Funding you earn now, next payment 02:00 UTC−0.0627%/8h= −68.7% APRpaid last 24h −0.904%
Price spread now: Bybit against Kraken Futures+0.074%7-day average −0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$315as in the Funding arb table
Net, price: spread back to 7d avg − costs−$211as in the Price arb table
costs, in and out, $10k−$2252.254% of the position
Funding, last 7 days−0.895%−$90 on $10k
+Price spread, last 3 days (all we have)−0.272%−$27 · spread now +0.074%, 7d avg −0.074%
=The price spread pays, funding is against you. Bybit is 0.149% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.074% now, against its 7-day average of −0.074%): +$15 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 19 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ACEUSD | 0.1726 | 0.0899 | pay 0.0112% / 1h | 6m 11s | $48K | $632K | 10x |
| Short | Bybit ACEUSDT | 0.1728 | 0.0272 | get 0.0136% / 4h | 2h 06m | $2.4M | $2.6M | 25x |
Kraken Futures PF_ACEUSD
Bybit ACEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Kraken Futures. 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
- −$131.66
- Price spread: +0.074% → −0.074%
- $14.86
- Slippage, 4 orders
- −$204.42
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$342.23
- Costs to cover
- 2.254%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 62 min ago; Bybit: live order book, 1 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 Kraken Futures live order book, 62 min ago | 6.94 bp | 42.3 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 0.29 bp | 90.4 bp −$90 | 464.7 bp −$4,647 | doesn't fit | doesn't fit |
ACE on 12 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 ACE | +0.0100% | 1h | 0.1727 | +0.040% | $371K | $401K | 3x | as long as short |
| Aster ACEUSDT | +0.0100% | 4h | 0.1725 | −0.058% | $27K | $33K | 5x | as long as short |
| Binance ACEUSDT | +0.0100% | 4h | 0.1726 | −0.020% | $8.6M | $18.2M | 20x | as long as short |
| MEXC ACE_USDT | +0.0100% | 4h | 0.1726 | −0.030% | $13.9M | $793K | 20x | as long as short |
| KuCoin ACEUSDTM | +0.0100% | 4h | 0.1726 | −0.030% | $2.0M | $516K | 20x | as long as short |
| Bitget ACEUSDT | +0.0100% | 4h | 0.1727 | +0.040% | $1.6M | $2.1M | 10x | as long as short |
| Variational Omni ACE | +0.0100% | 4h | 0.1727 | +0.042% | $116K | $44K | — | as long as short |
| HTX ACE-USDT | +0.0100% | 4h | 0.1717 | −0.545% | $16K | $108K | 20x | as long as short |
| BingX ACE-USDT | +0.0162% | 4h | 0.1727 | +0.016% | — | $1.4M | — | as long as short |
| Bybit ACEUSDTshort | +0.0272% | 4h | 0.1728 | +0.074% | $2.4M | $2.6M | 25x |
Hyperliquid ACE
Aster ACEUSDT
Binance ACEUSDT
MEXC ACE_USDT
KuCoin ACEUSDTM
Bitget ACEUSDT
Variational Omni ACE
HTX ACE-USDT
BingX ACE-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ACEUSDlong | +0.0899% | 1h | 0.1726 | long leg | $48K | $632K | 10x | |
| Gate ACE_USDT | +0.1010% | 4h | 0.1727 | +0.040% | $1.1M | $1.8M | 25x | as long as short |
Gate ACE_USDT