	4h	0.1743	+0.635%	$2.5M	$2.8M	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	+0.0294%	4h	0.1741	+0.543%	—	$1.4M	—	as long as short
Gate ACE_USDT	+0.1040%	4h	0.1741	+0.520%	$1.2M	$1.8M	25x	as long as short
Kraken Futures PF_ACEUSDshort	+0.1473%	1h	0.1738	+0.329%	$45K	$658K	10x