Funding arb · Price arb /

ACE

all ACE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0616%/8h= −67.5% APRpaid last 24h −0.201%

Price spread now: HTX against Kraken Futures−1.045%7-day average — · you buy dearer than you sell

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

Long on Kraken Futures Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.632%−$63 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and HTX is 1.045% cheaper against Kraken Futures than usual: you would sell low and buy high (−$105 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_ACEUSD	0.1718	0.0716	pay 0.0090% / 1h	9m 06s	$40K	$590K	10x
Short	HTX ACE-USDT	0.1700	0.0100	get 0.0050% / 4h	9m 06s	$15K	$32K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 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 Kraken FuturesbpFee HTXbpOrdersPrice spread, now −1.045%Rate

Funding earned: −$129.37
Price spread: −1.045% → 0.000%: −$104.55
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$255.92
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Kraken Futures: live order book, 32 min ago; HTX: no order-book sample. 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 Kraken Futures live order book, 32 min ago	4.92 bp	37.7 bp −$38	doesn't fit	doesn't fit	doesn't fit
Sell HTX no order-book sample	—	—	—	—	—

HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ACE on 13 exchanges

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	0.1720	+0.142%	$352K	$435K	3x	as long as short
Aster ACEUSDT	+0.0100%	4h	0.1717	−0.007%	$17K	$37K	5x	as long as short
Binance ACEUSDT	+0.0100%	4h	0.1718	+0.022%	$8.4M	$18.1M	20x	as long as short
MEXC ACE_USDT	+0.0100%	4h	0.1718	+0.008%	$13.9M	$694K	20x	as long as short
KuCoin ACEUSDTM	+0.0100%	4h	0.1719	+0.084%	$1.8M	$480K	20x	as long as short
Bitget ACEUSDT	+0.0100%	4h	0.1719	+0.084%	$1.6M	$2.0M	10x	as long as short
Variational Omni ACE	+0.0100%	4h	0.1721	+0.228%	$115K	$42K	—	as long as short
HTX ACE-USDTshort	+0.0100%	4h	0.1700	−1.045%	$15K	$32K	20x
BloFin ACE-USDT	+0.0108%	4h	0.1721	+0.212%	$463K	$64K	20x	as long as short
BingX ACE-USDT	+0.0126%	4h	0.1719	+0.084%	—	$1.4M	—	as long as short

Show all 13 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ACEUSDT	+0.0166%	4h	0.1720	+0.166%	$2.5M	$2.8M	25x	as long as short
Gate ACE_USDT	+0.0424%	4h	0.1719	+0.084%	$1.1M	$1.7M	25x	as long as short
Kraken Futures PF_ACEUSDlong	+0.0716%	1h	0.1718	long leg	$40K	$590K	10x