ACE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0330%/8h= +36.2% APRnext payment +$1.65 per $10,000 · paid last 24h −0.004%

Price spread now: Bybit against KuCoin−0.086%7-day average +0.099% · you buy dearer than you sell

Net, funding: paid 7d − costs−$291as in the Funding arb table

Net, price: spread back to 7d avg − costs−$303as in the Price arb table

costs, in and out, $10k−$2852.848% of the position

Long on KuCoin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.059%−$6 on $10k

Price spread, last 7 days+0.529%+$53 · spread now −0.086%, 7d avg +0.099%

Together, before fees+0.470%+$47 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bybit is 0.185% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.086% now, against its 7-day average of +0.099%). If the spread goes back, that is −$18 on $10k: about 45 hours of funding at the current rate (+$10 a day). Mind the row above: over the last 7 days funding on this pair cost −0.059%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.059% in total (about -3.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.65 per $10,000. 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	KuCoin ACEUSDTM	0.1746	0.0100	pay 0.0050% / 4h	27m 11s	$2.0M	$533K	20x
Short	Bybit ACEUSDT	0.1744	0.0430	get 0.0215% / 4h	27m 11s	$2.6M	$2.8M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against KuCoin. 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 KuCoinbpFee BybitbpOrdersPrice spread, now −0.086%Rate

Funding earned: $69.36
Price spread: −0.086% → +0.099%: −$18.47
Slippage, 4 orders: −$261.79
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$233.9
Costs to cover: 2.848%
Break-even: 30.6 days

Slippage from KuCoin: live order book, 4 min ago; Bybit: live order book, 5 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 KuCoin live order book, 4 min ago	5.71 bp	108.3 bp −$108	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 5 min ago	0.57 bp	45.5 bp −$46	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 ACE	+0.0100%	1h	0.1745	−0.057%	$373K	$426K	3x	as long as short
Aster ACEUSDT	+0.0100%	4h	0.1745	−0.062%	$24K	$37K	5x	as long as short
Binance ACEUSDT	+0.0100%	4h	0.1743	−0.183%	$8.7M	$18.7M	20x	as long as short
MEXC ACE_USDT	+0.0100%	4h	0.1744	−0.092%	$14.0M	$784K	20x	as long as short
KuCoin ACEUSDTMlong	+0.0100%	4h	0.1746	long leg	$2.0M	$533K	20x
Bitget ACEUSDT	+0.0100%	4h	0.1746	0.000%	$1.6M	$2.2M	10x	as long as short
Variational Omni ACE	+0.0100%	4h	0.1752	+0.363%	$117K	$44K	—	as long as short
HTX ACE-USDT	+0.0100%	4h	0.1743	−0.183%	$16K	$92K	20x	as long as short
BloFin ACE-USDT	+0.0114%	4h	0.1745	−0.080%	$466K	$74K	20x	as long as short
BingX ACE-USDT	+0.0400%	4h	0.1746	−0.011%	—	$1.4M	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ACEUSDTshort	+0.0430%	4h	0.1744	−0.086%	$2.6M	$2.8M	25x
Gate ACE_USDT	+0.1116%	4h	0.1747	+0.057%	$1.2M	$1.8M	25x	as long as short
Kraken Futures PF_ACEUSD	+0.1467%	1h	0.1745	−0.065%	$45K	$654K	10x	as long as short