Funding you earn now, next payment 00:00 UTC+0.0458%/8h= +50.2% APRnext payment +$2.29 per $10,000 · paid last 24h +0.039%
Price spread now: Gate against KuCoin−0.053%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$341as in the Funding arb table
Net, price: spread back to 7d avg − costs−$378as in the Price arb table
costs, in and out, $10k−$3723.720% of the position
Funding, last 7 days+0.311%+$31 on $10k
+Price spread, last 7 days−0.010%−$1 · spread now −0.053%, 7d avg +0.008%
=Funding pays, the price is against you. Gate is 0.060% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.053% now, against its 7-day average of +0.008%). If the spread goes back, that is −$6 on $10k: about 11 hours of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.311% in total) that is about 33 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.311% in total (about 16.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.29 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 | 0.1708 | 0.0100 | pay 0.0050% / 4h | 1h 11m | $2.0M | $516K | 20x |
| Short | Gate ACE_USDT | 0.1707 | 0.0558 | get 0.0279% / 4h | 1h 11m | $1.1M | $1.9M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against KuCoin. 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
- $96.18
- Price spread: −0.053% → +0.008%
- −$6.05
- Slippage, 4 orders
- −$344.99
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$281.86
- Costs to cover
- 3.720%
- Break-even
- 27.5 days
Slippage from KuCoin: live order book, 4 min ago; Gate: 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 KuCoin live order book, 4 min ago | 6.14 bp | 146.1 bp −$146 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 2.93 bp | 27.4 bp −$27 | 179.9 bp −$1,799 | 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 | +0.0099% | 4h | 0.1705 | −0.158% | $448K | $70K | 20x | as long as short |
| Hyperliquid ACE | +0.0100% | 1h | 0.1706 | −0.111% | $401K | $387K | 3x | as long as short |
| Aster ACEUSDT | +0.0100% | 4h | 0.1707 | −0.060% | $27K | $33K | 5x | as long as short |
| Binance ACEUSDT | +0.0100% | 4h | 0.1706 | −0.106% | $8.4M | $18.0M | 20x | as long as short |
| MEXC ACE_USDT | +0.0100% | 4h | 0.1706 | −0.105% | $13.8M | $794K | 20x | as long as short |
| KuCoin ACEUSDTMlong | +0.0100% | 4h | 0.1708 | long leg | $2.0M | $516K | 20x | |
| Bitget ACEUSDT | +0.0100% | 4h | 0.1706 | −0.111% | $1.6M | $2.3M | 10x | as long as short |
| Variational Omni ACE | +0.0100% | 4h | 0.1709 | +0.075% | $114K | $44K | — | as long as short |
| HTX ACE-USDT | +0.0100% | 4h | 0.1703 | −0.263% | $15K | $141K | 20x | as long as short |
| Bybit ACEUSDT | +0.0338% | 4h | 0.1708 | −0.023% | $2.4M | $2.5M | 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 | +0.0354% | 4h | 0.1708 | −0.018% | — | $1.4M | — | as long as short |
| Gate ACE_USDTshort | +0.0558% | 4h | 0.1707 | −0.053% | $1.1M | $1.9M | 25x | |
| Kraken Futures PF_ACEUSD | +0.0772% | 1h | 0.1706 | −0.097% | $49K | $637K | 10x | as long as short |
KuCoin ACEUSDTM
Gate ACE_USDT
BloFin ACE-USDT
Hyperliquid ACE
Aster ACEUSDT
Binance ACEUSDT
MEXC ACE_USDT
Bitget ACEUSDT
Variational Omni ACE
HTX ACE-USDT
Bybit ACEUSDT
BingX ACE-USDT
Kraken Futures PF_ACEUSD