Funding arb · Price arb /

ACE

all ACE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: HTX against Hyperliquid−0.415%48s7-day average −0.335% · you buy dearer than you sell

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

Long on Hyperliquid Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.756%+$76 on $10k

Price spread, last 3 days (all we have)+0.443%+$44 · spread now −0.415%, 7d avg −0.335%

Together, before fees+1.199%+ Points / potential airdropHyperliquid: Season 2 · farm board+$120 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.081% cheaper against Hyperliquid than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.335%. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid ACE	0.1710	0.0100	pay 0.0013% / 1h	54m 31s	$370K	$398K	3x
Short	HTX ACE-USDT	0.1703	0.0100	get 0.0050% / 4h	2h 54m	$15K	$117K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Hyperliquid. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 HyperliquidbpFee HTXbpOrdersPrice spread, now −0.415%Rate

Funding earned: $0
Price spread: −0.415% → −0.335%: −$8.06
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee HTX: 6 bp × 2 orders: −$12
Net: −$29.06
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: Hyperliquid: live order book, 55 min ago; HTX: live order book, 11 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 Hyperliquid live order book, 55 min ago	5.78 bp	17.0 bp −$17	doesn't fit	doesn't fit	doesn't fit
Sell HTX live order book, 11 min ago	45.70 bp	64.9 bp −$65	doesn't fit	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
Hyperliquid ACElong	+0.0100%	1h	0.1710	long leg	$370K	$398K	3x
Aster ACEUSDT	+0.0100%	4h	0.1709	−0.051%	$27K	$33K	5x	as long as short
Binance ACEUSDT	+0.0100%	4h	0.1709	−0.085%	$8.5M	$18.1M	20x	as long as short
MEXC ACE_USDT	+0.0100%	4h	0.1710	0.000%	$13.8M	$782K	20x	as long as short
KuCoin ACEUSDTM	+0.0100%	4h	0.1711	+0.064%	$2.0M	$517K	20x	as long as short
Bitget ACEUSDT	+0.0100%	4h	0.1710	0.000%	$1.6M	$2.2M	10x	as long as short
Variational Omni ACE	+0.0100%	4h	0.1709	−0.042%	$114K	$44K	—	as long as short
HTX ACE-USDTshort	+0.0100%	4h	0.1703	−0.415%	$15K	$117K	20x
BingX ACE-USDT	+0.0108%	4h	0.1711	+0.035%	—	$1.4M	—	as long as short
Bybit ACEUSDT	+0.0113%	4h	0.1710	−0.006%	$2.5M	$2.6M	25x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin ACE-USDT	+0.0134%	4h	0.1710	−0.012%	$459K	$69K	20x	as long as short
Gate ACE_USDT	+0.0762%	4h	0.1712	+0.117%	$1.1M	$1.8M	25x	as long as short
Kraken Futures PF_ACEUSD	+0.0908%	1h	0.1710	+0.001%	$48K	$631K	10x	as long as short